11/08/2016 Resolutions 2016-275RESOLUTION 2016-275
WHEREAS, the City of Grand Island City Council approved participation in a
buyback program with Central Nebraska Bobcat of Grand Island, NE in November of 2014; and
WHEREAS, Central Nebraska Bobcat quoted a price for purchasing a new T650 T4
compact track loader for $49,190.67 with a trade-in value of $43,330.31 for a net purchase price of
$5,860.36; and
WHEREAS, Central Nebraska Bobcat quoted a price for purchasing a new T570
T4 compact track loader far $45,326.58 with a trade-in value of $31,694.12 for a net purchase
price of $13,632.46.
NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND COUNCIL OF
THE CITY OF GRAND ISLAND, NEBRASKA, that the purchase of new T650 T4 compact track
loader for $49,190.67 with a trade-in value of $43,330.31 for a net purchase price of $5,860.36 and
the purchase of a new T570 T4 compact track loader for $45,326.58 with a trade-in value of
$31,694.12 far a net purchase price of $13,632.46 from Central Nebraska Bobcat of Grand Island,
NE is approved.
Adopted by the City Council of the City of Grand Island, Nebraska, November 8, 2016.
Attest:
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RaNae Edwards, City Clerk
Jere y. Jens n, a r
Approved as to Form tt
November 7, 2016� tt ity orney