1966-3728r~-.~~~
RES01*WTION N0. 3728
RESOLUTION ACCEPTING BID AND AS'ARDING CONTRACT TO WAL60N
EXCAVATING C0.' 3242 HIGHWAY 8 N. E.~ MINNEAPOLIS MINN-
. ESOTAs FOR STORM SEWER CONSTRUCT IONo
• CITY PRO~IECT NO. 546
CLERK~s FILE NO._ 7439
BE IT RESOLVED BY THE CITV COUNCIL OF THE CITY OF RICHFIELD MINNESOTA, AS FOLIOWSZ
I. THAT IT t8 HEREBY DETERMINED THAT THE BID OF WALBON EXCAVATING CO., 3242 HIGHWAY 8
N. ~,' MINNEApOLt.$~ MINNESOTA 55418 18 7HE LOWEST BID BY A RESPONSIBLE BIDDER FOR THE CON~-
87RUCTION OF GI'TY PROJECT No. 546.
2 + THAT THE BID OF YI'ALQON EXCAVAIC~ING CO. FOR THE CON STRUGTION OF THE ABOVE REFERENCED
PROJECT ON A UNIT.PRIC6 BA81S~ AT THE PRICE CONTAINED IN THEIR PROPOSAL. OF OCTOBER 218Ti 19661
WtTtl AN ESTIMATED CONSTRUCTION COST OF ~26s008o00' iS MEREBY,ACGEPTEDo
3. THAT THE PROP08ED CONTRACT BETIt1EEN WALBON EXCAVATING COo AND THE C17Y OF RICHFIELDs
BE GIVEN CI:ERK!$ FILE NGo~7439^`AND BE PLAOED ON FIL~o TWAT SAID PROPOSED CONTRACT FOR TIME
CONSTRUCTION OF SA 10 H:ITY PROJECT 18 HEREBY APPROVED qND ADOPTED AND THE MAYOR ANO MANAGER
ARE HEREBY AWTHORIXED AND DIRECTED TO EXECUTE SAID CONTRACT FOR AND ON BEHALF OF THE CITY OF
RICHFIELD AND THE CLERK IS AUTHORIZED AND DIRECTED TO AFFIX THE CITY SEAL THERETO,
4, -THAT PAYMENT8 TO BE MADE UNDER THE TERMS OF SAID CONTRACT SHALL BE CHARGED AGAIN ST
THE CON8TRUCT_FON FUNDS ~
5. THAT THE CORPORATE SURETY BOND IN THE 8UM OF THE ESTIMATED CONTRACT PRICE WHICH
ACCOMPANIES .SAID PROPOSED CONTRACT IS HEREBY ACCEPTED AND APPROVED.
6, THAT THE-CLERK 18 AUTHORizEO ANO DIRECTED TO RETURN THE SECURITY DOCU&AENTS TO THE
UNSUCCESSFUL BIDDERS UPON THE EXECUTION OF SAID PROPOSED CONTRACT
ADOPTED BY 7HE CITY•COUNCIL THIS 24TH DAY OF 4C106ERs t966,
A TT ESTt
MAYOR
'CITY CLER '.