HomeMy WebLinkAbout~Master - Contract and bond for 2017/18 Traffic Signal Program RESOLUTION NO. 18-114
RESOLUTION APPROVING CONTRACT AND BOND FOR CONSTRUCTION OF
2017/18 TRAFFIC SIGNAL PROGRAM (EAST LINCOLN WAY& DAYTON AVENUE)
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
2017/18 Traffic Signal Program (East Lincoln Way and Dayton Avenue); and, pursuant to notice and
hearing, bids were received on the 21 st day of January, 2018, as called for in the detailed plans and
specifications as prepared by the Public Works Department and filed with the City Clerk on the 19t'' day
of January,2018; and,
WHEREAS, this Council has heretofore determined that the bid of Iowa Signal, Inc., of Grimes,
Iowa, in the amount of $309,416.64 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$309,416.64 dated the 271' day of February, 2018, for the 2017/18 Traffic
Signal Program (East Lincoln Way and Dayton Avenue) 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 Brookfield, Wisconsin, as surety thereon, in
the amount of $309,416.64 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 All resolutions or order or parts thereof in conflict herewith are hereby repealed to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 6t' day of March, 2018.
Diane R. Voss, City Clerk John A. Haila, Mayor
Introduced by: Beatty-Hansen
Seconded by: Gartin
Voting aye: Beatty-Hansen, Betcher, Gartin, Martin,Nelson
Voting nay: None Absent: Corrieri
Resolution declared adopted and signed by the Mayor this 6th day of March, 2018.