HomeMy WebLinkAbout93-06 - ADMIN Resolution - Economic Development Authority - 1993/10/04RESOLUTION NO. EDA 6-93
V11GROFILMED
RESOLUTION ACCEPTING BID AND AUTHORIZING EXECUTION OF CONTRACT
FOR THE INSTALLATION OF TOWER PLACE PARKING RAMP
FOUNDATION SYSTEM
WHEREAS, pursuant to advertisement for bids for this project,
bids were received, opened and tabulated by the Director of
Public Works on September 9, 1993, said bid was as follows:
Bidder: Frontier Foundations
Total bid: ,$905,950
WHEREAS, it has been determined by the Economic Development
Authority that Frontier Foundations appears to be the lowest
responsible bidder,
NOW, THEREFORE, BE IT RESOLVED by the Economic Development
Authority of the City of St. Louis Park, Minnesota that:
1. It appears that Frontier Foundations is the lowest responsible
bidder;
2. The President and Executive Director of the EDA are hereby
authorized and directed to enter into a contract with Frontier
Foundations in the amount of $905,950 in the name of the Economic
Development Authority of the City of St. Louis Park for the
installation and construction of a pile foundation system for the
Tower Place parking ramp according to the plans and
specifications approved by the Economic Development Authority and
on file in the office of the Director of Public Works.
3. The award of contract and start of construction for this
project is contingent upon:
1. Approval by MnDOT of the off-site road improvements;
2. Closing on the Tower Place land; and
3. A Letter of Credit or cash from Park Nicollet for the costs of
the ramp that are in excess of $4.5 million
Adopted by the Economic Development Authority on
October 4, 1994
xecutive Dire o
W '
1196 icrent (Acting)
1