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1964-3322r-~_ ~F~ RSS~~1'TION Nf9. 3322 ?IE~T ;~R~'TING~'; LYNDAL.B bYIJRICIPAL; 83CfR8 C~'1RTOCTIQN Ft~ID':; TRA~SF~RRI'I~ I~A'~SYS ~TABR8T0 AND A@VAROING CQNTRACTS~ FQR :TAB CO1VS TRH TION. ~F SQC~; LIQOC3R S'I~tB BB I'F RBSOLVBII by the council of the Village•of R~chf ieid as follows: 1. There~is hereby created a fund t® be knowq and designated as• the Lyx~dale Avenue. Municipal Store Constract3,on Find, from which a1Y sr~eifs' payable. for the acquisition of land ahd• construction of the new :municipal liquor store: building and appyrte- nances theret© shali.be paid. Stich municipal st©re shall be located at 6644 Lyndale AVe• 2. There is hereby transferred into the $?yndale Avenge Municipal Store Construction Ft~ixi, the amounts from 'the follo~ing soarces. a. ~50~000 in accounts rece3,vable from the sale of the existing Lyndale Avenue Liquor- Store and building at• 6621:. L'y~dale Avee.. b. The entire amount of tk~e Liquor St©re Depreciation Reserve Account, up to June 1, 1963, being at least 'the sum of X42,000, c. 24,000 from the municipal swimming pool depreciation reserve account, pro- vided that during the year 1966 the am®unt so transferred shals;_be restored to the municipal swimming pool reserve account from prof its' of the municipal liquor stores of the village. d. $1~:0,~00 fr©m .the oper,a~i~ng account of the 'municipal liquor stores of the village, as,;;;a 1©an, such loan to be repaid from profits of the municipal liquor stores of the village during the year 1966. 3. Interfund loans made pursuant tp~the.pr®visions of this res.©lation shalg be made without interest, 4. It is hereby ,determined that the foil®wfng contractors are the lowest responsible bidders for• e® nstruction worrk on such ne~x~ Lyndale Mcinicipai Liquor Store and con- tracts are awarded to them as follower Name ~ Address; Type of fork Contract Price Bryan Constructs©n Co., ?601'Nayzata Blvd. General 108,444.00 Ilovde Plumbing. R I~eat3ng, Ic~c., 2222 Bdgewood Ave, Mechanical 23,829000 Stemmer electric C®., 406 2nd 5.t., B~ceisi©~, Minn. Riectricai 13,590.00 Nordquist Sign Co., Inc., La&e St. & Grand i4ve. Sign 2,886.00 The magar•and manager are hereby au thorized and directed to enter into contracts with-such contractors for the construction of that portion of the work awarded to each, in accordanee r~ith. 'the plans, specifications atsi genere,l. c©nditions for such v~ork, - 5. ~k11 sump payable to each c®ntractors under such construction contracts ahalll be paid for out of the Lyndale Avencie.Municipal Store Construction;Fund. ~, -. 6. The sam of ~5©,0D4, being the purchase price ®f the land on which such new munici- pal store is to be located, shall°be paid out of such fund. Passed by the Village Council of the'V312age of Richf ieid this -9th day of Nov,, 1964. -~-~'~'~ Mayor ATI'ASTs p G~~s~'~'~j~ l~ia.nager ClerkaTreas,