1976-5514r560
RESOLUTION N0. 551+
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1
RESOLUTION ACCEPTING-BID AND AWARDING CONTRACT TO PROGRESSIVE
CONTI'2ACTORS, INC., 8736 ZACHARY LANE, OSSEO, MINNESOTA, FOR
PERMANENT STREET SURFACING,. AREAS NOS. 10 AND 11
CITY PROJECT NO. 67~+
Clerk's File No. 9710
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 Progressive Contractors, Inc.,
8736 Zachaxy Lane, Osseo, Minnesota is the lowest bid by a responsible bidder
for the construction of City Project No. 67~+, Areas Nos. 10 and 11, permanent
street surfacing.
2. That the bid of Progressive Contractors, Inc. for the construction of
the .above referenced project on a unit price basis, at the price contained in
their proposal of April 2, 1976, with an estimated construction cost of $2,536,708
is hereby accepted.
3. That the proposed contract between Progressive Contractors, Inc. and the
City of Richfield be given Clerk's File No. 9710, 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 on 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
docments to the unsuccessful bidders upon execution of said proposed contract.
Adopted by the .City Council this
ATTEST:
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Thomas J. Mo~ ~ City Clerk
l2th day of April, 1976. .
oren L. Law Mayor
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