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HomeMy WebLinkAbout86-94 RESOLUTIONRESOLUTION NO. 86-94 A RESOLUTION AWARDING BID NO. 94-48 IN THE AMOUNT OF $46,000.00 TO WILLIAMS FORD TRACTOR TO PURCHASE 1 NEW UNIT (TRACTOR, BACKHOE, AND LOADER EQUIPMENT), LESS $17,100.00 TRADE ALLOWANCE FOR A NET TOTAL AMOUNT OF $28,900.00. BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FAYETTEVILLE, ARKANSAS: Section 1. The City Council hereby awards Bid No. 94-48 in the amount of $46,000.00 to Williams Ford Tractor to purchase 1 new unit (tractor, backhoe, and loader equipment), less $17,100.00 trade allowance thr a net total amount of $28,900.00. A copy of the bid tabulation is attached hereto marked Exhibit "A" and made a part hereof. PASSED AND APPROVED this 2nd day of August , 1994. ATTEST::) i By: S /r? !? 72,,t Traci Paul, City Clerk APPROVED: f By. Fred Hanna, Mayor rrl 43 ()ONO NI 34`1±1 Z# W311) (IINO NI 313# W311) • ITEM 1. SUMMARY TO BE DELIVERED AS 1 COMPLETE UNIT: Williams Ford Tractor $ 46, 000.00 Less Trade Allowance CREDIT $ 17,100.00 TOTAL NET COST $ 28, 900.00 TOTAL BID AWARD: $ 28,900.00 As a deciding factor, a careful evaluation of all aspects of the final bid were taken into consideration prior to the award recommendation to give us maximum safety, efficiency, and economy. With all factors considered it should also tend to improve resale value of equipment of this type. The inclusion of specific options when weighing the initial cost against projected benefits, prove to be the best economical choice. The budgeted amount for this item is from the Shop Fund Capital Expenditures Program, Vehicles and Equipment, Backhoe/Loader, 9700-1920-5802.00 in the amount of $56,000.00. With the purchase of this unit at $28,900.00 a balance of $27-,100:60- in x� remains to be utilized at a later date for other projects if necessary. Safety, Efficiency and Longevity considerations were a deciding factor for the functional items included in the Specifications and Recommended Award.