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HomeMy WebLinkAbout~Master - Contract/bond for 2003/04 Water System Improvements Program RESOLUTION NO. 03-197 RESOLUTION APPROVING CONTRACT AND BOND FOR CONSTRUCTION OF 2003/04 WATER SYSTEM IMPROVEMENTS PROGRAM 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 2003/04 Water System Improvements Program;and,pursuant to notice and hearing,bids were received on the 7t'day of May,2003,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 8'day of April,2003; and, WHEREAS, this Council has heretofore determined that the bid of KRI Company of Ames, Iowa, in the amount of$509,987.25 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$509,987.25 dated the 13'day of May,2003,for the construction of the 2003/04 Water System Improvements Program as provided for in the detailed plans and specifications referred to in the preamble hereof,and the performance bond of the said contractor with North American Specialty Insurance Company of Manchester,New Hampshire,as surety thereon,in the amount of$509,987.25 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 All resolutions or order or parts thereof in conflict herewith are hereby repealed to the extend of such conflict.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 27'day of May, 2003. C��"'R. LXIA& �z -�' Diane R. Voss, City Clerk Ted Tedesco, Mayor Introduced by: Cross Seconded by: Wirth Voting aye: Cross, Goodhue,Hoffman,Mahayni,Vegge,Wirth Voting nay: None Absent: None Resolution declared adopted and signed by the Mayor this 27t1i day of May, 2003.