1958-1684r_~
RESOLUTION N0. 1684
RESOLUTION ACGEPT 1 NG B i D AND A;IARD 1 itG C ~N TRACT TO M. E. KRAFT EXCAVAT (NG
AND GRADING COMPANY, 4108 14TH AVENUE SOUTH, 191NNEAP01_15, MINNESOTA
VILLAGE PROJECT NO. 350
CLERKt5 FILE NO. 5140
BE iT RESOLVED BY THE VILLAGE COUNCIL OF THE VILLA QE OF RICHFIELD,
AS FOLLOWS:
I. THAT IT iS HEREBY DETERMINED THAT THE 810 OF THE M.E. KRAFT
EXCAVATING AND GRADING COMPANY OF MINNEAPOLIS, MINNESOTA, IS THE LOWEST
BID BY A RESPONSIBLE BIDDER FOR THE CONSTRUCTION OF VILLAGE PROJECT NO.
350 (STREET GRAOiNG)~.
2. THAT THE BID OF THE M. E. KRAFT EXCAVATING AND GRADING COMPANY
FOR THE CONSTRUCTION OF VILLAGE PROJECT NO. 350 ON A UNIT PRICE 8AS18
AT TIME PRICE saAITA{NEO IN TMEIR PROPOSAL OF OCTOBER 10, 1958, WITH AN
ESTIMATED CON5TRUCTI6'N COST OF $24,662.04 IS HEREBY ACCEPTED.
3. THAT THE AROPOSED CON TRACT BETWEEN SAID M. E. KRAFT EXCAVATING
AND GRADING COMPANY AND THE V 1 LLAG E OF R {CWF ! E LD, DATED OCTOBER . 1 3, 1 958,.
BE GIVEN CLERKtS FILE NO'. 5140 AND BE PLACED ON FILE. TMAT SAID PRO-
POSED CONTRACT FOR THE CONSFRiJCT10N DF SAID VILLAGE PROJECT N0. 350 IS
HEREBY APPROVED AND ADOPTED, AND THE A4AYOR AND MANi{tGER ARE HEREBY AUTHOR-
IZED AND DIRECTED TO EXECUTE SAID CONTRACT FOR ANO ON BEHALF OF THE VIL-
LAGE OF RICHFIELD, AND THE VILLAGE CLERK 1S AUTHORIZED AND DIRECTED TO
AFFIX THE VILLAGE SEAL THERETO.
4. THLRT PAYMENTS TO 8E MADE UNDER THE TERM9 OF SAID CONTRACT SHALL
BE CHA RGEO AGAINST THE CONSTRUCTION FUND.
5. THAT THE CORPORATE SURETY BOND IN THE SUM OF THE ESTIMATED CON-
TRACT PRICE 6dHlCH ACCOMPANIES SAID PROPOSED CONTRACT IS HEREBY ACCEPTED
ANO APPROVED.
6. TWAT THE CLERK IS AUT HORIZED AND DIRECTED TO RETURN THE SECURITY
DOCUMENTS TO THE UNSUCCESSFUL BIDDERS UPON THE EXECUTION OF SAID PROPOSED
CONTRACT.
ADOPTED BY TH£ VILLAGE COUNCIL THIS 13TH DAY OF OCT08ER, 1958.
RVING KELDS , AYOR
ATTEST:
0, N3,~AN K~VELEN,-MANAGER
1
COWARD ~~ LINE, CLERK
65TH STREET - LYNDALE AVENUE TO RAE DRIVE
GRAHAM AVENUE - 65TH STREET TO 6 6TH STREET
RAE DRIVE - 65TH STREET TO 66TH STREET
~~~