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12/18/2007 Resolutions 2007-329RESOLUTION 2007-329 WHEREAS, the City of Grand Island invited sealed bids fora 2008 Model 31,000 pound Four Wheel Drive Front End Loader, according to plans on file with the Public Works Department; and WHEREAS, on December 4, 2007, bids were received, opened and reviewed; and WHEREAS, Nebraska Machinery of Doniphan, Nebraska, submitted a bid in accordance with the terms of the advertisement of bids and specifications and all other statutory requirements contained therein, at a base price of $197,045.00, with atrade-in of $85,000.00 and a Repurchasing Agreement in the amount of $96,500.00, for a net cost of ownership being $15,545.00; and WHEREAS, the bid of Nebraska Machinery is less than the estimate for the 2008, Mode131,000 pound Four Wheel Drive Front End Loader. NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND COUNCIL OF THE CITY OF GRAND ISLAND, NEBRASKA, that the bid of Nebraska Machinery of Doniphan, Nebraska, at a base price of $197,045.00, with atrade-in of $85,000.00 and a Repurchasing Agreement in the amount of $96,500.00, for a net cost of ownership of $15,545.00 fora 2008, Model 31,000 pound Four Wheel Drive Front End Loader is hereby approved as the lowest responsible bid. Adopted by the City Council of the City of Grand Island, Nebraska, December 18, 2007. Margare ornady, Mayor Attest: ~G~ 0.2 Z~[~JQ~'~~ RaNae Edwards, City Clerk Approved as to Form d December 17, 2007 a City Attorney