1981-17451
HRA RESOLUTION NO. 174
RESOLUTION AU'I~iORIZING ADVERTISING FOR
BIDS FOR MODERATE INCOME HOUSING AND
RELEASING AUTHORITY GRANTED TO ENTER I1`JTO
A CONSTRUCTION CONTRACT
WHEREP,S, the Housing and Redevelopment Authority (HRA} has determined
a need for moderate income housing in the City of Richfield; and
WHEREAS, the sites to be acquired for this housing are legally described as:
Part of Lot 9, Block 2, Kendale Addition; and
Part of 'Lot 5, Block 4, Betcher's Addition,
Hennepin County, Minnesota; and
WHEREAS, specifications have been developed by the H~RA for construction
at each site, and these specifications are heretofore approved; and
WHEREAS, the HRA received informal bids from contractors and one contractor,
Lida Construction Inc., demonstrated it was economically feasible to develop the
property within F:iA Section 235 program -guidelines; and
. WHEREAS, the HRA authorized Lida Construction to develop plans and
specifications for FHA mortgage oommit~nts and accepted a letter of credit
_-for the aQrount of-$10,000-from-Lida which-demonstrated Lida's intent to
enter into a construction agreement; and
WHEREAS, the HRA, in resolution no. 171, passed July 20, 1981, authorized
the Executive Director to enter into the construction agreement with Lida,
since the plans and specifications had been approved by FHA; and
Wf~REA5, it has now been determined that the contract for construction
work at each site cannot be executed without having first selected the lowest
responsible bid after advertising in accordance with state statute 462.461.
NOW, ZHEREFORE, BE IT RESOLVED BY THE HOUSING AND REDEVELOPMENT AUTHORITY
OF RICHFIELD:
1) that the Chairman and Executive Director are authorized not to execute
a construction agreement with Lida Construction, Inc. as previously passed by
resolution;
2) the Executive Director is authorized and directed to release the
$10,000 letter of credit, submitted by Lida Construction, Inc.;
and
3) that the HRA shall prepare and cause to be inserted in the Richfield
Sun, an advertisement for bids in accordance with specifications. The advertise-
- ment shall be published August 19 and Auc3ust 26, 1981, shall specify the work
to be done, shall state that the bids will be received by the HRA until 11:00
a.m. on September 2, 1981, at which time they will be ~~ublically opened, will
then be tabulated, and will be considered by the HRA at its next scheduled
meeting, and that no bids will be considered unless sealed and filed with
the HRA and acccanpanied by a bid bond, payable to the Housing and Redevelopirent
Authority of Richfield for 10 percent of the bid amount.
Passed by the Housing and Redevelopment Authority of Richfield this 17th
day of August, 1981.
.. ...
mas E. Harms, Chairman
AT'I~ST:
S
Michael Freeman, Secretary
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