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1969-4124r~~~ RESOLUTION N0. 4124 1 RESOLUTION ACCEPTING BTD AND AWARDING CONTRACT TO ARCON CONSTRUCTION CO., INC., MORA, MINNESOTA, FOR STORM SEWER CONSTRUCTION CITY PROJECT N0. 568 Clerk's File No. 7984 i~ ~I 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 Arcon Construction Co., Inc., Mora, Minnesota, is the lowest bid by a responsible bidder for the construction of city Project No. 568. 2. That the bid of Arcon Construction Co., Inc. for the construction of the above referenced project on a unit price basis, at the price contained in their proposal of March 6th, 1969, with an estimat ed construction cost of $216,621,99 is hereby accepted. 3. That the proposed contract between Arcon Construction Co., Inc. and the City •of Richfield, be given Clerk's File No._ 7984 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 directed to execute said contract for or on behalf of the City of Richfield and the 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 charged against the Construction Fund. 5. That the Corporate Surety Eond in the sum of the estimated contract price which accompanies said proposed contract is hereby accepted and approved. 6. That the City Clerk is authorized and directed to return the security documents to the unsuccessful bidders upon the execution of said proposed contract. Adopted by the City Council this 10th day of March, 1969. ~~ MAYOR 1 ATTEST: CIT'~ CLERK