HomeMy WebLinkAbout5.B.1. Approve Re-purchase Agreement for the John Deere Gator
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City of Shakopee
Memorandum
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TO: Mayor & City Council ' . NG~ ... ,. I~ j
Mark McNeill, City Administrator " . ~L.~ I
Bruce Loney, Public Works Director
FROM: Michael HuIlander, Public Works Supervisor
SUBJECT: Re-purchase Agreement for the John Deere Gator.
DATE: April 18, 2006
INTRODUCTION:
This item is for Council authorization to use the re-purchase agreement for the John
Deere Gator for the price of$I,597.50.
BACKGROUND:
Public Works needs council authorization before utilizing the re-purchase agreement with
Siemon Implement, 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 $1,597.50. As in the past Public Works will
invoice Shakopee Downtown Partnership for the re-purchase.
ALTERNATIVES:
1. Authorize staff to utilize the agreement.
2. Deny the authorization.
3. Table for more information.
RECOMMENDATION:
Staff recommends alternative no. 1.
ACTION REQUESTED:
Motion to direct staff to utilize the re-purchase agreement with Siemon Implement, Inc.
on the John Deere Gator for the price of$I,597.50. The purchase price to be funded out
of the Internal Service Equipment Fund. And direct staff to invoice Shakopee Downtown
Partnership $1,597.50 to reimburse the fund.
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Michael Hullander
Public Works Supervisor