03-50RESOLUTION NO. 2003-50
RESOLUTION ACCEPTING BID
WHEREAS, pursuant to an advertisement for bids for the Construction of
Improvement Project No. 03-02, Elevated Water Storage Tank And Tower #2, bids were
received, opened and tabulated according to law, and the following bids were received
complying with the advertisement:
CB & 1 $1,162,600.00
Caldwell $1,392,000.00
AND WHEREAS, it appears that CB & I of Clive, Iowa 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 CB & I of Clive, IA in the name of the Elevated Water Storage Tank And
Tower #2 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 12th day of May 2003.
' Larry Fournier, Mayor
udy Hudson, Clerk
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