Title
To authorize and direct the City Auditor to transfer $299,520.00 from the Special Income Tax Fund to the Fire Safety Bond Fund ; to authorize the appropriation of said funds; to authorize and direct the Finance Director to issue a purchase order to Findley Fire Equipment, for the purchase of an engine, from the State of Ohio Term Schedule established therefor; to waive the provisions of competitive bidding; to authorize the expenditure of $299,520.00 from the Safety Voted Bond Fund; and to declare an emergency. ($299,520.00)
Explanation
BACKGROUND:
Need: This legislation is to authorize and direct the City Auditor to transfer $299,520.00 from the Special Income Tax Fund to the Fire Safety Voted Bond Fund, and to authorize and direct the Finance Director to issue a purchase order to Findley Fire Equipment for the purchase of an engine from the State Term Schedule established therefor.
Bid Information: Competitive bidding is being waived for this purchase; said vehicles will be purchased in accordance with the current State of Ohio Term Schedule Number 776618A, Index STS618, expiring 4/30/2006.
Contract Compliance: 310816583
Emergency Designation: Emergency action is requested as funds are needed immediately for this purchase.
FISCAL IMPACT:
Budgeted Amount: Unencumbered cash will be available upon transfer from the Special Income Tax to the Fire Division's Safety Voted Bond Fund for this purchase. This transfer is a temporary funding method. In the fall of 2003, the City will sell notes or bonds to fund this project and will reimburse the Special Income Tax Fund.
Body
WHEREAS, a need exists to purchase an engine from the Division of Fire's Safety Voted Bond Fund, Apparatus Replacement Project; and
WHEREAS, the provisions of competitive bidding are being waived to purchase said engine from the State of Ohio Term Schedule established thereof; and
WHEREAS, a transfer of funds from the Special Income Fund is necessary to fun...
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