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HomeMy WebLinkAbout2014-360-05/12/2014Prepared by Carol Nemmers, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2014-360 RESOLUTION APPROVING RECOMMENDATION OF AWARD OF CONTRACT TO CEDAR VALLEY CORPORATION OF WATERLOO, IOWA, IN THE AMOUNT OF $5,914,306.72, AND APPROVING CONTRACT, BONDS AND CERTIFICATE OF INSURANCE IN CONJUNCTION WITH THE F.Y. 2014 KIMBALL AVENUE TRANSPORTATION IMPROVEMENTS PROJECT, CONTRACT NO. 843. BE IT RESOLVED BY THE COUNCIL OF THE CITY OF WATERLOO, IOWA: That the Contract, Bonds and Certificate of Insurance with Cedar Valley Corporation of Waterloo, Iowa, in the amount of $5,914,306.72, in conjunction with the F.Y. 2014 Kimball Avenue Transportation Improvements Project, Contract No. 843, described in the plans and specifications heretofore adopted by this Council for said project in Resolution No. 2014-359, after public hearing on May 12, 2014 on published notice required by law, be and is hereby accepted, the same being the lowest bid received for said work. The Mayor and City Clerk are hereby directed to execute contract with the said contractor for the construction of said improvements, said contract not to be binding on the City until approved by this Council. PASSED AND ADOPTED this 12th day of May, 2014. E est G. Clark, Mayor ATTEST: \ 1 Suzy Sch es, CMC City Cler