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March 13, 200031/1)ttto�
STAFF REPORT � • ' /,
To: Mayor Yost and Members of the City Council
Attention: Keith R. Till, City Manager
From: Stephen G. Badum, Director of Public Works/ City Engineer
SUBJECT: AWARD OF BID —TELESCOPIC & ARTICULATING AERIAL
DEVICE ("Bucket Truck")
SUMMARY OF REQUEST
It is recommended that Council award bid for the purchase of (1) Telescopic & Articulating
Aerial Device to the lowest responsible bidder, Altec Industries, Inc. in the amount of $66,218
and approve attached resolution authorizing financing through Municipal Finance Corporation.
DISCUSSION
On November 10, 1999, bids were opened by the City Clerk for the purchase of a Telescopic &
Articulating Aerial Device to be used in the Public Works Department. This is a specialized
piece of equipment and there were a limited number of vendors available to submit bids. One bid
was received as follows:
1) Altec Industries, Inc. $66,218.00
The sole bid by Altec Industries, Inc, meets the City's specifications. Staff has researched and
found this to be an appropriate price based upon a review of costs for similar types of equipment.
FISCAL IMPACT
Funds to purchase/lease the equipment are available within the City's 99/00 budget under the
Street Divisions operations account. The lease will be executed with Municipal Financing
Corporation at a rate of 6.25%.
RECOMMENDATION
The proposed action will award the bid for a Telescopic & Articulating Aerial Device to the
lowest responsible bidder, Altec Industries, Inc. in the amount of$66,218 and authorize the City
Manager to execute lease documents with Municipal Financing Corporation.
PREPARED BY: NOTED AND APPROVED:
Stephen G. Badum,P.E., Director Keith R. Till, City Manager
Public Works Department
AGENDA ITEM 0