01-0153R

RESOLUTION AWARDING CONTRACT TO HYDRO SUPPLY COMPANY, INC., FOR WATER METER REPAIR PARTS, IN THE AMOUNT OF $35,000.

BY COUNCILOR ECKENBERG:

        RESOLVED, that Hydro Supply Company, Inc., be and hereby is awarded a contract for furnishing and delivering water meter repair parts for the water division in accordance with specifications on its low specification bid of $35,000, terms net 30, FOB destination, $15,000 payable out of Water Fund 0510, Dept./Agency 500, Organization 2410, Object 5227 and $20,000 payable out of Water Fund 0510, Dept./Agency 500, Organization 2410, Object 5220.


STATEMENT OF PURPOSE: This resolution will authorize the purchase of Badger water meter repair parts from Hydro Supply Company, Inc., for $35,000 to be paid from Water Fund 0510. $35,000 was budgeted for Badger water meter repair parts during the year 2001. Hydro Supply Company, Inc., is a sole provider of Badger water meter repair parts. The uncommitted funds in Object 5227 is $89,480 and the uncommitted funds in Object 5220 is $21,240. Bid No. 01-0104

Tabulation of bid received February 8, 2001:  Hydro Supply Company, Burnsville, MN - $35,000