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RESOLUTION 2017-07R <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN <br />MARCOS, TEXAS, AWARDING AN ANNUAL CONTRACT TO CASTLE <br />POWER SOLUTIONS, INC. FOR THE PURCHASE OF CAPACITOR <br />BANKS FOR THE PUBLIC SERVICES DEPARTMENT, ELECTRIC <br />UTILITIES DIVISION IN THE ESTIMATED ANNUAL AMOUNT OF <br />$64,116.00; AUTHORIZING THE CITY MANAGER OR HIS DESIGNEE <br />TO EXECUTE THE APPROPRIATE PURCHASING 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 an annual contract to Castle Power Solutions, Inc. for the provision <br />of capacitor banks (IFI3 217-083) in the estimated annual amount of $64,116.00 is approved. <br />PART 2. The City Manager or his designee is authorized to execute the appropriate <br />purchasing documents on behalf of the City. <br />PART 3. This Resolution shall be in full force and effect immediately from and after its <br />passage. <br />ADOPTED this the 17th day of January, 2017 <br />John Thomaides <br />Mayor <br />Attest: <br />Jamie L",e Case <br />City Cjrlc <br />