Award $83,754 contract to Formula Construction for tennis court fencing

A resolution of the mayor and village council of the village of palmetto bay, florida, related to procurement; approving the selection of formula construction industries, corp. To provide the replacement of the perimeter fencing for the tennis courts at coral reef park, pursuant to invitation to BID (itb) no. 2025-12-017; authorizing the village manager to negotiate and enter into a contract and issue a purchase order in the amount of eighty-three thousand seven hundred fifty-four dollars and zero cents ($83,754.00), and providing for an effective date. (sponsored by administration and prepared by procurement specialist, alessia bencomo)