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6483 RESOLUTION NO. 6 , 483 A RESOLUTION AUTHORIZING THE EXTENSION OF CONTRACTS WITH GULF OIL COMPANY AND AMERICAN OIL COMPANY FOR A TWELVE MONTH PERIOD; DECLARING AN EXCEPTIONAL SITUA- TION AND WAIVING COMPETITIVE BIDDING; AND FOR OTHER PURPOSES . WHEREAS , it has been recommended that contracts with Gulf Oil Company for tank wagon deliveries of gasoline and with American Oil Company for transport deliveries of gaso- line be extended for twelve months ; and WHEREAS , Gulf Oil Company and American Oil Company must follow Federal Energy Administration allocation and price regulations and such adherence will assure the City fulfillment of its gasoline requirements for the next twelve months at controlled prices . NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS : SECTION 1 . The extension of contracts with Gulf Oil Company and American Oil Company for a period of twelve months is hereby authorized. SECTION 2 . This Resolution shall be in full force and effect from and after its adoption and approval . ADOPTED: December 16 , 1980 ATTEST: grid/ APPROVED: .„ , City Clerk ..ayor