TO: Mayor and Commission AGENDA DATE: 10/21/2024
FROM: City Manager AGENDA ITEM: 8-B (c)
SUBJECT:
Title
Request for approval of purchases for FY24-25 contingent on approval of final budget.
Body
LOCATION:
N/A
COST:
Various (as approved in the budget)
SOURCE OF FUNDS:
Various (as approved in the budget)
ORIGINATING DEPARTMENT:
Finance
POTENTIAL MOTION:
Recommendation
“I move to approve the list of purchases for Fiscal Year 2024-2025.”
END
BACKGROUND:
Background
In accordance with the City’s Procurement Policy, the Commission must approve any purchase over $25,000 regardless of if it has already been approved in the budget. The attached list represents purchases that will need to be approved, they were included in the FY 24/25 final budget. Additional purchases over $25,000 will be brought to the Commission as needed. Some of the contracts are invoiced at specific intervals throughout the year and must be paid in accordance with the Prompt Payment Act (see attached).
End