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Home My WebLink About~Master - Contract & bond for 2002/03 Water System Improvements Project RESOLUTION NO. 02-430 RESOLUTION APPROVING CONTRACT AND BOND FOR CONSTRUCTION OF 2002/03 WATER SYSTEM IMPROVEMENTS PROJECT- MORTENSEN ROAD EXTENSION 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 2002/03 Water System Improvements Project -Mortensen Road Extension; and, pursuant to notice and hearing, bids were received on the 171h day of July, 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 251h day of June, 2002; and, WHEREAS,this Council has heretofore determined that the bid of KRI Company of Ames,Iowa, in the amount of$109,982.50 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$109,982.50 dated the 23rd day of July, 2002, for the construction of the 2002/03 Water System Improvements Project-Mortensen Road Extension as provided for in the detailed plans and specifications referred to in the preamble hereof, and the performance bond of the said contractor with St. Paul Fire and Marine Insurance Company of Baltimore, Maryland, as surety thereon, in the amount of$109,982.50 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 All resolutions or order or parts thereof in conflict herewith are hereby repealed to the extend of such conflict.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 13th day of August, 2002. Diane R. Voss, City Clerk Ted Tedesco, Mayor Introduced by: Goodhue Seconded by: Vegge Voting aye: Cross, Goodhue, Quirmbach, Vegge Voting nay: None Absent: Hoffman, Wirth Resolution declared adopted and signed by the Mayor this 13`h day of August, 2002.