HomeMy WebLinkAboutAirport Parking_Inc_EMV_Readers Docusign Envelope ID:42EAFFOA-6AE9-4B9B-9837-AB574F1A36CC
City Clerk Use Only
Finance Committee
Approval Date 5/5/2025
City of Waterloo
Expenditure Pre-Authorization Request Form
The Finance Committee of the City Council is hereby requested to authorize the following
purchase or expenditure submitted by the Airport Department to expend
$ 15,000 (NTE) plus est. shipping costs of $ to pay for or purchase
EMV contact readers to be installed in pay stations at airport parking exits (2).
This purchase or expenditure is being made because:
existing parking equipment is almost eight years old and the mag-stripe readers are reaching
the end of their useful lives. This technology needs to be updated to chip/tap..
Vendor selected for this purchase: Parking-Inc of Des Moines, IA
Bids or written quotes were taken on this purchase, as follows:
F■ Bids or quotes were not taken on this purchase because:
Parking-Inc is the sole vendor in Iowa for Tiba parking equipment
Prior Committee Actions (Dates):
Please check the following box(es)as appropriate to describe the funding for this expense:
F■ General Fund ❑ Road Use Tax ❑ Sewer F—] Sanitation
ElBonds ❑ Federal/other grants ❑ Other(specify)
This expenditure is to be coded to the following budget line-item:
010-29-7700-1371
(Fund - Department-Activity-Account Number) (Project Code)
in which the budgeted amount is $ 1,228,501.00
and the current available balance is $ 952,755.18
Respectfully submitted,
Signed by:
Steven Kjergaard 4/15/2025 � 5/5/2025
(Signature Dept. Head or Designee) Date (Signa ure mance Dept. Review) Date
K:\shared goodies\forms\Expenditure Pre-Authorization.xls(Mar 2010)