03/22/2016 Resolutions 2016-65RESOLUTION 2076-65
4✓HEREAS, the City of Crraod Island invited pioposals for a New Motor Grader,
awording to Request for Proposals on file with the Public Works Department; and
WAEREAS, on Februazy?A, 2016 proposals were received, ceviewed, and evaluated
in accordance with established criteria; and
WHEREAS, Murphy Tractor of Grand Island, Nebraska submitted a proposal in
accordance wifh the t�erms of Ihe Request foc Proposals and received the highest ranking based on the
established eriteria; and
4VHEREAS, the opYions and lease purchase terms were negotiated for a net purohase
price of $213,600; and
W HEREAS, sach amouut will be financed by John Deere Finance foc five (5) annual
payments of $45,723.02 with the first payment due on November 1 Q 2017; and
WHEKEAS, the total repayment amount will be $228,611.20.
NOW, THF.RGFORF, BF IT RESOLVED BY THE MAYOR AND COUNCIL OF
THE CITY OF GRAND ISLAND, NEBRASKA, that the lease purchase of a New Motor Grader
from Murphy Traetor oF Grand Island, NE is hereby approved.
BE IT FURTHER RESOLVED, that the Mayor is hereby authorized and directed to
exeeute such contract on behalf of the City of Crrand Island.
Adopted by the City Council of the Ciry of Gcand Island, Neb�aska, Mareh 22, 2016
Attest:
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— RaNae Edwards, Ciry Clerk
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,Terei I... Je sen yor
Appmvee as lo Porm o
Marc021.20t8 ityAY4mey
RESOLUTION 2016-65
Wi-iFRLAS, the Ciry of Grand Island invited pcoposals for a New Motor Grader,
according to Request for Proposals on file with the PubLic Works Department; and
WHEREAS, on February 24, 2016 pcoposals were received, reviewed, and evaluated
in accordance with established eriteria; and
WHEREAS, Murphy Tractor of Grand Island, Nebraska submitted a proposal in
accordance with the terms of Che Request for Proposals a�d received the highest ranldng based ou the
established criteria; and
W HEREAS, the options and Iease purchase terms were negotiated foc a net purchase
price of $213,600; and
WHERCAS, such amount wilt be financed by John Dee�e Finance for five (5) annual
payments of $45,723.02 with the first payment due on November 1 Q 2017; and
W F�IL�R�AS, the total repayment amount wiLl be $228,611.20.
NOW, TFIBREFORE, B8 IT RESOLVFD BY TAE MAYOR AND COUNCIL OF
THE CITY OF GRAND ISLAND, NFsBRASKA, that the lease purchase of a New Motor Grader
from Murphy "Cractor of Grand Island, NE is hereby approved.
BF, IT FURTHER RESOLVED, tktat the Mayor is hereby authorized and directed to
exeeute such contract on behalf of the Ciry of Grand Island.
Adopted by the Ciry Couneil of the City of Grand Island, Nebraska, March 22, 2016
Attest:
—RO.��cv� ir�i.'GU"�.pf-
RaNae Edwazds, Ciry Clerk
kl/.�-� t�.
Jerei L.Je sen yor
Appmvetl as to form v ,�
M2rcM1 2t, 2016 �yA��pEy