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Item 4DItem 4D Award agreement with The Lane Corp. to purchase Asphalt Asphalt Purchase Agreement Background: Maintenance of asphalt pavement Street Division purchases 1,000’s tons each year Interlocal purchase agreement with Grapevine Lane Corp. contract price: Type B (picked up by city) $40.00/Ton Type D (picked up by city) $42.50/Ton Delivery charge $ 0.28/Mile Asphalt Purchase Agreement Financial Consideration: Funding for the purchase of Street materials – FY 2011 Street Division Recommendation: Award purchase agreement with The Lane Corporation for the purchase of hot mix asphaltic cement Questions: Bob Price – 748-8097