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HomeMy WebLinkAbout~Master - Contract/bond for Electric Power Autotransformers RESOLUTION NO. 05-198 RESOLUTION APPROVING CONTRACT AND BOND FOR CONSTRUCTION OF ELECTRIC POWER AUTOTRANSFORMERS 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 Electric Power Autotransformers;and,pursuant to notice and hearing,bids were received on the 23'day of March, 2005, as called for in the detailed plans and specifications as prepared by DeWild Grant Reckert&Associates Company and filed with the City Clerk on the 8'day of March,2005; and, WHEREAS,this Council has heretofore determined that the bid of Waukesha Electric Systems, Inc.,of Waukesha,Wisconsin,in the amount of$2,839,708.00 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 Waukesha Electric Systems,Inc., of Waukesha,Wisconsin,in the amount of$2,839,708.00 dated the 12'day of April,2005,for the construction of the Electric Power Autotransformers as provided for in the detailed plans and specifications referred to in the preamble hereof,and the performance bond of the said contractor with Liberty Mutual Insurance Company of Boston, Massachusetts, as surety thereon, in the amount of$2,839,708.00 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 All resolutions or order or parts thereof in conflict herewith are hereby repealed to the extend of such conflict.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 10th day of May, 2005. Diane R. Voss, City Clerk Ted Tedesco, Mayor Introduced by: Goodhue Seconded by: Vegge Voting aye: Cross, Goodhue, Goodman,Mahayni,Vegge,Wirth Voting nay: None Absent: None Resolution declared adopted and signed by the Mayor this loth day of May, 2005.