From
Amy Sprinkles
Title
Contract with TMC Furniture for library adult and children’s tables through TXMAS for $98,525
Presenter
Amy Sprinkles, Marketing/Library Director
Recommended Action
Approve
Analysis
On Dec. 15, 2015, City Council approved the expenditure of $98,525 with LibraTech for furniture on state cooperative buy board TXMAS. LibraTech is unable to fulfill that contract. Therefore, we are working with another vendor, TMC, who can provide the furniture (adult and children tables) off TXMAS.
Furniture manufacturers require a 50% deposit, which we paid LibraTech and are pursuing getting it back. LibraTech is not filing bankruptcy and says they will be able to refund the deposit as soon as their cash flow allows.
Financial Consideration
Funding for the Library tables from TMC Furniture is available in the Library Capital Project Funds (402093) Main Phase V & VI Remodeling (Work Order # 01501503) Small Office Furniture (60530).