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1974-5176rRESOLUTION N0. 5176 RESOLUTION .ACCEPTING BID AND AWARDING CONTRACT TO HOFFMAN ELECTRIC COMPANY, 8855 HAMILTON ROAD, EDEN PRAIRIE, MINNESOTA FOR ORNAMENTAL STREET LIGHTING AND APPURTENANCES THERETO, AREAS NOS. 6 AND L3. CITY PROJECT N0. 657 Clerk's File No. BE TT RESOLVED by the City Council of the City of Richfield, Minnesota, as followst le That it is hereby determined that the bid of Hoffman Electric Company is the lowest bid by a responsible bidder for the construction of City Project No. 657, Ornamental Street Lighting, Areas Nos. 6 and 13. 2. That the bid of Hoffman Electric Company for the construction of the above referenced project at the price contained in their proposal of April 5, 197+ with an estimated construction cost of $256,369.00, using stainless steel standards, is hereby accepted. 3. That the proposed contract between Hoffman Electric Company 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 for or in behalf of the City of Richfield and the Clerk is authorized and directed to affix the city seal thereto. ~+. 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 the execution of said proposed. contract. Adopted by the City Council this 8th day of April, 1g7~. C ATTEST; ,< ~~„ C C,~ii~~ Thomas J. ~ ran City Clerk ,, -~ `` 1 :° ~~ Loren L. Law ~~``~ Mayor