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HomeMy WebLinkAbout~Master - Contract and Bond of South Grand Avenue - S. 5th to Squaw Creek Drive and South 5th Street- South Grand Avenue to 600 ' West of South Duff Avenue RESOLUTION NO. 19-576 RESOLUTION APPROVING CONTRACT AND BOND FOR CONSTRUCTION OF SOUTH GRAND AVENUE- S.5m TO SQUAW CREEK DRIVE AND SOUTH 5'H STREET- SOUTH GRAND AVENUE TO 600' WEST OF SOUTH DUFF AVENUE FOR THE CITY OF AMES,IOWA WHEREAS,this City Council and the Iowa Department of Transportation(IDOT)have heretofore determined it advisable and necessary that certain improvements be constructed in the City of Ames, Iowa, such project having been designated as the South Grand Avenue -S. 5"'to Squaw Creek Drive and South 5t" Street- South Grand Avenue to 600'West of South Duff Avenue; and,pursuant to notice and hearing,bids were received on the 16"'day of July,2019,as called for in the detailed plans and specifications as prepared by the IDOT and filed with the City Clerk on the 2 1"day of June,2019; and, WHEREAS, this Council and the IDOT have heretofore determined that the bid of Peterson Contractors,Inc.,of Reinbeck,Iowa,in the amount of$3,159,304.15 is the lowest and best bid submitted for the construction of said project; and, WHEREAS,the 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$3,159,304.15 dated the I Ith day of September, 2019, for the South Grand Avenue - S. 5"'to Squaw Creek Drive and South 5"' Street - South Grand Avenue to 600' West of South Duff 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 Travelers Casualty and Surety Company of America of Hartford, Connecticut, as surety thereon, in the amount of$3,159,304.15 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 All resolutions or order or parts thereof in conflict herewith are hereby repealed to the extend of such conflict.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 12"'day of November,2019. Diane R. Voss, City Clerk John A. Haila,Mayor Introduced by: Nelson Seconded by: Corrieri Voting aye: Beatty-Hansen,Betcher, Corrieri, Gartin,Martin,Nelson Voting nay: None Absent: None Resolution declared adopted and signed by the Mayor this 12t"day of November,2019.