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1974-5210r212 RESOLUTION NO o 5210 RESOLUTION ACCEPTING BID AND AWARDTNG CONTRACT TO KVALSTEN ELECTRIC COMPANY FOR PARKING LOT LIGHTING FOR RICHFIELD ICE ARENA CITY PnOJECT NO, 664 BE TT RESOLVED By the City Council of the City of Richfield, Minnesota as follows: 1 . That it is hereby determined that the bid of Kvalsten Electric Company, Minneapolis, Minnesota, is the lowest bid by a responsible bidder meeting specifications for parking lot lighting at the Richfield Ice Arena . 2. That the bid of Kvalsten Electric Company, at the price contained in their proposal of June ],8, 1974, with an estimated construction cost of $7, 277 is hereby accepted. 3. That the proposed contract between Kvalsten Electric Company and the City of Richfield be given Clerkps File No. aril beplaced on file. That said proposed contract 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 of Richfield and the City 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 Protect 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. Passed by the City Council of the City of Richfield, Minnesota this 24th day of June, 1974. ~ ~~' ,, ,' ~°"' ate`` ~ ~~ F ~ ~ ~ Ldren L. Law -~ ~ Mayor ATTEST: ~1'homas J. l~~bran ~,~.,~~ Clerk