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HomeMy WebLinkAbout95-49 - ADMIN Resolution - City Council - 1995/04/03RESOLUTION NO. 95-49 RESOLUTION ACCEPTING BID AND AUTHORIZING EXECUTION OF A CONTRACT AND A FINANCING mr AGREEMENT FOR IMPROVEMENT PROJECT NO. 94-27 WHEREAS, pursuant to an advertisement for bids for improvement project No. 94-27, bids were received, opened, and tabulated by the Director of Public Works on March 8, 1995. Said bids were as follows: Bidder Bid Price Twin City Electric $ 367,665.00 NewMech Companies, Inc. 371,900.00 GHT Construction 394,700.00 Rice Lake Contracting 400,000.00 Total Mechanical 420,000.00 Northwest Mechanical 484,837.00 Engineers Estimate $ 334,000.00 WHEREAS, it appears that Twin City Electric of Bloomington, Minnesota, is the lowest responsible bidder; and NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of St. Louis Park, Minnesota that: 1. The Mayor and City Manager are hereby authorized and directed to enter into a contract in the amount of $367,665.00 with Twin City Electric in the name of the City of St. Louis Park, for improvement project No. 94-27 according to the plans and specifications approved by the City Council and on file in the office of the Director of Public Works. 2. The City Clerk is hereby authorized and directed to return to all bidders the deposits made with their bids in accordance with the bid documents, except that the deposit of the successful bidder and the next lowest bidder shall be retained until a contract has been executed. 3. The Mayor and City Manager are hereby authorized and directed to enter into the Government Program Financing Agreement with Northern States Power Company (NSP) for improvement project No. 94-27. Adopted by the City Council April 3, 1995 Reviewed for administration: Ate`►? City Manager A4deitue loot mdc. Approved as to form and execution: -c-e fiet . Vx.o.%,Qct City Attorney