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HomeMy WebLinkAbout2025-01-20 I01E_04 University Ave Area Improvements Phase 1_Approve Contract, BondAGENDA ITEM: CITY OF WAUKEE, IOWA CITY COUNCIL MEETING COMMUNICATION MEETING DATE: January 20, 2025 AGENDA ITEM:Consideration of approval of a resolution approving contract and bond [University Avenue Area Improvements Phase 1 Project] FORMAT:Resolution SYNOPSIS INCLUDING PRO & CON: FISCAL IMPACT INCLUDING COST/BENEFIT ANALYSIS:$10,068,807.00 COMMISSION/BOARD/COMMITTEE COMMENT: STAFF REVIEW AND COMMENT: RECOMMENDATION: City staff recommends approving contract and bond with Elder Corporation of Des Moines, IA, in the amount of $10,068,807.00. ATTACHMENTS: I. Proposed resolution II. Contract, Bond, Certificate of Insurance PREPARED BY: Becky Schuett REVIEWED BY: I1E4 RESOLUTION 2025- RESOLUTION APPROVING CONSTRUCTION CONTRACT AND BOND FOR THE UNIVERSITY AVENUE AREA IMPROVEMENTS - PHASE 1 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 University Avenue Area Improvements - Phase 1, 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:Elder Corporation of Des Moines, IA Amount of bid:$10,068,807.00 Bond surety:Merchants Bonding Company (Mutual) Date of bond:January 20, 2025 Portion of project:All construction work PASSED AND APPROVED this 20th day of January, 2025. Mayor ATTEST: City Clerk SHOULD ANY OF THE ABOVE DESCRIBED POLICIES BE CANCELLED BEFORE THE EXPIRATION DATE THEREOF, NOTICE WILL BE DELIVERED IN ACCORDANCE WITH THE POLICY PROVISIONS. INSURER(S) AFFORDING COVERAGE INSURER F : INSURER E : INSURER D : INSURER C : INSURER B : INSURER A : NAIC # NAME:CONTACT (A/C, No):FAX E-MAILADDRESS: PRODUCER (A/C, No, Ext):PHONE INSURED REVISION NUMBER:CERTIFICATE NUMBER:COVERAGES IMPORTANT: If the certificate holder is an ADDITIONAL INSURED, the policy(ies) must have ADDITIONAL INSURED provisions or be endorsed. If SUBROGATION IS WAIVED, subject to the terms and conditions of the policy, certain policies may require an endorsement. A statement on this certificate does not confer rights to the certificate holder in lieu of such endorsement(s). THIS CERTIFICATE IS ISSUED AS A MATTER OF INFORMATION ONLY AND CONFERS NO RIGHTS UPON THE CERTIFICATE HOLDER. THIS CERTIFICATE DOES NOT AFFIRMATIVELY OR NEGATIVELY AMEND, EXTEND OR ALTER THE COVERAGE AFFORDED BY THE POLICIES BELOW. THIS CERTIFICATE OF INSURANCE DOES NOT CONSTITUTE A CONTRACT BETWEEN THE ISSUING INSURER(S), AUTHORIZED REPRESENTATIVE OR PRODUCER, AND THE CERTIFICATE HOLDER. OTHER: (Per accident) (Ea accident) $ $ N / A SUBR WVD ADDL INSD THIS IS TO CERTIFY THAT THE POLICIES OF INSURANCE LISTED BELOW HAVE BEEN ISSUED TO THE INSURED NAMED ABOVE FOR THE POLICY PERIOD INDICATED. NOTWITHSTANDING ANY REQUIREMENT, TERM OR CONDITION OF ANY CONTRACT OR OTHER DOCUMENT WITH RESPECT TO WHICH THIS CERTIFICATE MAY BE ISSUED OR MAY PERTAIN, THE