3345 RESOLUTION NO. 3 ,345
A RESOLUTION ACCEPTING THE BID OF WALD
INDUSTRIES, INC. , FOR A TRUCK-MOUNTED
STRIPING MACHINE; AUTHORIZING PAYMENT
THEREFOR; AND FOR OTHER PURPOSES.
WHEREAS, pursuant to advertisement for bids for a truck-
mounted striping machine, bids were received pursuant to
specifications therefor according to law; and
WHEREAS, the bid of Wald Industries, Inc. , in the sum of
Thirty-Five Thousand Five Hundred and No/100 Dollars ($35,500.00)
less trade-in allowance, or a net bid of Thirty-One Thousand and
No/100 Dollars ($31,000.00) , was the lowest responsible and
responsive bid under the specifications for bidding; and
WHEREAS, available funds for the purchase of said equipment
was inadequate and the said Wald Industries, Inc. , subsequently
reduced its bid to the sum of Thirty-Thousand and No/100 Dollars
($30,000.00) ; and
WHEREAS, it is the desire of the Board of Directors to
accept the low bid of Wald Industries, Inc. , in the sum of
Thirty Thousand and No/100 Dollars ($30,000.00) ;
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS
OF THE CITY OF LITTLE ROCK, ARKANSAS:
SECTION 1. The bid of Wald Industries, Inc. , being the
lowest responsible and responsive bid as reduced by negotiation,
is hereby accepted in the sum of Thirty Thousand and No/100
Dollars ($30,000.00) for a truck-mounted striping machine for
use by the City of Little Rock; provided, however, that shipment
thereof be made by Wald Industries, Inc. , within sixty (60) days
from issuance of a purchase order therefor.
SECTION 2. The City Manager and Director of Finance are
hereby authorized and directed, upon receipt of and a showing
of said performance by the said equipment, to issue such warrant
or warrants in payment thereof as shall be necessary.
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SECTION 3. This resolution shall be in full force and
effect from and after its adoption.
ADOPTED: May 17, 1965
stiCal/I keg.
ATTEST:C-1) , 1:E �. f�ae �f,r✓ PP' •VED:
�iy Clerk Asst. Mayor