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HomeMy WebLinkAbout12-081 Hot Patch Machine Purchase 4646 Dakota Street SE Prior Lake, MN 55372 RESOLUTION 1 2 - 081 A RESOLUTION AUTHORIZING THE PURCHASE OF ONE STEPP FOUR TON HOT PATCH MACHINE. Motion By: Soukup Second By: Keeney WHEREAS, Each year the City Council adopts an Equipment Replacement Plan as part of the Capital Improvement Program ( CIP) and WHEREAS, The 2011 Equipment Replacement Plan programmed $26,000.00 for the purchase of a Hot Patch Machine; and WHEREAS, The purchase of the Hot Patch Machine was postponed in 2011 to explore the potential for other Agencies to cost share the purchase; and WHEREAS, The funds for the replacement rolled into the Revolving Equipment Fund reserves; and WHEREAS, A detailed needs and financial analysis has been completed and was included in the a gen da report; and WHEREAS, Bids were received through the State Purchasing Program. NOW THEREFORE , BE IT HEREBY RESOLVE D BY THE CITY COUNCI L OF PRIOR LAKE, MINNESOTA as follows: 1. The recitals set forth above are incorporated herein. 2. Staff is auth orized to purchase one 2012 Four Ton Stepp Hot Patch Machine from Stepp Manufacturing for a price not to exceed $ 26,042.23 . 3. The 2012 Revolving Equipment F und expenditure budget is amended in the amount of $ 26,043.00 and will be funded by Revolving Equipme nt Fund reserves. 4. Funds will be drawn from the Revolving Equipment Fund account #410 - 43100 - 580 . PASSED AND ADOPTED THIS 21 st DAY OF MAY 2012. YES NO Myser X Myser Erickson X Erickson Hedberg X Hedberg Keeney X Keeney Soukup X Soukup ______________________________ Frank Boyles, City Manager