HomeMy WebLinkAbout93-07 - ADMIN Resolution - Economic Development Authority - 1993/10/04RESOLUTION NO. EDA 7-93
�41CROFILMED
RESOLUTION ACCEPTING BID AND AUTHORIZING EXECUTION
OF A CONTRACT FOR THE CONSTRUCTION OF THE
TOWER PLACE PARKING RAMP
WHEREAS, pursuant to advertisement for bids for the construction
of the Tower Place parking ramp, bids were received, opened and
tabulated by the Director of Public Works on September 22, 1993.
Said bids were as follows:
Bidder Base Bid Add Alternate
Adolfson & Peterson $4,263,000 $35,000
Knutson Construction $4,418,000 $37,000
PCL $4,485,000 $35,000
Sheehy Construction $4,691,000 $35,000
Lovering & Johnson $4,776,000 $34,850
Total bid
$4,298,000
$4,455,000
$4,520,000
$4,726,000
$4,810,850
WHEREAS, it appears that Adolfson & Peterson is the lowest
responsible bidder; and
WHEREAS, the add alternate is not necessary for this project and
therefore has been rejected,
NOW, THEREFORE, BE IT RESOLVED by the Economic Development
Authority of the City of St. Louis Park, Minnesota that:
f 1. It appears the Adolfson & Peterson is the lowest responsible
1 bidder;
2. The President and Executive Director of the EDA are hereby
authorized and directed to enter into a contract in the amount of
$4,263,000 with Adolfson & Peterson in the name of the Economic
Development Authority for the construction of the Tower Place
parking ramp according to the plans and specifications approved
by the EDA and on file in the office of the Director of Public
Works.
3. This contract award and start of construction is contingent
upon the approval by MnDOT of the off-site road improvements, the
closing of the land for the Tower Place site and a Letter of
Credit or cash from Park Nicollet Medical Center to cover the
costs in excess of the $4.5 million that had been previously
agreed to by the EDA and Park Nicollet Medical Center in the
Redevelopment Agreement for the construction of the parking ramp.
Adopted by the Economic Development Authority on
October 4, 1993
Pr ident (acting)
E cutive Director