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06/25/2002 Resolutions 2002-179 I I I RES 0 L UTI 0 N 2002-179 WHEREAS, the City of Grand Island invited sealed bids for One Hundred Ten (110) 3-Phase Digital Panel Meters, according to plans and specifications on file with the Purchasing Division of the Legal Department; and WHEREAS, on June 12, 2002, bids were received, opened and reviewed; and WHEREAS, Satec, Inc. of Summit, New Jersey, submitted a bid in accordance with the terms of the advertisement of bids and plans and specifications and all other statutory requirements contained therein, such bid being in the amount of $75,673.00 with sales tax; and WHEREAS, Satec, Inc.'s bid is less than the engineer's estimate for such project. NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND COUNCIL OF THE CITY OF GRAND ISLAND, NEBRASKA, that the bid ofSatec, Inc. of Summit, New Jersey, in the amount of$75,673.00 with sales tax for one hundred ten (110) 3-phase digital panel meters is hereby approved as the lowest responsive bid. Adopted by the City Council of the City of Grand Island, Nebraska on June 25, 2002. Q CA-\\OL, <ellia~~ RaNae Edwards, City Clerk r Approved as to Form C ~ June 21. 2002 C City Attorney