1960-2322Ar~~~
RESOLUTION NOe 2322 A
RESOLUTION ACCEPTING Blfl ANO AIpAR411NG CONTRACT TO Me Ee ,KRAFT
EXCAVATING &, GFIAflING OOe INC68 4100 14TH AVENUE SO~fi'Ha FOR STREET
GRADING & CONCRETE CURB AND GUTT R ON IkORBAN AVENUE ~'RD.M ?7TH
STREET TO 78TH STREET 9 V 1 LI.A QE P~OJECT Noe 41 1
CLERK°8 FILE N 0®
BE IT RI_SOkVEfl BY THE VILLAQE COUNCIL of TIE VILLAQE OF RICHFIELDe A8 FoLLOa-8s
le THAT IT IS HEREBY DERERMINED THAT TFIE BID OF MA Eo KRAFT EXCAVATINQ & GRADINQ CO„
INCe~ 4108 14TH AVENUE SOUTHy•A1INNEAPOLIS' 78 MINNEBATAa IS THE LOWEST B10 BY A RESPONSIBLE
BIDDER FAR THE CONSTRUCTION O;F VILLAQE PROJECT NOo 4110
2p THAT THE BID OF Me Ee KRAFT EXCAVATINQ ~ GRADIN® CO® INCoa FOR THE CONSTRUCTION OF
VILLAQE PROJECT N Oe 411p ON A. UNIT PRICE BAS9S AT THE PRICE CONTAINED IN THEIR PROP08AL WITNI
AND ESTIMATED CONSTRUCTION COST OF ~4pI~4o~Ae IS HEREBY ACCEPTEDp
3e THAT TWE PROPOSED CONTRACT BET~tEEN Ms Eo KRAFT EXCAVATINQ & QRADINQ Coo INCo~ AN0 THE
VII.LAt~E OF RICHFIELD RATED OCTOBER 24THg 196Ag BE QIVEN CLERKaS FILE NDo~, ~ s AND eE
PLAOED ON-FILE. THAT THE PROPOSED CONTRACT FOR THE CONSTRUCTION of SAID VILLAQE PROJECT N0o
411, iS HEREBY APPROVED~AND ADOPiEQs RIND THAT THE MAYOR AND MANAQER ARE HEREBY AUTHOR12E0 AND
DIRECTED TO l~ECUTE SAID CtljNTi3AOT FOR AND ON BEHALF OF THE VILLAQE OF RICHFIELD AND THE-VILLAQE
CLERK II$ AUTHORIZED AND DIRECTED TO AFFIX THE VILLAQE SEAL THERET®e
4s THAT THE CORPORATE SURETY BOND IIN THE SUdA OF THE ESTIMATED CONTRACT PRICE WHICH
ACCOMPANtEB SAID PROPOSED CONTRACT III HEREBY ACCEPTED AND APPROVED®
,5p THAT PAYMEIIFtSI TO BE MADE UNDER THE TERMS OF SAID CONTRACT SHALL BE CWARQED AQAINST TWE
CONSTRUCTION FUNDo
6e THAT THE CLERK 08 AUTWORIZED AND DIRECTED TO RETURN THE SECURITY DOCUMENTS TO THE UNm
SUCCE88FUL BIDDERS UPON TWE EXECUTION OF SAID PROPOSED C®NTRACT®
ADOPTED BY THE VILLAQE COUNCIL THIS 24TH DAY OF OCTOBERa 1960
ICY R
1