Title
A Resolution Requesting Approval to Replace an Excavator for the Street Department
Summary
Description of Topic:
The Street Department is requesting to purchase a 2021 John Deere 160G Excavator from Beard Equipment Company under Sourcewell (NJPA) Contract #032119-JDC for a total of $179,900 under Account #100-3015-5100 as a replacement for the 2019 John Deere 160G Excavator (#3015096, SER# 7229) that was totaled by AMIC Insurance after it slid off in the pond at Doc McDuffie Road while working on drainage issues. AMIC is going to pay the city $141,771.50 resulting in a request for $38,128.50 of new funding replace the excavator. The replacement excavator is needed to continue fixing drainage issues and continue road building around the city.
Budgetary Impact:
Non-Capital Item:
____ Budgeted under account #_______________ (discussion item)
____ Not budgeted, requesting transfer of $________from Account #___________ to Account #_________________.**Request to Transfer Departmental Budget Dollars form must be attached**
__X__ Not budgeted requiring increase to account #_100-3015-5100-$179,900; 100-1012-4703 $141,771.50. Net increase of $38,128.50_ **Request to Increase Departmental Budget Dollars form must be attached**
Capital - Departmental **Capital Purchase Worksheet form must be attached**
____ Budgeted under account #______________ for $_________ and described in budget as ________________________. Additional amount needed, if any: Increase in budget of $_________ OR, transfer of $________ from Account #____________ to Account #_____________**Request to Increase OR Request toTransfer Departmental Budget Dollars form must be attached**
____ Not Budgeted - account #____________ requires budget increase of $_____________.**Request to Increase Departmental Budget Dollars form must be attached**
Capital Project - **If requesting to start a project, a Capital Project Worksheet form must be attached**
In current year Capital Projects Plan:
_____ Yes, described as __________________________, planned amount $___________, requesting $_________ as total project estimate, including contingencies, under account #_________________
_____ No, requesting $___________ as total project estimate, including contingencies, under account #____________________.
_____ No, requesting an increase of $___________ to an already approved project titled ________________________ that is being tracked under Account No. ___________________.
Body
WHEREAS, A 2019 JD160G Excavator (#3015096, SER# 7229) was totaled by AMIC Insurance after it slid off in the pond at Doc McDuffie Road, AND
WHEREAS, The Street Department is requesting to purchase a 2021 John Deere 160G Excavator from Beard Equipment Company under Sourcewell (NJPA) Contract #032119-JDC as a replacement for $179,900, AND
WHEREAS, AMIC's insurance settlement is $141,771.50.
NOW THEREFORE BE IT RESOLVED by the City Council of the City of Foley, Alabama, as follows:
SECTION 1: Approves the purchase of a new 2021 John Deere 160G Excavator from Beard Equipment Company under Sourcewell (NJPA) Contract #032119-JDC in the amount of $179,900.
SECTION 2: Approves increasing Capital Purchase expense account #100-3015-5100 by $179,900, and Insurance Settlement revenue account #100-1012-4703 by $141,771.50.
SECTION 3: This Resolution shall become effective immediately upon its adoption as required by law.