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HomeMy WebLinkAbout2022-10-17 I01E_05 NW Douglas Pkwy Traffic Signals, NW 10th St and N Warrior Ln_Approve Contract, BondAGENDA ITEM: CITY OF WAUKEE, IOWA CITY COUNCIL MEETING COMMUNICATION MEETING DATE: October 17, 2022 AGENDA ITEM:Consideration of approval of a resolution approving contract and bond [NW Douglas Parkway Traffic Signals Project, NW 10th Street and N Warrior Lane] FORMAT:Consent Agenda SYNOPSIS INCLUDING PRO & CON: FISCAL IMPACT INCLUDING COST/BENEFIT ANALYSIS: $692,856.59 COMMISSION/BOARD/COMMITTEE COMMENT: STAFF REVIEW AND COMMENT: RECOMMENDATION: Approve the resolution approving contract and bond with Iowa Signal, Inc., of Grimes, Iowa, in the amount of $692,856.59. ATTACHMENTS: I. Proposed Resolution II. Contract, Bond PREPARED BY: Becky Schuett REVIEWED BY: I1E5 RESOLUTION 2022- RESOLUTION APPROVING CONSTRUCTION CONTRACT AND BOND FOR THE NW DOUGLAS PKWY TRAFFIC SIGNALS AT NW 10TH STREET AND N WARRIOR LANE BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WAUKEE, STATE OF IOWA: That the construction contract and bond executed and insurance coverage for the construction of certain public improvements described in general as the NW Douglas Pkwy Traffic Signals at NW 10th Street and N Warrior Lane, and as described in detail in the plans and specifications heretofore approved, and which have been signed by the Mayor and Clerk on behalf of the City be and the same are hereby approved as follows: Contractor:Iowa Signal, Inc.,of Grimes, IA Amount of bid:$692,856.59 Bond surety:Old Republic Surety Company Date of bond:October 10, 2022 Portion of project:All construction work PASSED AND APPROVED this 17th day of October, 2022. Mayor ATTEST: City Clerk