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1. The City received a 5% rebate in the amount of $5,704.67 on 3/4/2022 for calendar year 2021 <br />purchases. <br />2. The City received a 2% rebate in the amount of $1,516.35 on 3/16/2021 for calendar year 2020 <br />purchases. <br />There is a rebate program through this contract in which the City receives monies back outlined as <br />follows: <br />• At least $10k - $25k Annual (calendar year) Net Sales = 1% Rebate <br />• At least $25k - $100k Annual (calendar year) Net Sales = 2% Rebate <br />• Over $100k Annual (calendar year) Net Sales = 5% Rebate. <br />FUNDING SOURCE: <br />Various budget accounts. <br />ATTACHMENTS: <br />Resolution <br />Home Depot Contract <br />Item Number: 10.1 <br />224 <br />