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1967-3788r~~ Rt+ OLUTION N0. 3788 I~~ 1~- ~~SOLUTION ACCEPTING BID AND AT~'A~DING CONTRACT TO ARCON CONSTRUCTION COMPANY, INC. g FORA, MINNESOTA, FOR GRADING, CONCIt.TE PAVTNG, GONCRETE CURB AIdD Gi7TT 'R AND APPURT:±, ANCES TH.RE'.r0 ON 76TH. STREET FROM GAF~'TL"I,D AVENUE' 'Ib IV'TCO?~T~.~,T AVENUE'. CITY PROJECT N0. 5~.7 CLERK e S FILE' NO . 75 86 BE' IT RESOLVED by the City Council of the City of .Richfield, Minnesota, as follows 1 1. That it is hereby determined that the bid of Arcon Construction Company, Inc., t~7ora, I~i.nnesota, is the lowest bid by a responsible bidder for the construction of City ~'ro~ect No. 5l~7, and 2. That the bid of Arcon Construction Company, Inc, for the construction of the above referenced project, on a unit price basis at the price contained in their proposal of April 3rd, 1967, with an estimated construction cost of $106x957,92, is hereby accepted. 3. That the proposed Contract between Arcon Construction Company, Inc. and the City of Richfield be given ClerkBS File No. and be placed on file, That said proposed contract for the construction of said City Project is hereby approved and adopted and the Mayor and Manager are hereby authorized and clirected to execute said contract for and on behalf of the City of Richfield and the City Clerk is authorized and directed to affix the City seal theretoo 4. That payments to be made under the terms of said contract shall be charged against the Construction Fund. 5. That the Corporate Surety Bond in the aura of the estimated contract price which accompanies said proposed contract is hereby accepted and approvede 6o That the City Clerk is authorized and directed to return the security documents to the unsuccessful bidders upon the execution of said proposed contract. Adopteed by the City Council this 10th day of Apra.]., 1967. 1 ATTEST o r~ ~~~~~ GITY CL 'RK w~ SJ~-~ 0