Loading...
HomeMy WebLinkAbout22-044 Downtown South Reconstruction Project (City Project 20-11) 4646 Dakota Street SE Prior Lake, MN 55372 RESOLUTION 22-044 A RESOLUTION ACCEPTING BIDS AND AWARDING THE CITY’S STANDARDIZED CONSTRUCTION CONTRACT FOR THE DOWNTOWN SOUTH RECONSTRUCTION PROJECT Motion By: Burkart Second By: Thompson WHEREAS, Pursuant to an advertisement for bids for the Downtown South reconstruction project, which includes sanitary sewer, 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, COMPANY BID AMOUNT* Ryan Contracting Co. $4,347,760.30 Northwest Asphalt $4,631,596.64 BCM Construction, Inc. $4,694,549.83 Heselton Construction, LLC $4,796,333.16 McNamara Contracting $4,916,675.57 S.M. Hentges & Sons, Inc. $5,095,809.42 GMH Asphalt Corporation $5,157,691.21 Meyer Contracting Inc. $5,191,066.41 Geislinger & Sons $5,841,805.46 WHEREAS, Ryan Contracting Co. 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. Ryan Contracting Co. is the lowest responsible bidder. 3. The Mayor and City Manager are hereby authorized to enter into the City’s standard contract with Ryan Contracting Co. in the name of the City of Prior Lake for the Downtown South reconstruction project in the amount of $4,347,760.30. 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: M:\City Clerk\CITY COUNCIL\Resolutions\2022\22-044 Downtown South Reconstruction Project (City Project 20-11).docx 2 DOWNTOWN SOUTH RECONSTRUCTION PROJECT PROPOSED FUNDING Tax Levy $1,294,160 Assessment $806,814 ARPA Grant Revenue $1,750,000 Utility Fund - Sewer $513,153 Utility Fund - Water $832,290 Water Quality Fund $3,709 Municipal State Aid $583,161 Total $5,783,287 6. Construction costs will be recorded in the Construction Fund (#501-43500.00-55050.00) for the Downtown South Reconstruction 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 2022. 9. Proceeds from the bond sale will be deposited in the Construction Fund. Passed and adopted by the Prior Lake City Council this 21st day of March 2022. VOTE Briggs Thompson Burkart Braid Churchill Aye ☒ ☒ ☒ ☒ ☒ Nay ☐ ☐ ☐ ☐ ☐ Abstain ☐ ☐ ☐ ☐ ☐ Absent ☐ ☐ ☐ ☐ ☐ ______________________________ Jason Wedel, City Manager