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HomeMy WebLinkAbout~Master - Contract and Bond for 2025/26 Traffic Signal Program RESOLUTION NO. 23-350 RESOLUTION APPROVING CONTRACT AND BOND FOR CONSTRUCTION OF 2025/26 TRAFFIC SIGNAL PROGRAM PROJECT 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 2025/26 Traffic Signal Program; and, pursuant to notice and hearing, bids were received on the 171h day of May, 2023, as called for in the detailed plans and specifications as prepared by the Public Works Department and filed with the City Clerk on the 241h day of April, 2023; and, WHEREAS, the City Council has heretofore determined that the bid of Van Maanen Electric, Inc. of Newton, Iowa, in the amount of$108,692.00 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$108,692.00 dated the 23rd day of May, 2023, for the 2025/26 Traffic Signal Program as provided for in the detailed plans and specifications referred to in the preamble hereof, and the performance bond of the said contractor with Cincinnati Insurance Company, of Fairfield, Ohio, as surety thereon, in the amount of $180,692.00 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 All resolutions or order or parts thereof in conflict herewith are hereby repealed to the extent of such conflict. ADOPTED THIS 131h day of June, 2023. Renee kall, City Clerk John A. Haila, Mayor Introduced by: Corrieri Seconded by: Rollins Voting aye: Beatty-Hansen, Betcher, Corrieri, Gartin, Rollins Voting nay: None Absent: Junck Resolution declared adopted and signed by the Mayor this 13th day of June, 2023.