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HomeMy WebLinkAbout~Master - Contract/bond for So. Dayton Avenue Improvements (Div. I & II) RESOLUTION NO. 08-487 RESOLUTION APPROVING CONTRACT AND BOND FOR CONSTRUCTION OF SOUTH DAYTON AVENUE IMPROVEMENTS PROJECT (DIVISIONS I&II) 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 Dayton Avenue Improvements Project(Divisions I&II); and,pursuant to notice and hearing,bids were received on the 8'day of October,2008,as called for in the detailed plans and specifications as prepared by FOX Engineering of Ames,Iowa,and filed with the City Clerk on the 9t'day of September,2008;and, WHEREAS,this Council has heretofore determined that the bid of Peterson Contractors,Inc., of Reinbeck,Iowa,in the amount of$1,539,512.40 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 Peterson Contractors, Inc., of Reinbeck, Iowa, in the amount of$1,539,512.40 dated the 281h day of October, 2008, for the construction of the South Dayton Avenue Improvements Project(Divisions I&II)as provided for in the detailed plans and specifications referred to in the preamble hereof, and the performance bond of the said contractor with Travelers Casualty and Surety Company of America of the State of Connecticut, as surety thereon, in the amount of$1,539,512.40 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 All resolutions or order or parts thereof in conflict herewith are hereby repealed to the extend of such conflict.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 251}i day of November,2008. '--4 f /4" ,/( Diane R. Voss, City Clerk Ann H. Campbell, Mayor Introduced by: Mahayni Seconded by: Popken Voting aye: Doll, Goodman, Larson,Mahayni, Popken, Rice Voting nay: None Absent: None Resolution declared adopted and signed by the Mayor this 25t'day of November, 2008.