Resolution 40-00 Awarding Bid

WHEREAS, pursuant to an advertisement for bids for the improvement of various streets further described in Exhibit A, as attached hereto and made a part hereof, in the City of Mountain Iron, bids were received, opened and tabulated according to law, and the following bids were received complying with the advertisement:

Mesabi Bituminous $237,857.75

Hardrives, Inc. $260,732.20

WHEREAS, it appears that Mesabi Bituminous of Gilbert, MN, is the lowest responsible bidder.

NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF MOUNTAIN IRON, MINNESOTA:

1. The Mayor and Administrator are hereby authorized and directed to enter into the contract with Mesabi Bituminous of Gilbert, MN, in the name of the City of Mountain Iron for the improvement of various streets further described in Exhibit A, as attached hereto and made a part hereof, according to the plans and specifications therefore approved by the City Council and on file in the office of the City Administrator.

2. The City Administrator is hereby authorized and directed to return forthwith to all bidders the deposits made with their bids, except that the deposits of the successful bidder and the next lowest bidder shall be retained until a contract has been signed.

Duly Adopted by the City Council This 21st Day Of August, 2000.

EXHIBIT A

21st Avenue West From 8th Street South to 9th Street South

Greenwood Lane From Mineral Avenue to Fairview Lane

Old Highway 169 From Slate Street to West

Spruce Drive From County 7 to North Court

Main Street From Slate Street to Mineral Avenue

5th Avenue From County 109 to 2nd Street

Merritt Place From Greenwood Lane to Park Drive

Aspen Lane From Tamarack Drive to Spruce Drive

Balsam Drive From Aspen Lane to Spruce Drive

Mesabi Avenue From Locomotive Street to Agate Street

2nd Street From RR Grade to Parkville Road

North Court