1963-3037r~~ _~
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RE9JLUTION ND~ 3037
RESOLUTION ACCEPTING BID AND AWARDING CONTRACT 10 M. E. KRAFT
EXCAVATI NO AND GRADING CO .' INC. Frog STREET AND ALLEY GRAp ING
VILLAGE PROJECT NOS, 481A 80 4618
CLEgK~S FILE NO~~~
BE IT RE80LVE0 BY THE VILLAGE COUNCIL OF THE VILLAGE OF RICHFIELDp MINNESOTA AS FOLLOW So
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to THAT IT IS HEREBY DETERMINED THAT THE BID OF Me Eo KRAFT EXCAVATING AND GRADING ~+'Oog
INCe IS THE LOWEBT BID BY A RESPONSIBLE BIDDER FOR 7WE CONSTRUCTION OF VILLAGE PROJECT NO S• ,
481A AND 4818, STREET ANO ALLEY GRADINge
2. THAT THE BID OF M. E• KRAFT EXCAVATING AND GRADING COog INCe FOR THE OONBTRUCTiON OF
VILLAGE PROdEOT NOS• 481A AND 481By ON A UNIT PRICE BAS13 AT THE PRIDE CONTAINED IN THEIR pRO~
POl4AL OF JUNE 24THs 1963' WITH AN ESTIMATED CONSTRUCTION COST OF ~7s487o00g IS HEREBY AOCEPTEDo
3 „ THAT THE PROPOSED CONTRACT BETWEEN SAID M• Eo KRAFT EXCAVATING AND GRADING CO s9 INC.
AND THE VILLAGE OF RICHFIELDy~ BE gIVEN CLERK*8 FILE NOe 72~ AND BE PLACED ON FfLEo THAT
THE SAID PROPOSED CONTRACT FOR THE DONSTRUCTION OF SAID VILLAGE PROJECT N06, 48BA AND 481Bm 1$
HEREBY APPROVED AND ADOPTED AND THE MAYOR AND MANAGER ARE. WEREBY AUTHORIZED AND DIRECTED T®
EXECUTE 8A ID CONTRACT FOR AND ON BEHALF OF THE VILLAGE OF RICHFBELD AND Th6 VILLAGE. CLERIC IS
AUTHORIZED AND DIRECTED TO AFFIX THE VILLAGE SEAL THERETOo
4o THAT PAYMENTS TO BE MADE UNDER THE TERMS OF SA 1D CONTRACT SHALL BE CHARQED AGAINST THE
CONSTRUCTION FuNDa
~. THAT THE CORPORATE SURETY BOND IN THE SUM OF THE ESTIMATED CONTRACT PRIDE WHICH ACCOMP®
ANTES SAtD PROPOSED CONTRACT 16 HEREBY AOCEPTEO AND APPROVEDo
6o THAT THE CLERK IS AUTHORIZED AND DIRECTED TO RETURN THE 8ECURITY DOCUMENTS TO THE,UNm
SUCCESSFUL BIDDERS UPON THE EXECUTION OF eAID PROPOSED CONTRACTo
ADOPTED BY THE VILtA GE COUNCIL THIS 24TH DAY OF JUNEy 19~e
iu
ATTESTS
VILI GE CLERK
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' Ma+YOR
M4NA R