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RESOLUTION 95 - <br />• A RESOLUTION FOR THE CITY OF ELK RIVER <br />A RESOLUTION ACCEPTING BID AND AUTHORIZING <br />EXECUTION OF CONTRACT IN THE MATTER OF THE <br />OVERLAY IMPROVEMENT OF 1995 <br />Vt%,FH°:REAS pursuant to Resolution 95-40, competitive bids were solicited and received for the <br />1995 Overlay improvement as set forth in the bid tabulation attached hereto at3d <br />incorporated herein by this reference; and <br />WH.~:R.EAS the City Council has considered the amount of the bids and the responsibility of the <br />bidders and determined that Master Asphalt, Inc., is the lowest responsible bidder; <br />NOW , THEREFORE, BE IT RESOLVED by the City Council of the City of Elk River, <br />Minnesota. <br />1. The Mayor and City Administrator are authorized and directed to execute, on behalf of the <br />City, such contract with Master Asphalt, Inc., as is approved by the City Attorney for the <br />completion of the 1995 Overlay improvement according to the approved plans and <br />• specifications designated in Resolution 95-40. <br />2. The City Administrator is authorized and directed to forthwith return to all bidders the <br />deposits made with their bids upon execution of the contract above specifed. <br />Passed and adopted this 28th day of August, 1995. <br />Henry A. Duitsman, Mayor <br />AT'1'~:ST: <br />Sandra A. Thackeray, City Clerk <br />• <br />