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HomeMy WebLinkAbout1996-198 CCR1 1 its adoption: Member Kristen Mann introduced the following resolution and moved RESOLUTION NO. 96 -19$ RESOLUTION RECEIVING INSURANCE PROCEEDS, AMENDING THE 1996 CENTRAL GARAGE INTERNAL SERVICE FUND BUDGET, AND AUTHORIZING THE PURCHASE OF A DUMP BOX AND HYDRAULICS WHEREAS, vehicle #90, a heavy duty street maintenance truck, was damaged earlier this year, causing the City's insurance carrier to declare the vehicle a total loss and to provide the City with a cash settlement of $11,000, net of deductible; and WHEREAS, City Council Resolution 96 -126 authorized the acquisition of the replacement truck cab and chassis from the depreciation funds accumulated for that vehicle in the Central Garage Internal Service Fund; and WHEREAS, said resolution amended the 1996 Central Garage Internal Service Fund budget to appropriate $49,500 from the replacement fund balance to the capital outlays division; and WHEREAS, insurance proceeds have been received and are available to finance the acquisition of a dump box and hydraulics through the Minnesota State Cooperative Program contract; and WHEREAS, the final costs and proposed funding for acquisition of the truck, box, and hydraulics are: Truck $46,432 93 Hydraulics Box 13.262.00 $59,694.93 Funding: Accum. Depr. Funds: $49,500.00 Insurance Proceeds: 11.000.00 $60,500.00 NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Brooklyn Center, Minnesota that: 1. The insurance settlement of $11,000 is hereby received. The 1996 Central Garage Internal Service Fund budget is hereby amended to appropriate $11,000 for the purpose of acquiring a replacement dump box and hydraulics for vehicle #90. 1 1 1 RESOLUTION NO. 96 -198 2. The purchase and installation of a dump box and hydraulics in the amount of $13,262 is hereby approved. September 23, 1996 Date Mayor i WZ? ATTEST: 11L�tfA.�9�1 City Clerk The motion for the adoption of the foregoing resolution was duly seconded by member Charles Nichols and upon vote being taken thereon, the following voted in favor thereof: Myrna Kragness, Kathleen Carmody, Debra Hilstrom, Kristen Mann, and Charles Nichols; and the following voted against the same: none, whereupon said resolution was declared duly passed and adopted.