Minutes-8 /10/1983

NOTICE OF PUBLIC HEARING AND LETTING NOTICE OF PUBLIC HEARING ON PROPOSED PLANS AND SPECIFICATIONS, PROPOSED FORM OF CONTRACT AND ESTIMATE OF COST FOR THE CONSTRUCTION OF WATER STORAGE IMPROVEMENTS FOR THE CITY OF TIFFIN, IOWA, AND TAKING OF BIDS FOR SUCH CONSTRUCTION. Notice is hereby given that the Council of the City of Tiffin in Johnson County, Iowa, will meet in the basement of the Methodist Church in said City, on the 10th day of August, 1983, at 7:30 P.M., at which time and place a hearing will be held on the proposed plans, specifications, form of contract and estimate of cost for the construction of water storage improvements in and for said City. At the said time and place, the Council will also receive and consider bids for said construction. Alternate 1: Demolition, transport, and reconstruction of an existing 100,000 gallon elevated storage tank. Alternate 2: Construction of new 100,000 gallon elevated storage tank. Bids will be received in the basement of the Methodist Church on the 10th day of August, 1983, at 7:30 P.M. Bids received will be acted upon by the Council at 7:30 P.M. on the date and at the place above specified or at such later time and place as may then be fixed. All work and materials are to be in strict compliance with plans and specifications prepared by Shive-Hattery Engineers of Iowa City, Iowa, which together with the proposed form of contract and estimate of cost have heretofore been approved by the Council and are now on file for public examination in the office of the Clerk, and are by this reference made a part hereof as though fully set out and incorporated herein. All bids must be filed with the Clerk on or before the time herein set. All bids shall be made on forms furnished by the City, and must be enclosed in a separate sealed envelope and plainly identified. Each bid shall be accompanied by a bid bond, certified check, or cashier's check in a separate sealed envelope in an amount equal to ten percent (10%) of the total amount of the bid. If bid bond is submitted, it must be on the form provided with the Contract Documents. The certified check or cashiers check shall be drawn on a bank in Iowa or a bank chartered under the laws of the United States of America and payable to the Treasurer of the City as security that if awarded a contract, the Bidder will enter into a contract at the prices bid and furnish the required performance and payment bonds and certificate of insurance. The certified check or cashier's check may be cashed, or the bid bond forfeited, and the proceeds retained as liquidated damages if the Bidder fails to execute a contract or file acceptable performance and payment bonds or provide an acceptable certificate of insurance within ten (10) days after the acceptance of his proposal by resolution of the Council. No bidder may withdraw a proposal within ninety (90) days after the date set for opening bids.