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04-046 RESRESOLUTION 04-46 A RESOLUTION FOR THE CITY OF ELK RIVER A RESOLUTION ACCEPTING BID AND AUTHORIZING EXECUTION OF CONTRACT IN THE MATTER OF THE BITUMINOUS OVERLAY IMPROVEMENT OF 2004 WHEREAS pursuant to a City Council direction, competitive bids were solicited and received for the 2004 Bituminous Overlay Improvement; and WHEREAS the City Council has considered the amount of the bids and the responsibility of the bidders and determined that Universal Enterprises, Inc., is the lowest responsible bidder; NOW, THEREFORE, BE IT RESOLVED by the City 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 Universal Enterprises, Inc., as is approved by the City Attorney, for the completion of the 2004 Bituminous Overlay Improvement according to the approved plans and specifications designed by City Council Resolution. 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 7th day of June 2004. ATTEST: -Steph~nie A. Klinzing, IV~y~r ' / Joanna. Schmidt City Clerk 04-46