1-D Approve award of a two-year requirements contract, with options for three one-year extensions, to Electric Data Magnetics, a North Carolina-based corporation, for the purchase of reloadable contactless smart card media, in the amount of $686,721
Remnant property is exempt. If city receives notice of interest the city needs to negotiate in good faith for 90 days. Violations are 30% of purchase price and 50% of final price for subsequent violation.