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HomeMy WebLinkAbout07-015 4646 Dakota Street S.E. Prior Lake, MN 55372-1714 RESOLUTION 07-015 A RESOLUTION TO APPROVE THE PURCHASE OF ONE (1) CASE 721 E WHEEL LOADER THROUGH THE STATE COOPERATIVE PURCHASING PROGRAM FROM ST. JOSEPH EQUIPMENT OF SHAKOPEE, MINNESOTA Motion By: LeMair Second By: Millar WHEREAS, The State Cooperative Purchasing Program and the City's Supplemental Specifications provide a base line for wheel loader purchases; and WHEREAS, St. Joseph Equipment's model 721 E meets or exceeds the specifications; and WHEREAS, The costs and repurchase price provide the best investment alternatives for the residents of Prior Lake provided in the chart below: Company/Model St. Joseph RDO Equipment Ziegler Equipment John Deere 624J CAT 938GII Case 721E Bid $152,236.00 $155,451.00 $170,398.00 Trade In Allowance $37,000.00 $35,000.00 $30,000.00 Purchase Price $115,236.00 $120,451.00 $140,398.00 Tax $7,490.34 $7,829.32 $9,125.87 Total Cost $122 726.34 $128,280.32 $149,523.87 5 year/5,000 hour $67,000.00 Will Not Provide $85,000.00 Repurchase Guaranteed 5 year Cost $55,726.34 NA $64,523.87 5 yr - Annual Cost $11,145.27 NA $12,904.77 Warranty 1 year unlimited 6 month parts and 1 year or 1,500 hours hours/2 year - 2,000 labor $200.00 deductible hours engine per occurrence after I-year Downtime replacement loader during warranty Safety and Tree $8,500.00 $8,500.00 $8,500.00 Spade Equipment Total Loader Cost $131,226.34 $136 780.32 $158 023.87 I:\COUNCIL\RESOLUTI\ENG&PW RES\2007\07-015 purchase front end loader.doc www.cityofpriorlake.com Phone 952.447.9800 / Fax 952.447.4245 NOW THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF PRIOR LAKE, MINNESOTA as follows: 1. The recitals set forth above are incorporated herein. 2. The City Council authorizes the expenditure of $131,226.34 for the purchase of one 721 E Wheel Loader from St. Joseph Equipment of Shakopee, Minnesota and safety tree and spade equipment to be installed by Fleet Majntenance staff. 3. Funds for these purchases shall be drawn from the Equipment Revolving Fund. PASSED AND ADOPTED THIS 16TH DAY OF JANUARY, 2007. Hauaen X Hauaen Erickson X Erickson Hedbera X Hedbera LeMair X LeMair Millar X Millar YES NO I:\COUNCIL\RESOLUTI\ENG&PW RES\2007\07-015 purchase front end loader.doc