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HomeMy WebLinkAboutPA_Leisure_Services_(Young_Arena_Audio_Upgrades)Docusign Envelope ID: 370181 E5-D555-41 B0-90C7-CB4944731 DAB City Clerk Use Only Finance Committee Approval Date 9/2/2025 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 Leisure Services Department to expend $ 109,586.50 plus est. shipping costs of $ 0 to pay for or purchase Young Arena Audio Upgrades This purchase or expenditure is being made because: Audio controls, amps, additional speakers and microphone upgrades are necessary to replace aging equipment to maintain professional sound quality for all events at Young Arena. Vendor selected for this purchase: Iowa Audio Video, Inc - Clive, Iowa �■ Bids or written quotes were taken on this purchase, as follows: Iowa Audio Video, Inc. Clive Iowa --- $109,586.50 Visua, LaCrosse, WI -- $132,299.00 IT Bids or quotes were not taken on this purchase because: Prior Committee Actions (Dates): Please check the following box(es) as appropriate to describe the funding for this expense: ▪ General Fund IT Road Use Tax IT Sewer n Sanitation . Bonds ❑ Federal/other grants ❑ Other (specify) This expenditure is to be coded to the following budget line -item: 324-37-4500-2152 / 325-37-4500-2152 (Fund - Department - Activity - Account Number) (Project Code) in which the budgeted amount is and the current available balance is Respectfully submitted, JB Bolger 8/20/25 (Signature Dept. Head or Designee) $ 200,000.00 / 225,000 $ 70,261.98 / 225,000 ,-Signed by: 731.41., AT Wood Date (Signature Finance Dept. Review) 9/2/2025 Date K:\shared goodies\forms\Expenditure Pre-Authorization.xls (Mar 2010)