Loading...
HomeMy WebLinkAboutRESOLUTION 2000-32Suggested by: Administration City of Kenai RESOLUTION NO. 2000-32 A RESOLUTION OF THE COUNCIL OF THE CITY OF KENAI, ALASKA AUTHORIZING USE OF THE EQUIPMENT REPLACEMENT FUND TO REBUILD A CATERPILLAR 966 LOADER. WHEREAS, the 1972 Caterpillar 966 loader is on the Equipment Replacement Schedule for FY2002 at an estimated cost of $260,000; and WHEREAS, rebuilding the equipment is estimated to cost $130,000; and WHEREAS, the Administration recommends rebuilding rather than buying a new loader; and WHEREAS, the General Fund Streets Department will repay the Equipment Replacement Fund over a fifteen-year period. NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, that the City Manager is authorized to use the Equipment Replacement Fund to rebuild the 1972 Caterpillar loader. PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this 21st day of June, 2000. L/ 2 ' iY-O R ATTEST: Carol L. Freas, City Clerk Approved by Finance: (6/14/2000) kl