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92-065 RES . . . RESOLUTION 92- 65 A RESOLUTION FOR THE CITY OF ELK RIVER A RESOLUTION ACCEPTING BID AND AUTHORIZING EXECUTION OF CONTRACT IN THE MATTER OF THE STREET SEAL COATING IMPROVEMENT OF 1992 WHEREAS, pursuant to City Council direction, competitive bids were solicited and received for the 1992 Street Seal Coating 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 ASTECH Corporation 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 ASTECH Corporation as is approved by the City Attorney for the completion of the 1992 Street Seal Coating improvement according to the approved plans and specifications. 2. 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. ATTEST: Passed and adopted this 20th day of July, 1992. !l I .--r----;/-; ". <c~~~;! '~dLt;; James A. Tralle, Mayor