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3707 RESOLUTION NO 3,707 A RESOLUTION AWARDING A CONTRACT ON BIDS FOR PURCHASE OF TRAFFIC SIGNAL EQUIPMENT BASED ON CERTAIN BIDS RECEIVED IN 1966; PROVIDING FOR PAYMENT THEREFOR FROM 1966 BUDGET FUNDS ENCUMBERED IN THE YEAR 1966; AND FOR OTHER PURPOSES. WHEREAS, Econolite, the successful bidder for quantities of materials and supplies to be used by the Traffic Department in 1966 gave the City the option of buying additional quantity of said supplies throughout the remainder of the year at their bid price; and WHEREAS, the City exercised this option in December of 1966 and encumbered 1966 budget funds to pay for the herein identi- fied equipment and materials. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS. SECTION 1. Contracts for the purchase of the following materials and equipment heretofore ordered in December 1966 is awarded to the Econolite Company: Price Each After Discount Quantity Description of Equipment Including Sales Tax 2 Model 877 Controllers $786.07 lu Walk - Don' t Walk Signals 85. 54 4 Dual Unit Vehicle Loop Detectors 252.62 SECTION 2. Upon receipt of the above equipment the City Manager and Director of Finance are hereby authorized to issue the necessary warrant or warrants in payment therefor and charge same to the 1966 budget account of the Traffic Department which funds were heretofore encumbered in the year 1966. SECTION 3. This Resolution shall be in full force and effect from and after its adoption. ADOPTED: February 6, 1967 ATTEST: C-I-L „, J3,,,, „/ APPROVED: City Clerk Mayor