STRATEGIC PRIORITY: Government Performance and Financial Management
AGENDA DATE: February 10, 2021
COUNCIL DISTRICT(S): N/A
DEPARTMENT: Office of Procurement Services
EXECUTIVE: Elizabeth Reich
______________________________________________________________________
SUBJECT
Title
Authorize the sale of two 2003 John Deere Loaders and one 2002 International 7400 Dump Truck through a public auction ending January 11, 2021 to Quality Parts Supply, LTD. in the amount of $21,000.00, Fabian Trucking in the amount of $27,500.00 and Greg Sullivan in the amount of $24,750.00, highest bidders - Revenue: Equipment and Fleet Management Fund ($41,225.00), Dallas Water Utilities Fund ($21,037.50), and Express Business Center Fund ($10,987.50)
Body
BACKGROUND
This action seeks approval to sell one 2003 John Deere Loader (Equipment No. SAN039005) to Quality Parts Supply, LTD. in the amount of $21,000.00, one 2003 John Deere Loader (Equipment No. SAN039011) to Fabian Trucking in the amount of $27,500.00, and one 2002 International 7400 Dump Truck (Equipment No. 23079) to Greg Sullivan in the amount of $24,750.00, which was publicly auctioned ending on January 11, 2021. 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 $20,000.00, 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: Equipment and Fleet Management Fund ($41,225.00), Dallas Water Utilities Fund ($21,037.50), and Express Business Center Fund ($10,987.50)
M/WBE INFORMATION
In accordance with the City's Business Inclusion and Development Policy adopt...
Click here for full text