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1968-4030r RESOLUTION N0. 4030 RESOLUTION ACCEPTING .BID AND AWARDING CONTRACT TO SZG~tUND ~ENpI,D, 10741 BEARD AVENUE SOUTH, BLOOMINGTON, MINNESOTA, FOR CONC~TE SIDEWALK. C. P. No. 569A - E. Side Xerxes Ave., 66th to 69th St. C. P. No. 569C - W. side Cedar Ave., D~.agonal Blvd. ~0 75th. Clerk's File No. 7902 BE IT RESOLVED by the City Council of the City of Richfield, Minnesota, as follows: 1. That it is hereby determined that the bid of Sigmund Te~tol.d, 1Q741:Beazd ;Avg..: South, Bloomington, is the lowest bid by a responsible biddex for the co~t~cuction of City Project Nos. 569A and 569C. 2. That the bid of Sigmund Tenold for the construction of the above referengsd pro~ects,on a unit price basis at the price contained in their proposal of Augu$t~1.9th, 1968, with an estimated construction ~cc~s•t o~f' $~0",041.27, i:s hereby accepted, 3. That the proposed contract between Sigmund Tenold and-the City pf R~.chfield be given Clerk's File No. 7902 - and be placed on-file. -That said prapgsed contract for the construction of said City Projects is hereby approved and adopted ~d the Mayor and Manager are hereby authorized and dixected•to execute said cc-ntract.fq~ and on behalf of the City of Richfield and the City Clerk is authorized and directed to affix the City seal thereto. 4. That payments to be made under the terms of said contract shall be charg,~d against the Construction Fund. 5. That the Corporate Surety Bond in the sum of the eatim&ted con~rac.t price which accompanies said proposed contract is hereby accepted and appxoved. 6. That the Clerk is authorized. and directed to return the security doeu~nents to the uns~uceessful bidders upon the execution of said proposed contract. Adopted by the City Council this 26th day of August, 1.96$. ~ d~ MAYOR ATTEST: CI CLERK