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03-45RESOLUTION NO. 2003-45 RESOLUTION ACCEPTING BID WHEREAS, pursuant to an advertisement for bids for the Construction of the extension of Improvement Project No. 02-10 85th Street NE (MSAP 217-102-04), No. 02-06 851h Street NE (MSAP 217-102-05) and No. 02-09 Page Avenue NE Street Construction, bids were received, opened and tabulated according to law, and the following bids were received complying with the advertisement: Dresel Contracting, Inc. $1,772,947.80 Buffalo Bituminous $1,924,007.75 Midwest Asphalt $1,944,496.69 Hardrives $1,952,445.19 Doboszenski & Sons $2,293,211.05 AND WHEREAS, it appears that Dresel Contracting of Chisago City, 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 Dresel Contracting of Chisago City, Minnesota in the name of the Improvement of the Construction of Improvement Project No. 02-10 85th Street NE (MSAP 217-102-04), No. 02-06 85th Street NE (MSAP 217-102-05) and No. 02-09 Page Avenue NE Street Construction, 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 28th day of April 2003. Larry Fournier, Mayor