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Res 142-86 9/16/1986RESOLUTION NO. 142-86 RESOLUTION ACCEPTING BID OF SAM GIBBS MUSIC COMPANY FOR INSTALLATION OF SOUND SYSTEM IN CITY COUNCIL CHAMBER. WHEREAS, the City of Wichita Falls has issued bid invitations for the purchase and installation of a replacement sound system for the City Council Chamber to the three known vendors installing quality sound systems; and, WHEREAS, only one bidder, Sam Gibbs Music Company, responded; such bidder bid $6, 850. 00 for a permanent system, and bid an additional $785. 00 for two additional items which would provide portablity of the system; and, WHEREAS, it is found that the bid is a fair and reasonable bid, and should be accepted. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WICHITA FALLS, TEXAS, THAT: The bid of Sam Gibbs Music Company in the amount of $7, 645. 00 for the complete system, including the portability option is hereby accepted, and the City Manager is authorized to execute a contract with this bidder for such purchase and installation. PASSED AND APPROVED this the 16th day of September, 198 . . M A Y O R if we, ifr ATTEST: J-4 1 i City Clerk