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HomeMy WebLinkAbout2016-09-06-Resolutions 16-385_Traffic Monitoring System Installation - Approve Contract - BondRESOLUTION 16-385 RESOLUTION APPROVING CONSTRUCTION CONTRACT AND BOND FOR THE TRAFFIC MONITORING SYSTEM INSTALLATION IMPROVEMENTS PROJECT 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 Traffic Monitoring System Installation Improvements Project,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:$87,476,75 Bond surety:Old Republic Surety Company Date of bond:Au ust 15,2016 Portion of project:All construction work PASSED AND APPROVED this 6'"day of September,2016. M or ATTEST: City Clerk ROLL CALL VOTE Anna Bergman Brian Harrison Shelly Hughes Larry R.Lyon Rick Peterson AYE X X X X X NAY ABSENT ABSTAIN