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07-25RESOLUTION NO. 2007-25 RESOLUTION ACCEPTING BID WHEREAS, pursuant to an advertisement for bids for the construction of City of Otsego, Improvement Project No. 06-05, Well No. 8, Raw Water Line and Pumphouse No. 2 Improvements, bids were received, opened and tabulated according to law, and the following bids were received complying with the advertisement: Rice Lake Construction Eagle Construction Base Bid $799,700.00 $908,000.00 AND WHEREAS, it appears that Rice Lake Construction of Deerwood, 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 Rice Lake Construction of Deerwood, Minnesota in the name of the City of Otsego for the Improvement Project No. 06-05, Well No. 8, Raw Water Line and Pumphouse No. 2 Improvements, 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 19th day of April, 2007. Motioned By: CM Stockamp Seconded By: CM Darkenwald Allin Favor: Mayor Fournier; Councilmebers: Heidner, Stockamp, Thorsted and Darkenwald Those Apposed: None Larry urnier, Mayor