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HomeMy WebLinkAbout5874 RESOLUTION NO. 5,874 A RESOLUTION RENEWING CONTRACTS WITH GULF OIL COMPANY AND AMERICAN OIL COMPANY FOR GASOLINE PURCHASES DURING THE YEAR 1978; AUTHORIZING PAYMENT ; AND FOR OTHER PURPOSES . NOW, THEREFORE BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS . SECTION 1. Those certain contracts existing between the City of Little Rock and Gulf Oil Company and American Oil Company are hereby renewed for the calendar year 1978 . These suppliers must follow Federal Energy Administration Allocation and price regulations and adhere to their guidelines . These guidelines assure fulfillment of City gasoline requirements at controlled prices , which may be increased and decreased only by the cost of crude oil . SECTION 2 . All purchases authorized herein shall at all times comply with bidding specifications . Upon receipt of such purchases or from time to time as necessary, the City Manager and Director of Finance are hereby authorized and directed to issue the necessary warrants in payment of the contract prices . SECTION 3 . This Resolution shall be in full force and effect from and after its adoption. ADOPTED: January 3, 1978 ATTEST: �j21. APPROVED: City Clem Mayor