1/3/1989 - Laserfiche WebLink

Home Browse Search

(8) 36 Month Lease Purchase with trade-in allowance of $17,000. Total Cost of Repairs $87,375 (9) 36 Month Lease Purchase with trade-in allowance of $17,000. Guaranteed Buy Back Total Cost of Repairs $87,375 Net (10) Direct Purchase with trade-in allowance of $17,000. Total Cost of Repairs $87,375 (11) Direct Purchase with trade-in allowance of $17,000 plus bond of $1,830. Guaranteed Buy Back Total Cost Repairs $87,375 Net (12) Direct Purchase with trade-in allowance of $17,000. Total Cost of Repairs $87,375. BOOK 75 PAL 514 $285,194.52 $7,922.07 $287.245.44 ($73,000) $214,245.44 $254,493 $256,323 ($73,000) $183,323 $254,493 $5,951.26 $7,069.25 $5,092.31 $7,069.25 Please note that the total cost. of repairs does not reflect actual cost anticipated. Caterpillar has used the worst case scenario to ensure no additional investment in that piece of equipment by their company. Based on past history, records from other landfill operation, and the fact we have specified a extended warranty on the machine, staff feels repair costs will not exceed half of the quoted amount. RECOMMENDATION: Staff recommends the purchase of the Caterpillar 826C Landfill Compactor, using Option Number 11 for a total cost of $256,323 with a guaranteed buy back in 3 -years of $73,000 leaving a net cost over the useful life of the machine of $183,323 or $5,092.31 per month. Funds for this purchase will come from the recent bond issue to update the Solid Waste Operations in Indian River County. ON MOTION by Commissioner Scurlock, SECONDED by Commissioner Bowman, the Board unanimously approved staff's recommendation, as set out in the above memo. EMPLOYMENT CONTRACT BETWEEN IRC AND JAMES E. CHANDLER MOTION WAS MADE by Commissioner Eggert, SECONDED by Commissioner Bowman, that the Board approve the employment contract between IRC and James E. Chandler prepared by Attorney Vitunac. 70