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HomeMy WebLinkAbout1994-10-12 94-450 ORDER^ODNCD.ACTION Daze: October 12,1994 Item NO. 94-_450_ Item/Subject; Sale of 1993 Caterpillar loader Responsible Deparha n: Purohasing/WasteWater Treatment ConweMmy: The Wwbtawr aer Treatment Plead purchased this loader for wean the composting site an the Airport. The equipment ares purchased September 1993 for $112,216.00 with a one year buyback agreement of $100,000.00 from the eager, Southavorth Mifton of Brewer. Ralph hTishou, Supt of W.W.T.P. suggested than we put the equipment up for sale by public bid to sea if we could get more than the $100,000.00 offered in the original bid. The agreement with Southworth htiltoa for than to buy back the equipment at $100,000.00 is strictly an option that the City may, or may not exercise at its discretion. There is no penalty or cast to the City for keeping, and selling the equipment. Three bids were received and die high bid of @$116,000M was reviewed and approved by the Finance Communities on October3, 1994. Managers Commends: '1_0.&� �p(DrtyrynQyQ�®� City Manager Associated hBormation: Bid tabulation Budget Approval: ce Director Legal Approval: Pa nt City Solicitor introduced For: Passage Fust Reading Moral ❑ ❑ 94-450 Ae®pped to Counegoe Sullivan October 12, 1994 CITY OF BANGOR (TITLE.) a6/Ib2Ta Auth➢riging We o(1993 Caterpillar louder........... __. By me City CoxnoR W tM M1 of D%V*r.' ORDERED. - TWT Phe Purchasing Agent ishereby authorized to a ell the 1,993 Cabe illar Model 95oi - -- loaderto Huges Brothers, No. thehigh bidder at 5116,000.00 94-450 ORDER Title. In City Council October 12, 1994 Authorizing Sale of 1993 Catevpillav Passed ....W Ior............................ tY Clezk...................................... ......l.Y:4MW. Councilman 4nVCMuncil an 94-450 CITY f�OF; `\^� L MAINE .43 AWARD RECOMMENDATION DUARTMENfWe;1eWaWTrewrnedP1mt BD18GBf REFBRENCE: Regular Appropriations Budget Requisition No. x Emeryrise Fund Dem Hudgemd Amount Tafel Amouatof ether Award Remvmwnmtim$ 116,000.00 Numbmaf Bids Smt: 66 NumbwufBids Received: 3 Date Advertised:9/19/94 Bid Opmiog Dace: 928/96 COMMENTS: Sell the loader to Flagea Bros, offiampden, the high bidder ®$116,000.00. This loader was purchased one year ago for $112,264.00 wHh a buy,bk& alg;mmem for $100,000.00. BymUingWsequipraemindepmdalytba Chywillmakem ey the section. //// • t ! 1 Pagel ar i CITY OF BANGOR BM ODenina Seolem0er38.1984 BID TABULATION BALE OF WMER Huges Mh Is Ham en, Malne Ueelegn EquI;meM Co. LNvelenq OMo Veu0j IDlbueeau &Sons Naha W. Mahe ITEM DECRIPTION OTY. UNIT Unit Price Item Total Unit Price Item Total Unit Price Item Total 1. Ie of 1993 Cat illor Moeel 950FIILoatler 118,000.00 109000.00 81040.00 TOTALAMOUNT BID 118000.00 a109000.00 Sal010.00