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Res 114-80 RESOLUTION NO. 114-80 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DELRAY BEACH, FLORIDA, AUTHORIZING THE PURCHASE OF SINGLE SLOT PARKING METERS FOR INSTALLATION IN THE CITY OF DELRAY BEACH, FLORIDA. WHEREAS, it is in the opinion of the City Council of the City of Delray Beach, Florida, that parking meters be installed at certain loca- tion the vicinity of the beach; and, WHEREAS, it is the recommendation of the City Manager that the City Council award a contract for the purchase of single slot parking meters to serve this purpose; and, WHEREAS, the following bids were received: BIDDER AMOUNT POM Incorporated 379 Single Meters @ $105.90 ea. = $40,136.10 Russellville, Arkansas 103 Double Meters @ $199.90 ea. = 20,589.70 TOTAL $60,725.80 Duncan Industries 379 Single Meters @ $121.84 ea. = $46,177.36 Elk Grove Village, Illinois 103 Double Meters @ $225.82 ea. = 23,259.46 TOTAL $69,436.82 and, WHEREAS, the bid received from Duncan Industries for single slot meters was determined by the City Council to be the bid most acceptable to meet the City's needs; and, WHEREAS, it is in the opinion of the City Council that the award of this contract would be in the best interests of the City, NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF DELRAY BEACH, FLORIDA, AS FOLLOWS: Section 1. That a contract be awarded for the purchase of single slot meters from Duncan Industries of Elk Grove Village, Illinois, accord- ing to the following terms: 379 Single Meters at $121.84 each and 103 Double Meters at $225.82 each, for a total amount of $69,436.82. Pay- ments to be made over a 36 month period at $2,240.00 per month including 10% interest. Section 2. That the funds for this purchase shall como from funds provided in the current 1980-81 General Fund Budget. PASSED AND ADOPTED in regular session on this the 25th day of November . M A Y O R LEON M. WEEKES ATTEST: ~/ City Clerk