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HomeMy WebLinkAbout2017-07-10-J01U Asphalt Overlay 2017_Approve Contract, Bond AGENDA ITEM: CITY OF WAUKEE, IOWA CITY COUNCIL MEETING COMMUNICATION MEETING DATE: July 10, 2017 AGENDA ITEM: Consideration of approval of a resolution approving contract, bond [2017 Asphalt Overlay Project] FORMAT: Resolution SYNOPSIS INCLUDING PRO & CON: FISCAL IMPACT INCLUDING COST/BENEFIT ANALYSIS: $162,652.40 COMMISSION/BOARD/COMMITTEE COMMENT: STAFF REVIEW AND COMMENT: RECOMMENDATION: Approve the resolution approving contract and bond with Paco Construction of Runnells, IA, in the total amount of $162,652.40. ATTACHMENTS: I. Proposed Resolution II. Contract, Bond PREPARED BY: Becky Schuett REVIEWED BY: RESOLUTION 17- RESOLUTION APPROVING CONSTRUCTION CONTRACT AND BOND FOR THE 2017 ASPHALT OVERLAY 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 2017 Asphalt Overlay 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: Paco Construction of Runnells, IA Amount of bid: $162,652.40 Bond surety: Nationwide Mutual Insurance Company Date of bond: June 16, 2017 Portion of project: All construction work PASSED AND APPROVED this 10th day of July, 2017. Mayor ATTEST: City Clerk