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FINANCE COMMITTEE <br />CITY OF RAMSEY <br />ANOKA COUNTY <br />STATE OF MINNESOTA <br /> <br />The Ramsey Finance Committee conducted a regular meeting on <br />the Ramsey Municipal Center, 15153 Nowthen Boulevard NW, Ram <br /> <br />Members Present: <br /> <br />Mayor Thomas Gamec <br />Councilmember Susan E. <br />Councilmember Patti <br />Council <br />Councilmember <br /> <br />Also Present: <br /> <br />City Administrator James <br />Finance Officer Diana Lund <br />Director Public Works/Fire <br /> <br />CALL TO ORDER <br /> <br />Mayor Gamec called the regular meeting <br /> <br />CITIZEN INP <br /> <br />order at 6:40 p.m. <br /> <br /> There was' none. <br /> COMMITTEE <br /> Case #1: Various 2001 Capital Purchases <br /> <br /> Finance Office Lund s~ted th~t.,~Ml~esota bid laws require d~fferent levels of corn etltlve <br /> bidding based:on dollar amo~ of the ~tem to be purchased. ~e basic b~ddmg gmdehnes are as <br />.... ~k~.':~:::~,~ ,.~2¢ <br /> <br /> 1) for ¢~chases estimated to be $50,000 or more- sealed bids solicited by public notice <br /> I the official newspaper (although these reqmrements can be met by ut~hz~ng <br /> cooperative purchasing ventures such as state or counW purchasing cooperatives) <br /> ..',,, 2)?for'purchases estimated to be $10,000 to $50,000 - sealed bids 'are reco~ended to <br /> '~.::~ ;:.: ': .... Q ;direct negotiations, with t~ee quotations whenever possible (no less than ~o) <br /> ,? .¥;~ ) for purchases estimated to be less than $10,000 - open market or quotations (with at <br /> least ~o quotations) <br /> <br />I <br />I <br />I <br /> <br />Finance Committee/January 9, 2001 <br /> Page 1 of 3 <br /> <br />-43- <br /> <br /> <br />