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ORD NO 02-1999 CITY OF VAN BUREN, ARKANSAS ORDINANCE NO. 4 -1999 AN ORDINANCE AMENDING ORDINANCE NO. 15 -1985 TO AUTHORIZE THE MAYOR TO MAKE PURCHASES NOT TO EXCEED $10,000.00. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF VAN BUREN, ARKANSAS: SECTION 1: That under the authority of A.C.A., Sec. 14 -58 -303, Ordinance No. 15 -1985, Sections 1 and 2 (Codified as 3.04.01 and 3.04.02 respectively in the Van Buren Municipal Code) is hereby amended to read as follows: "3.04.01 $10,000.00 or under The Mayor, or his duly authorized representative, shall have exclusive power and responsibility to make purchases of all supplies, apparatus, equipment, materials and other things requisite for public purposes for the City of Van Buren and to make all necessary things to be furnished for the benefit of the city where the amount of the expenditure for any purpose or contract does not exceed the sum of Ten Thousand Dollars ($10,000.00). (Ord. No. 15 -1985, Sec. 1.)" "3.04.02 Over $10,000.00 Where the amount of expenditures for any purchase or contract exceeds the sum of Ten Thousand Dollars ($10,000.00), the Mayor or his duly authorized representative shall invite competitive bids thereon by legal advertisement in any local newspaper. Bids received pursuant to said advertisement shall be opened and read on the date set for receiving said bids in the presence of the Mayor or his duly authorized representative. The contract shall be awarded to the lowest responsible bidder; provided, however, the Mayor or his duly authorized representative may reject any and all bids received. (Ord. No. 15 -1985, Sec. 2.)" PASSED AND APPROVED THIS as DAY OF 1999. h MAYOR V ATTESTED: CITY CLERK/TREASURER 0