01-0074R

RESOLUTION AWARDING CONTRACT TO ARROWHEAD EQUIPMENT COMPANY FOR TIRES AND TUBES AS NEEDED, IN THE AMOUNT OF $50,000.

BY PRESIDENT EDWARDS:

        RESOLVED, that Arrowhead Equipment Company be and hereby is awarded a contract for furnishing and delivering tires and tubes as needed for a 12 month period for the fleet services division in accordance with specifications on its low specification bid, estimated to total of $50,000, terms net 30, FOB destination, $44,000 payable out of Fleet Fund 0660, Dept./Agency 015, Organization 1560, Object 5221 and $6,000 payable out of Fleet Fund 0660, Dept./Agency 015, Organization 1560, Object 5404.


STATEMENT OF PURPOSE: This resolution will authorize the purchase of tires and tubes as needed for a 12 month period from Arrowhead Equipment Company for approximately $50,000 to be paid from Fleet Services Fund 0660. Award to be made under a cooperative purchasing agreement citing state of Minnesota Contract T525-(5). Estimated price based on year 2000 usage. Actual amount will depend on need. The uncommitted funds in Object 5221 is $540,538 and the uncommitted funds in Object 5404 is $64,526. Requisition No. 01-0079