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. . . RESOLUTION NO. 5952 CITY OF MOUNDS VIEW COUNTY OF RAMSEY STATE OF MINNESOTA APPROVING THE PURCHASE OF A REPLACEMENT FRONT END LOADER WHEREAS, the City Council previously approved the purchase of a 1989 Caterpillar 936E Series front end loader; and WHEREAS, said loader has been in use for fifteen years and has reached its economically useful life; and WHEREAS, Staff has researched and thoroughly tested two brands of front end loaders and determined the Case 621 D front end loader performed as well as the other brand and is the best financial choice for the City; and WHEREAS, a 2003 Case 621 D front end loader can be purchased from St. Joseph Equipment under state contract for $114,529.00. Tax of $5,299.39 and applicable transfer fees will be additional; and WHEREAS, the existing 1989 Caterpillar 936E loader retains a salvage value and a trade-in amount offered by St. Joseph Equipment is $33,000.00; and WHEREAS, the 2003 General Fund, Snow and Ice Department, Vehicle account, (Account 100-4472-7040) has $100,000.00 budgeted for this loader purchase including trade-in; and NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Mounds View, Ramsey County, Minnesota as follows: 1. The purchase of a 2003 Case 621 D front end loader under state contract is approved. 2. A contract to 51. Joseph Equipment in the amount of $119,828.39 for the purchase of said loader, amount includes tax of $5,299.39. (Additional transfer fees as applicable), is awarded. 3. The trade-in of the1989 Caterpillar 936E front end loader to St. Joseph Equipment at a credited value of $33,000.00 is approved. 4. The City's net cost of $86,828.39 plus applicable transfer fees will replace the 1989 Caterpillar 936E front end loader. ~