1973-4941rRESOL~,JTIOi~ NO a 494.
RESOLtTTION ACCEPTING BID AND AWARDING CONTRAf:.(' TO ARCON
CONSTR~JC'TION CO., INC., MORA, MINNESOTA, FOR PERMANENT
STREET SbJRFACING, AREAS NOS. 4 AND 5
CITY PR0~7ECT N0. 650
Clerk's File Noo 9462
BE IT RESOLVED by the Ci~y Council of the City of Richfield, Minnesota, as
follows:
to Thdt it is hereby determi~,ed that the bid of .arc®n Construction Co., Inc.,
Mora, Minnesota, is the lowest bid by a responsible bidder the the construction of
City Protect No. 650, permanent street surfacing, Areas Nos. 4 and 5.
20 That the bid of Arcon Construction Co., Inco for the construction of the
above referenced protect on a unit price basis, at the price contained in their
proposal of March 23, 1973, with an estimated construction cost of $889,802.50
is hereby accepted.
3. That the proposed contract between Arcon Construction Co., Inc., and the
City of Richfield be given Clerk's File No. 9462 and be placed on file. That said
proposed contract for-the construction of said city protect 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 o£ 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.
5o That the Corporate Surety Bond 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 26th day of March, 19730
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ATTEST:
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Thomas 3. 1`~6.9~'an ~ City C~,erk
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