THE GUTTENBERG PRESS WEDNESDAY, NOVEMBER 11, 2020 PAGE 13 PUBLIC NOTICES NOTICE TO BIDDERS GUTTENBERG RETAINING WALL PROJECT fully set out and incorporated herein. GUTTENBERG RETAINING WALL Construct Guttenberg Retaining Wall including all labor, equipment and ma- All proposals and bids in connection therewith shall be submitted to the City GUTTENBERG, IOWA terials necessary for approximately 1920.50 SF of steel sheet pile with approxi- Clerk of said City on or before the time herein set for said hearing. All proposals Sealed proposals will be received by the City of Guttenberg, Iowa, in the of- mately 83.5 LF of steel channel cap; painting of exposed steel sheet pile and shall be made on official bidding blanks furnished by the City, and any altera- fice of the City Manager, 502 S. First Street, Guttenberg, Iowa 52052, until 2:00 cap; demolition of existing boulder bag wall; and miscellaneous site work. tions in the official form of proposal will entitle the Council, at its option, to reject p.m. on the 19th day of November, 2020 for the construction of the Guttenberg Copies of said plans and specifications are now on file in the office of the the proposal involved from consideration. Each proposal shall be sealed and Retaining Wall as described in the plans and specifications therefore, now on file City Clerk, for examination by bidders. Electronic copies may be obtained from plainly identified. in the office of the City Clerk of Guttenberg, Iowa. Proposals will be opened and the Coralville office of VEENSTRA & KIMM, INC. after an Electronic Media Each proposal shall be made out on a blank form furnished by the municipal- the amount of the bids announced by the City Clerk at the time, date and place Agreement is submitted. Please email Michelle Chinchilla at mchinchilla@v-k. ity and must be accompanied by bid security, as follows: a certified or cashier's specified above. Proposals received will be considered by the City Council at net to request the agreement form. check, drawn on a solvent Iowa bank or a bank chartered under the laws of their meeting on the 23rd day of November, 2020 at 5:00 p.m. at the City Hall, All work and materials are to be in accordance with the proposed plans, the United States or a certified share draft drawn on a credit union in Iowa or Guttenberg, Iowa. specifications, form of contract and estimate of cost now on file in the office of chartered under the laws of the United States, in an amount equal to five percent The nature and extent of the improvements are as follows: the City Clerk of said City, and by this reference made a part thereof as though (5%) of the bid, or a bid bond executed by a corporation authorized to contract as a surety in the State of Iowa in a penal sum of five percent (5%) of the bid. The bid security should be made payable to the CITY OF GUTTENBERG, STATE OF IOWA IOWA. The bid security must not contain any conditions either in the body or as 2020 16202200700000 an endorsement thereon. The bid security shall be forfeited to the City as liqui- CITY OF GUTTENBERG dated damages in the event the successful bidder fails or refuses to enter into FINANCIAL REPORT a contract within 10 days after the award of contract and post bond satisfactory 502 S 1st St FISCAL YEAR ENDED to the City insuring the faithful fulfillment of the contract and the maintenance GUTTENBERG IA 52052-9333 of said work, if required, pursuant to the provisions of this notice and the other JUNE 30, 2020 CITY OF GUTTENBERG, IOWA POPULATION: 1919 contract documents. Bidders will use the bid bond form included in the specifica- DUE: December 1, 2020 tions. No bidder may withdraw a proposal within thirty (30) days after the date set NOTE - The information supplied in this report will be shared by the Iowa State Auditor's Office, the U.S. Census Bureau, various public interest groups, and State and federal agencies. for opening bids. ALL FUNDS The successful bidder will be required to furnish a bond in an amount equal to one hundred percent (100%) of the contract price, said bond to be issued by Governmental (a) Proprietary (b) Total Actual (c) Budget (d) a responsible surety approved by the City Council and shall guarantee the faith- Revenues and Other Financing Sources ful performance of the contract and the terms and conditions therein contained Taxes Levied on Property 1229356 1,229,356 1,295,967 and shall guarantee the prompt payment for all materials and labor and protect Less: