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• <br />STAFF ORIGINATOR: <br />MEETING DATE: <br />TOPIC: <br />AGENDA ITEM 1B <br />Rick DeGardner, Public Services Director <br />July 24, 2006 <br />Consider Resolution No. 06 -116, Sale of Hydro - <br />pneumatic tank to the Town of Columbus <br />VOTE REQUIRED: Simple Majority (3/5 Vote Required) <br />BACKGROUND: <br />The City of Lino Lakes abandoned a 7,500 gallon hydro - pneumatic tank when the <br />Clearwater Creek booster station was constructed in 2003. This tank has since been <br />stored at the Public Works storage area and city staff has attempted to sell the tank on <br />several occasions. <br />The Town of Columbus has recently expressed an interest in purchasing the tank. City <br />• staff estimates the salvage value of the hydro - pneumatic tank at $7,500. The Town of <br />Columbus is interested in purchasing the tank for this amount. The Town of Columbus <br />will be responsible for all transportation arrangements and is purchasing the tank in "as <br />is" condition. <br />Staff recommends that we enter into an agreement with the Town of Columbus allowing <br />the Town of Columbus to acquire the 7,500 gallon hydro - pneumatic tank for a cost of <br />$7,500. The city attorney has reviewed this resolution and has no problem with this <br />arrangement. <br />A letter from the Town of Columbus is attached. <br />OPTIONS: <br />1. Approve Resolution No. 06 -116. <br />2. Deny approval of Resolution 06 -116. <br />ATTACHMENTS: <br />Resolution 06 -116 <br />Letter from the Town of Columbus <br />• <br />