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95-20RESOLUTION NO. qg—'D 0 RESOLUTION ACCEPTING BID PUBLIC IMPROVEMENT PROJECT NO. 94-2 CITY OF OTSEGO WHEREAS, pursuant to an advertisement for bids for the construction of NE 70th Street (CSAH 37) and Odean Avenue Intersection, bids were received, opened and tabulated according to law, and the following bids were received complying with the advertisement: Buffalo Bituminous, Inc. Bauerly Bros. Valley Paving Hardrives, Inc. $307,979.25 322,955.67 324,460.40 404,215.81 AND WHEREAS, it appears that Buffalo Bituminous, Inc. of Buffalo, 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 Buffalo Bituminous, Inc. of Buffalo, Minnesota in the name of the City of Otsego for the construction of NE 70th Street (CSAH 37) and Odean Avenue Intersection 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 and directed to return forthwith to all bidders the deposits made with their bids, except that the deposits of the successful bidder and the next lowest bidder shall be retained until a contract has been signed. 7'Z� Adopted by the Otsego City Council this day of 1995. aez; 'Way or ACTING MAYOR C y Clerk V