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HomeMy WebLinkAbout4.C.2. Authorize Utilization of Re-purchase Agreement for John Deere Mower and John Deere Tractor Consent Business 4• C. 2• si I AK I'[E TO: Mayor and City Council Mark McNeill, City Administrator FROM: Mike Hullander, Public Works Superintendent DATE: 02/19/2013 SUBJECT: Authorize Utilization of Re- purchase Agreement for John Deere Mower and John Deere Tractor (C & E) Action Sought Move to authorize staff to utilize the re- purchase agreements with Ag Power Enterprises, Inc. on unit # 152 a 2011 John Deere 1445 Mower and unit # 132 a 2011 5085 Tractor. The combined price of $12,776.29 to be expended from the Internal Service Equipment Fund. Background Public Works has re- purchase agreements with Ag Power Enterprises, Inc. on three JD 5085 Tractors, three JD 1445 Mowers, one JD Gator and one JD 6430 Tractor. The 1445 mower agreements are trade every 18 months for $4000.00 up to 275 hours and $8.00 per every additional hour after 275 hours. The 5085 tractor agreements are trade every 18 months for $4000.00 up to 250 hours and $12.00 per every additional hour after 250 hours. Staff will be utilizing State Bid #41934 for the purchase of one new 2013 John Deere 1445 mower with an additional broom for the building maintenance division to use during winter months. The cost for this re- purchase including broom and tax is $8,244.79. The Internal Service Fund will be reimbursed the $3,720.64 cost of the broom from the Building Maintenance Budget. Staff will be using State Bid #54443 for the purchase of one new 2013 John Deere 5085 Tractor. We are estimating an additional 20 hours above the 250 hour limit. The cost of this re- purchase is $4,531.50. The total combined cost of the two re- purchase agreements is $12,776.29. The funds to be expended from the Internal Service Equipment Fund. Recommendation Staff recommends using these re- purchase agreements. Budget Impact Equipment rent has been included in the 2013 budget for this equipment. Rent payments go into the Internal Service Fund and these funds are use in the re- purchase agreements. 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 Move to authorize staff to utilize the re- purchase agreements with Ag Power Enterprises, Inc. on unit #152 a 2011 John Deere 1445 Mower and unit #132 a 2011 5085 Tractor for the combined price of $12,776.29, with the funds to be expended from the Internal Service Equipment Fund.