HomeMy WebLinkAbout5.D.5. Re-purchase Agreement for 2009 S185 and 2009 S-300 Bobcats
~ o. s:
CITY OF SHAKOPEE
MEMORANDUM
cn~.~~.~m~"\1!I!lI
,I '3.. f\,~ "6. </ . ':>' :~, '.:'
.. C U ~\<' ,\'11(; ;>~" I
TO: Mayor & City Council ,q. \I . I"~ .
. ~.lk~~.
Mark McNeill, City Administrator
Bruce Loney, Public Works Director
FROM: Michael Hullander, Public Works Superintendent
DATE: December 15,2009
SUBJECT: Authorize utilization of Annual Re-purchase Agreement for the 2009 S-
185 & S-300 Bobcats from Lano Equipment, Inc.
INTRODUCTION:
Public Works is requesting council authorize staff to utilize the annual re-purchase
agreement with Lano Equipment, Inc. for the price of $3,898.71, (one new 201OS-185)
& $4,137.56, (one new 2010 S-300) Bobcats.
BACKGROUND:
Public Works has annual re-purchase agreements with Lano Equipment, Inc. for four
Bobcat Skid Steer Loaders. These agreements were entered into with council
authorization at the time of purchase.
Staff is requesting that council approve utilizing the re-purchase agreement on unit # 147
a 2009 S-185 and unit #166 an S-300 Melroe Bobcats. The agreement is based on current
'&.~'.... State Bid Pricing minus the current market value on a one-year-old used Bobcat. There
also is an additional fee of$8.00 for every hour over 400 hours; to date staffhas not been
charged any additional fees. Funding for the S-300 comes from the Internal Service Fund
and the Surface Water Fund will be used for the S-185 Melroe Bobcat. Staff will be
utilizing State Contract # 441607.
One new 2010 Bobcat S-185 Turbo
State Bid Price $26,797.92
Less used S-185 Bobcat (23,150.00)
Net Trade $3,647.92
6.875% Tax $ 250.79
Total $3,898.71
One new 2010 Bobcat S-300
State Bid Price $33,871.40
Less used S-300 Bobcat (30,000.00)
Net Trade $3,871.40
6.875% Tax $266.16
Total $4,137.56
Grand Total $8.036.27
',,~_ _., "'1',"" ,~.',.
~ ~' .~, 1".::-
. '<"'-:i~ 'I {
ALTERNATIVES:
1. Authorize staff to utilize the re-purchase agreement with Lano Equipment, Inc. on
unit #147a 2009 S-185 & unit #166 a 2009 S-300 Bobcats for the total price of
$8,036.27.
2. Deny the request
3. Table for additional information
RECOMMENDATIONS:
Staff recommends alternative number one.
ACTION REQUESTED:
Authorize staff to utilize the re-purchase agreement with Lano Equipment, Inc. on unit
#147 a 2009 S-185 & unit #166 a 2009 S-300 Bobcats for the price of $8,036.27 with
$4,137.56 to be expended from the Internal Service Equipment Fund and $3,898.71 to be
expended from the Surface Water Fund.
Michael Hullander
Public Works Superintendent