00-0303R

RESOLUTION AWARDING CONTRACT TO TENSION ENVELOPE CORPORATION, INC., FOR BILLING ENVELOPES, IN THE AMOUNT OF $16,683.23.

BY COUNCILOR EDWARDS:

RESOLVED, that Tension Envelope Corporation, Inc., be and hereby is awarded a contract for furnishing and delivering the annual amount of approximately 500,000 billing envelopes for the billing operations division in accordance with specifications on its low specification bid of $16,683.23, terms net 30, FOB destination, payable out of Water Fund 510, Dept./Agency 900, Organization 0515, Object 5203.



STATEMENT OF PURPOSE: This resolution will authorize the purchase of approximately 500,000 billing envelopes from Tension Envelope Corporation for $16,683.23 to be paid from Fund 510 (40%) and Fund 520 (60%), Agency 900, Object 5203.  Tension Envelope was the only bid of the three companies listed below who responded.  The estimated budget amount was $16,000.  Bid No. 00-0442
 
Tabulation of bids received April 11, 2000:
Tension Envelope Corporation, Inc., Minnetonka, MN $ 16,683.23
American Business Forms, Inc., Duluth, MN No Bid
Northern Business Forms, Inc., Duluth, MN No Bid