HomeMy WebLinkAbout07.L.1
City Council Action Request
7.L.
Meeting Date 1/17/2024
Department Finance
Agenda Category Action Item
Title Trackless Vehicle Financing with Equipment Certificates
Staff Recommendation Approve the financing of a trackless vehicle through equipment
certificates.
Budget Implication N/A
Attachments 1. 2024 trackless quote (002)
1
TO: Honorable Mayor and City Council
Jennifer Levitt, City Administrator
FROM: Brenda Malinowski
DATE: January 17, 2024
RE: Trackless Vehicle Financing with Equipment Certificates
Discussion
The trackless vehicle that is included in the 2024 Budget was approved to be purchased
through lease financing. Since the large mower and utility vehicle were already identified to be
financed with equipment certificates, there will be cost savings by also including the trackless
vehicle in the equipment certificates.
The 2024A bonds include the trackless vehicle, large mower, and utility vehicle.
Recommendation
Approve the financing of a trackless vehicle through equipment certificates.
Attachments
1. 2024 trackless quote (002)
SAME AS BELOW 01 - ST PAUL MN
10/02/2023 11:27:37 (O) 1
04
COTTA001 6514582800 Q01971
CITY OF COTTAGE GROVE BU
12800 Ravine Parkway S
Cottage Grove MN 55016
JUDD GENEREAUX 126
Description **QUOTE**Amount
2024 TRACKLESS MT 7 172263.00
PRCING BASED OFF MINNESOTA STATE CONTRACT #218334
BASE UNIT $169,129
4.1.9 RIDE CONTROL $2,682
4.1.17 BREAK-IN FILTER KIT $452
PRICE INCLUDES FREIGHT, DELIVERY & TRAINING.
Sale # 01 Subtotal: 172263.00
Total: 172263.00
4.2.9 5-POSITION FOLDING PLOW $7847 7847.00
Sale # 02 Subtotal: 7847.00
Total: 7847.00
4.3.12 SNO-QUIP 51" RIBBON STYLE BLOWER $31,159 31159.00
Sale # 03 Subtotal: 31159.00
Total: 31159.00
4.5.1 60" ANGLING SWEEPER $8625 8625.00
Sale # 04 Subtotal: 8625.00
Total: 8625.00
Subtotal: 219894.00
Authorization: _________________________ Quote Total: 219894.00
QUOTED PRICES ARE BASED ON CURRENT COSTS AND THEREFORE SUBJECT TO CHANGE
WITH WRITTEN NOTICE TO ACCOUNT FOR PRICING CHANGES BEYOND SELLER'S CONTROL