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10/24/2017 Resolutions 2017-301RESOLUTION 2017-301 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 $49,195.67 with a trade-in value of $43,281.67 for a net purchase price of $5,914.00; and WHEREAS, Central Nebraska Bobcat quoted a price for purchasing a new T595 T4 compact track loader for $45,331.58 with a trade-in value of $42,031.58 for a net purchase price of $3,300.00. 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 $49,195.67 with a trade-in value of $43,281.67 for a net purchase price of $5,914.00 and the purchase of a new T595 T4 compact track loader for $45,331.58 with a trade-in value of $42,031.58 for a net purchase price of $3,300.00 from Central Nebraska Bobcat of Grand Island, NE is approved. Adopted by the City Council of the City of Grand Island, Nebraska, October 24, 2017. Attest: ��� � RaNae Edwards, City Clerk �1 .� �1. L � :"� ��: � � > Approved as to Form tt� October 23, 2017� tt, ity rney