1972-4805rR~OLU'iION NO. 4805
RESOLUTION ACCEPTING BID AND AIdARDING CONTRACT TO ELECTRIC
REPAIR AND CONSTRUCTION CO. INC., MINNEAPOLIS, MINNESOTA,
FOR ORNAMENTAL STRE£~;i' LIC~iTI~7C, DISTRICT N0. 1
CITY PROJECT N0. 542
Clerk's File No. C-9417
BE IT RESOLVED by the City Council of the City of Richfield, Minnesota, as
f®llows:
1. That it is hereby determined that the bid of Electric Repair & Construction
Co. Inc., 4024 Washington Avenue North, Minneapolis, Minnesota, is the lowest bid by
a responsible bidder for the construction of City Project No. 642, ornamental street
lighting, District No. 1.
2. That the bid of Electric Repair and Construction Co. Inc.-for the constructi®~
of the above referenced project at the price contained in their proposal of Jaaly 1&9
1972, with an estimated construction cost of $126,000 using stainless steel standards,
is hereby accepted.
3. That the proposed contract between Electric Repair•and Construction Co.•Inc.
and the City of Richfield be given Clerk'•s 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 directed to execute said
contract far or in 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.
S. That the Corporate Surety Bond in the sum of the estimated contract price
which accompanies said proposed contract is hereby accepted aad approved.
6. That the City Clerk is authorized and directed to return the securitp docu-
ments to the unsuccessful bidders upon the execution of said proposed contract.
Adopted by the City Council this 24th day of July, 1972.
_-
Lo~en L. Law Ma~or
ATTEST:
Thomas J. Moran City Clerk