Loading...
HomeMy WebLinkAbout5.B.2. Re-purchase agreement on the John Deere Gator S. (3.2. City of Shakopee Memorandum TO: Mayor & City Council CONSENT Mark McNeill, City Administrator FROM: Michael Hullander, Public Works Superintendent DATE: March 16,2010 SUBJECT: Re-purchase agreement on John Deere Gator. INTRODUCTION: This item is for Council authorization to use the re-purchase agreement for unit #162 the John Deere Gator for the price of$1,597.50. BACKGROUND: Public Works needs council authorization before utilizing the re-purchase agreement with Ag Power, Inc. The agreement is as follows: . John Deere Gator - at 1 year the re-purchase price is $1,500.00 up to 250 hours and $6.00 for every additional hour. There was slightly less than 250 hours so the total re-purchase price with tax is $1,597.50. As in the past, Public Works will invoice Shakopee Downtown Partnership for the re-purchase. ALTERNATIVES: 1. Authorize staff to utilize the agreement. 2. Deny the authorization. 3. Table for more information. RECOMMENDATION: Staff recommends alternative no. 1. ACTION REOUESTED: Motion to direct staff to utilize the re-purchase agreement with Ag Power, Inc. on the John Deere Gator for the price of$1,597.50. The purchase price to be funded out ofthe Internal Service Equipment Fund, and direct staff to invoice Shakopee Downtown Partnership $1,597.50 to reimburse the fund. ~~~ Michael Hullander Public Works Superintendent