BY COUNCILOR STOVER:
RESOLVED, that K.A. Steel, Inc., be and hereby is awarded a contract for furnishing and delivering 100,000 gallons of caustic soda for the utility operations division in accordance with specifications on its low specification bid of $169,000, terms net 30, FOB destination, payable out of Water Fund 510, Department/Agency 500, Organization 1955, Object 5216-05.
STATEMENT OF PURPOSE: This resolution will authorize the purchase of 100,000 gallons of caustic soda from K.A. Steel, Inc., for $169,000 to be paid from Water Fund 510. This chemical is used at the Lakewood water treatment plant. K.A. Steel, Inc., was the lowest of the four companies who responded. The estimated cost of this purchase was $150,000.