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City Council Resolution 2007-12CITY OF MONTICELLO RESOLUTION NO. 2007-12 ACCEPTING IMPROVEMENT 2005 CORE STREET IMPROVEMENTS CITY PROJECT NO. 2005-01C WHERE,4S, pursuant to a written contract signed with the City of Monticello on June 14, 2005 Knife River Corporation (Formerly Buffalo Bituminous) of Buffalo, Minnesota has satisfactorily completed the improvements to River Street, and Sandy Lane from Chestnut Street to Otter Creek Road, Willow Street and Oak Lane in accordance with such contract: NOW THEREFORE, BE 1T HEREEYRESOL VED BY THE CITY CO UNCLE OF 7HE CHY 0dG`M0A1TLCEU0. That the work completed under said contract is hereby accepted subject to: i . Satisfactory showing that the contractor has complied with the provisions of Minnesota Statutes 290.92 requiring withholding state income tax. 2. Evidence in the form of an affidavit that all claims against the contractor by reasons of the contract have been fully paid or satisfactorily secured. 3. Consent of Surety to Final Payment certification from the contractor's surety. 4. Two year maintenance bond covering the period from January 3, 2007 until January 3, 2009. Adopted by the Monticello City Council this 20 day of February, 2007. C rnt Herbst, Mayor ATTEST: (��4ctjz�l Jeff 03911t Administrator