Title
RESOLUTION AUTHORIZING THE PURCHASE OF A COMPLETE LIFT TRUCK FROM ALTEC INDUSTRIES, INC. IN THE AMOUNT OF $206,443.
 
Body
CITY PROPOSAL: 
RESOLVED, that the proper city officials are authorized to contract with Altec Industries, Inc. for the purchase of a complete lift truck in the amount of $206,443, payable as follows:
 
$72,255.05                     510-500-1905-5580 (Water Fund, Public Works & Utilities, Capital, Capital Equipment)
$51,610.75                     520-500-1905-5580 (Gas Fund, Public Works & Utilities, Capital, Capital Equipment)
$51,610.75                     530-500-1905-5580 (Sewer Fund, Public Works & Utilities, Capital, Capital Equipment)
$30,966.45                     535-500-1905-5580 (Stormwater Fund, Public Works & Utilities, Capital, Capital Equipment)
 
Statement of Purpose
STATEMENT OF PURPOSE:  This resolution authorizes the purchase of a 2019 Freightliner chassis, outfitted with an 18 ton crane and all components, in the amount of $206,443.
 
The new truck will replace unit 1614, which is 28 years old.  The city has spent 181% of the original purchase price maintaining and repairing this truck over its life.
 
Purchasing issued an invitation for bids on May 3, 2019 and received 1 bid. The unit proposed by Altec Industries, Inc. meets the required specifications and is recommended for award.