Demolition and site work for a mixed-use development in Oelwein, Iowa. Completed plans call for the demolition of a office development; for site work for a office development; residential development; and residential development.

By submission of his BID, each BIDDER certifies, and in the case of a joint BID each party thereto certifies as to his own organization, that his BID has been arrived at independently, without consultation, communication, or agreement as to any matter related to this BID with any other BIDDER or with any competitor. BIDDER hereby agrees to commence work under this CONTRACT on a date no later than November 1, 2022, and to be specified in the Notice to Proceed and to be substantially complete by April 1, 2023, and fully complete the project by June 1, 2023. BIDDER further agrees that as liquidated damages for delay (but not as a penalty): 1. Substantial Completion: Contractor shall pay Owner $650.00 for each day that expires after the time (as duly adjusted pursuant to the Contract) specified above for Substantial Completion until the Work is substantially complete. 2. Completion of Remaining Work: After Substantial Completion, if Contractor shall neglect, refuse, or fail to complete the remaining Work within the Contract Time (as duly adjusted pursuant to the Contract) for completion and readiness for final payment, Contractor shall pay Owner $200 for each day that expires after such time until work is completed and ready for final payment. 3. Liquidated damages for failing to attain Substantial Completion and final completion are not additive and will not be imposed concurrently. While City of Oelwein permits must be applied for, all fees will be waived. The following properties are currently owned by the City of Oelwein and are part of the scope of work for demolition. Please see Attachment A for specifications and specific scope of work for each of the properties below. 1. Residential - 303 2nd St. NW (1) 2. Residential - 218 3rd Ave. NW 3. Residential - 531 3rd Ave. SE 4. Residential - 407 3rd St. SW 5. Residential - 702 3rd Ave. SW 6. Residential - 202 4th Ave. NW 7. Residential - 217 4th Ave. NW 8. Residential - 123 6th Ave. NE 9. Residential - 22 7th St. SW 10. Residential - 517 N. Frederick Ave. 11. Commercial - 27 S. Frederick Ave. 12. Commercial - 33 S. Frederick Ave. The status of 303 2nd St. NW is contingent on the outcome of current litigation and may be omitted from the Contract as authorized by the City. Contractor must seek approval from the City prior to commencement of demolition work at this property. September 12, 2002: Council award bid