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98-078 RESRESOLUTION 98 - 78 A RESOLUTION FOR THE CITY OF ELK RIVER A RESOLUTION ACCEPTING BID AND AUTHORIZING EXECUTION OF CONTRACT IN THE MATTER OF THE BOSTON STREET, RAILROAD DRIVE, GUARDIAN ANGELS LAKE ORONO, JACKSON/HOLT UTILITY AND SCHOOL STREET IMPROVEMENT OF 1998 WHEREAS WHEREAS pursuant to Resolution 98-57, competitive bids were solicited and received for the Boston Street, Railroad Drive, Guardian Angels Lake Orono, Jackson/Holt Utility and School Street 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 Redstone Construction Company 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 Redstone Construction Company as is approved by the City Attorney for the completion of the Boston Street, Railroad Drive, Guardian Angels Lake Orono, Jackson/Holt Utility and School Street improvement according to the approved plans and specifications designated in Resolution 98-57. 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 6 day of July 1998. ATTEST;, ~ar~dra A. Peine, City Clerk //~-I~n~ Duitsman, Mayor - O:~PROJ~803691J\0564\691-0407.july. Res.doc