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HomeMy WebLinkAbout2022-10-17 I01E_06 Kettlestone Area Traffic Signals_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 [Kettlestone Area Traffic Signals Project] FORMAT:Consent Agenda SYNOPSIS INCLUDING PRO & CON: FISCAL IMPACT INCLUDING COST/BENEFIT ANALYSIS: $682,054.74 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 $682,054.74. ATTACHMENTS: I. Proposed Resolution II. Contract, Bond PREPARED BY: Becky Schuett REVIEWED BY: I1E6 RESOLUTION 2022- RESOLUTION APPROVING CONSTRUCTION CONTRACT AND BOND FOR THE KETTLESTONE AREA TRAFFIC SIGNALS 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 Kettlestone Area Traffic Signals, 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:$682,054.74 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