HomeMy WebLinkAboutR-2015-037 Lease 2015 John Deere Tractor 6125R RESOLUTION NO. R-2015-037
A RESOLUTION AUTHORIZING A ONE YEAR MUNICIPAL OPERATING LEASE OF A 2015
JOHN DEERE TRACTOR MODEL 6125R FROM THE JOHN DEERE COMPANY IN AN
AMOUNT NOT TO EXCEED $5175.00
WHEREAS, the City has a need to acquire a John Deere Tractor Model 6125R 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 2015 John Deere Tractor Model 6125R is available for lease from Ag-Power
in Centerview, Missouri, utilizing the Governmental Operating Lease Program; and
WHEREAS, the City desires to lease said 2015 John Deere Tractor Model 6125R under a
12 month lease agreement; and
WHEREAS, funds for such purpose are available in the Fiscal Year 2015-2016 Budget in
the amount of$5,175.00; 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 2015 John Deere Tractor Model 6125R according to the lease
agreement terms is hereby authorized, approved, and ratified in an amount not to exceed
$5175.00;
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 by the Board of Aldermen and APPROVED by the Mayor of
the City of Riverside, Missouri, the L day of July, 2015.
Kat leen L. Rose, Mayor
ATfEST-
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Robin Littrell, City Clerk
CITY OF
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2950 NW Vivion Road
Riverside, Missouri 64150
AGENDA DATE: 07-07-2015
TO: Mayor and Board of Aldermen
FROM: Tom Wooddell, Public Works Director
RE: Lease approval of 2015 John Deere 6125R Tractor
BACKGROUND: Funding to lease a 2015 John Deere tractor was included in the 2015-2016 budget.
The John Deere tractor will be leased from John Deere Co. and delivered by AG-Power of
Centerview, MO. Utilizing the John Deere Missouri State Department of Conservation tractor rental
agreement.
BUDGETARY IMPACT: The adopted 2014-2015 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 $5175.00