File #: 17-0177    Version: 1 Name:
Type: Resolution Status: Passed
File created: 1/27/2017 In control: City Council
On agenda: 2/14/2017 Final action: 2/21/2017
Title: Lease-Purchase of a Valve Maintenance Trailer for Water Department (Council Priority - Water) Resolution authorizing the City Manager, or designee, to lease-purchase a valve maintenance trailer for the Utilities Department from E. H. Wachs Utility Products, a division of ITW, of Harvard, Illinois, based on a sole source for a total amount not to exceed $82,280.21; and finding that the purchase of the valve maintenance trailer is necessary to preserve and protect the public health and safety of the City’s residents. Total Lease-Purchase Price: $75,387.35 Total Estimated Allowable Interest for Lease: $6,892.86 Grand Total: $82,280.21
Sponsors: Fleet Maintenance Services, Water Utilities Department, Contracts and Procurement
Attachments: 1. Agenda Memo - Valve Maint Trailer, 2. Resolution Sole Source - Valve Maintenance Trailer, 3. Price Sheet - Valve Maintenance Trailer, 4. Sole Source Letter

Title

Lease-Purchase of a Valve Maintenance Trailer for Water Department (Council Priority - Water)

 

Resolution authorizing the City Manager, or designee, to lease-purchase a valve maintenance trailer for the Utilities Department from E. H. Wachs Utility Products, a division of ITW, of Harvard, Illinois, based on a sole source for a total amount not to exceed $82,280.21; and finding that the purchase of the valve maintenance trailer is necessary to preserve and protect the public health and safety of the City’s residents.

 

Total Lease-Purchase Price:

$75,387.35

Total Estimated Allowable Interest for Lease:

  $6,892.86

Grand Total:

$82,280.21