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HomeMy WebLinkAbout~Master - Contract/bond for So. Duff Area Storm Sewer Reconstruction Project RESOLUTION NO. 03-010 RESOLUTION APPROVING CONTRACT AND BOND FOR CONSTRUCTION OF SOUTH DUFF AREA STORM SEWER RECONSTRUCTION PROJECT 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 South Duff Area Storm Sewer Reconstruction Project; and,pursuant to notice and hearing,bids were received on the 4t'day of December,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 12t'day of November,2002; and, WHEREAS,this Council has heretofore determined that the bid of KRI Company of Ames,Iowa, in the amount of$450,779.00 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$450,779.00 dated the 10'day of December,2002,for the construction of the South Duff Area Storm Sewer Reconstruction Project 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$450,779.00 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 All resolutions or order or parts thereof in conflict herewith are hereby repealed to the extend of such conflict.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 141h day of January, 2003. .� Diane R. Voss, City Clerk Ted Tedesco, Mayor Introduced by: Cross Seconded by: Goodhue Voting aye: Cross, Goodhue, Hoffman, Mahayni, Vegge, Wirth Voting nay: None Absent: None Resolution declared adopted and signed by the Mayor this 14th day of January, 2003.