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HomeMy WebLinkAboutM2004-372 - 09/28/2004MOTIONS - 09/28/04 Motion approving a supply agreement with Bay, Ltd., Corpus Chdsti, Texas for approximately 20,000 tons of hot mix asphalt in accordance with Bid Invitation No. B1-0001-05 based on Iow bid for an estimated annual expenditure of $711,200. The term of the agreement shall be for twelve months with an option to extend for up to two additional twelve-month pedods, subject to the approval of the suppliers and the City Manager or his designee. Funds have been budgeted by Street Services in FY 2004-2005. A'FI'EST: Arma~ry ' City of Corpus Chdsti M2004-372 CITY OF CORPUS CHRISTI CERTIFICATION OF FUNDS (City Charter Article IV, Sections 7 & 8) 1, the Director of Finance of the City of Corpus Christi, Texas (or his/bet duly anthofized re?resenta~ve), haeby c~ffy to the City Council and other appropriate officer that the money required for the conlxaeig agreen'~nt, obligation o~ expenditure described below is in the Treasmy to the credit of the Fund spemfied below, flora which it is to be drawn, and has not beext appropriated for any other p~. Agenda item: Motion approving a supply agreement with Bay, Ltd., Corpus Christi, Texas for approximately 20,000 tons of hot mix asphalt in accordance with Bid Invitation No. BI-0001-05 based on low bid for an estimated annual expenditure of$711,200. The t*lm of the agreement shall be for twelve months with an option to emend for up to two additional twelve month periods, subject to the approval of the suppliers and the City Manager or his Designee. $ 711,200.00 Fund Name Fund No. Org. No. Account No. Project No. Amount Gener~Fund 1020 12420 520130 $71,120 Ge~zr~ Fund 1020 12430 520130 $640,080 Total $711,200 Not required Date: