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Purchase of Audio Video Equipment for Council Chamber <br />January 17, 2023 <br />Page 2 <br />3 <br />1 <br />9 <br />3 <br />The bids were received and opened December 12, 2022 and evaluated (Exhibit 1). The <br />bid received from VMI, Inc. is the lowest responsive to the specifications and meets the <br />City’s requirements. VMI, Inc is a Small Orange County Business and received the local <br />preference. <br />ENVIRONMENTAL IMPACT <br />There is no environmental impact associated with this action. <br />FISCAL IMPACT <br />Funds are available for expenditure in Fiscal Year 2022-23 as follows: <br />Fiscal <br />Year <br />Accounting <br />Unit/Account No. <br />(Project No.) <br />Fund <br />Description <br />Accounting <br />Unit/Account No. <br />Description <br />Amount <br />2022- <br />23 <br />02103010-62300 CATV Capital <br />Support (PEG) <br />Contract Services- <br />Professional <br />$61,319 <br />Total $61,319 <br />EXHIBIT(S) <br />1. Abstract of Bids <br />Submitted By: Kristine Ridge, City Manager <br />Approved By: Kristine Ridge, City Manager