Loading...
HomeMy WebLinkAboutRES 13-239 RESOLUTION NO.13-239 WHEREAS, heavy equipment and vehicles, as described in Exhibit "A," attached hereto, in the estimated total amount of$3.5 million, were identified during the preparation of the Fiscal Year 2014 Budget as needed in various city departments; and, WHEREAS, the Budget intended for these items to be bundled and financed over a period not to exceed five (5) years; and, WHEREAS, because the equipment orders and deliveries will take place over several months within the fiscal year, reimbursement is warranted in order to allow the City to reimburse itself out of the proceeds of the financing for any pieces of equipment already paid for once financing is secured; and, WHEREAS, City Council is of the opinion that capital expenditures incurred prior to securing financing should be reimbursed; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF BEAUMONT: THAT the statements and findings set out in the preamble to this resolution are hereby, in all things, approved and adopted; and, THAT reimbursement of capital expenditures incurred for the purchase of heavy equipment and vehicles for use by various city departments prior to securing financing is hereby authorized by the City of Beaumont. PASSED BY THE CITY COUNCIL of the City of Beaumont this the 22nd day of October, 2013. fly Mayor Becky Ames - lot. #441tt Reimbursement Resolution Equipment Financing October 23,2013 Page 2 FY 2014 Equipment and Vehicles Budget Department Fire Pumper 200,000 Fire Paving Machine 380,000 Public Works International 7600 90,000 Solid Waste International 7600 90,000 Solid Waste Dozer 660,000 Solid Waste F450(3) 159,000 Water F450 60,000 Water F750 Dump Truck 75,000 Water 20' Dove Tail Trailer 15,000 Water Backhoe 77,000 Water Concrete Breaker(2) 50,000 Water 375 CFM Compressor 40,000 Water 16 yd Dump truck(2) 240,000 Water Pressure washer 11,000 Water F450 53,000 Water 3/4 Ton Truck(2) 64,000 Water F550 55,000 Water F750 70,000 Water Mini Excavator-Takeuchi 145 55,000 Water Backhoe 77,000 Water 10 Ton TT Winch on tracks 90,000 Water 375 CFM Compressor 40,000 Water 16yd Dump Truck 130,000 Water Pressure Washer 10,000 Water Mower 17,000 Water F150 Extended Cab(3) 66,800 Water F550 Crew cab flat bed(3) 146,100 Water Gooseneck trailer(3) 37,600 Water 235 Takeuchi Mini Excavator(4) 172,500 Water F550 crew cab dump truck 51,700 Water Trailer 12,600 Water 16 CY dump Truck 120,000 Water Boring machine-currently leasing 106,000 Water Estimated Totall 3,521,300 EXHIBIT °A"