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HomeMy WebLinkAboutCity Council Resolution 2019-023 C ITY OF P LYMOUTH R ESOLUTION N O. 2019-023 R ESOLUTION A PPROVING THE P URCHASE OF A N EW E XCAVATOR WITH A TTACHMENTS AND N EW T RAILER WHEREAS, the approved 2019-2023 Capital Improvement Program (CIP) identifies funding from the Central Equipment Budget for a replacement excavator with attachments and trailer; and WHEREAS, the current excavator and backhoe that were used used for these purposes are 15 years old and will be traded in to offset the cost of the new excavator; and WHEREAS, RDO Equipment Co. has contracts with the state (#132294) for an excavator and attachments, plus a new trailer contract (#0000199158) that meets the City’s specifications. NOW, THEREFORE BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF PLYMOUTH, MINNESOTA, that the purchase of one current model excavator, attachments and trailer from RDO Equipment Co. is approved. BE IT FURTHER RESOLVED that the excavator with attachments from RDO is a net cost of $211,986.52, reflecting a purchase price of $271,986.52 and a trade-in value for the City’s 2002 430D Cat backhoe and the City’s 2003 Case CX160 excavator of $60,000.00. No sales tax will be due on this unit. The cost of the new trailer with sales tax and registration is $33,023.31. BE IT FURTHER RESOLVED that funding shall be from the Central Equipment Budget (600-70- 760-76001-8100.500) for a total of $245,009.83. APPROVED by the City Council on this 22nd day of January, 2019.