Title
A Resolution Requesting to go to Bid and Purchase a Vehicle for the Parks and Recreation Department.
Summary
The Parks and Recreation Department recently had a 2022 Ford F-150 crew cab truck that was involved in an accident and the insurance company deemed it a total loss. We have received reimbursement from State Farm, the insurance provider for the driver at fault, in the amount of $36,749.40. We're requesting permission to go to bid for a replacement vehicle. At this time, it's our intent to not request any additional funding and use the amount received from State Farm to purchase the replacement.
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**
____ Not budgeted requiring increase to account #___________ in the amount of $____________.**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**
__x__ Not Budgeted - account #_100-5030-5100 in the amount of $36,749.40 and account #100-1012-4703 (Insurance Settlement Account) in the amount of $36,749.40.
**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 #____________________.
_____ Yes, requesting an increase of $___________ to an already approved project titled ________________________ that is being tracked under Account No. ___________________.
_____ No, requesting an increase of $__________ to an already approved project titled _______________________ that is being tracked under Account No. _________________.
Body
WHEREAS, The City of Foley received a check from State Farm in the amount of $36,749.40 as payment for the wrecked asset and requests to amend the budget accordingly, and
WHEREAS, the Parks and Recreation Department is requesting permission to go to bid to purchase a new vehicle and the purchase is to not exceed $36,749.40.
NOW THEREFORE BE IT RESOLVED that the City Council of the City of Foley, Alabama, as follows:
SECTION 1: Amends the budget to account for the insurance proceeds and offsetting expense: 100-5030-5100 in the amount of $36,749.40 and 100-1012-4703 (Insurance Settlement Account) in the amount of $36,749.40.
SECTION 2: Approves going to bid and purchasing a new vehicle under account #100-5030-5100 and for the amount to not exceed $36,749.40.
SECTION 3: This Resolution shall become effective immediately upon its adoption as required by law.