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Home My WebLink About~Master - Contract and bond for 2015/16 Traffic Signal Program (University Boulevard & U.S. Highway 30 West-Bound Off-Ramp) RESOLUTION NO. 16-346 RESOLUTION APPROVING CONTRACT AND BOND FOR CONSTRUCTION OF 2015/16 TRAFFIC SIGNAL PROGRAM (UNIVERSITY BOULEVARD & U.S. HIGHWAY 30 WEST-BOUND OFF-RAMP) 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 2015/16 Traffic Signal Program (University Boulevard &U.S. Highway 30 West-Bound Off-Ramp); and,pursuant to notice and hearing,bids were received on the 41h day of May,2016, as called for in the detailed plans and specifications as prepared by the Public Works Department and filed with the City Clerk on the 7th day of April, 2016; and, WHEREAS,this Council has heretofore determined that the bid of Iowa Signal,Inc.,of Grimes, Iowa, in the amount of$184,070.66 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 Iowa Signal, Inc., of Grimes, Iowa, in the amount of$184,070.66 dated the 20'day of May,2016,for the construction of the 2015/16 Traffic Signal Program (University Boulevard& U.S. Highway 30 West-Bound Off- Ramp)as provided for in the detailed plans and specifications referred to in the preamble hereof, and the performance bond of the said contractor with Old Republic Surety Company of Waukesha County, Wisconsin, as surety thereon, in the amount of $184,070.66 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 All resolutions or order or parts thereof in conflict herewith are hereby repealed to the extend of such conflict.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 141h day of June, 2016. Diane R. Voss, City Clerk Ann H. Campbell, Mayor Introduced by: Nelson Seconded by: Betcher Voting aye: Beatty-Hansen, Betcher, Corrieri, Gartin,Nelson, Orazem Voting nay: None Absent: None Resolution declared adopted and signed by the Mayor this 14th day of June, 2016.