11/24/2015 Resolutions 2015-318 RESOLUTION 2015-318
WHEREAS, the City of Grand Island approved participation in a buyback program
with Central Nebraska Bobcat of Grand Island,NE in November of 2014 for a compact track loader;
and
WHEREAS, Central Nebraska Bobcat quoted a price for purchasing a new compact
track loader for$48,188.17; and
WHEREAS, Central Nebraska Bobcat offered a trade-in value of$41,097.17 for
the Street Division's current compact track loader based on 600 hours of use; and
WHEREAS, participation in the buyback of the compact track loader would cost a
net amount of$7,091.00.
NOW,THEREFORE,BE IT RESOLVED BY THE MAYOR AND COUNCIL OF
THE CITY OF GRAND ISLAND,NEBRASKA,that the purchase of One(1)New Compact Track
Loader from Central Nebraska Bobcat of Grand Island, NE for $48,188.17, with a trade-in of
$41,097.17, for a net price purchase price of$7,091.00 is approved.
Adopted by the City Council of the City of Grand Island, Nebraska, November 24, 2015.
Jere in L. Je'/sen; ,yor
Attest:
Q0\c"--) ctruaz._
RaNae Edwards, City Clerk
Approved as to Form tt
November 23,20152 0 .911T-ley