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REGULAR MEETING <br />MAY 6, 1986 <br />Prices are subject to change. Per your escalator. <br />To safeguard supply, Petroleum Traders reserves the <br />right to provide fuels from other major brand <br />supplies which will meet or exceed the specifications <br />as outlined in bid information. <br />SMITH PETROLEUM, INC. <br />P.O. Box 5034 <br />Fort Wayne, Indiana 46895 <br />Bid was signed by Lonnie Wilson, General Manager, and Amie J. <br />Wolfe, Assistant Treasurer, Non -Collusion Affidavit was in <br />order and a 10% Bid Bond was submitted. <br />BID: <br />350,000 Gallons Regular Gasoline - Truck <br />Transport Delivery. Minimum gallons - <br />4,500. (.005 over Niles O.P.I.S.) .5376/ea. = $188,160.00 <br />650,000 Gallons Unleaded Gasoline - Truck <br />Transport Delivery (.005 over Niles O.P.I.S.) <br />Minimum gallons 4.500. .5376/ea. = $349,440.00 <br />260,000 #2 and #1 Diesel Fuel - (O.P.I.S. Average) <br />Minimum gallons 4,500 #1 price .5525 <br />(7 over O.P.I.S.) .4825/ea. = $125,450.00 <br />200,000 Gallons #4 Fuel Oil - NO BID <br />100,000 Gallons Gasohol - Truck Transport <br />Delivery - Minimum gallons 4,500. <br />Regular/Unleaded .5376 <br />Alcohol 1.087 .5916/ea. _ $ 59,160.00 <br />ESCALATION CLAUSE: Smith Petroleum, Inc. reserves <br />the right to increase or decrease the contract <br />unit price in an amount equal to any increase <br />or decrease instituted by the O.P.I.S. average, <br />Niles, Michigan. Copies of price adjustments <br />will be furnished to verify price changes for <br />the length of the contract. <br />All the above prices exclude all taxes. <br />Taxes are: $.14 State <br />Gasoline .0008 Inspection <br />Taxes are: .15 State <br />Diesel <br />SUPPLIERS: Gasoline & Fuel: <br />SUPPLIERS: Alcohol: <br />24 Hour Notice for Delivery <br />Ashland <br />Marathon <br />Amoco <br />Phillips <br />Cities <br />Sun <br />Koch <br />Total <br />Koch <br />Cities <br />New Energy <br />Prices based on O.P.I.S. as of 5/5/86 - Niles, Michigan <br />Alcohol based on New Energy <br />Mr. Leszczynski advised that Mobil Oil Corporation, P.O. Box <br />66568, AMF O'Hare, Illinois 60666-0568 informed the Board that <br />they are unable to quote on the City's requirements for gasoline <br />and fuel oil at this time. <br />1 <br />1 <br />1 <br />