BY COUNCILOR STOVER:
RESOLVED, that Vogel Paint and Wax Company, Inc., be and hereby is awarded a contract for furnishing and delivering 5,650 gallons of yellow and white traffic marking paint for the maintenance operation division in accordance with its quote of $32,319.50 plus sales tax of $2,100.77, for a combined total of $34,420.27, terms net 30, FOB destination, payable from General Fund 100, Department/Agency 500, Organization 1920-2570, Object 5226.
STATEMENT OF PURPOSE: This resolution will authorize the purchase of 5,650 gallons of yellow and white latex traffic marking paint from Vogel Paint and Wax Company, Inc., for $34,420.27 ($32,319.50 plus sales tax of $2,100.77) to be paid from General Fund 100. Vogel Paint and Wax Company, Inc., is located in Orange City, Iowa. Its quote was based on Minnesota state contract pricing - Contract #435941, Release P-808(5). Requisition No. 07-0023