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04-44RESOLUTION NO. 20C4-44 RESOLUTION ACCEPTING BID WHEREAS, pursuant to an advertisement for bids for the Construction of Improvement Project No. 04-03, MacIver Avenue Reconstruction, bids were received, opened and tabulated according to law, and the following bids comply with the advertisement: Buffalo Bituminous $2,558,910.34 R.L. Larson Excavating $2,596,633.55 Dennis Fehn Gravel and Excavating $2,641,753.76 S.R. Weidema $2,751,060.85 Ryan Contracting $2,919,095.86 C.S. McCrossan $3,214,804.10 AND WHEREAS, it appears that Buffalo Bituminous of Buffalo, MN 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 of Buffalo MN in the name of MacIver Avenue Reconstruction, 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 July 2004. Larry Fournier, Mayor