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RES 14-52RESOLUTION NO. 2014-52 RESOLUTION ACCEPTING BID WHEREAS, pursuant to an advertisement for bids for the construction of City of Otsego, 2014 Micro -surfacing Project, bids were received, opened and tabulated according to law, and the following bids were received complying with the advertisement: Total Base Bid Asphalt Surface Technologies, Inc. $165,252.63 AND WHEREAS, it appears that Asphalt Surface Technologies, Inc. of St. Cloud, Minnesota is the lowest responsible bidder, NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF OTSEGO MINNESOTA: 1. The mayor and clerk are hereby authorized and directed to enter into a contract with Asphalt Surface Technologies, Inc. of St. Cloud, Minnesota in the name of the City of Otsego for the 2014 Micro -surfacing Project, according to the plans and specifications therefore approved by the city council and on file in the office of the City Clerk. 2. The City Clerk is hereby authorized to retain the bid bond of the successful bidder until a contract has been signed. Adopted by the city council this 28th day of July, 2014. Motioned By: Heidner Seconded By: Schroeder All in Favor: Heidner, Schroeder, Warehime Those Opposed: None Tami Loff, Clerk RES 14-52 OT387ResACCEPT BID