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1973-4930rP.1:SOLUTIOi`V i'~0. 4930 RESOLUTIOcd ACCEl'TIi3G liID Ai1D AGjARDIiVG CONTRACT TO EGl11d-P~ICKAY ELECTRICAL CONTP.ACTORS, II~CG'. , 7100 fiEDICI`7E LAKE ROAD, MIidNEAPOLIS, bIINNESOTA, FOR OR1AMENTAL STREET LIG13TIiJG Ae~D APi'URTENAdCES T1IEPti.ETO, AREAS NOS . 2 , 4 Al1D 14 . CITY PROJECT N0. b50 Clerk's File No. 9457 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 Egan~NicKay Electrical Contractors, Inc., 7100 Medicine,Lake 12oad, Minneapolis, Pinnesota, is the locJest bid by a responsible bidder for the construction of City Project i~;o. 650, ornamental street lighting,. Areas dos. 2, 4 and 14. 2. That the bid of Egan-I1cKay Electrical Contractors, Inc. for the construction of the above referenced project at the price contained in their proposal of February 23, 1973, with an estimated construction cost of $259,932.00, using stainless steel standards, is hereby accepted. 3. That the proposed contract between Egan-McKay Electrical Contractors, Inc. and the City of Richfield be given Clerk's File No. 9457 , and be placed on file. That said proposed contract for the construction of said project is hereby approved and adopted and the Mayor and Manager are hereby authorized and directed to execute said contract for 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 Contruction Fund. 5. That the Corporate Surety Fiond 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 12th day of March, 1973. r' ~ `~` Loren L. Law- Mayor ATTEST: -, ~._ Thomas J. Mox°~City Clerk 1