Res 2000 - 38 Accepting Bids & Awarding Contract for Proposed Street Reconstruction & Rehabilitation Improvements to Serve Delaware Crossing, Ivy Falls, Rogers Lake & Surrounding Areas Jobs Nos. 200001/200002, Improvement No. 2000, Project No. 1)City of Mendota Heights
Dakota County, Minnesota
RESOLUTION NO. 00 -38
RESOLUTION ACCEPTING BIDS AND AWARDING CONTRACT FOR
PROPOSED STREET RECONSTRUCTION AND REHABILITATION
IMPROVEMENTS TO SERVE
DELAWARE CROSSING, IVY FALLS, ROGERS LAKE
AND SURROUNDING AREAS
(JOB NOS. 200001 & 200002, IMPROVEMENT NO. 2000, PROJECT NO. 1)
WHEREAS, pursuant to an advertisement for bids for proposed storm sewer,
concrete curb and gutter, street reconstruction improvements and appurtenant work to serve
the neighborhood referred to as Rogers Lake and surrounding areas; and the rehabilitation
of streets and appurtenant work to serve the neighborhoods referred to as Delaware
Crossing, Ivy Falls, Rogers Lake and surrounding areas (Job Nos. 200001 & 200002,
Improvement No. 2000, Project No. 1), bids were received, opened, and tabulated
according to law and the following bids were received complying with said advertisement:
NAME OF BIDDER AMOUNT OF BID
Valley Paving, Inc., Shakopee, MN $913,360.05
Hardrives, Inc., Rogers, MN $949,365.50
Midwest Asphalt Corporation $1,055,978.35
Eden Prairie, MN
Bituminous Roadways, Inc. $1,161,902.75
Inver Grove Heights, MN
and
WHEREAS, the City Engineer recommended that the low bid submitted by Valley
Paving, Inc. of Shakopee, Minnesota, be accepted.
NOW THEREFORE, IT IS HEREBY RESOLVED by the City Council of the City of
Mendota Heights, Minnesota, as follows:
1. That the bids for the above project are hereby received and accepted.
2. That the bid of Valley Paving, Inc. of Shakopee, Minnesota,
submitted for the construction of the above described improvements be
and the same is hereby accepted.
3. That the contract be awarded to Valley Paving, Inc. of Shakopee,
Minnesota, and that the Mayor and Clerk are hereby authorized and
directed to execute and deliver any and all contractors and documents
necessary to consummate the awarding of said bids.
Adopted by the City Council of the City of Mendota Heights this 2nd day of May, 2000.
By
ATTEST:
athleen M. Swanson, City Clerk
CITY COUNCIL
CITY OF MENDOTA HEIGHTS
uber, Acting Mayor
EXTRACT OF MINUTES OF A MEETING OF THE
CITY COUNCIL OF THE CITY OF
MENDOTA HEIGHTS, MINNESOTA
HELD: May 2, 2000
Pursuant to due call and notice thereof, a regular
meeting of the City Council of the City of Mendota Heights,
Dakota County, Minnesota, was duly held at the City Hall in said
City on Tuesday, the 2nd day of May, 2000, at 7:30 P.M., for the
purpose, in part, of considering bids for, and awarding the sale
of, $2,480,000 General Obligation Improvement Bonds of 2000 of
the City.
The following members were present:
Acting Mayor John Huber, Schneeman, Dwyer
and the following were absent: Mertensotto, Krebsbach
The Clerk presented affidavits showing publication of notice
of call for bids on $2,480,000 General Obligation Improvement
Bonds of 2000 of the City, for which bids were to be received at
this meeting, in accordance with the resolution adopted by the
City Council on March 21, 2000. The affidavits were examined,
were found to comply with the provisions of Minnesota Statutes,
Chapter 475, and were approved and ordered placed on file.
The Council proceeded to receive and open bids for the sale
of the Bonds. The following bids were received:
Bidder
1152435.1
Interest Rate Net Interest Cost
(See attached)
BIDS RECEIVED
42,480,00O:
Improvement Bonds of 2000
Sold May 2, 2000
ACCOUNT RATES
Cronin Co. Inc. 5.0,% 2001/06
Miller Johnson Kueh 5.05 2007
Morgan Stanley Dean Witter 5.10 2008
5.15 2000
.5.20 20010
5.25 2011
5.30 2012
5.40 20;33
5.50 2014
5.60 2015
5.65 2016
5.70 2017
Dougherty Company rnc.
U.S.BancPiper Jaffray
DISCOUNT $Cost
$22,400.00
$1,238,664.45
23,883.20
1,240,824.45
23,999.95
1,247,953.08
% RATE
5.43%
5.439%
5.471&