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1955-650r- __ RfSQ1.UT IOid +`!0.650 RES(:LIjT ION ACCEPT Ii,G f31D Alts Alll~tD Ii~G CCMRACT TO ~ddAETE' D. G IERI'SEN COiuSTRI[CT ION CO. ' VILLAGE PROJECT ND. 308 C - 2002 BE IT RESCLVf~ BY THE VILLAGE COUNCIL OF TWE VILLAGE aF RICHFIELD AS FOLLOWS: 1. THAT IT IS HEREBY DETERMiNEO THAT THE BID OF l'IALTER D. ~IERTSEN CONSTRICTION COMPANY, OF I~IINNEAPOLIS~ I'•~iiNNESOTA, IS THE LOWEST BID BY A RESPONSIBLE BIDDER FOR THE CONSTRUCTION ~ VILLAGE PROJECT iVO. 308. 2. THAT THE 810 OF THE HALTER D. GlERTSEN CONSTRUCTION Ca~PANY FOR THE CONSTRUCTION Of VILLAGE PROJECT N0. 308, ON A UNIT PRICE BASIS AT THE PRICE CONTAINED iN THEIR PROPOSAL ~ APRIL 7, 1955, WITH API. ESTIMATED CONSTRUCTION COST (Ir $64~2~098~85 , IS HEREBY ACCEPTED. 3. THAT THE PROPOSED COPTRACT BET4lEEN SAID ~r~ALTER D. GIER7SEM CONSTRUCTION C~PANY AhC THE V 1 LLAGL• OF R ICHF 1 ELO DATER APRIL 11 ~ 1955, BE GIVEN CLERKS 5 F 1 LE No. ,~~~,, AP1D BE PLACED ON FILE. THAT SAID PROPOSED CONTRACT FOR THE CONSTRUCTION ~ SAID VILLAGE PROJECT i':b. 308 IS HEREBY APPROVED AND ADOPTED, AND TI-iE MAYOR AND FIANAGER ARE HEREBY AUTHORIZED AMD DIRECTED TO EXECUTE SAIp CONTRACT FOR AND ON BEHALF OF THE VILLAGE OF RICHFIELD, AND THE VILLAGE CLERK 15 AUTHORIZED AND DIRECTED TO AFFIX THE VILLAGE SEAL THERETO. 4. TIiAT PAYMENTS TO BE MADE UNDER THE TERMS OF SAID CONTRACT SHALL BE CHARGED AGAINST THE VILLAGE PROJECT iVO. 308 FUND. 5. THAT THE C~tPORATE SURETY BOND 1 Fd T21E SUfA OF Th1E ESTIMATED CONTRACT PRICE 69F1ICH ACCOMPANIES SAID PROPOSED CONTRACT IS HEREBY ACCEPTED AND APPROVED. 6. THAT THE CLERK IS AUTHORIZED AND DIRECTED TO RETURN THE SECURI'T'Y DOCUMENT TO THE UNSUCCESSFUL BIDDER UPON THE L-XECUTION OF SAID PROPOSED CONTRACT. AooPTED BY THE VILLAGE COUNCIL THIS 11TH DAY OF APRILS 2955. a • FRED O. KITTELL 'MAYOR ./~' ~~ LE Y TRAFTON MANAGER. ATTEST : . PAUL N. NA17CaEN CLERK.