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HomeMy WebLinkAbout4.C.3. Purchase of an Excavator for the Surface Water Division Consent Business 4• C• 3• Si i.AKOI't is TO: Mayor and City Council Mark McNeill, City Administrator FROM: Mike Hullander, Public Works Superintendent DATE: 02/19/2013 SUBJECT: Purchase of an Excavator for the Surface Water Division (C & E) Action Sought Move to authorize the purchase of one new excavator from Titan Machinery for the price of $93,353.37, the funding to be expended from the Surface Water Fund. Background This Spring the Public Works Department began demonstrating various vendors excavator's to determine the size, lifting capability and break -out force that we would need to accomplish 90% of our storm water pond maintenance needs. After demonstrations from Ziegler, Inc. and Titan Machinery, staff has determined that the Case CX80 Excavator from Titan Machinery meets our needs with the lowest price using State Bid Pricing. Staff not only demonstrated the excavator but also rented the CX80 from July to the first week of December. The total cost of renting was just over $15,000.00. Staff is requesting council consider purchasing this excavator due to the high cost of renting. Titan Machinery has agreed to credit the rental amount of $15,283.25 towards this purchase. The State Bid Price for the CX80 Excavator is $98,565.00, with the rental credit the price is lowered to $83,281.75. With sales tax ($5,725.62) and the addition of a hydraulic thumb for installing rip -rap ($4,346.00) the total cost of this purchase is $93,353.37. The funding for this purchase would be expended from the Surface Water Fund. The Finance Department has determined the annual cost for this purchase over the 20 year life cycle would be approximately $5.500.00. The $5,500 annual cost for the purchase and ownership is far less than $15,000.00 or more cost of renting. Staff will be using State Contract #770 -512. Recommendation Staff recommends this purchase as the annual costs of ownership are now much lower than renting. Budget Impact This purchase affects the Surface Water Enterprise fund. 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 the purchase of one new CX80 Excavator from Titan Machinery for the price of $93,353.37, the funding to be expended from the Surface Water Fund. Attachments: