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FC CASE # <br /> <br />AUTHORIZE VARIOUS 2005 CAPITAL PURCHASES <br /> By: Diana Lurid, 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 different 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 30, 2004. <br /> <br />The basic bidding guidelines are as follows: <br /> <br />l) <br /> <br />lbr 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 />inet by Utilizing cooperative pUrchasing ventures such as state or county <br />purchasing cooperatives] <br /> <br />2) <br /> <br />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 />3) lbr purchases estimated to,. be less than $10,000 --- open market or <br /> quotationS [with at least two quotations] <br /> <br />Capital Items - Catego _ry #I - The items that fall under this category are as follows: <br /> <br />Police <br /> <br />3 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 ireplacement. These vehicles can be purchased from <br />the Hennepin County Cooperative PurChasing venture through Superior Ford. <br /> <br />Capital Items - Category.#2 - The items that.fall 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 />