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HomeMy WebLinkAbout06/01/1987 FINANCE COMMITTEE MINUTES June 1 , 1987 6 : 30 p.m. Large Conference Room Members present: Chairperson Dowie, Miller Member absent: Seeber It was moved by Miller, seconded by Dowie that the Agenda, as proposed, be approved. Motion carried. The following bids were reviewed for the FY1987 Cedar River Slope Protection project. Bidder Bid Amount B & B Builders and Supply $ 3 ,903 . 90 Bowers Masonry $ 2 , 542 . 60 Concrete Foundations $ 7 ,535 . 94 Tom Dolan Concrete Contractor $ 3 , 556 . 60 Rampart Corporation $ 6 , 119 . 54 It was the recommendation of the City Engineer to accept the bid of Bowers Masonry in the amount of $2 , 542 . 60 . Mr. Thorson also asked that the Committee consider allowing additional work for the slope repair since bids received were considerably less than expected. It was moved by Dowie, seconded by Miller that the bid of Bowers Masonry be approved and the City Engineer be authorized to increase the quantities to do additional work at the site. Motion carried. The following quotes were reviewed for reflective sheeting and sign blanks for the Sign and Traffic Department: Bidder Bid Amount Newman Signs $8 , 081. 50 Iowa State Industries $6, 962 . 00 It was the recommendation of the Superintendent of Sign and Traffic to accept the low quote of Iowa State Industries. It was moved by Miller, seconded by Dowie that said recommendation be approved. Motion carried. It was moved by Miller, seconded by Dowie that the Superintendent of Sign and Traffic be given authorization to purchase a 55 gallon drum of SS-25 cleaning solvent from National Chemsearch, Inc. in the amount of $1 , 188 . 00 , including freight. Motion carried. The recommendation of approval of the Building and Grounds Committee to accept the 5 year lease purchase agreement and maintenance agreement with Teleconnect Communications Services and Systems for the 911 emergency telecommunications equipment in the Waterloo Police Department was reviewed. It was moved by Miller, seconded by Dowie, that said recommendation be approved and referred to the City Council for further review and recommendation. Motion carried. Walt Stephenson, Manager of the Metropolitan Transit Authority, requested a loan guaranty for operating capital from July 1 , 1987 through February 1988 in an amount not to exceed $200 , 000 . Due to the delay in receipt of Federal monies for operational purposes , the last two quarterly payments from the City would be withheld if MET defaults on said loan. It was moved by Miller, seconded by Dowie that said loan guaranty be approved, and that said recommendation be forwarded to the City Council for their review and recommendation. Motion carried. 1 The joint office supply purchasing contract between the Cities of Waterloo, Cedar Falls, Evansdale and Black Hawk County was reviewed by Bruce Meisinger, Budget Analyst. Mr. Meisinger reported that the County Treasurer had approached all entities suggesting that said bodies enter into a joint office supply system with a local vendor resulting in a favorable bid price for all. Bids would be sent to all vendors with an award made to the vendor with the lowest total package price. The internal system of office supply delivery within the City of Waterloo would be no different than it is presently. The system being proposed by the County Treasurer is being tailored after the City of Waterloo' s current purchasing system. Councilperson Wright suggested that this proposal be reviewed for another week. It was moved by Miller, seconded by Dowie that action on a joint office supply purchasing contract between governmental entities be tabled for one week. Motion carried. The following quotes were reviewed for the purchase of a PRESS-UR-METER for the City Engineering Department: Bidder Bid Amount Brainerd-Kilman Geo Store $ 615. 00 Charles R. Watts Co. $ 615. 00 Forney, Inc. $ 620. 00 Soil Test $ 615. 00 It was the recommendation of the City Engineer to accept the bid of Brainerd-Kilman Geo Store since said quote includes freight and an optional piece of equipment. It was moved by Miller, seconded by Dowie that said recommendation be approved. Motion carried. Due to insufficient time, a motion was not heard on a recommendation of bills to the full Council. The meeting was adjourned. Larry P. Burger City Clerk/Auditor