Explanation
1. BACKGROUND: The Purchasing Office has established Universal Term Contracts for water meters and appurtenances with the companies listed below. These contracts will expire March 31, 2012. The Division of Power & Water would like to establish Blanket Purchase Orders, based on these contracts, to purchase water meters and appurtenances in the amount of $300,000.00. These items are needed for new customer installations and maintenance of existing meters.
Vendor UTC # C.C. No. Expires MBE/FBE
Badger Meter, Inc. FL004786 39-0143280 1/14/13 MAJ
Metron-Farnier LLC FL004788 84-1328980 11/10/11 MAJ
2. FISCAL IMPACT: This legislation includes a transfer of funds within the Water Build America Bonds Fund and an amendment to the 2011 Capital Improvements Budget.
Title
To authorize the Finance and Management Director to establish Blanket Purchase Orders with Badger Meter Inc. and Metron-Farnier, LLC for the purchase of water meters and appurtenances, based on established Universal Term Contracts, for the Division of Power and Water, to authorize a transfer and expenditure of $300,000.00 within the Water Build America Bonds Fund; and to amend the 2011 Capital Improvements Budget. ($300,000.00)
Body
WHEREAS, the Division of Power and Water needs to purchase water meters and appurtenances for new customer installations and for maintenance of existing customer's meters; and
WHEREAS, the Purchasing Office has established Universal Term Contracts with Badger Meter Inc. and Metron-Farnier, LLC; and
WHEREAS, it is necessary for this Council to authorize the City Auditor to transfer funds within the Water Build America Bonds Fund; and
WHEREAS, it is necessary to authorize an amendment to the 2011 Capital Improvements Budget for purposes of providing sufficient funding and expenditure authority for the aforementioned project expenditure; and
WHEREAS, it h...
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