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Resolution authorizing a Level 3 fund transfer in an amount not to exceed $350,000 for the purchase of a VST-5500 aerial bucket truck
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WHEREAS, the City’s Forestry Team utilizes aerial bucket trucks to perform essential tree care and maintenance activities including pruning and removals throughout the City’s urban forest; and
WHEREAS, one of the Forestry Team’s mid-sized aerial bucket trucks, a 2000 model year vehicle, has experienced several significant mechanical failures resulting in substantial downtime; and
WHEREAS, due to these failures the City has been required to rent replacement equipment, which results in ongoing operational costs and is not a cost-effective long-term solution; and
WHEREAS, Fleet and Parks & Forestry staff have evaluated replacement options and determined that a Versalift VST-5500 aerial bucket truck will best meet the operational needs of the Forestry Team; and
WHEREAS, the estimated cost for the purchase of the aerial bucket truck, including the chassis and required upfitting, is not to exceed $350,000; and
WHEREAS, funding for the purchase will be provided through a Level Three transfer from the Capital Budget, utilizing available project savings where possible or additional borrowing if necessary.
NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City that a Level Three fund transfer from the Capital Budget is hereby authorized for the purchase of a Versalift VST-5500 aerial bucket truck in an amount not to exceed $350,000.
By: Financial Affairs Committee
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Recommendation: Approve 7-0