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95-057 RES e e e RESOLUTION 95 -5L A RESOLUTION FOR THE CITY OF ELK RIVER A RESOLUTION ACCEPTING BID AND AUTHORIZING EXECUTION OF CONTRACT IN THE MATTER OF THE OVERLA Y IMPROVEMENT OF 1995 WHEREAS pursuant to Resolution 95-40, competitive bids were solicited and received for tlle 1995 Overlay improvement as set forth in the bid tabulation attached hereto and incorporated herein by this reference; and wm~REAS the City Council has considered the amount of the bids and the responsibility of the bidders and determined that Master Asphalt, 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 Master Asphalt, Inc., as is approved by the City Attorney for the completion of the 1995 Overlay improvement according to the approved plans and specifications designated in Resolution 95-40. 2. The City Administrator is authorized and directed to fonhwith return to aU bidders the deposits made with their bids upon execution of the contract above specified. Passed and adopted this 28th day of August, 1995. {{!t~ A. Duitsman, Mayor ATTEST: d Sandra A. Thackeray, City Clerk