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02-30RESOLUTION NO. 2002-30 RESOLUTION ACCEPTING BID WHEREAS, pursuant to an advertisement for bids for the Street Lighting Improvement of Quaday Avenue and 91St Street Traffic Control Signal System and Street Improvements for the Intersection of CSAH 39 and CSAH 42, bids were received, opened and tabulated according to law, and the following bids were received complying with the advertisement: Design Electrical Contractors $520,656.80 Hardrives, Inc. $556,136.30 Vinco, Inc. $581,293.24 W.B. Miller, Inc. $631,999.25 AND WHEREAS, it appears that Design Electrical Contractors, 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 Design Electrical Contractors, Inc. of St. Cloud, Minnesota in the name of the City of Otsego for Street Lighting Improvement of Quaday Avenue and 91St Street Traffic Control Signal System and Street Improvements for the Intersection of CSAH 39 and CSAH 42, 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 bid bonds made with their bids, except that the bid bond of the successful bidder and the next lowest bidder shall be retained until a contract has been signed. Adopted by the City Council this 22nd day of July , 2002. Acting Mayor 11411 Judy Hudson, Clerk G:\Municipal\AOTSEGO\349\OT349ResACCEPT BID.doc