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<br />. <br /> <br />RESOLUTION 92 - .!1L <br />A RESOLUTION FOR THE CITY OF ELK RIVER <br /> <br />A RESOLUTION ACCEPTING BID AND AUTHORIZING <br />EXECUTION OF CONTRACT IN THE MATTER OF THE <br />HOLT AVENUE AND 4TH STREET IMPROVEMENT OF 1992 <br /> <br />WHEREAS, pursuant to Resolution 92-77, competitive bids were solicited and received for the Holt <br />Avenue and 4th Street improvement as set forth in the bid tabulation attached hereto and <br />incorporated herein by this reference; and <br /> <br />WHEREAS, the City Council has considered the amount of the bids and the responsibility of the <br />bidders and determined that Bituminous Consulting and Contracting, Inc., is the lowest <br />responsible bidder; <br /> <br />NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Elk River, Minnesota: <br /> <br />. <br /> <br />1. <br /> <br />The Mayor and City Administrator are authorized and directed to execute, on behalf of the City, <br />such contract with Bituminous Consulting and Contracting, Inc., as is approved by the City <br />Attorney for the completion of the Holt Avenue and 4th Street improvement according to the <br />approved plans and specifications designated in Resolution 92-77. <br /> <br />2. The City Administrator is authorized and directed to forthwith return to all bidders the deposits <br />made with their bids upon execution of the contract above specified. <br /> <br />Passed and adopted this 21st day of September, 1992. <br /> <br />ATTEST: <br /> <br />J~ 11-~ <br /> <br />James A. Tralle, Mayor <br /> <br /> <br />Sandra A. Thackeray, City Clerk <br /> <br />. <br /> <br />146-1601.sep <br /> <br />