1962-2856r~ 3~
RE SO LUT I ON Noe 2856
RESOLUTI6N ACCEPTING BfD AND AWARDING CONTRACT FOR CONSTRUCTION
OF A 1~500p000 GALLON ELEVATED WATER TANK TO CHICAGO BRIDGE AND
IRON COMPANY: 332 SOUTH MICHIGAN AVENUE' CHICAGO 4s PLLINOISe
VILLAGE PR4fJECT NOs 460
CLE RKts FILE No. 7013
BE IT RESOLVED BY THE VILIA GE COUNCIL OF THE VILLAGE OF RICHFtELD~ MINNE80TAs AS FOLLOWSB
le THAT IT IS HEREBY DE TERMtNED THAT THE BID OF CHICAGO BRIDGE AND IRON COMPANYs 332 50UTH
MICHIGAN AVENUES CHICAGO 4~ (LLINOISI IS THE LOWEST BID BY A RESPON BIBLE BIDDER FOR THE CONSTRUCTION
OF VILLAGE PROJECT NO. 460s A 8 SHOWN ON THE PLANS AND SPECIFICATIONS APPROVED BY THIS COUNCIL ON
AUGUST 27THS P962.
2~ THAT THE BID OF CHICAGO BRIDGE AND IRON COMPANY FOR THE CONSTRUCTION OF VILLAGE PROJECT
NDe 460 AT THE BA ~ BID PRICE OF ~253'700e00 AND UNIT PRtcE B(DS OF X11,850+00 CONTAINED IN THEIR
PROPOSAL OF SEPTEMBER 28TH8 I962~ FOR AN ESTIMATED CONSTRUCTION COST OF X265:550e00 PLUS ITEM {A,
dF THE ALTERNATE BIDS IN THE AMOUNT OF $3~2 50.00 FOR A TOTAL ESTIMATED CON STRUCTlON COST OF
$26$'80000 IS HEREBY ACCEPTED
3. THAT IT 1& HEREBY DETERMINED TO BE NECE86ARY AND E XP EDIENT TO CONSTRUCT SUCH pROJECTe
4e THAT THE PROPOSED CONTRACT BETWEEN 6AID CHICAGO BRIDGE AND IRON COMPANY AND TWE VILLAGE'
OF RICHF1ELDS BE GIVEN CLERKS FILE N0o 70 P3 ~ AND BE PLACED ON FILEe THAT THE SAID PROPOSED
CONTRACT FOR T HE CONSTRUCTION OF SKID VILLAGE PROJECT ND• 460s 19 WERE BY APPROVED AND ADOPTED AND
THE bIAYOR AND MANAGER ARE HEREBY AUTHORIZED AND DIRECTED TO EXECUTE SAID CONTRACT FOA AN ON BEHALF
OF THE VILLAGE OF RICHFIELD AND THE VILLAGE CLERK iS AUTHORIZED AND DIRECTED TO AFFIX THE VILLAGE
SEAL THERETO.
5® THAT PAYA+~NTS TO BE MADE UNDER THE TERMS OF SAID CONTRACT SHALL BE CHARGED AGAINST A
WATER TOWER CONSTRUCTION FUNDe
6e THAT THE CORPORATE SURETY BONb IN THE SUM OF THE ESTIMATED CONTRACT PRICE WHICH ACCOMP°'
ANTES SA10 PROPOSED CONTRACT iS HEREBY ACCEPTED AND APPROVEDs
7e THAT THE CLERK IS AUTHORIZED AND DIRECTED TO RETURN THE SECURITY DOCUMENTS TO THE UN~
SUCCESSFUL BIDDERS UPON THE EXECUTION CF SAID PROPOSED CONTRACTe
ADOPTED BY THE VILLAGE COUNCIL PHIS 8TH DAY OF ®CTOB'ER, 1962•
ATTEST a
G
VILLAGE C RK