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HomeMy WebLinkAboutM1993-123 - 04/20/1993Motions - 4/20/93 Motion approving the purchase of a remittance processing system and a supply agreement for five years of full maintenance in accordance with Invitation No. 0050-93, based on the most favorable proposal submitted by NCR. The purchase cost of $115,007 will be financed through the City's Lease/Purchase Line of Credit contract. The maintenance will cost $51,335 for the five years, for a total award of $166,342. Funds are budgeted in the Finance Department (Central Cashiering) for the first year's payment for the new equipment as well as for the maintenance supply agreement. M93-123