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Item 4EITEM 4E AUTHORIZE A COOPERATIVE PURCHASING INTERLOCAL AGREEMENT WITH THE CITY OF FORT WORTH Considerations for entering into Agreement Section 271.102 of the Local Government Code authorizes the entering into Interlocal Agreements between Municipalities. Provides another avenue for meeting State bidding requirements. Reduced pricing for purchasing goods and services by utilizing a much larger purchasing volume than the City of Southlake could generate alone. Considerations Continued Agreement allows the City of Southlake to purchase from existing and future contracts between City of Fort Worth and their vendors. Establishes valued pricing. Effectively utilizes employees time. Agreement has been reviewed by City Attorney. Considerations Continued Based on September 25, 2006 pricing: $0.12 per gallon difference for unleaded fuel between City’s current supplier and City of Fort Worth fuel contract Potential savings for FY2006 would have been $23,661.68 Vendor trained staff inspecting vehicles Questions? Please contact Sharen Jackson Director of Finance 817-748-8042