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HomeMy WebLinkAbout2020-12-07-I04C NW 2nd St, NW Venture Dr to NW Douglas Pkwy_Approve Contract, BondAGENDA ITEM: CITY OF WAUKEE, IOWA CITY COUNCIL MEETING COMMUNICATION MEETING DATE: December 7, 2020 AGENDA ITEM:Consideration of approval of a resolution approving contract, bond [NW 2nd Street Project, NW Venture Drive to NW Douglas Parkway FORMAT:Consent Agenda SYNOPSIS INCLUDING PRO & CON: FISCAL IMPACT INCLUDING COST/BENEFIT ANALYSIS:$4,940,000.00 COMMISSION/BOARD/COMMITTEE COMMENT: STAFF REVIEW AND COMMENT: RECOMMENDATION: Approve the resolution approving contract and bond with Elder Corporation in the amount of $4,940,000.00. ATTACHMENTS: I. Proposed Resolution II. Contract, Bond PREPARED BY: Becky Schuett REVIEWED BY: I4C RESOLUTION 2020- RESOLUTION APPROVING CONSTRUCTION CONTRACT AND BOND FOR THE NW 2ND STREET CONSTRUCTION NW VENTURE DRIVE TO NW DOUGLAS PARKWAY 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 2nd Street Construction NW Venture Drive to NW Douglas Parkway, 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: $4,940,000.00 Bond surety: Merchants Bonding Company (Mutual) Date of bond: December 7, 2020 Portion of project: All construction work PASSED AND APPROVED this 7th day of December, 2020. Mayor ATTEST: City Clerk