HomeMy WebLinkAbout~Master - Resolution approving contract and bond for the 2025/26 Traffic Signal Program with Iowa Signal Inc. of Grimes, IA, in the amount of $75,423.95RESOLUTION NO. 25-564
RESOLUTION APPROVING CONTRACT AND BOND FOR CONSTRUCTION OF
2025/26 TRAFFIC SIGNAL PROGRAM
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 22nd day of October, 2025, as called for in
the detailed plans and specifications as prepared by the Public Works Department and
filed with the City Clerk on the 19th day of September, 2025; and,
WHEREAS, the City Council has heretofore determined that the bid of Iowa Signal
Inc. of Grimes, IA, in the amount of $75,423.95 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 One. The Contract between the City of Ames, Iowa, and Iowa Signal Inc.
of Grimes, IA, in the amount of $75,423.95 dated the 28th day of October, 2025,
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 Old Republic Surety Company, of West Des Moines, IA, as
surety thereon, in the amount of $75,423.95 filed in connection therewith, be and
the same are hereby approved.
Section Two. All resolutions or order or parts thereof in conflict herewith are hereby
repealed to the extent of such conflict.
ADOPTED THIS 18th day of November, 2025.
_______________________________ _________________________________
Renee Hall, City Clerk John A. Haila, Mayor
Introduced by: Beatty-Hansen
Seconded by: Betcher
Voting aye: Beatty-Hansen, Betcher, Gartin, Junck, Rollins
Voting nay: None Absent: Corrieri
Resolution declared adopted and signed by the Mayor this 18th day of November, 2025.