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10/09/2012 Resolutions 2012-295 RESOLUTION 2012-295 WHEREAS, the City of Grand Island invited sealed bids for one(1) Snow Blower, Front-End Loader Mounted for the Streets Division of the Public Works Department, according to specifications on file with the Public Works Department; and WHEREAS, on September 26, 2012 bids were received, opened and reviewed; and WHEREAS, Nebraska Environmental Products of Lincoln, Nebraska submitted a capital lease purchase bid in accordance with the terms of the advertisement of bids and specifications and all other statutory requirements contained therein, such bid being in the total amount of$95,836.62; and WHEREAS, annual payments of$15,972.22 will be made for a period of six (6) years. WHEREAS,the capital lease purchase bid from Nebraska Environmental Products of Lincoln, NE is considered fair and reasonable for such item. NOW,THEREFORE,BE IT RESOLVED BY THE MAYOR AND COUNCIL OF THE CITY OF GRAND ISLAND, NEBRASKA, that the capital lease purchase bid of Nebraska Environmental Products of Lincoln, Nebraska in the total amount of$95,836.62 for one(1) Snow Blower,Front-End Loader Mounted is hereby approved as the lowest responsive and responsible bid. Adopted by the City Council of the City of Grand Island,Nebraska, October 9, 2012. 7 4111P .... :1a avric-k, Mayor Attest: as__ a2.1-0• P ar----) RaNae Edwards, City Clerk Approved as to Form 0 tt6�• October 8,2012 R City A rney