08/13/2013 Resolutions 2013-258 RESOLUTION 2013-258
WHEREAS, the City of Grand Island invited proposals for a Combination Sewer
Cleaner Truck, according to Request for Proposals on file with the Public Works Department; and
WHEREAS,on May 22,2013 proposals were received,reviewed,and evaluated in
accordance with established criteria; and
WHEREAS, Nebraska Environmental Products of Lincoln, Nebraska submitted a
proposal in accordance with the terms of the Request for Proposals and received the highest ranking
based on the established criteria.
WHEREAS,the options and lease purchase temis were negotiated for a net purchase
price of$311,370; and
WHEREAS, such amount will be financed by Key Government Finance, Inc. of
Superior, Colorado; and
WHEREAS, a payment of$135,000.00 will be paid in advance; and
-- WHEREAS, the remaining five (5) annual payments will be in the amount of
$37,629.77; and
WHEREAS, the total repayment amount will be $323,148.85.
NOW,THEREFORE,BE IT RESOLVED BY THE MAYOR AND COUNCIL OF
THE CITY OF GRAND ISLAND,NEBRASKA, that the lease purchase of a Combination Sewer
Cleaner Truck from Nebraska Environmental Products of Lincoln,Nebraska is hereby approved.
BE IT FURTHER RESOLVED,that the Mayor is hereby authorized and directed to
execute such contract on behalf of the City of Grand Island.
Adopted by the City Council of the City of Grand Island,Neb aska, ugus 13, 2Q1-3
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Jy Va 'cek, ayor
Attest:
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a L .
RaNae Edwards, City Clerk
Approved as to Form la .,w
August 12,2013 a City Cmey