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03-072 RES RESOLUTION 03 - 72 A RESOLUTION FOR THE CITY OF ELK RIVER A RESOLUTION REJECTING ALL BIDS IN THE MATTER OF THE CASCADE INDUSTRIAL PARK IMPROVEMENT OF 2003 WHEREAS pursuant to a City Council Resolution 03-53, competitive bids were solicited and received for the Cascade Industrial Park improvement as set forth in the bid tabulation attached hereto and incorporated herein by this reference; and WHEREAS the plans and specifications were authorized based upon a petition received from the developers of Cascade Industrial Park; and WHEREAS the developers (Cascade I Land Co.) has requested in writing that the project not proceed to construction. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Elk River, Minnesota: 1. The City Council hereby rejects all bids received for the Cascade Industrial Park Improvements. 2. The City Administrator is authorized and directed to forthwith return to all bidders the deposits made with their bids. Passed and adopted this 20th day of October, 2003. ATTEST: Stephanie A. Klinzing, Mayor Joan M. Schmidt, City Clerk S:V~DMIN\Resolutions\2003 Resolutions~Approved\03-72 RES.doc