BY COUNCILOR STOVER:
RESOLVED, that KGM Contractors, Inc., be and hereby is awarded a contract for construction of the Airport Road parking lot in accordance with specifications on its low combined bid of $862,824, terms net 30, FOB destination, payable out of the Permanent Improvement Fund 411, Department/Agency 035, Object 5530, Project P10561TR - Cirrus parking lot.
STATEMENT OF PURPOSE: This resolution will award a contract to KGM Contractors, Inc., for the construction of the Airport Road parking lot based on its low combined bid of $862,824, payable from the permanent improvement fund.
The proposed project also includes the construction of a 947-foot by 182-foot paved parking lot, stormwater treatment, overhead lighting and landscaping.
KGM, Contractors, Inc., from Angora, Minnesota, was the lowest of seven
combined bids submitted. (Each bid total was the sum of a base bid and two