INSURANCE AFFORDED BY THE POLICIES DESCRIBED HEREIN IS SUBJECT TO ALL THE TERMS, EXCLUSIONS AND CONDITIONS OF SUCH POLICIES. LIMITS SHOWN MAY HAVE BEEN REDUCED BY PAID CLAIMS. $ $ $ $PROPERTY DAMAGE BODILY INJURY (Per accident) BODILY INJURY (Per person) COMBINED SINGLE LIMIT AUTOS ONLY AUTOSAUTOS ONLY NON-OWNED SCHEDULEDOWNED ANY AUTO AUTOMOBILE LIABILITY Y / N WORKERS COMPENSATION AND EMPLOYERS' LIABILITY OFFICER/MEMBER EXCLUDED? (Mandatory in NH) DESCRIPTION OF OPERATIONS below If yes, describe under ANY PROPRIETOR/PARTNER/EXECUTIVE $ $ $ E.L. DISEASE - POLICY LIMIT E.L. DISEASE - EA EMPLOYEE E.L. EACH ACCIDENT EROTH-STATUTEPER LIMITS(MM/DD/YYYY)POLICY EXP(MM/DD/YYYY)POLICY EFFPOLICY NUMBERTYPE OF INSURANCELTRINSR DESCRIPTION OF OPERATIONS / LOCATIONS / VEHICLES (ACORD 101, Additional Remarks Schedule, may be attached if more space is required) EXCESS LIAB UMBRELLA LIAB $EACH OCCURRENCE $AGGREGATE $ OCCUR CLAIMS-MADE DED RETENTION $ $PRODUCTS - COMP/OP AGG $GENERAL AGGREGATE $PERSONAL & ADV INJURY $MED EXP (Any one person) $EACH OCCURRENCE DAMAGE TO RENTED $PREMISES (Ea occurrence) COMMERCIAL GENERAL LIABILITY CLAIMS-MADE OCCUR GEN'L AGGREGATE LIMIT APPLIES PER: POLICY PRO-JECT LOC CERTIFICATE OF LIABILITY INSURANCE DATE (MM/DD/YYYY) CANCELLATION AUTHORIZED REPRESENTATIVE ACORD 25 (2016/03) © 1988-2015 ACORD CORPORATION. All rights reserved. CERTIFICATE HOLDER The ACORD name and logo are registered marks of ACORD HIRED AUTOS ONLY 1/13/2025 Holmes Murphy &Associates 2727 Grand Prairie Parkway Waukee IA 50263 Sam DeBartolo 515-974-4615 SDeBartolo@holmesmurphy.com Zurich American Insurance Company 16535 ELDCORPC Union Insurance Company 25844ElderCorporation,Elder Properties,LLC 5088 E.University Avenue Pleasant Hill,IA 50327 Travelers Property Casualty Co.America 25674 1460007705 A X 1,000,000 X 300,000 X Contractual Limt 10,000 1,000,000 2,000,000 X X GLO3757123 11/1/2024 11/1/2025 2,000,000 A 1,000,000 X X X BAP3757124 11/1/2024 11/1/2025 B X 5,000,000 X CUA3317285 11/1/2024 11/1/2025 5,000,000 X 10,000 A X N WC3757122 11/1/2024 11/1/2025 1,000,000 1,000,000 1,000,000 C Excess Liability EX7Y98383824NF 11/1/2024 11/1/2025 Limit 5,000,000 Re:25-Q232 University Ave Improvements Phase 1 Waukee City of Waukee and Shive-Hattery,Inc are included as additional insureds on the General Liability,Auto Liability,And Excess Liability policies when required by written contract or agreement per policy terms and conditions. Waiver of Subrogation applies to City of Waukee and Shive-Hattery,Inc on the General Liability,Auto Liability,Excess Liability,and Workers'Compensation when required by written contract or agreement per policy terms and conditions. Umbrella/Excess policy noted above sits excess of the following General Liability and Auto Liability. 30 Day Notice of Cancellation Applies. City of Waukee 805 University Avenue Waukee IA 50263