BY COUNCILOR FOSLE:
RESOLVED, that city officials are hereby authorized to contract with Vogel Paint and Wax Company, Inc., for the purchase and delivery of 3,025 gallons of yellow and 1,525 gallons of white latex traffic marking paint for the maintenance operations division in accordance with state of Minnesota Contract #435941, Release P-808(5), specifications and pricing in the amount of $26,037.00 plus $1,692.41 sales tax for a combined total of $27,729.41, terms net 30, FOB destination, payable from General Fund 100, Department/Agency 500, Organization 1920-2570, Object 5226.
STATEMENT OF PURPOSE: This resolution authorizes the city’s purchase of $4,550 gallons of yellow and white latex traffic marking paint from Vogel Paint and Wax Company, Inc., in the amount of $27,729.41, payable from the general fund.
This purchase is based on a cooperative purchasing agreement citing state of Minnesota Contract #435941, Release P-808(5). The company will incur shipping costs.
Vogel Paint and Wax Company, Inc., also known as Diamond Vogel Paints, is headquartered in Orange City, Iowa.