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98-049 RESRESOLUTION 98 - 49 A RESOLUTION FOR THE CITY OF ELK RIVER A RESOLUTION ACCEPTING BID AND AUTHORIZING EXECUTION OF CONTRACT IN THE MATTER OF THE BUSINESS CENTER DRIVE STREET AND UTILITY IMPROVEMENT OF 1998 WHEREAS pursuant to Resolution 98-19, competitive bids were solicited and received for the Business Center Drive Street and Utility 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 Richard Knutson, 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 Richard Knutson, Inc. as is approved by the City Attorney for the completion of the Business Center Drive and Utility improvement according to the approved plans and specifications designated in Resolution 98-19. The City Administrator is authorized and directed to fc;rthwith return to all bidders the deposits made with their bids upon execution of the contract above specified. Passed and adopted this 11 day of May 1998. ^TT ~H(~nry/(. Duitsman, Mayor \\SPNWFS\VOL1 ~;)ATA~PROJ~2.30321J~321-1111 ,may. Resolution.doc