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HomeMy WebLinkAbout~Master - Approving Contract and Bond for Construction of 2019/20 Traffic Signal Program (Lincoln Way/Beach Avenue) RESOLUTION NO. 20-658 RESOLUTION APPROVING CONTRACT AND BOND FOR CONSTRUCTION OF 2019/20 TRAFFIC SIGNAL PROGRAM (LINCOLN WAY/BEACH 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 2019/20 Traffic Signal Program (Lincoln Way/Beach Avenue); and, pursuant to notice and hearing, bids were received on the 2nd day of December,2020,as called for in the detailed plans and specifications as prepared by the Public Works Department and filed with the City Clerk on the 22'day of October, 2020; and, WHEREAS, this Council has heretofore determined that the bid of Van Maanen Electric Inc., of Newton, Iowa, in the amount of$274,254.18 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 Van Maanen Electric Inc., of Newton,Iowa, in the amount of$274,254.18 dated the 8th day of December,2020,for the 2019/20 Traffic Signal Program (Lincoln Way/Beach 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 The Cincinnati Insurance Company,an Ohio corporation,of Fairfield,Ohio,as surety thereon, in the amount of$274,254.18 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 All resolutions or order or parts thereof in conflict herewith are hereby repealed to the extend of such conflict.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 22nd day of December, 2020. r Diane R. Voss, City Clerk John A. Haila, Mayor Introduced by: Corrieri Seconded by: Betcher Voting aye: Beatty-Hansen, Betcher, Corrieri, Gartin, Junck, Martin Voting nay: None Absent: None Resolution declared adopted and signed by the Mayor this 22nd day of December, 2020.