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RES NO 10-01-2011 CITY OF VAN BUREN, ARKANSAS RESOLUTION NO. 10 I 2011 BE IT ENACTED BY THE CITY COUNCIL, FOR THE CITY OF VAN BUREN, ARKANSAS, A RESOLUTION TO BE ENTITLED: A RESOLUTION ACCEPTING THE BID OF ALMA TRACTOR AND EQUIPMENT, INC., FOR THE PURCHASE OF A TRACK EXCAVATOR, AND FOR OTHER PURPOSES. WHEREAS, the City of Van Buren has advertised for bids for the purchase of a track excavator; and WHEREAS, bids have been received and opened in accordance with Arkansas law and Alma Tractor and Equipment, Inc., was the lowest bidder meeting the bid specifications; and WHEREAS, the City of Van Buren has determined that the bid of Alma Tractor and Equipment, Inc., is the best bid. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF VAN BUREN, ARKANSAS, THAT: SECTION 1: The City of Van Buren, Arkansas accepts the bid of 77,026.50 plus applicable sales tax as submitted by Alma Tractor and Equipment, Inc., as set forth in "Exhibit A" attached hereto; and SECTION 2: The Mayor is further authorized to enter into an agreement with an appropriate financial institution in order to finance payment of this equipment, pursuant to AMENDMENT 78, SECTION 2 OF THE CONSTITUTION OF THE STATE OF ARKANSAS and ARK. CODE ANN. 14 -78 -103. SECTION 3: The Mayor and City Clerk are hereby authorized by the City Council for the City of Van Buren to pay all expenses relating to the purchase and to execute all documents necessary to effectuate the agreement. IN WITNESS WHEREOF, the City of Van Buren, Arkansas, by its City Council, did pass, approve, and adopt, by a vote of .5 for and 0 against, e oregoing Resolution at its regular meeting held on the 17 day of October, 2011. Roped D. Free X Mayor ATTESTED: APPROVED A APPROVED a TO,_ ORM: Barbie Curtis Candice A. Settle City Clerk/Treasurer City Attorney September 22, 2011 City of Van Buren Mayor Robert D. Freeman Mr. Wayne Sandusky 1003 Broadway Van Buren, Alt 72956 'i L I .K •L Gentleman, J f/ Per our recent conversations regarding the John Deere 135C of Arkansas, cac. Excavator that you have been renting. We are pleased to offer the following price quote for your consideration. P.O. Box 790 11205 Mahelvale West Mabelvate, AR 72103 Our machine meets or exceeds all your requested bid specifications, (501) 455-2540 in addition it includes Extended Power Train/Hydraulic Warranty through 11/09/2014 or 5000 Hours. F rl South AR s (479)646 -8381 As of 09/21/2011 the approx. current hours on this unit are 680 3838 Wagon Wheel Road Springdale, AR 72764 Regular Price $139,500.00 (479) 756.9779 Discounted Price Quoted Previously $98,700.00 301 High School Drive Less Additional from Warrior/Deere $12,960.00 Arkadelphia, AR 71923 Less 100% of Rent Paid $7,800.00 (870) 24E4678 Plus Cost of Mechanical Thumb $3,100.00 1800 Jim Walter Drive Texarkana, AR 71854 (870) 772 -9321 Warrior of Arkansas Bid Price $81,040.00 2380 nary. 79 North Camden, AR 71701 (870) 574-0290 P.O. Box 16170 Plus Tax If Applicable 255 Airport Road g Monticello, AR 71655 Subject �g+ S ject Y o Prior Sale (870) 367 -3496 Toe free Telephone 1- 800.453 -8722 Thanks for the opportunity to serve your equipment needs. Call me with any questions or comments. Cordially yours, i c JOHN DEERE WARRIOR, Jeff Martindale of Arkansas, Inc 3410 South Zero St. Fort Smith, Arkansas 72908 MORBARK WARATAH PITfS TRAILERS JEFF MARTINDALE 1- 800 453 -8722 Territory Manager Fax: (479) 646 -6886 Ph. (479) 646 -8381 Mobile: (479) 806 -8685 d aI FLEW HOLLAND' Ve s darn: v NEW Hoaiaeao AG RIGUA.T UR E` �"t 'x. CONSTRUCTION., Alma Tractor Equipment, Inc. City Of Van Buren Thank you for allowing us to quote the below listed equipment to you: 1- Used 2005 Kobelco SK135 Excavator Bid Price $75,250.00 w/ Mech. Thumb Bucket Aux Hyd., Air Ride Seat And 475 hours 3 Year 3000 Extended Power Train Hyd Warranty Bid Price $1776.50 Cost is $3553.00 with 0 Deductable 7 6a c e to Pr�� 7, 0 Z6, 54 Pr(ce Alma Tractor will pay 1/2 A akt,rnal -6e„eci+ k e fo �g.r-f&( +rcw 'i" Co..,.aGdll a.}f •s J7? Prices do not include any taxes that may be due on sale price o3, 753• 4- E ed;v ?r ace Thank You, Cliff Weldon, Sales Alma Tractor Equipment Inc. This quote does not include sales tax, liability or physical damage insurance. Rates cannot be guaranteed and are subject to change by financing source without notice. Quote and Rates are subject to credit approval by financing source, if applicable. Not all customers may qualify for low rate programs. Office 479 -632 -6300 Fax 479 -632 -6309 35 Hwy 71 North, PO Box 2169, Alma, AR 72921 S y�q a �ppp nn el t �iwW'Y 4 S tt 4 P5 �EOV Y7® IAND 1:0 RIV C ^O f4 a Tract• Eq-i p et;t, Irrca October 3, 2011 City of Van Buren 1003 Broadway Van Buren, Ar. 72956 Mayor Freeman, On Sept 17 2011 We delivered a Kobelco SK 260 excavator to Hwy 59 the total rental for that machine would have been $4114.80 we also delivered a Kobelco SK 135SR excavator to Hwy 59 on Sept. 11,2011 the total rental for that machine would have been $4158.00. However with the purchase of the SK135 we will void both rental contracts and charge the City nothing for these machines. It has been an honor to work with the City and try to help. I look forward to being there for the street department for any help I can provide in the future. Thank You, Cliff Weldon, Sales Alma Tractor and Equipment Office 479 632 -6300 Fax 479 632 -6309 PO Box 2169. 35 Hwy 71 North Alma, AR 72921