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HomeMy WebLinkAbout~Master - Contract and bond for 2001/02 Low Point Drainage Program RESOLUTION NO. 02-302 RESOLUTION APPROVING CONTRACT AND BOND FOR CONSTRUCTION OF 2001/02 LOW POINT DRAINAGE PROGRAM (QUEBEC STREET) FOR THE CITY OF AMES,IOWA WHEREAS,this City Council has heretofore determined it advisable and necessary that certain improvements be constructed in the City of Ames, Iowa, such project having been designated as the 2001/02 Low Point Drainage Program(Quebec Street); and,pursuant to notice and hearing,bids were received on the 8'day of May, 2002,as called for in the detailed plans and specifications as prepared by the City of Ames Public Works Department and filed with the City Clerk on the 9r' day of April, 2002; and, WHEREAS, this Council has heretofore determined that the bid of KRI Company of Ames, Iowa, in the amount of$88,785.00 is the lowest and best bid submitted for the construction of said project; and, WHEREAS, contract in the form provided in said plans and specifications has been executed by said contractor, and satisfactory performance bond has been filed by said contractor. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Ames, Iowa, as follows: Section 1. The contract between the City of Ames,Iowa,and KRI Company of Ames,Iowa,in the amount of$88,785.00 dated the 14'day of May,2002, for the construction of the 2001/02 Low Point Drainage Program (Quebec Street) as provided for in the detailed plans and specifications referred to in the preamble hereof, and the performance bond of the said contractor with United States Fidelity&Guaranty Company of Baltimore,Maryland,as surety thereon,in the amount of$88,785.00 filed in connection therewith,be and the same are hereby approved. Section 2. All resolutions or order or parts thereof in conflict herewith are hereby repealed to the extend of such conflict. ADOPTED THIS 28"'day of May, 2002. �?) . VAd& r...� Diane R. Voss, City Clerk Ted Tedesco,Mayor Introduced by: Goodhue Seconded by: Cross Voting aye: Cross, Goodhue, Hoffinan, Quirmbach, Vegge,Wirth Voting nay: None Absent: None Resolution declared adopted and signed by the Mayor this 28'day of May, 2002.