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92-062 RES . . . RFBOLUTION 92- 62 A RFBOLUTION FOR THE CITY OF ELK RIVER A RESOLUTION ACCEPTING BID AND AUTHORIZING EXECUTION OF CONTRACT IN THE MATTER OF THE T.R. 169/MAIN STREET INTERSECTION IMPROVEMENT OF 1992 WHEREAS, pursuant to Resolution 92-29, competitive bids were solicited and received for the T.H. 169/Main Street Intersection 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 G.M.H. Asphalt Corp. 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 G.M.H. Asphalt Corp. as is approved by the City Attorney for the completion of the T.H. 169/Main Street intersection improvement accordmg to the approved plans and specifications designated in Resolution 92-29. The Notice of Award shall state that the Notice to Proceed will be conditioned on obtaining right of entry for the easement areas. This may delay the completion of the project. 2. 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 6th day of July, 1992. ATTEST: ~~~f~ A.~ James A. Tralle, Mayor Ma.~ Sandra A. Thackeray, City Clerk