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HomeMy WebLinkAbout~Master - North River Valley Park Low Head Dam Improvements contract and bond approval RESOLUTION NO. 18-230 RESOLUTION APPROVING CONTRACT AND BOND FOR NORTH RIVER VALLEY PARK LOW HEAD DAM IMPROVEMENTS 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 North River Valley Park Low Head Dam Improvements;and,pursuant to notice and hearing,bids were received on the 29th day of March, 2018, as called for in the detailed plans and specifications as prepared by the Finance Department/Purchasing Division and filed with the City Clerk on the 26th day of February, 2018; and, WHEREAS,this Council has heretofore determined that the bid of RW Excavating Solutions, LC of Prairie City, Iowa, in the amount of$776,534.88 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 RW Excavating Solution,LC of Prairie City,Iowa,in the amount of$776,534.88 dated the 10th day ofApril,2018,for the North River Valley Park Low Head Dam Improvements as provided for in the detailed plans and specifications referred to in the preamble hereof, and the performance bond of the said contractor with IMT Insurance Company of West Des Moines, Iowa, as surety thereon, in the amount of$776,534.88 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 All resolutions or order or parts thereof in conflict herewith are hereby repealed to the extend of such conflict.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 24th day of April, 2018. ) I 'dLAII'l AA A I r Diane R. Voss, City Clerk John A. Haila, Mayor Introduced by: Betcher Seconded by: Gartin Voting aye: Beatty-Hansen, Betcher, Corrieri, Gartin, Martin, Nelson Voting nay: None Absent: None Resolution declared adopted and signed by the Mayor this 24'day of April, 2018.