Discussion and possible action to authorize the purchase of one (1) John Deere 5075M Utility Tractor with cutter and loader and one (1) John Deere 5100E Utility Tractor with Flex wing /cutter and loader from Deere and Company, for Road and Bridge operations, pursuant to Sections 271.101 and 271.102, Texas Local Government Code, Cooperative Purchasing program Texas Buy-Board # 529-17 in the amount of $131,226.54. [Requested by Jose Luis Neira, Road & Bridge Director; Account #2007-7150-001-470000 Capital Outlay]
Issue: Tractorsare needed for Road and Bridge operation. Currently a John Deere tractor will be expiring in July so a replacement will be needed to continue with maintenance.
Solution: Purchase 2 John Deere Tractors. Funding will be provided through a finance contract with Government Capital Corporation. Cost of Tractors will be paid in 5 annual payments.
Result: Obtain the needed equipment to run operation.
Background:
None
Previous Court Action:
Approval on June 5, 2018 to secure pricing and financing for needed equipment.
Fiscal Impact
Budget Account Number:
2007-7150-001-470000
Funding Source:
Capital Outlay
Balance:
$131,226.54
Financial Impact:
Acct: 2007-7150-001-470000 Capital Outlay
Funding will be provided by Government Capital Corporation.