BY COUNCILOR STOVER:
RESOLVED, that Nortrax Equipment Company, Inc., be and hereby is awarded a contract for the purchase of a John Deere 80C excavator with related attachments and maintenance agreement in accordance with its low bid of $110,020 plus sales tax of $7,151.30, for a combined total of $117,171.30, terms net ten days, FOB destination, payable from the Sewer Fund 530, Department/Agency 500, Organization 1905, Object 5580 and Requisition No. 06-0729.
STATEMENT OF PURPOSE: This resolution will authorize a contract with Nortrax Equipment Company, Inc., for the purchase of a John Deere 80C excavator with related attachments and maintenance agreement for $117,171.30 payable from the Sewer Fund 530. The maintenance agreement covers up to 3,500 hours, or five years. This equipment, which replaces Unit #2716, will be used for work in the public works and utilities department. The vendor’s quote is based on the current state of Minnesota contract pricing; the contract number is E-95(5). Nortrax Equipment Company, Inc., is located in Duluth, Minnesota.
Requisition No 06-0729