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HomeMy WebLinkAbout17-069 2017 Overlay Projects 4646 Dakota Street SE Prior Lake, MN 55372 RESOLUTION 17-069 A RESOLUTION ACCEPTING BIDS AND AUTHORIZING THE MAYOR AND CITY MANAGER TO EXECUTE THE CITY’S STANDARDIZED CONSTRUCTION CONTRACT FOR THE 2017 STREET OVERLAY PROJECT Motion By: McGuire Second By: Burkart WHEREAS, The City of Prior Lake is committed to improving the streets within the City by providing continued maintenance; and WHEREAS, Continued maintenance of City streets will reduce the need of costly reconstruction in the near future and; WHEREAS, A total of 4 bids were received for the identified improvements as follows: Northwest Asphalt $442,050.60 Bituminous Roadways $472,395.00 McNamara Contracting $497,000.00 Valley Paving $525,489.56 WHEREAS, Northwest Asphalt is the lowest responsible bidder with a bid amount of $442,050.60 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. The Mayor and City Manager are hereby authorized to execute the City’s Standardized Construction Contract for the identified street overlays with Northwest Asphalt for an estimated cost of $442,050.60. The funds will be drawn from the Permanent Improvemen t Revolving (PIR) Fund F450 which will be established as part of the 2017A bond sale that will be brought to Council on June 12. Construction contract expenditures will be charged to 450-43100.00-54010.01 3. The City Council authorizes a transfer of $120,000 from the General Fund to the PIR Fund as part of the Street Overlay funding. Passed and adopted by the Prior Lake City Council this 22nd day of May, 2017 VOTE Briggs McGuire Thompson Braid Burkart Aye ☒ ☒ ☒ ☒ ☒ Nay ☐ ☐ ☐ ☐ ☐ Abstain ☐ ☐ ☐ ☐ ☐ Absent ☐ ☐ ☐ ☐ ☐ ______________________________ Frank Boyles, City Manager