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HomeMy WebLinkAbout~Master - Contract and bond for Flood Damage - Bank Erosion (326 N. Riverside Drive and Stuart Smith Park) RESOLUTION NO. 12-589 RESOLUTION APPROVING CONTRACT AND BOND FOR CONSTRUCTION OF FLOOD DAMAGE -BANK EROSION (326 NORTH RIVERSIDE DRIVE AND STUART SMITH PARK 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 Flood Damage - Bank Erosion (326 North Riverside Drive and Stuart Smith Park); and, pursuant to notice and hearing,bids were received on the 3rd day of October,2012,as called for in the detailed plans and specifications as prepared by the Public Works Department and filed with the City Clerk on the 7' day of September, 2012; and, WHEREAS,this Council has heretofore determined that the bid of Peterson Contractors, Inc., of Reinbeck, Iowa, in the amount of $499,946.75 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$499,946.75 dated the 23' day of October, 2012, for the construction of the Flood Damage-Bank Erosion(326 North Riverside Drive and Stuart Smith Park)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 Hartford, Connecticut, as surety thereon, in the amount of$499,946.75 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 All resolutions or order or parts thereof in conflict herewith are hereby repealed to the extend of such conflict.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 13d'day of November, 2012. A. c, Diane R. Voss, City Clerk Ann H. Campbell, Mayor Introduced by: Wacha Seconded by: Davis Voting aye: Davis, Goodman, Larson, Orazem, Szopinski, Wacha Voting nay: None Absent: None Resolution declared adopted and signed by the Mayor this 13'day of November, 2012.