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
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