HomeMy WebLinkAboutR-77-0420w w
RESOLUTION,re,r , ' eL4 2 0
A RESOLUTION RATIFYING AND CONFIRMING THE ACTION CF
Tit tITY MANAGER IN APPROVING TIIE EMERGENCY PURCHASE
tF PRINTING THE FINANCIAL PROSPECTUS REQUIRED BY THE
bEPARTMENT OF FINANCE AS A PART OF THE $28,000,000
GENERAL OBLIGATION BOND SALE; AUTHORIZING THE CITY
MANAGER TO INSTRUCT THE PURCHASING AGENT TO ISSUE
THE PURCHASE' ORDER IN THE AMOUNT OF $6,019,00 TO
MIAMI REVIEW, INC,; FROM FUNDS PROVIDED IN THE
1976-1977 FISCAL YEAR BUDGET,
:. WHERI AS.,. the Dehstt 0I' F hahce required the pt titin
toFinancial Prospectus as a pirt-tf th t'o $20,000,000 general
Obligation _�3ond sale;;" and
WHEREAS, funds are•.available in the i976,19.77,Fiscal:Year'
Budget; and':
WHEREAS,` informal. bids were:obtained based an the esti
mated totals requirement; and :.
WHEREAS, the lowest bid received was $2,16100 from Miami
Review, Inc., based on camera ready copy; and
WHEREAS, the final total cost due to additional .t;omposi-
tion, typesetting,and extra copies of. a two page supplement
was $6,019.00; and
WHEREAS the City Manager recommendedthat this purchase
e made;
NOIJ, THEREFORE, BE IT RESOLVED BY. THE COMMISSION OF .THE
CITY OF MIAMI, FLORIDA:
Section 1. The action of the City Manager be and is
hereby confirmed for approving the emergency reb ratified and
purchase of printing from (Miami Review, Inc. at a total cost
of_$6,019.00 with
funds herebyallocated from the 1976-1977
Fiscal Year Budget of the Department of Finance.
Section 2. That the City Manager is hereby authorized
to instruct the Purchasing Agent to issue the Purchase' Order
d4ROCUMi..i'+tnn r nn!
for this material.
ITEM NO
/L
PASSED :ANI) ADOPTED this 12 day pf �'� !IN 1977.
Attest.
M;�Y
CITY COMMISSION
MEETING OF
MAY1 21977
R .U1PN No.77r.4Z0
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ROBERT Fl CLARK
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On rebtuary.28, 1977, we issued Purchase Order`,
Nei 96737 to Miami Review, Inc. for the type
setting, printing and binding of the "Official.
Statement" required for the $28,000,000 General.
Obligation Bond sale. The purchase order was
in the` amount of $2,161.00, based on'Miami Review'
lowest' of three bids.
The actual cost to complete the statements. amounted
to $6,019.00 due to additional pages of text and
tabulations, author's alterations and additional
two page supplements.
It is recommended that you approve, the increase
in cost on`an emergency basis, in the amount, of
$3,0511.00 resulting in a total purchase of $6,019.00.
A resolution has been prepared and. forwarded to
the Lau Department ratifying and confirming your
approval.
JEG : ALt1: ek',
APPROVED:
CITY AGER.