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Res 2019-134/awarding a contract to WEX Bank, through a cooperative purchasing agreement with Sourcewell, for a Fuel Card Management System
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Res 2019-134/awarding a contract to WEX Bank, through a cooperative purchasing agreement with Sourcewell, for a Fuel Card Management System
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8/23/2019 9:38:44 AM
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8/21/2019 1:48:19 PM
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City Clerk
City Clerk - Document
Resolutions
City Clerk - Type
Contract
Number
2019-134
Date
8/6/2019
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RESOLUTION NO. 2019-134R <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN <br />MARCOS, TEXAS AWARDING A CONTRACT TO WEX BANK, <br />THROUGH A COOPERATIVE PURCHASING AGREEMENT WITH <br />SOURCEWELL, FOR A FUEL CARD MANAGEMENT SYSTEM FOR AN <br />INITIAL TERM OF ONE YEAR IN THE ESTIMATED AMOUNT OF <br />$800,000, WITH THE OPTION TO RENEW THE CONTRACT FOR UP TO <br />THREE ADDITIONAL ONE YEAR TERMS FOR A POSSIBLE <br />ESTIMATED AMOUNT OF $3,200,000 OVER FOUR YEARS; <br />AUTHORIZING THE CITY MANAGER, OR HIS DESIGNEE, TO <br />EXECUTE THE APPROPRIATE CONTRACT DOCUMENTS ON <br />BEHALF OF THE CITY; AND DECLARING AN EFFECTIVE DATE. <br />BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SAN MARCOS, <br />TEXAS: <br />PART 1. The award of a contract to WEX Bank for a fuel card management system <br />is hereby approved. <br />PART 2. The City Manager, or his designee, is authorized to execute the appropriate <br />contract documents on behalf of the City. <br />PART 3. This resolution shall be in full force and effect from and after its passage. <br />ADOPTED on August 6, 2019. <br />,-4()L/0-k' <br />Jane Hugh on <br />Mayor <br />Attest: <br />Jamie Lee Case <br />'n <br />Clerk <br />
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