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HomeMy WebLinkAbout~Master - Resolution approving contract & bond for construction of 2025/26 seal coat street pavement improvements program & water system improvementsRESOLUTION NO. 26-159 RESOLUTION APPROVING CONTRACT AND BOND FOR CONSTRUCTION OF 2025/26 SEAL COAT STREET PAVEMENT IMPROVEMENTS PROGRAM AND WATER SYSTEM IMPROVEMENTS PROGRAM (FERNDALE AVENUE AND FURMAN DRIVE) 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 Seal Coat Street Pavement Improvements Program and Water System Improvements Program (Ferndale Avenue and Furman Drive); and, pursuant to notice and hearing, bids were received on the 4th day of April, 2026, as called for in the detailed plans and specifications as prepared by the Public Works Department and filed with the City Clerk on the 10th day of February, 2026; and, WHEREAS, the City Council has heretofore determined that the bid of Iowa Water & Waste Systems of Boone, IA, in the amount of $1,977,694.58 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 Water & Waste Systems of Boone, IA, in the amount of $1,977,694.58 dated the 10th day of March, 2026, for the 2025/26 Seal Coat Street Pavement Improvements Program and Water System Improvements Program (Ferndale Avenue and Furman Drive) as provided for in the detailed plans and specifications referred to in the preamble hereof, and the performance bond of the said contractor with Merchants Bonding Company (Mutual), of West Des Moines, IA, as surety thereon, in the amount of $1,977,694.58 filed in connection therewith, be and the same are hereby approved. Section Two. All resolutions or orders or parts thereof in conflict herewith are hereby repealed to the extent of such conflict. ADOPTED THIS 24th day of March, 2026. _______________________________ _________________________________ Renee Hall, City Clerk John A. Haila, Mayor Introduced by: Corrieri Seconded by: Betcher Voting aye: Beatty-Hansen, Betcher, Corrieri, Junck, Gartin, Rollins Voting nay: None Absent: None Resolution declared adopted and signed by the Mayor this 24th day of March, 2026.