HomeMy WebLinkAbout05-09-1983 MinutesMain motion, as amended, carried by roll call vote of six (6)
ADJOURNMENT Special meeting adjourned at 8 12 P M
ATTEST
E lyn Wells,/,25iyy Clerk PASSED And
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E A Snider, Mayor
MINUTES
PASCO CITY COUNCIL
SPECIAL MEETING
MAY 9, 1983
CALL TO ORDER
Meeting called to order at 8 00 P M by E A Snider, Mayor
ROLL CALL
By City Clerk Councilmen present were Susan Boothe, Charles Grigg, Ira
Schmidt, E A Snider, Joe Jackson and Emerson Morgan Councilman Beverly Green
was absent from the meeting (excused) Also present were Lee Kraft, City Manager,
Greg Rubstello, City Attorney, Diane Dolan, Director of Finance, James Ajax, Director
of Public Works, Webster Jackson, Purchasing/Personnel Supervisor and Gary Crutchfield,
Director of Community Development
VISITORS
There were no visitors wishing to address the council at this time
NEW BUSINESS
BID AWARD FOR PURCHASE OF $640,000 PAR VALUE OF "LIMITED TAX GENERAL
OBLIGATION BONDS, 1983 "
Finance Director, Diane Dolan reported that bids had been opened on May 9, 1983
at 2 00 P M for the above captioned purchase Three (3) bids were received as
follows
Foster & Marshall/
Total Interest
Cost to Maturity
Less
Premium
Net Interest
Cost
Average
Interest Rate
American Express $340,475 00 $29 95 $340,445 05** 8 154372
Seattle First National $342,625 00 -0- $342,625 00 8 206587
Seattle NW Securities $359,445 00 -0- $359,445 00 8 609461
**Staff Recommendation
Mr Schmidt moved that the bid for purchase of $640,000 par value of "Limited
Tax General Obligation Bonds, 1983", be awarded to the low bidder, Foster & Marshall/
American Express, Inc at par value plus a premium of $29 95 for a total of
$640,029 95 at a net interest cost of $340,445 05 Seconded by Mrs Boothe Motion
carried by roll call vote of six (6)
BID AWARD - COURT STREET LIGHTING Bids were opened on May 6, 1983 for Court
Street Lighting (14th to 20th) U A B Project They were as follows
Lord Electric Co $47,295 04 **
Power City Electric 51,928 00
Hughes-Sillers Co 74,050 00
Electric Smith 56,418 00
Knobles Electric 64,841 00
**Staff Recommendation
Mr. Grigg moved to award the construction contract for Court Street Lighting to the
low bidder, Lord Electric Company, Inc , Richland, Washington, in the amount of
$47,295 00, all in response to their proposal as submitted on May 6, 1983 and, further,
to authorize the Mayor to sign the contract documents Seconded by Mr Schmidt
James Ajax, Director of Public Works, called attention to the fact that Lord Electric
(low bidder) did not have all the documents in the bid packet and asked Council's
direction
Mr. Schmidt moved to amend original motion by adding, "and further to declare that
the irregularities in the low bid received be waived " Seconded by Mr Grigg
Motion carried by roll call vote of six (6)