| | | | | | | |  | CITY OF PLANO
COUNCIL AGENDA ITEM |
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| | | | | | | | Council Meeting Date: 12/12/2016
Department: Public Works
Department Head: Gerald Cosgrove
Agenda Coordinator: Nancy Corwin |
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CAPTION
Bid No. 2016-0474-P for a Contract in the amount of $300,000 for the initial term or two years, whichever comes first, with four (4) City optional renewals for Hauling of Construction Debris for Public Works Department to Braxton Transportation, LLC; and authorizing the City Manager to execute all necessary documents. APPROVED |
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FINANCIAL SUMMARY Operating Expense
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FISCAL YEAR:
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2016-17 thru 2025-26
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Prior Year
(CIP Only)
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Current
Year
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Future
Years
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TOTALS
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Budget
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0
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448,728
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1,200,000
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1,648,728
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Encumbered/Expended Amount
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0
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0
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0
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0
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This Item
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0
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-300,000
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-1,200,000
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-1,500,000
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BALANCE
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0
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148,728
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0
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148,728
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FUND(S): GENERAL FUND, WATER & SEWER FUND, MUNICIPAL DRAINAGE FUND
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COMMENTS: This item approves price quotes for providing construction debris removal services to the City of Plano. The estimated expenditure to be purchased from this contract in FY 2016-17 is $300,000. Future expenditures will be made by Streets, Utility Operations and Municipal Drainage within the annual approved budget appropriations, however, as a requirements contract is in place, there is a possibility of the full $1,500,000 being realized within the fiscal year. |
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SUMMARY OF ITEM
See Recommendation Memo.
Strategic Plan Goal:
Financially Strong City with Service Excellence
Plano Tomorrow Plan Pillar:
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