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05-38RESOLUTION NO. o RESOLUTION ACCEPTING BID WHEREAS, pursuant to an advertisement for bids for the construction of City of Otsego Improvement Project No. 05-06, Waterfront East and Mississippi Shores 6th and 7th Frontage Road Street Lighting, bids were received, opened and tabulated according to law, and the following bids were received complying with the advertisement: Killmer Electric Co., Inc. Design Electric, Inc. Base Bid $125,414.90 $127,779.40 AND WHEREAS, it appears that Killmer Electric Co., Inc. of Crystal, 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 Killmer Electric Co., Inc. of Crystal, Minnesota in the name of the City of Otsego Improvement Project 05-06, Waterfront East and Mississippi Shores 6th and 7th Frontage Road Street Lighting, 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 25th day of July 2005. (5;La ournier, Mayor