Price agreement with Lattimore Materials, for Ready Mix Concrete, at an estimated annual cost of $612,400, and will be for one year with the option to renew for four additional one year periods totaling $3,062,000 if all extensions are exercised, and award a secondary price agreement with Redi-mix Concrete at a cost not to exceed $754,375 and will be for one year with the option to renew for four additional one year periods totaling $3,771,875 if all extensions are exercised; authorize City Manager to execute the renewal options with aggregate price fluctuations of the lesser of up to $50,000 or 25% of the original maximum price so long as sufficient funding is appropriated by the City Council to satisfy the City's obligation during the renewal term(s).

Agenda Item Consent Agenda Introduced October 22, 2018

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