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06-71RESOLUTION NO. 71 RESOLUTION ACCEPTING BID WHEREAS, pursuant to an advertisement for bids for the construction of City of Otsego, Improvement Project No. 06-02, Elevated Water Storage Tank and Tower #3, bids were received, opened and tabulated according to law, and the following bids were received complying with the advertisement: Base Bid Pittsburg Tank and Tower $2,039,600.00 CB & I Constructors $2,066,000.00 Caldwell Tanks $2,474,000.00 AND WHEREAS, it appears that Pittsburg Tank and Tower Company Elevated Division, Inc. of Sebree, Kentucky 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 Pittsburg Tank and Tower Company Elevated Division of Sebree, Kentucky in the name of the City of Otsego for the Improvement Project No. 06-02, Elevated Water Storage Tank and Tower #3, 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 11th day of September, 2006. Motioned By: Seconded By: All in Favor: Those Apposed: CM Jessica Stockamp CM Dan Scharber Mayor Larry Fournier; Councilmembers: Vern Heidner, Dan Scharber, Jessica. Stockamp and Mark Thorsted NONE Lar ur ier, Mayor _ &AAA y imn, Clerk ot521 ResAcceptBid