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1974-5172rRESOLUT:iON N0. 5172 [] RESOLUTION ACCEPTING BID AND AWARDING CONTRACT TO NORTHWEST BITUMINOUS CO., `INC., MINNEAPOLIS, MINNESOTA, FOR PERMANENT STREET SURFACING, AREAS NOS. 6 AND 1.3. CITY PROJECT N0. 657 Clerk's Fi.l? No. BE IT RESOLVED by the City Council. of tb.e City of Ri,chf.ield, Minnesota, as follows: l.. That it is hereby determined that the bi.d of Northwest Bituminous Co., Inc., Minneapolis, Minnesota, is the lowest bid by a responsible bidder for the construction of City Project No. 657, permanent street; surfacing, Areas Nos. 6 and 13. 2. That the bid of Northwest Bituminous Co., Inc. for the construction of the above referenced project on a unit price basis, at the price contained in their proposal of March 15, .197I+, .pith an estimated construction cost. of $2,.11.0,635.00 is hereby accepted. 3. That the proposed contract .between Northwest Bituminous Co., Inc. and the City of Richfeeld be given Clerk's File No. and be placed on file. That said proposed contract fog 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 beha,l.f of the City of Richfield and the Clerk i.s authorized and directed to affix the city seal thereto. I+. That payments to be made under the terms of said contract shall, be charged against the Construction Fund. 5. 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 execution of said proposed contract. Adopted by the City Council this 25th day of March, 197+. 1 ATTEST: Thomas J. More City C1,erk ~-~~' oxen L. L~,w jMayor