BY COUNCILOR STEWART:
RESOLVED, that Duncan Parking Technologies be and hereby is awarded a contract for furnishing and delivering parking meter security locks for the city treasurer’s division, terms net 30, FOB destination, payable out of Fund 100, Department/Agency 700, Organization 1407, Object 5406, in the amount of $19,141.25.
STATEMENT OF PURPOSE: We are experiencing a problem with theft from the existing parking meter vault. These new vaults and locks should prevent this problem. The keys and locks can only be provided by the manufacturer of the meters. The parking commission is recommending using funds from the incremental parking meter revenue fund to purchase the vaults and locks. Bid No. 05-0024