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• <br />CITY OF LINO LAKES <br />RESOLUTION NO. 05 -58 <br />RESOLUTION ACCEPTING BIDS AND AWARDING A CONSTRUCTION CONTRACT - 2005 <br />STREET SEALCOATING PROJECT. <br />WHEREAS, pursuant to an advertisement for bids for the construction of 2005 Street <br />Sealcoating project, bids were received, opened and tabulated according to law, and <br />the following bids were received complying with the advertisement: <br />Contractor Amount of Bid <br />Pearson Bros., Inc $ 48,235.00 <br />Allied Blacktop $ 58,276.50 <br />Astech Corp. $ 77,020.00 <br />Engineer's Estimate $ 68,427.50 <br />AND WHEREAS, it appears that Pearson Bros., inc. is the lowest responsible bidder; <br />NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF <br />LINO LAKES, MINNESOTA: <br />1. The Mayor and Clerk are hereby authorized and directed to enter into a contract <br />with Pearson Bros., Inc., in the name of the City of Lino Lakes for the construction of <br />the 2005 Street Sealcoating Project according to the plans and specifications <br />approved by the City Council and on file in the office of the City Clerk. <br />2. The City Clerk is hereby authorized and directed to return forthwith to all bidders the <br />deposits made with their bids, except that the deposits of the successful bidder and <br />the next lowest bidder shall be retained until a contract has been signed. <br />Adopted by the Lino Lakes City Council this 25th day of April, 2005. <br />Ann J. Blair, if Clerk <br />• <br />John erge , Mayor <br />