HomeMy WebLinkAbout5.B.6. Re-purchase Agreement for 2008 John Deere 1445 Mower
CITY OF SHAKOPEE s: G.b.
MEMORANDUM
TO: Mayor & City Council CO~t'rt\ r
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Mark McNeill, City Administrator p,Cii\)
Bruce Loney, Public Works Director
FROM: Michael Hullander, Public Works Superintendent
DATE: January 19,2010
SUBJECT: Authorize utilization of Re-purchase Agreement for Unit No. 152 a 2008 John Deere 1445
Mower from Ag Power Enterprises, Inc.
INTRODUCTION:
Public Works is requesting council authorize staffto utilize the annual re-purchase agreement for $4,275.00
(one new 20101445 Mower) from Ag Power Enterprises, Inc.
BACKGROUND:
Public Works has re-purchase agreements with Ag Power Enterprises, Inc. on three JD 5425 Tractors, three JD
1445 Mowers, one JD Gator and one JD 6430 Tractor. The 1445 Mower agreements are trade every 18 months
for $4,000.00 up to 275 hours and $8.00 per every additional hour after 275 hours.
Below is the agreement with costs to date, we estimate no additional hours.
Agreement with Ag Power Enterprises, Inc.
State bid #436931 for New 2010 John Deere 1445 Mower
Current hours: 228
-275
- 47 (No additional hours) 0.00
+ $4.000.00
Current Total $4,000.00
Tax $ 275.00
Total cost of trade $4,275.00
ALTERNATIVES:
1. Authorize staff to utilize the re-purchase agreement with Ag Power Enterprises, Inc. on unit # 152 a 2008
1445 Mower for the price of $4,275.00.
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 Ag Power Enterprises, Inc. on unit #152 a 2008 John
Deere 1445 Mower for the price of $4,275.00 with the funds to be expended from the Internal Service Equipment
Fund.
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Public Works Superintendent