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WHEREAS, pursuant to an advertisement for bids for the Inwood Water Tower (No. 4), <br />bids were received, opened, and tabulated according to law, and bids were received complying <br />with the advertisement; and <br />WHEREAS, bids were tabulated, checked and summarized to verify that all <br />requirements of the submittals were met; and <br />WHEREAS, the project engineer reviewed the bids and has provided a letter <br />recommending the award of the contract to the lowest responsible bidder, CB&I Inc., for the <br />Base Bid in the amount of $2,395,000. <br />1. The Mayor and City Clerk are hereby authorized and directed to enter into a Contract in <br />accordance with the above ordered Project, in the amount of the Contractor's lowest <br />responsible bid, and according to the plans and specifications thereof approved by the <br />City Council. <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 the <br />next two lowest bidders shall be retained until a contract has been signed. <br />ADOPTED BY THE LAKE ELMO CITY COUNCIL ON THE FIFTEENTH DAY OF <br />MARCH 2016. <br />CITY OF LAKE ELMO <br />I Y* <br />lk <br />Mike Pearson <br />Mayor <br />affilm <br />Z <br />JOohnson e 111-r - <br />),,j <br />City Clerk <br />Resolution No. 2016-16 <br />