Fiscal Note
Funding is included in the Parking Utility 2005 Adopted Capital Budget, project #8, "Parking Revenue Equipment."
Title
Authorizing the City Purchasing Supervisor to sign an agreement with CTR Systems Parking, Inc for a one-year maintenance contract for the Parking Utility's Revenue equipment.
Body
WHEREAS, the Parking Utility has installed over two million dollars in revenue equipment and software, and
WHEREAS, this equipment will no longer be covered under the installer/manufacturer's original equipment warranty, and
WHEREAS, some of this equipment and software is proprietary and serviceable only by CTR Systems Parking, Inc. and,
WHEREAS, the 2005 Parking Utility Capital budget had budgeted $155,000 as the estimated cost of an annual maintenance contract, and
WHEREAS, CTR Systems Parking, Inc. has negotiated a one-year maintenance contract with the Parking Utility at a cost of $152,000;
NOW THEREFORE BE IT RESOLVED, That the City Purchasing Supervisor is authorized to sign an agreement with CTR Systems Parking, Inc. for a one-year maintenance contract.