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HomeMy WebLinkAbout~Master - Fleet leases for S. 16th Street Power Line Relocation Project RESOLUTION NO. 07-236 RESOLUTION APPROVING EQUIPMENT LEASES FOR SOUTH 16TH STREET POWER LINE RELOCATION PROJECT FOR THE CITY OF AMES WHEREAS, a digger derrick truck and an aerial platform truck were leased from the Global Rental Company of Birmingham, Alabama, for use on the power line relocation project on South 16th Street; and, WHEREAS,the initial time frame was estimated at three months,beginning in mid-February and ending by May 15, 2007; and, WHEREAS,lease rates are$5,300/month for the digger derrick and$5,600/month for the aerial truck,plus $1,577.80 for truck delivery and return charges; and, WHEREAS,due to several weather delays and wet ground conditions,it is estimated the project will require an additional two months to complete,therefore,this increases the lease expense by$21,800, to a total cost of$56,077.80. WHEREAS, City purchasing policy requires the Council to approve expenditures that exceed $50,000. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Ames, Iowa,that the digger derrick and aerial platform truck leases from Global Rental Company of Birmingham, Alabama, in the amount of$56,077.80 for the power line relocation project on South 16th Street are hereby approved. ADOPTED THIS 22nd day of May, 2007. C�A�?. Ly-d& A. "-0/p . Diane R. Voss, City Clerk Ann H. Campbell, Mayor Introduced by: Doll Seconded by: Larson Voting aye: Doll, Goodman, Larson, Mahayni, Popken, Rice Voting nay: None Absent: None Resolution declared adopted and signed by the Mayor this 22"d day of May, 2007.