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1472r ORDINANCE NO. _~~~ AN ORDINANCE WAIVING COMPETITIVE BIDDING, ESTABLISHING AN EMERGENCY AND FOR OTHER PURPOSES. WHEREAS, Arkansas Cade 14-58-303 allows waiving of competitive bidding in exceptional situations where such procedure is deemed not feasible or practical; and WHEREAS, there are many items necessary for the City's use where competitive bidding is deemed not feasible or practical; and WHEREAS, the West Memphis Utility Com~rzission has recommended the purchase of a i.zsed excavator for a price of $58,000.00 and the trade i.n of a 1974 model H560C Insley, valued at $5,000.00, which equipment is needed for immediate use and competitive bidding under such circumstances would not be feasible or practical; NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF WEST MEMPHIS, ARKANSAS: 1. That competitive bidding be waived for the following item to be used by the City, described as follows: A used 690LC John Deere excavator, serial. # 514242, for the purchase price of $58,000.00 together with a trade in of 1974 model H560C Insley, valued a.t $5,000.00. 2. Emer~encv Clause. It having been found and determined b;v the City Council of the City of West Memphis, Arkansas, that there is an urgent need by the City of West Memphis and the West Memphis Utility Commission to acquire excavation equipment for use in ongoing projects, arz ,* e r Ci~'f GLERK OFFICE 3d9~ emergency is hereby declared to exist., and this Ordinance being necessary for the preservation of the public peace, health, safety and welfare of the Citizens of West Memphis, Arkansas, shall be in full force and effect from and after the date of its passage. and approval. PASSED AND APPROVED t h i s ~~~f d a y o f ~~BRv,9R~_ , 19 91 . SPC}NSC*RED BY