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RES 16-60RESOLUTION NO. 2016-60 RESOLUTION ACCEPTING BID AND AWARDING CONTRACT WHEREAS, pursuant to an advertisement for bids for City of Otsego Improvement Project No. 601-2016-01, Water Tower 1 Reconditioning bids were received, opened and tabulated according to law, and the following bids were received complying with the advertisement: Total Base Bid 1. Osseo Construction Co. LLC $390,050.00 2. Classic Protective Coatings Inc. $455,600.00 3. TMI Coatings Inc. $534,500.0.0 4. Champion Coatings Inc. $561,250.00 AND WHEREAS, it appears that Osseo Construction Co. LLC 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 Osseo Construction Co. LLC in the name of the City of Otsego Water Tower 1 Reconditioning, Improvement Project No. 601-2016-01, according to the 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 27th day of June, 2016. Motioned By: Schroeder Seconded By: Heidner All in Favor: Stockamp, Heidner, Schroeder, Warehime Those Opposed: None 16/1 JeVsica Stockamp, Mayor Tami Loff, Clerk