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HomeMy WebLinkAbout~Master - Resolution approving contract and bond for 2025/26 Asphalt Street Pavement Improvement with Manatt's Inc., of Ames, IARESOLUTION NO. 26-569 RESOLUTION APPROVING CONTRACT AND BOND FOR 2025/26 ASPHALT STREET PAVEMENT IMPROVEMENT 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 Asphalt Street Pavement Improvement; and, pursuant to notice and hearing, bids were received on the 19th day of August, 2026, as called for in the detailed plans and specifications as prepared by Public Works Department and filed with the City Clerk on the 28th day of July, 2026; and, WHEREAS, the City Council has heretofore determined that the bid of Manatt's Inc., of Ames, IA, in the amount of $4,513,414.65 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 Manatt's Inc., of Ames, IA, in the amount of $4,513,414.65 dated the 26th day of August, 2026, for the 2025/26 Asphalt Street Pavement Improvement 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, of West Des Moines, IA, and Everest Reinsurance Company, of Warren, NJ, as surety thereon, in the amount of $4,513,414.65 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 All resolutions or orders or parts thereof in conflict herewith are hereby repealed to the extent of such conflict.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 8th day of September, 2026. _______________________________ _________________________________ Renee Hall, City Clerk John A. Haila, Mayor Introduced by: Betcher Seconded by: Rollins Voting aye: Beatty-Hansen, Betcher, Gartin, Rollins Voting nay: None Absent: Corrieri, Junck Resolution declared adopted and signed by the Mayor this 8 th day of September, 2026.