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05-18-1992 BOMs' MINUTES BID OPENING MONDAY, MAY 18, 1992 The meeting was called to order at 2:00 P.M. by City Administrator Gary D. Plotz. Also present was Director Randy DeVries. The reading of Publication No. 4376, Purchase of One Used 1991 Demonstration Model, Truck Mounted, Sewer And Catch Basin Cleaner or One New 1992 Model, Truck Mounted, Sewer And Catch Basin Cleaner was dispensed with. The following bids were opened and read: ABM Equipment & Supply Inc. Hopkins, MN BID NUMBER ONE (A) One New 1992 Truck Mounted, Sewer & Catch Basin Cleaner $163,760.00 (B) One Used 1991 Demonstration Model, Truck Mounted Sewer & Catch Basin Cleaner 147,680.00 BID NUMBER TWO (A) One New 1992 Truck Mounted, Sewer & Catch Basin Cleaner 163,760.00 Less Trade -In Bid --1979 Ford F600 -14,460.00 Truck with FMC Sewer Cleaner 149,300.00 (B) One Used 1991 Demonstration Model, Truck Mounted Sewer & Catch Basin Cleaner 147,680.00 Less Trade -In Bid --1979 Ford F600 -14,460.00 Truck with FMC Sewer Cleaner 133,220.00 BID NUMBER THREE Cash Bid on Used 1979 Ford F600 Truck with FMC Sewer Cleaner No Bid BID NUMBER FOUR 60 -Month Lease Option with One Dollar Buy -Out, Payments in Advance (Monthly Rate And Yearly Rate): 1 BID OPENING MINUTES - MAY 18, 1992 PAGE 2 1991 Demo unit after Trade (A) 60 Monthly Payments with One in Advance (B) 5 Yearly Payments with One in Advance (C) 5 Yearly Payments in Arears New 1992 Unit after Trade (A) 60 Monthly Payments with One in Advance (B) 5 Yearly Payments with One in Advance (C) 5 Yearly Payments with One in Arears All plans have a 7.5% effective A.P.R. The bids were refered to staff for review. The meeting adjourned at 2:10 P.M. $ 2,649.36 30,640.00 32,928.00 2,974.00 34,339.00 36,902.00