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File #: 20-1602    Version: 1 Name:
Type: CONSENT AGENDA Status: Approved
File created: 8/13/2020 In control: Office of Procurement Services
On agenda: 9/9/2020 Final action: 9/9/2020
Title: Authorize the sale of one 2000 CAT 963C Track Loader through a public auction ending August 3, 2020 to Quality Parts Supply LTD. in the amount of $30,500, highest bidder - Revenue: Dallas Water Utilities Fund ($25,925) and Express Business Center Fund ($4,575)
Indexes: 300
Attachments: 1. Resolution
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
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STRATEGIC PRIORITY:                     Government Performance and Financial Management

AGENDA DATE:                     September 9, 2020

COUNCIL DISTRICT(S):                     N/A

DEPARTMENT:                     Office of Procurement Services

EXECUTIVE:                     Elizabeth Reich

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SUBJECT

 

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Authorize the sale of one 2000 CAT 963C Track Loader through a public auction ending August 3, 2020 to Quality Parts Supply LTD. in the amount of $30,500, highest bidder - Revenue:  Dallas Water Utilities Fund ($25,925) and Express Business Center Fund ($4,575)

 

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BACKGROUND

 

This action seeks approval to sell one 2000 CAT 963C Track Loader (Equipment No. 9006) to Quality Parts Supply LTD. in the amount of $30,500, which was publicly auctioned ending on August 3, 2020.  The equipment has reached its useful life, has met its de-fleet criteria, and is no longer cost effective for the City to maintain.

 

The City used its current contract auctioneer, Lone Star Auctioneers, Inc., to auction this equipment. The auctioneer charges a buyer’s premium instead of the city paying a fee.

 

Dallas City Code 2-37.4 requires that when the highest bid for property is more than $20,000, the sale to the highest bidder must be confirmed by City Council.

 

PRIOR ACTION/REVIEW (COUNCIL, BOARDS, COMMISSIONS)

 

This item has no prior action.

 

FISCAL INFORMATION

 

Revenue: Dallas Water Utilities $25,925.00

Revenue: Express Business Center Fund $4,575.00

 

 

 

 

PROCUREMENT INFORMATION

 

The following bid was received at public auction on August 3, 2020:

 

*Denotes highest bidder

 

Bidder                     Address                     Amount of Bid

 

*Quality Parts Supply, LTD.                      15844 South Interstate 35                     $30,500.00

                     Bruceville, TX  76630

 

OWNER

 

Quality Parts Supply, LTD.

 

Jerry W. Hays, Owner