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11-10514rRESOLUTION NO. 10514 RESOLUTION ACCEPTING BIDS FOR THE RECONDITIONING OF THE LOGAN AVENUE WATER TOWER (7420 LOGAN AVENUE SOUTH) AND AWARDING A CONTRACT TO TMI COATINGS, INC. IN THE AMOUNT OF $796,000.00 EFFECTIVE MAY 23, 2011. WHEREAS, the City Council of the City of Richfield has adopted Transitory Ordinance No. 18.74, approving a capital improvement to the Logan Avenue Water Tower pursuant to Section 8.04 and 8.05 of the Richfield City Charter; and WHEREAS, Transitory Ordinance No. 18.74 has an effective date of May 22, 2011; and WHEREAS, in accordance with applicable state law and city ordinance, the City solicited bids for the proposed water tower reconditioning contract; and WHEREAS, a bid opening was held on May 3, 2011. NOW, THEREFORE, BE IT RESOLVED AS FOLLOWS: The bids referenced on the attached bid tabulation form are accepted. 2. The contract for the reconditioning of the Logan Avenue Water Tower (7420 Logan Avenue) is awarded to TMI Coatings, Inc. in the amount of $796,000.00 effective as of May 23, 2011. 3. The Mayor and City Manager are authorized and directed to execute the contract documents on behalf of the City, no earlier than May 23, 2011. Adopted by the City Council of the City of Richfield, Minnesota this 10th day of May, 2011. Debbie Goettel, Mayor ATTEST: Nancy Gibbs 'ty Clerk