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HomeMy WebLinkAboutR-2013-075 John Deere Tractor 2013 from Richmond Farm and Lawn RESOLUTION NO. R- 2013 -075 A RESOLUTION ACCEPTING THE PROPOSAL OF RICHMOND FARM AND LAWN, INC AND AUTHORIZING A ONE YEAR MUNICIPAL OPERATING LEASE OF A 2013 JOHN DEERE TRACTOR FROM JOHN DEERE CREDIT IN AN AMOUNT NOT TO EXCEED $6,996.50 WHEREAS, the City has a need to acquire a John Deere Tractor Model 6140R for its Public Works Department operations and use of such equipment is essential to the City's proper, efficient and economic operation; and WHEREAS, a John Deere Tractor Model 6140R is available for lease from Richmond Farm and Lawn, Inc utilizing the Governmental Operating Lease Program; and WHEREAS, the City desires to lease said 2013 John Deere Tractor Model 6140R under a 12 month lease agreement; and WHEREAS, funds for such purpose are available in the Fiscal Year 2013 -2014 Budget in the amount of $6,996.50; and WHEREAS, the Board of Aldermen find it is in the best interest of the City to authorize the acquisition and lease of such equipment as set forth herein; NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF ALDERMEN OF THE CITY OF RIVERSIDE, MISSOURI, AS FOLLOWS: THAT acquisition of a 2013 John Deere Tractor Model 6140R according to the lease agreement terms is hereby authorized, approved, and ratified in an amount not to exceed $6,996.50; FURTHER THAT execution and delivery of a Master Lease - Purchase Agreement, Lease Schedule, and Bill of Sale incorporating the agreement terms shall be executed by the Mayor and she is hereby authorized, approved and ratified with such changes, modifications, additions or deletions therein as shall be deemed necessary, desirable or appropriate by the Mayor prior to execution thereof; FURTHER THAT the Mayor and Finance Director are hereby authorized to execute all other documents and agreements necessary or incidental to carry out the terms and conditions of such agreements and the City Clerk is authorized to attest thereto. PASSED AND ADOPTED b the Board o Ide men and APPROVED by the Mayor of the City of Riverside, Missouri, the //o'er' day o , 2013. e itWelA/ 0 4 6 ‘. Kathleen L. Rose, Mayor ATTEST: ' Robin Littrell, Cit Clerk CITY OF RIVERS! MISSOURI Upstream from ordinary. 2950 NW Vivion Road Riverside, Missouri 64150 AGENDA DATE: 07 -11 -13 TO: Mayor and Board of Aldermen FROM: Tom Wooddell, Public Works Director RE: Lease approval of 2013 John Deere 6140R Tractor BACKGROUND: Funding to lease a 2013 John Deere tractor was included in the 2013 -2014 budget. The John Deere tractor will be leased from John Deere BUDGETARY IMPACT: The adopted 2013 -2014 fiscal budget included $7000.00 for the one year lease of the John Deere tractor. The total lease cost of the John Deere tractor is $6996.50. A RESOLUTION AUTHORIZING THE ONE YEAR LEASE OF A JOHN DEERE TRACTOR MODEL 6140R FROM JOHN DEERE IN AN AMOUNT NOT TO EXCEED $6996.50 Point of Contact: Public Works Director Tom Wooddell.