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03-048 RESWHEREAS WHEREAS RESOLUTION 03- 4.__8 A RESOLUTION FOR THE CITY OF ELK RIVER A RESOLUTION ACCEPTING BID AND AUTHORIZING EXECUTION OF CONTRACT IN THE MATTER OF THE SEAL COAT IMPROVEMENT OF 2003 pursuant to City Council direction, competitive bids were solicited and received for the 2003 Seal Coat Improvement project; and the City Council has considered the amount of the bids and the responsibility of the bidders and determined that Pearson Bros., Inc., is the lowest responsible bidder; NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Elk River, Minnesota: 1. The Mayor and City Administrator are authorized and directed to execute, on behalf of the City, such contract with Pearson Bros., Inc., as is approved by the City Attorney, for the completion of the 2003 Seal Coat Improvement project according to the approved plans and specifications designed by City 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 18th day of August 2003. ATTEST: Stepha~e A. Klinzing, Ma~ Patrick D. Klaers, City Administrator S:~ADMI N\Resolutions~003 Resolutions\U napproved\sealcoatbid2003.doc