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HomeMy WebLinkAbout2017-06-05-I06C GPP-Esker Ridge Traffic Signal_Approve Contract, Bond AGENDA ITEM: CITY OF WAUKEE, IOWA CITY COUNCIL MEETING COMMUNICATION MEETING DATE: June 5, 2017 AGENDA ITEM: Consideration of approval of a resolution approving contract, bond [Grand Prairie Parkway and SE Esker Ridge Drive Traffic Signal Improvement Project] FORMAT: Resolution SYNOPSIS INCLUDING PRO & CON: FISCAL IMPACT INCLUDING COST/BENEFIT ANALYSIS: $349,462.52 COMMISSION/BOARD/COMMITTEE COMMENT: STAFF REVIEW AND COMMENT: RECOMMENDATION: Approve the resolution approving contract and bond with Iowa Signal, Inc., of Grimes, IA, in the amount of $349,462.52. ATTACHMENTS: I. Proposed resolution II. Contract, Bond PREPARED BY: Becky Schuett REVIEWED BY: RESOLUTION 17- RESOLUTION APPROVING CONSTRUCTION CONTRACT AND BOND FOR THE GRAND PRAIRIE PARKWAY & SE ESKER RIDGE DRIVE TRAFFIC SIGNAL IMPROVEMENTS 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 Grand Prairie Parkway & SE Esker Ridge Drive Traffic Signal Improvements, 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: $349,462.52 Bond surety: Old Republic Surety Company Date of bond: June 1, 2017 Portion of project: All construction work PASSED AND APPROVED this 5th day of June, 2017. Mayor ATTEST: City Clerk