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RES 11-42RESOLUTION 11- 42 • A RESOLUTION FOR THE CITY OF ELK RIVER A RESOLUTION ACCEPTING BID AND AUTHORIZING EXECUTION OF CONTRACT IN THE MATTER OF THE 201 I STREET IMPROVEMENT PROJECT WHEREAS pursuant to a City Council Resolution 11-31, passed at the June 6, 2011 meeting, competitive bids were solicited and received for the 2011 Street Improvement project; and WHEREAS the City Council has considered the amount of the bids and the responsibility of the bidders and determined that Redstone Construction Co., Inc. is the lowest responsible bidder; NOW, THEREFORE, BE IT RESOLVED by the Ciry Council of the City of Elk River, Minnesota: The Mayor and City Administrator are authorized and directed to execute, on behalf of the City, such contract with Redstone Construction Co., Inc. as is approved by the City Attorney, for the completion of the Irving Avenue Area Street Rehabilitation according to the approved plans and specifications designed by Ciry Council Resolution. 2. The City Administrator is authorized and directed to forthwith return to all bidders the deposits • made with their bids upon execution of the contract specified above. Passed and adopted this 18~ day of July, 2011. J J. D~ , Ma or ATTEST: Tina Allard, City Clerk C:\Documents and Settings\jmiller\Local Settings\Tempordry Internet Files\ContentIES\2XCDII3AD \Accept%20bid%20authorize%20contract[1].doc