01-0315R

RESOLUTION AUTHORIZING THE EXECUTION OF AN AGREEMENT WITH ONEIDA REALTY COMPANY, INC., REGARDING THE OPERATION OF THE MINNESOTA SLIP PEDESTRIAN DRAW BRIDGE, IN THE ESTIMATED AMOUNT OF $27,900 PER YEAR.

BY PRESIDENT EDWARDS:

        RESOLVED, that the proper city officers are hereby authorized to execute a two-year agreement with the Oneida Realty Company, Inc., relating to the operation of the pedestrian draw bridge over Minnesota Slip; payments thereunder, in the estimated amount of $27,900 per year, to be paid from General Fund 0100, Dept./Agency 500, Organization 1925, Object 5455.



STATEMENT OF PURPOSE: This resolution authorizes the execution of an agreement between the city and Oneida Realty Company under which it will operate the pedestrian draw bridge at the mouth of Minnesota Slip for a two-year period, effective year 2001 and year 2002 with an option to renew for one additional year in the estimated amount of $27,900 per year payable under General Fund 100. Oneida Realty Company was the only vendor to respond out of seven companies who were invited to bid. Oneida Realty Company has been maintaining the pedestrian draw bridge for the city since 1995. The unobligated amount in Object 5455 is $28,000. Bid No. 01-0147

Tabulation of bids received March 19, 2001: Oneida Realty Company, Duluth, MN - $27,900