BY COUNCILOR STEWART:
RESOLVED, that J.R. Jensen and Son, Inc., be and hereby is awarded a contract for construction of a sand and salt storage facility for the architect division in accordance with specifications on its low specification bid of $276,400, terms net 30, FOB job site, payable out of Capital Improvements Fund 0450, Department/Agency 030, Object 5520.
STATEMENT OF PURPOSE: This resolution will authorize the construction of a sand and salt storage facility by J.R. Jensen & Son, Inc., in the amount of $276,400 to be paid from Capital Improvements Fund 0450. J.R. Jensen & Sons, Inc., was the lowest of the three companies who responded. The estimated cost of this project was $235,000. Re-bid No. 05-0434A; Job No. OT-0503