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87-051 . . . RESOLUI'ICN ID. 5(- & 1 RESOLUI'ICN AOCEPl'ING BID FOR SIDREVaD OAKS DEVEIDRVIENl' P.OOJECT \~, pursuant to an advertisement for bids for Shorewood Oaks Development Project No. 87-1, to include trunk watermain, utility, street construction and appurtenant work, bids were received, opened and tabulated according to law, and the following bids were received complying with the advertisement: St. Louis Construction, Inc. Wi dmer , Inc. R.K.I. - Richard Knutson, Inc. Barbarossa & Sons, Inc. Kenko, Inc. Progressive Contractors, Inc. Northdale Construction Co., Inc. G. L. Contracting, Inc. $ 1,348,818.00 $ 1,273,424.50 $ 1,204,594.95 $ 1,274,740.00 $ 1,289,214.00 $ 1,296,045.50 $ 1,384,333.05 $ 1,550.968.98 WHEREAS, it appears that R.K. I. - Richard Knutson, Inc., is the lowest responsible bidder. NM, 1HEREFORE, BE IT RESOLVED by the City Council of the Ci ty of Shorewood, Minnesota, that: 1. The Mayor and Ci ty Clerk are hereby authorized and directed to enter into the attached contract with R.K.I. - Richard Knutson, Inc., in the name of the City of Shorewood for Project No. 87-1, Shorewood Oaks Development Project, according to the plans and specifications therefor approved by the City Council and on file in the office of the City Clerk. 2. The Ci ty Clerk is hereby authorized and directed to return forthwith to all bidders the deposits made with their bids, except that the deposits of the successful bidder and the next lowest bidder shall be retained until a contract has been signed. AOOPIED BY 1lIE CITI axJNCIL of the City of Shorewood this 4th day of May, 1987. Robert Rascop, Mayor ATTEST: Sandra L. Kennelly, City Clerk