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Res 082-2018 Purchase of annual meter boxes/lids 8/7/2018 Resolution No. 82-2018 Resolution supply of water meter boxes and lids from the low bidder, Ferguson Enterprises, Inc., in the amount of $115,073.00; or from the local bidder, PowerSeal Pipeline Products Corporation, in the amount of $117,763.00 WHEREAS, the City of Wichita Falls advertised and requested bids for the , WHEREAS, the City has reviewed the bid from the low bidder for the meter boxes and lids, Ferguson Enterprises, Inc., in the amount of $115,073.00; and the local bidder, PowerSeal Pipeline Products Corporation, in the amount of $117,763.00, and find both acceptable; and, WHEREAS, id that is within five percent of the lowest bid price received to the bidder whose principal place of business is in the municipality if the governing body of the municipality determines, in writing, that the local bidder offers the municipality the best combination of contract price and additional economic development opportunities for the municipality created by the contract award, including the employment of residents of the municipality and increased tax . NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WICHITA FALLS, TEXAS, THAT: City staff are authorized to execute all documents necessary to purchase: The estimated annual supply of water meter boxes and lids from the low bidder, Ferguson Enterprises, Inc., in the amount of $115,073.00; or The estimated annual supply of water meter boxes and lids from the local bidder, PowerSeal Pipeline Products Corporation, in the amount of $117,763.00. PASSED AND APPROVED this the 7th day of August, 2018. ______________________________ M A Y O R ATTEST: ____________________ City Clerk