00-0616R

RESOLUTION AWARDING CONTRACT TO POPULAR SUBSCRIPTION SERVICE, INC., FOR MAGAZINE SUBSCRIPTIONS FOR YEAR 2001, IN THE AMOUNT OF $22,876.35.

BY COUNCILOR NESS:

RESOLVED, that Popular Subscription Service, Inc., be and hereby is awarded a contract for furnishing and delivering 605 magazine subscriptions for the Duluth public library in accordance with specifications on its low specification bid of $22,876.35, terms net 30, FOB destination, $18,876.35 payable out of General Fund 100, Dept./Agency 300, Organization 1701, Object 5590 and $4,000 payable out of Library Special Gifts Fund 740, Dept./Agency 300, Organization SG80, Object 5590.


STATEMENT OF PURPOSE: This resolution will authorize the purchase of approximately 605 magazine subscriptions for $22,876.35 from Popular Subscription Service, Inc., to be paid from General Fund 100 and Library Special Gifts Fund 740. The library requires subscriptions of various magazines for the use by the general public. Bids were sent to six vendors and Popular Subscription Service, Inc., was the only company who responded. The estimated budget amount for this purchase is $24,648. The uncommitted funds in Object 5590 is $250,000. Bid No. 00-0639

Tabulation of bids received August 14, 2000:

Popular Subscription Service, Terre Haute, IN - $22,876.35