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88-119 e - e, CITY OF CHANHASSEN CARVER AND HENNEPIN COUNTIES, MINNESOTA DATE: November 14, 1988 RESOLUTION NO: 88-119 MOTION BY: Horn SECONDED BY: Johnson A RESOLUTION REJECTING THE BIDS FOR MINNEWASHTA MEADOWS IMPROVEMENT PROJECT 88-2 WHEREAS, on June 13, 1988 the City Council approved the construction plans and specifications for utility and roadway improvements to the Minnewashta Meadows Subdivision. On July 7, 1988, bids were opened and a construction contract was awarded to Northdale Construction Company on July 11, 1988 in the amount of $98,027.95. WHEREAS, the City has found it necessary to withhold authori- zation to proceed on this project because the developer has not been able to provide the City with the necessary financial security as called for in the Development Contract. NOW, THEREFORE, BE IT RESOLVED BY THE CHANHASSEN CITY COUNCIL that due to the significant time that has elapsed since the award of contract, and since in discussions with the developer, Gary Carlson, it does not appear that he will be able to provide the City with the necessary financial securities in time for this construction season, the City Council formally rejects the bids for Public Improvement Project 88-2. Passed and adopted by the Chanhassen City Council this 14th day of November , 1988. ATTEST: A1~ Don Ashworth, City Manager ~tifZ YES NO ABSENT Geving Boyt Johnson Horn None Hamilton