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01/12/2010 Resolutions 2010-10RESOLUTION 2010-10 WHEREAS, the City Of Grand Island invited sealed bids for one (1) 2010 Four Wheel Drive Front End Loader, according to plans on file with the Public Works Department; and WHEREAS, on December 22, 2009 bids were received, opened and reviewed; and WHEREAS, NMC Inc. of Doniphan, Nebraska submitted a bid in accordance with the terms of the advertisement of bids and specifications and all other statutory requirements contained therein, at a base price of $203,157.00, with a Repurchasing Agreement amount of$108,500.00, for a net cost of ownership of $94,657.00; and WHEREAS, the bid of NMC Inc. is less than the estimate. NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND COUNCIL OF THE CITY OF GRAND ISLAND, NEBRASKA, that thebid ofNMC Inc. ofDoniphan, Nebraska, at a base price of $203,157.00, with a Repurchasing Agreement amount of $108,500.00 fora 2010 Model 33,000 pound Four Wheel Drive Front End Loader is hereby approved as the lowest responsible bid. Adopted by the City Council of the City of Grand Island, Nebraska, January 12, 2010. ~~ ~ ; Margar Hornady, ayor Attest: n~ o~~~~ lance RaNae Edwards, City Clerk Approved as to Form n ~_ January 13, 2010 II City Attorney