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4038 RESOLUTION NO . 4,038 A RESOLUTION AUTHORIZING PURCHASE CONTRACT FOR CERTAIN EQUIPMENT TO BE USED BY THE PARKING METER DIVISION OF THE COMMUNITY DEVELOPMENT DEPARTMENT; AND FOR OTHER PURPOSES. WHEREAS, invitation for bids has been duly advertised for the purchase of two (2) 3-wheel motorcycles for use by the Parking Meter Division of the Community Development Department and bids received pursuant thereto all in accordance with law; and WHEREAS, the lowest responsible and responsive bid received has been determined by the Board of Directors to be that of Capitol Equipment Company in keeping with plans, specifi- cations and bid proposal on file in the office of the Purchasing Agent for a total net price of Three Thousand Seven Hundred and 63/100 Dollars ($3 ,700.63 ) and it is the desire of the Board of Directors to award a purchase contract for said equipment to said bidder. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS. SECTION 1 . A purchase contract is hereby awarded to the following named persons, firms or corporations for equipment to be used by identified departments of the City government and at the cost all as set forth as follows: TOTAL NET PRICE SUCCESSFUL INCLUDING TAX & EQUIPMENT BIDDER LESS TRADE-IN 2 - 3-wheel motorcycles for use by the Parking Meter Div- ision of the Community Develop- ment Department Capitol Equipment Co . $3 ,700.63 SECTION 2 . Upon receipt of the equipment purchased in Section 1 hereof satisfying in all respects plans, specifications and bid proposal the City Manager and Director of Finance are hereby authorized and directed to issue the necessary warrant or warrants in payment of the purchase price . • -2- SECTION 3 . This Resolution shall be in full force and effect from and after its adoption. ADOPTED: August 5, 1968 ATTEST: t J� APPROVED: / City Clerk ayor