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98-062 RESRESOLUTION 98 - 62 A RESOLUTION FOR THE CITY OF ELK RIVER A RESOLUTION ACCEPTING BID AND AUTHORIZING EXECUTION OF CONTRACT IN THE MATTER OF THE 1998 OVERLAY IMPROVEMENT WHEREAS WHEREAS pursuant to City Council direction, competitive bids were solicited and received for the 1998 Overlay improvement as set forth in the bid tabulation attached hereto and incorporated herein by this reference; and the City Council has considered the amount of the bids and the responsibility of the bidders and determined that Bauerly Brothers, 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 Bauerly Brothers, Inc. as is approved by the City Attorney for the completion of the 1998 Overlay improvement according to the approved plans and specifications. 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 8 day of June, 1998. //H~nr~A. Duitsman, Mayor \\SPNWFS\VOL1\DATA\PROJ\803350j\350-2907.may. Resolution4.doc