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07-55RESOLUTION NO. 2007-55 RESOLUTION ACCEPTING BID WHEREAS, pursuant to an advertisement for bids for the construction of City of Otsego Improvement Project No. 07-05, Well No. 3 Redevelopment, Well Pump Replacement and Electrical Revisions at Pumphouse No. 2, bids were received, opened and tabulated according to law, and the following bids were received complying with the advertisement: Base Bid E.H. Renner & Sons, Inc. $132.639.00 Bergerson - Casewell, Inc. $139,790.00 Mark J. Traut Wells, Inc. $140,250.00 AND WHEREAS, it appears that E.H. Renner & Sons, Inc., of Elk River, 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 E.H. Renner & Sons, Inc. of Elk River, Minnesota in the name of the City of Otsego for the Well No. 3 Redevelopment, Well Pump Replacement and Electrical Revisions at Pumphouse No. 2, Improvement Project No. 07-05, 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 27th day of August, 2007. Motioned By: Mayor Fournier Seconded By: CM Stockamp All in Favor: Mayor Fournier; Councilmembers: Heidner, Stockamp, Thorsted and Darkenwald Those Apposed: None Uocu'd'y son, Clerk ume nd SeWngsWamiNy DocumentsNRes07-55W611 I