BY COUNCILOR STOVER:
RESOLVED, aQity, Inc./Duncan Technologies be and hereby is awarded a contract for furnishing and delivering parking meters and parts for the public works department in accordance with specifications on its low bid $63,300 plus sales tax of $4,114.50, for a total $67,414.50, terms net 30, FOB destination, payable out of General Fund 100 (incremental meter account), Department/Agency 700, Organization 1407, Object 5406.
STATEMENT OF PURPOSE: This resolution will authorize the purchase of parking meters from aQity, Inc./Duncan Parking Technologies for $67,414.50 ($63,300 plus sales tax of $4,114.50) to be paid from the general fund (incremental meter account).
The parking meters are needed to replace 200 of the existing meters with electronic parking meters, complete the replacement of the existing locks with new locks, and for future installation of 50 new meters. The funding source is the incremental revenue from parking meters in the Duluth Downtown area.
aQity, Inc., is the exclusive distributors for Duncan Technologies. In addition, aQity, Inc., was the only one who provided a quote for the bid opening date of August 18, 2006. Bid No. 06-0580