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FC CASE # <br /> <br />AUTHORIZE VARIOUS 2005 CAPITAL PURCHASES <br /> By: Diana LUnd~ Finance Officer <br /> <br />Background: <br /> <br />Included in the Adopted 2005 General FUnd Budget are the items shown on the attached schedule <br />[Exhibit 1]. Minnesota bid laWs require {tifferent levels of competitive bidding based on dollar <br />amounts of the item to be purchased. These items will be funded via the Capital Equipment <br />Certificates that were issued December 30i 2004. <br /> <br />The basic bidding guidelines are as follows: <br /> <br /> 1) for purchases estimated to be $50,000 or more --- sealed bids solicited by <br /> public notice in the official newspaper [although these requirements can be <br /> met by utilizing cooperative purchasing ventures such as state or county <br /> purchasing cooperatives] <br /> <br /> 2) for purchases estimated to be $10,000 to $50,000 --- sealed bids are <br /> recommended or direct negotiations, with three quotations whenever <br /> possible .[no less than two] <br /> <br />for purchases estimated to be less than $10,000 --- open market or <br />quotations [with at least tw6 quotations] <br /> <br />Capital Items - Categors( #1 - The items that fall under this category are as follows: <br /> <br />Police <br /> <br />_33 Squad Replacements <br /> <br /> Included in the 2002 budget is $90,000 for the purchase of three replacement squad cars. <br />The City is on a rotating program of squad replacement. These vehicles can be purchased from <br />the Hennepin County Cooperative PurChasing venture through Superior Ford. <br /> <br />Capital Items - Category_ #2 - The itemS thatTall Under this category are as follows: <br /> <br />Elections <br /> <br />Included in the 2005 budget is $32,000 for ~election booths. This purchase requires at least two <br />written price quotes which is normally handled by Anoka County. <br /> <br /> <br />