| | | | | | | |  | CITY OF PLANO
COUNCIL AGENDA ITEM |
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| | | | | | | | Council Meeting Date: 10/14/2019
Department: Fleet Services
Department Head: Gerald Cosgrove
Agenda Coordinator: Lincoln Thompson (Ext. 7376) |
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CAPTION
To ratify an expenditure in the amount of $990,860 for one (1) Diamond Z DZT8000TKT Tub Grinder from Bane Machinery, Inc. for Fleet Services to be utilized by Compost Marketing and Operations; and authorizing the City Manager to execute all necessary documents. Approved |
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FINANCIAL SUMMARY Operating Expense
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FISCAL YEAR:
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2019-20
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Prior Year
(CIP Only)
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Current
Year
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Future
Years
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TOTALS
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Budget
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0
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0
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0
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0
|
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Encumbered/Expended Amount
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0
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0
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0
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0
|
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This Item
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0
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-990,860
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0
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-990,860
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BALANCE
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0
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-990,860
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0
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-990,860
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FUND(S): Equipment Replacement Fund
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COMMENTS: Funds are available in the FY 2019-20 Adopted budget to purchase one (1) Diamond Z DZT8000TKT Tub Grinder for the unforeseen, unscheduled, emergency replacement of unit 17500 that was destroyed in a fire in Cost Center 714 / Compost Marketing and Operations. The funding needed to purchase this unit will be covered thru the Equipment Replacement Fund with the funding to be reimbursed thru Risk Management on an insurance claim for the damaged unit. |
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SUMMARY OF ITEM
This is a necessary procurement because of unforeseen damage to public machinery, equipment, or other property. The City is exempt from the competitive bid process for this purchase as allowed by Texas Local Government Code Chapter 252 Subchapter B Section 252.022(a)(3). (City of Plano Internal Contract No. 2019-0732-X)
See Recommendation Memo.
Strategic Plan Goal:
Financially Strong City with Service Excellence
Plano Tomorrow Plan Pillar:
Built Environment |
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