It is resolved that:
(A) Council accept the tender offer of Tenderer âKâ for agency services for advertising for a period of three years, with the option of an extension of two years;
(B) authority be delegated to the Chief Executive Officer to negotiate, execute and administer the contracts relating to the tender; and
(C) authority be delegated to the Chief Executive Officer to exercise the option referred to in clause (A), if appropriate, and negotiate the price to extend the contract accordingly.
Carried unanimously.
X010779.013