08-31-1981 Town Board MinutesState of Minnesota The Town Board of the Town of Otsego met this 31st
County of Wright day of August, 1981.to receive bids for the bitu-
Town of Otsego minous paving of 2 projects, Otsego Acres 1st
2nd Additions and Vasseurs Oak Grove Estates as
one project and 80th Stl one mile West from Co. 19 to Kadler Av, then
North on Kadler Av. z mile to 85th St. and then West on 85th St. 1 mile
to the Otsego - Monticello town line.
The Bidders were requested to bid the projects two ways; one bid
for immediate construction and a second alternative bid which would
allow the township to postpone construction and the sale of bonds for
up to 240 days.
The bids were received and opened at 10:00 a.m. on August 31, 1981.
The bids and bidders were as follows:
Total Base Bid
Buffalo Bituminous, Inc. ?370.00
Valley Paving, Inc. 245,086.50
N.D.H. Inc. 243,489.50
Alternative Bid
$i23,1557UO
247,893.00
249,349.50
The Town Board convened at 8:00 p.m. August 31, 1981 to consider the
bids.Present were Chairman William Schulz, Supervisors Lloyd Beaudry,
and Douglas Lindenfelser, Clerk Jerome Perrault, Engineer Pete Raatikka
and Attorney Bill Radzwill.
Bill Radzwill addressed the Board and explained that the Engineer
had requested bids for now and an alternative bid for construction in
the spring of 1982 reason being because the present Bond Market has a
high interest rate of around 12% and hopefullyby waiting intil Feb"
ruary, 1982, to sell the bonds a better (lower) interest rate could be
obtained. He recommended that the Board consider the Alternative Bids
and wait for a better Bond Market, probably in February, 1982.
Pete Raatikka Engineer recommended that the project be awarded to
Buffalo Bituminous, Inc. The low bidder, a local reliable contractor,
since their alternative bid was only $1,185.00 more than their base bid,
the Town Board would have the option of waiting up to 240 days and
selling bonds at a later date.
Motion by Lloyd Beaudry to accept the alternative bid of Buffalo
Bituminous Inc. at $223,155.00 and to delay the start of construction
and the sale of bonds for up to 240 days. Seconded by Douglas Linden-
felser, passed unanimously.
A petition was received at the meeting signed by nearly all resi-
dents of Vasseur's Oak Grove Estates requesting that the streets in
Vasseur's Oak Grove Estates (87th Street and part of O'Brian Av.) not
be included in the project and not be paved. The Board requested Engin-
eer Pete Raatikka to contact Buffalo Bituminous, Inc. to see if they
would consider eliminating that part of the project as they had already'
bid the project.
On motion the meeting adjourned.
Attest: