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HomeMy WebLinkAbout~Master - Performance bond for Motor Repair Contract for Power Plant RESOLUTION NO. 14-628 RESOLUTION APPROVING THE PERFORMANCE BOND FOR MOTOR REPAIR FOR THE POWER PLANT FOR THE CITY OF AMES, IOWA WHEREAS,this City Council has heretofore determined it advisable and necessary that certain improvements be made and repaired in the City of Ames,Iowa, such project having been designated as the Motor Repair for the Power Plant Project; and, pursuant to notice and hearing, bids were received on the 12th day of February, 2014, as called for in the detailed plans and specifications as prepared by the Purchasing Division of the Finance Department and filed with the City Clerk on the 14th day of January, 2014; and, WHEREAS, this Council has heretofore determined that the bid of Electrical Engineering and Equipment Company of Windsor Heights, Iowa, for Calendar Year 2015 in the amount of$115,000 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 Electrical Engineering and Equipment Company of Windsor Heights,Iowa, in the amount of$115,000 dated the 9th day of December,2014,for the Motor Repair for the Power Plant Project as provided for in the detailed plans and specifications referred to in the preamble hereof,and the performance bond of the said contractor with Merchants Bonding Company(Mutual)of Des Moines,Iowa,as surety thereon, in the amount of$115,000 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 All resolutions or order or parts thereof in conflict herewith are hereby repealed to the extend of such conflict.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 91h day of December, 2014. Diane R. Voss, City Clerk Ann H. Campbell, Mayor Introduced by: Goodman Seconded by: Corrieri Voting aye: Betcher, Corrieri, Gartin, Goodman,Nelson, Orazem Voting nay: None Absent: None Resolution declared adopted and signed by the Mayor this 9'day of December, 2014.