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12/09/2025 Resolutions 2025-413 RESOLUTION 2025-413 WHEREAS,the Grand Island Utilities Department,Underground Division routinely installs new underground electrical infrastructure for new residential, commercial and industrial developments; and WHEREAS,crews are installing infrastructure in multiple locations at one time,and more than one tracked loader is needed; and WHEREAS, this lease will replace an old unit that has 3000+ hours and has been requiring more frequent repairs; and WHEREAS, since 2020, the Utility has entered annual lease agreements on other similar equipment that has proven to be an appropriate use of funds; and WHEREAS, a less expensive option would be an annual lease of the equipment for $8,600.00 based upon Sourcewell, a government pricing organization. NOW,THEREFORE,BE IT RESOLVED BY THE MAYOR AND COUNCIL OF THE CITY OF GRAND ISLAND, NEBRASKA, that the annual lease for the Bobcat Compact Track Loader for the Utilities Department,Underground Division in the total amount of$8,600.00 through the Sourcewell Cooperative Buying Group contract holder Hometown Leasing of Grand Island,Nebraska is approved, and the Mayor is hereby authorized to sign the lease on behalf of the City of Grand Island. Adopted by the City Council of the City of Grand Island,Nebraska, December 9, 2025. Roger G. Steele, Mayor Attest: die Jil1' ranere City Clerk