Title
Street Dept. requests to use insurance proceeds to purchase a new Ventrac 4500Y with edger attachment.
Summary
The Street Department requests to use $12,016.00, in insurance settlement proceeds, received for a John Deere 1565 mower #07001 (VIN 0193), which was destroyed/totalled in a fire and funds budgeted to purchase a boom mower for $16,000.00, to purchase a new Ventrac 4500Y with edger attachment for $24,538.50 under the State of Alabama Commercial Contract# T225: commodity code 515-45-092701;line 57. This item will relieve a 2000 model which is no longer reliable and probably will not make it through the rest of the season. This purchase would shore up the Street Departments ability to maintain the edging of 95% of all sidewalks throughout the City.
Budgetary Impact:
Non-Capital Item:
____ Budgeted under account #_______________ (discussion item)
____ Not budgeted, requesting transfer of $__________ from Account #______________ to Account #_____________.
____ Not budgeted requiring increase to account #___________ in the amount of $____________.
Capital - Departmental
__X__ Budgeted under account # 100-3010-5100 for $ 16,000.00 and described in budget as Attachment for Boom Mower.
Additional amount needed, if any: Increase in budget of $_12,016_____ to Account #_100-3010-5100 Streets - Capital Purchase__ and Account #_100-1012-4703 Insurance Settlement Proceeds._
____ Not Budgeted - account #____________ requires budget increase of $_____________.
Capital Project - **THE PRE-PROJECT CHECKLIST AND BUDGET CHECKLIST MUST BE ATTACHED TO THIS FILE**
In current year Capital Projects Plan:
_____ Yes, planned amount $___________, requesting $_________ as total project estimate, including contingencies, under account #_________________
_____ No, requesting $___________ as total project estimate, including contingencies, under account #____________________
Body
WHEREAS, $12,016.00 was receipted to the insurance settlement account# 100-1012-4703, and
WHEREAS, this insurance settlement was for the Street Dept. John Deere 1565 mower #07001 (VIN0193), which was destroyed/totalled in a fire, and
WHEREAS, the Street Department requests to use those funds and additional budgeted funds to purchase of a new Ventrac 4500Y with edger attachment for $24,538.50 under the State of Alabama Commercial Contract# T225: commodity code 515-45-092701;line 57., and
WHEREAS, the Street Department is asking to purchase the Ventrac 4500Y instead of the approved item "boom mower attachment," which was budgeted for $16,000.00 under Acct# 100-3010-5100 (Old# 01-607-7010), and,
WHEREAS, this purchase would shore up the Street Deparments ability to maintain the edging of 95% of all sidewalks throughout the City.
NOW THEREFORE BE IT RESOLVED that the City Council of the City of Foley, Alabama, as follows:
SECTION 1: Approves the use of $12,016.00 of insurance settlement and amends account# 100-3010-5100 and account# 100-1012-4703, accordingly.
SECTION 2: Approves the purchase of a new Ventrac 4500Y with edger attachment for $24,538.50 under the State of Alabama Commercial Contract# T225: commodity code 515-45-092701;line 57, instead "boom mower attachment, for which the money was originally budgeted.
SECTION 3: This Resolution shall become effective immediately upon its adoption as required by law.