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02-077 RESRESOLUTION 02- 7._7 A RESOLUTION FOR THE CITY OF ELK RIVER A RESOLUTION ACCEPTING BID AND AUTHORIZING EXECUTION OF CONTRACT IN THE MATFER OF THE ORONO PARKWAY IMPROVEMENTS OF 2002 WHEREAS pursuant to a City Council direction, competitive bids were solicited a second time and received for the Orono Parkway Improvements; and WHEREAS the City Council has considered the amount of the bids and the responsibility of the bidders and determined that Jay 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 Jay Brothers, Inc., as is approved by the City Attorney, for the completion of the Orono Parkway Improvements according to the approved plans and specifications designed by City Council Resolution. The City Administrator is authorized and directed to forthwith return to all bidders the deposits made with their bids upon execution of the contract specified above. Passed and adopted this 12th day of August, 2002. ATTEST: Sandra A. Peine, City Clerk linzing, Mayor' ' S/^dmin/oronobids