Uncollected Property Taxes-Levy Year 0 0 0 and save harmless the City from claims and damages of any kind caused by Net Current Property Taxes 1,229,356 1,229,356 1,295,967 the operations of the Contractor, and shall guarantee the work against faulty Delinquent Property Taxes 0 0 0 workmanship and materials for a period of four (4) years after its completion and TIF Revenues 174,788 174,788 187,394 acceptance by the City Council. Other City Taxes 263,983 0 263,983 232,292 All Contractor(s) and subcontractor(s) are required to obtain tax exemption certificates from the City of Guttenberg, Iowa for this project. These tax exemp- Licenses and Permits 9,588 0 9,588 8,945 tion certificates are only for use on this specific project as covered under the Use of Money and Property 129,852 75,935 205,787 157,925 Contract. Intergovernmental 443,701 0 443,701 1,126,002 Work under the contract shall commence within ten (10) days after date set Charges for Fees and Service 291,440 21,742,161 22,033,601 22,118,350 forth in written Notice to Proceed. Liquidated damages in the amount of Five Special Assessments 0 0 0 0 Hundred Dollars ($500.00) per calendar day will be assessed for each calendar Miscellaneous 199,801 62,074 261,875 187,880 day that work on the total project shall remain uncompleted after the end of the Other Financing Sources, Including Transfers in 1,988,919 156,147 2,145,066 2,637,438 contract period, with due allowance for extensions of the contract period due to Total Revenues and Other Sources 4,731,428 22,036,317 26,767,745 27,952,193 conditions beyond the control of the Contractor. All work shall be substantially completed, subject to any extensions of time, by March 1, 2021. Final comple- Expenditures and Other Financing Uses tion date is April 1, 2021. Public Safety 593,042 593,042 616,740 Payment to the Contractor for said improvements will be made in cash de- Public Works 588,608 588,608 657,568 rived from the proceeds of the issuance and sale of such bonds and/or from Health and Social Services 4,333 4,333 8,319 such cash funds of the City as may be legally used for said purposes. Any com- Culture and Recreation 509,612 509,612 545,138 bination of the above methods of payment may be used at the discretion of the Community and Economic Development 22,490 22,490 285,500 City Council. General Government 311,566 311,566 314,900 Payment to the Contractor will be on the basis of monthly estimates equiva- Debt Service 2,123,606 2,123,606 2,136,631 lent to ninety-five percent (95%) of the contract value of the work completed and Capital Projects 748,705 748,705 1,250,180 payments made to material suppliers for materials ordered specifically for the project or delivered to the site during the preceding calendar month. Estimates Total Governmental Activities Expenditures 4,901,962 0 4,901,962 5,814,976 will be prepared on the last day of each month by the Contractor, subject to the Business type activities 21,613,108 21,613,108 21,576,345 approval of the Engineer, who will certify to the City for payment each approved Total All Expenditures 4,901,962 21,613,108 26,515,070 27,391,321 estimate on or before the tenth (10th) day of the following month. Such monthly Other Financing Uses, Including Transfers Out 355,767 341,147 696,914 694,113 payments shall in no way be construed as an act of acceptance for any part of Total All Expenditures/and Other Financing Uses 5,257,729 21,954,255 27,211,984 28,085,434 the work partially or totally completed. Upon completion of the work and its ac- Excess Revenues and Other Sources Over (Under) Expenditures/and Other Financing Uses -526,301 82,062 -444,239 -133,241 ceptance by the Council, the Contractor will be paid an amount which, together Beginning Fund Balance July 1, 2019 4,365,236 18,338,624 22,703,860 18,046,705 with previous payments, will equal ninety five percent (95%) of the contract price Ending Fund Balance June 30, 2020 3,838,935 18,420,686 22,259,621 17,913,464 of the contract. Final payment of the remaining five percent (5%) will be made not less than thirty one (31) days after completion and acceptance by resolution - These balances do not include the following, which were not budgeted and are not available for city operations: NOTE of the City Council of the completed contract, subject to the conditions and in ac- Non-budgeted Internal Service Funds Pension Trust Funds cordance with the provisions of Chapter 573 of the Code of Iowa, as amended.