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HomeMy WebLinkAbout~Master - Contract/bond for Stange Road 161/69 kV Substation RESOLUTION NO. 05-432 RESOLUTION APPROVING CONTRACT AND BOND FOR CONSTRUCTION OF STANGE ROAD 161/69 KV SUBSTATION 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 Stange Road 161/69 kV Substation Construction; and, pursuant to notice and hearing, bids were received on the 14t' day of September, 2005, as called for in the detailed plans and specifications as prepared by DeWild Grant Reckert & Associates and filed with the City Clerk on the 19t' day of August, 2005; and, WHEREAS, this Council has heretofore determined that the bid of L.E. Myers Company of Marshalltown, Iowa, in the amount of$1,102,534.76 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 L.E. Myers Company of Marshalltown, Iowa, in the amount of$1,102,534.76 dated the 27' day of September, 2005, for the Stange Road 161/69 kV Substation Construction as provided for in the detailed plans and specifications referred to in the preamble hereof, and the performance bond of the said contractor with Safeco Insurance Company of America of Seattle, Washington, as surety thereon, in the amount of$1,102,534.76 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 All resolutions or order or parts thereof in conflict herewith are hereby repealed to the extend of such conflict.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 I Ph day of October, 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 11'day of October, 2005.