HomeMy WebLinkAbout2021-03-22 21-125 Resolve
03/22/202121-125
03/22/2021
21-125
Finance
Resolve
N/A
Title, Resolve
Ratifying Finance Director's Actions to Sign a Contract with Dysart's for Diesel Fuel for Fiscal Year 2022
This Resolve will ratify the Finance Director's actions to sign a contract with Dysart's for diesel fuel
for fiscal year 2022.
For the last several years, the City has been contracting with Dysart's to obtain fixed rate pricing for
diesel fuel supply. The City and School purchase in excess of 300,000 gallons of diesel fuel annually.
Below is a summary of recent per gallon pricing the City has paid for diesel fuel:
Fiscal Year 2016 $2.10
Fiscal Year 2017 $1.70
Fiscal Year 2018 $1.87
Fiscal Year 2019 $2.55
Fiscal Year 2020 $2.19
Fiscal Year 2021 $1.91
Given the potential volatility in the marketplace, the potential to take this action was reviewed by the
Finance Committee at it's January 4, 2021 meeting. At that time, the request was that the
Committee be updated when the action was taken. On February 1, 2021, the Finance Director
executed a contract with Dysart's for diesel fuel fixed rate pricing in the amount of $1.96 per gallon
for FY 2022.
Finance Committee
03/15/2021
Recommend for passage
Consent
03/22/202121-125
CITY OF BANGOR RESOLVE
03/22/2021
21-125
Okafor
Ratifying Finance Director's Actions to Sign a Contract with Dysart's for Diesel Fuel for Fiscal Year 2022
WHEREAS, fuel prices are highly volatile; and
WHEREAS, the City's fuel supplier, Dysart's, offered fixed pricing in the amount of $1.96 per gallon to the City
for Fiscal Year 2022; and
WHEREAS, on February 1, 2021, the Finance Director locked in fuel prices for FY 2022, which will provide the
City and School Department's budget certainty;
NOW THEREFORE,
Be it Resolved by the City Council of the City of Bangor that, the City Council hereby ratifies the Finance
Director's actions to sign a contract with Dysart's to obtain fixed rate pricing in the amount of $1.96 per gallon
for diesel fuel for fiscal year 2022.
IN CITY COUNCIL
MARCH 22,2021
CR 21-125
Motion made and seconded for Passage of Consent Agenda
Vote: 9—0
Councilors Voting Yes: Davitt, Dubay,Fournier,Hawes,Nichols, Okafor, Schaefer, Sprague, Tremble
Councilors Voting No: None
Passed
CITV'CLERW