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83-6712R38 RESOLUTION NO. 6712 RESOLUTION ACCEPTING BID AND AWARD OF CONTRACT FOR 76TH STREET AND LYNDALE AVENUE TRAFFIC SIGNALS - C.P. 773 WHEREAS, pursuant to an advertisement for bids for the improvement of 76th Street and Lyndale Avenue intersection by the installation of a new traffic signal system, bids were received, opened and tabulated according to law, AND WHEREAS, it appears that Hoffman Electric Company of St. Paul, Minnesota is the lowest responsible bidder,. NOW THEREFORE, be it resolved by the City Council of Richfield, Minnesota: 1. The mayor and clerk are hereby authorized and directed to enter into a contract with Hoffman. Electric Company of St. Paul, Minnesota in the name of the City of Richfield for the improvement of the 76th Street and Lyndale Avenue intersection by the installation of a new traffic signal system according to the plans and specifications therefore approved by the city council and on file; 2. The city clerk is hereby authorized and directed to return forthwith to all bidders the deposits made with their bids, except that the deposits of the successful bidder and the next lowest .bidder shall be retained until a contract has been signed . Adopted by the city council this 10th day of January, 1983. ATTEST: Syl a K. Bergh, Cit Jerk