HomeMy WebLinkAbout4.C.6. Authorize Use of Re-Purchase Agreement for Unit #134..rm Consent Business 4. C. 6.
SHAKOPEE
TO: Mayor and City Council
Mark McNeill, City Administrator
FROM: Mike Hullander, Public Works Superintendent
DATE: 04/15/2014
SUBJECT: Authorize use of Re- purchase Agreement for Unit 4134
Action Sought
Authorize staff to utilize the re- purchase agreement with Ag Power Enterprises, Inc. on unit # 134
a 2012 John Deere 5085 Tractor for the price of $5,896.00 with the funds to be expended from the
Capital Equipment Internal Service Fund.
Background
Public Works has re- purchase agreements with Ag Power Enterprises, Inc. on four JD 5085
Tractors, three JD 1445 Mowers, one JD Gator and one JD 6430 Tractor. The JD 5085 Tractor
agreements are trade every 18 months for $4,000.00 up to 250 hours and $12.00 for every
additional hour after 250 hours. Unit #134 currently has 408 hours for a re- purchase price of
$5,896.00. The use of these agreements provides us with equipment that is always under
warranty. Staff will utilizing State Bid Pricing Contract #74050.
Recommendation
Staff recommends using these re- purchase agreements.
Budget Impact
Funding to be expended from the Capital Equipment Internal Service Fund.
Relationship to Vision
C. Maintain the City's strong financial health.
E. Deliver effective and efficient public services by a staff of welltrained caring and professional
employees.
Requested Action
Authorize staff to utilize the re- purchase agreement with Ag Power Enterprises, Inc. on unit # 134
a 2012 John Deere 5085 Tractor for the price of $5,896.00 with the funds to be expended from the
Capital Equipment Internal Service Fund.
Attachments: Unit #134 Re- purchase 2014
40 S 'd
I
Quote Summary
Prepared For:
Shakopee Public Works Dept
400 Gorman St
Shakopee, MN 55379
Prepared By:
Terry Siemon
Ag Power Enterprises, Inc.
1051 Old Hwy 169 Blvd
Belle Piaine, MN 56011
Phone: 952 - 873 -2224
terrysiemon @agpowegd.com
Trade In Total
Quote Id:
Created On:
Last Modified On:
Expiration Date:
9433472
01 April 2014
01 April 2014
30 April 2014
Equipment Summary
Selling Price Qty
Extended
JOHN DEERE 5085M Utility Tractor
$ 67,772.00 X 1 =
$ 67,772.00
(70 PTO hp) -1 LV5085MEEJ644022
Trade In
$ (64,755.74)
MFWD Front Fenders 12.6 In. (320
$ 127.11 X 1 =
$127.11
mm) Wide
Down Payment
(0.00)
Mounting Brackets and Hardware Kit
$ 856.63 X 1 =
$ 856.63
- MFWD Fenders WITHOUT
Balance Due
$ 4,000.00
LOADER
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1 W76.
—
Equipment Total
$ 68,755.74
Trade in Summary
Qty Each
Extended
JOHN DEERE 5085M TRACTOR -
1 $ 64,755.74
$ 64,755.74
1LV5085MACJ444203
Payoff
$ 0.00
Total Trade Allowance
$ 64,755.74
Trade In Total
$ 64,755.74
Quote Summary
Equipment Total
$ 68,755.74
Trade In
$ (64,755.74)
i�. per
SubTotal
Total
$ 4,000.00
$ 4,000.00
Down Payment
(0.00)
j f
Rental Applied
(0.00)
Balance Due
$ 4,000.00
S2 ADD�Tw �( RL lA a .
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1 W76.
—
P I) 0 0
Salesperson: X
6'ai-I 7.2,ac7 4 /T!O
Confidential
Accepted By: X