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92-026 RES . . . RESOLUTION 92 - 26 A RESOLUTION FOR THE CITY OF ELK RIVER A RESOLUTION ACCEPTING BID AND AUTHORIZING EXECUTION OF CONTRACT IN THE MATTER OF THE PHASE 1 WESTERN AREA IMPROVEMENT OF 1992 WHEREAS. pursuant to Resolution 92 - 14, competitive bids were solicited and received for the Phase 1 - Western Area Improvement as set forth in the bid tabulation attached hereto and incorporated herein by this reference; and WHEREAS. the City Council has considered the amount of the bids and the responsibility of the bidders and determined that Arcon Construction Co. 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 Arcon Construction Co., Inc. as is approved by the City .l\ttorney for the camp 1 et i on of the Phase 1 - Western Area improvement according to the approved plans and specifications designated in Resolution 92 - 14. 2. Award of the Orono Heights Improvement portion of the project is contingent on an appropriate escrow account amount being established by the developer with the City. 3. The City Administrator is authorized and directed to forthwith return to all bidders the deposits made with their bids upon execution of the contract above specified. Passed and adopted this 20th day of April, 1992. /' , ~~-' ,///~/:) 1 -) ',' ;1z,plLe>? /1 /{~a"~~ ':::(" James A. Tralle, Mayor ATTEST: ~a S ndra A. Thackeray,