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07/27/2010 Resolutions 2010-200RESOLUTION 2010-200 WHEREAS, on August 26, 2008 by Resolution 2008-227 City Council approved the repurchase agreement with Central Nebraska Bobcat of Grand Island, Nebraska; and WHEREAS, the City of Grand Island has a replacement agreement in the original bid package for the skid steer loader with Central Nebraska Bobcat of Grand Island, Nebraska; and WHEREAS, such buyback is based on $7.50 per operating hour and the current skid steer loader has 360 hours of use for a net replacement cost of $2,700.00; and NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND COUNCIL OF THE CITY OF GRAND ISLAND, NEBRASKA, that the skid steer replacement in the amount of $2,700.00, from Central Nebraska Bobcat of Grand Island, Nebraska is hereby approved. Adopted by the City Council of the City of Grand Island, Nebraska, July 27, 2010. Margar Hornady, Mayor Attest: ~~~ RaNae Edwards, City Clerk Approved as to Form n ' July 26, 2010 p City Attorney