HomeMy Public PortalAboutResolution #2012-07, A Resolution Approving The Bond Of Hawkeye Paving Corporation Duly Filed And The Contract Executed By Hawkeye Paving Corporation For The Riverdale Road Construction Public Improvement Project At The Contract Price Of $1,884,257.00RESOLUTION N0.2012-07
A RESOLUTION APPROVING THE BOND OF HAWKEYE PAVING CORPORATION
DULY FILED AND THE CONTRACT EXECUTED BY HAWKEYE PAVING
CORPORATION FOR THE RIVERDALE ROAD CONSTRUCTION PUBLIC
IMPROVEMENT PROJECT AT THE CONTRACT PRICE OF $1,884,257.00
WHEREAS, the City Council of the City of Riverdale, Iowa ("Riverdale"), upon prior published
notice, held a public hearing on December 6, 2011, to present to the public the plans and
specifications, including form of contract, bid documents and estimated total cost for a public
improvement project referred to as the 2012 Road Reconstruction Project; and
WHEREAS, Riverdale approved the plans and specifications, including form of contract, bid
documents and estimated cost of the project, and advertised for sealed bids by publishing notice
to bidders; and
WHEREAS, Hawkeye Paving Corporation of Bettendorf, Iowa ("Hawkeye Paving"), submitted
the lowest responsive, responsible bid for the project, and Riverdale accepted the bid and
awarded the contract to Hawkeye Paving, subject to fulfillment of bidding and contract
requirements, and approval of the bonds of Hawkeye Paving and the contract in final form
executed by Hawkeye Paving;
WHEREAS, Hawkeye Paving has executed the contract in final form as approved by Riverdale
and filed bonds with the City Clerk.
NOW THEREFORE BE IT RESOLVED, by the City Council of the City Riverdale, Iowa, that
said contract executed by Hawkeye Paving for work on the above-described public
improvements at a cost of $1,884,257.00 is accepted and approved.
BE IT FURTHER RESOLVED, that the performance and payment bonds of Hawkeye Paving,
each dated February 10, 2012, issued by United Fire & Casualty Company, and in an amount of
$1,884,257.00, have been accepted and filed with the City Clerk.
PASSED, APPROVED AND ADOPTED THI5 21st DAY OF FEBRUARY, 2012.
Ayes: Nays: Absent:
Hupp, Littrel, Channon, Halsey
Attest:
Paddock
Ch 1 annon, Mayor Pro Tem
_ `~ ~ doh
Paula McIntosh, City Clerk