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RESOLUTION 80-7 <br /> IMPROVEMENT PROJECT NO. 80-1 <br /> LAKE ORONO DAM REHABILITATION <br /> 411 RESOLUTION ACCEPTING THE BID <br /> WHEREAS, pursuant to an advertisement for bids for the re- <br /> habilitation of Lake Orono Dam, bids were received, <br /> opened and tabulated according to law and the fol- <br /> lowing bids were received complying with the adver- <br /> tisement: <br /> Bidder Amount <br /> Acton Construction $ 876, 630.00 <br /> Industrial Builders 898, 625.00 <br /> Park Construction 1, 033, 880.00 <br /> Arcon Construction 1, 052, 422. 50 <br /> C. S. McCrossan 1,245, 480.00 <br /> and, <br /> WHEREAS, it appears that Acton Construction is the lowest <br /> responsible bidder. <br /> NOW, THEREFORE, BE IT RESOLVED by the Elk River City Council <br /> as follows: <br /> 1. The Mayor and the City Administrator are hereby <br /> authorized and directed to enter into a contract <br /> with Acton Construction for the designated im- <br /> provement. <br /> 2. The Engineer is hereby authorized and directed <br /> to return forthwith to all bidders the deposits <br /> made with their bids, except the three lowest <br /> responsible bidders. When a contract is duly <br /> executed, the deposits of the two remaining <br /> unsuccessful bidders will be returned. The bid <br /> deposit of the successful bidder will be retained <br /> until the performance bond has been executed and <br /> approved, after which the bid deposit will be <br /> returned. <br /> Adopted this 5th day of May, 1980, by the Elk River City Council. <br /> 074e 4)2terAtIN, <br /> Frank Madsen, Mayor <br /> ATTEST: <br /> Ro ert C. M ddaugh <br /> City Administrator/C erk <br />