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HomeMy WebLinkAbout15-093 Accept Bids Award Contract Credit River Rd TRN15-000006 b� PRlq� ti U 4646 Dakota Street SE '9�So�A Prior Lake,MN 55372 RESOLUTION 15-093 A RESOLUTION ACCEPTING BIDS AND AWARDING THE CITY'S STANDARDIZED CONSTRUCTION CONTRACT FOR THE CREDIT RIVER ROAD IMPROVEMENT PROJECT (CITY PROJECT#TRN15-000006) Motion By: McGuire Second By: Thompson WHEREAS, Pursuant to an advertisement for bids for Credit River Road Improvement Project(City Project#TRN15-000006) which includes sanitary sewer, forcemain, lift station, water main, storm sewer, aggregate base, concrete curb and gutter, bituminous pavement, turf restoration and appurtenant work; and WHEREAS, Bids were received, opened, and tabulated according to law; and WHEREAS, The following bids were received complying with the advertisement: COMPANY BID AMOUNT CHARD TILING & EXCAVATING $2,776,073.50 RYAN CONTRACTING $2,852,760.50 GEISLINGER & SONS, INC. $3,198,584.81 NORTHWEST ASPHALT $3,723,632.80 and; WHEREAS, Chard Tiling & Excavating is the lowest responsible bidder. NOW THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF PRIOR LAKE, MINNESOTA as follows: 1. The recitals set forth above are incorporated herein. 2. Chard Tiling & Excavating is the lowest responsible bidder. 3. The Mayor and City Manager are hereby authorized to enter into the City's standard contract with Chard Tiling & Excavating in the name of the City of Prior Lake for the Credit River Road Improvement Project (Project#TRN15-000006) in the amount of$2,776,073.50. 4. The City Manager is hereby authorized and directed to return to all bidders the deposits that accompanied their respective bids. 5. The City Council authorizes funding for this project as shown in the following table: Assessments* $283,500.00 Sewer Fund $236,664.06 Water Fund $398,719.39 Water Quality Fund $18,068.32 Street Oversize Fund $179,538.08 Trunk Sewer Fund $1,156,264.34 Tax Lev $836,668.34 Project Total Cost $3,109,422.54 6. Construction costs will be recorded in the Construction Fund (#501-43500.00-55050.00 TRN15- 000006) for the Credit River Road Improvement Project. 7. The City Council authorizes the intent to issue General Obligation Bonds for this project. 8. The City Council authorizes an inter-fund loan from the Water Fund if necessary to provide interim funding until additional bonds are issued in 2015. 9. Proceeds from the bond sale will be deposited in the Construction Fund. PASSED AND ADOPTED THIS 26th DAY OF MAY 2015. VOTE Hedberg Keeney McGuire Morton Thompso Aye Z X EK EK EK Nay ❑ ❑ ❑ ❑ ❑ Abstain ❑ ❑ ❑ ❑ ❑ Absent ❑ ❑ ❑ ❑ ❑ 94* Frank Boyle , ity Manager 2