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RES 12-48RESOLUTION NO. 2012-48 RESOLUTION ACCEPTING BID WHEREAS, pursuant to an advertisement for bids for the construction of City of Otsego, 2012 Street Maintenance Project, Improvement Project 12-01 bids were received, opened and tabulated according to law, and the following bids were received complying with the advertisement: Total Base Bid Pearson Bros., Inc. $352,083.75 Allied Blacktop Company $380,666.25 Caldwell Asphalt Co., Inc. $399,938.25 Asphalt Surface Technologies Corp. $421,537.50 AND WHEREAS, it appears that Pearson Bros., Inc. of Hanover, 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 Pearson Bros., Inc. of Hanover, Minnesota in the name of the City of Otsego for the 2012 Street Maintenance Project, Improvement Project 12-01 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 bond 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 29th day of May, 2012. Motioned By: CM HEIDNER Seconded By: CM SCHARBER Allin Favor: MAYOR STOCKAMP; COUNCILMEMBERS: HEIDNER, SCHARBER, DARKENWALD AND SCHROEDER Those Opposed: NONE Jzi —Iy� ��L Tami Loff, Clerk Res12-48 accepting bid