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04/25/2017 Resolutions 2017-124RESOLUTION 2017-124 WHEREAS, City Council approved Resolution No. 2017-16 at their January 24, 2017 meeting, awarding the contract for Concrete Pavement and Storm Sewer Repairs for 2017 to OK Paving, Inc. of Hordville, Nebraska in the amount of $878,400.00; and WHEREAS, OK Paving, Inc. failed to submit the required payment and performance bond to execute the contract, Resolution No. 2017-91 was approved by City Council on March 28, 2017 to rescind this bid award; and WHEREAS, the City of Grand Island invited sealed bids for the rebid Concrete Pavement and Storm Sewer Repairs 2017-1, according to plans and specifications on file with the Streets Division of the Public Works Department; and WHEREAS, on April 13, 2017, bids were received, opened and reviewed; and WHEREAS, The Diamond Engineering Company of Grand Island, Nebraska submitted a bid in accordance with the terms of the advertisement of bids and plans and specifications and all other statutory requirements contained therein, such bid being in the amount of $694,995.00. NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND COUNCIL OF THE CITY OF GRAND ISLAND, NEBRASKA, that the bid of The Diamond Engineering Company of Grand Island, Nebraska, in the amount of $694,995.00 for Concrete Pavement and Storm Sewer Repairs 2017-1 is hereby approved as the lowest responsible bid. BE IT FURTHER RESOLVED, that the Mayor is hereby authorized and directed to execute such agreement on behalf of the City of Grand Island. Adopted by the City Council of the City of Grand Island, Nebraska, April 25, 2017. Attest: ������� RaNae Edwards, City Clerk `I _� .'�. L... ��i ' ' " � �, ' � Approved as to Form tt April 24, 2017 tt i ttorney