HomeMy WebLinkAboutResolutions - No. 93-09RESOLUTION NO. 93-09
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A RESOLUTION OF THE LODI CITY COUNCIL
APPROVING THE SALE OF SURPLUS TRANSFORMER -REGULATOR
WHEREAS, the Electric Utility Department is replacing failing
equipment, resulting in a surplus transformer -regulator combination at
McLane Substation; and
WHEREAS, U. S. Transformer, Jordan, MN has offered to purchase
said equipment for $28,000, as is and where is, including removal prior
to February 1, 1993; and
WHEREAS, 1) an extremely limited field of potential purchasers
exist for this type of equipment (only one known), 2) the offer
substantially exceeds the salvage value and 3) savings accrue to the
City by avoiding the relocation and storage costs ($5,000) as well as
future costs associated with handling and disposal;
NOW, THEREFORE, BE IT RESOLVED, that the Lodi City Council hereby
approves the sale and accepts the offer by U. S. Transformer, Jordan,
MN to purchase the surplus transformer -regulator combination at McLane
Substation for $28,000 as is and where is.
Dated: January 6, 1993
I hereby certify that Resolution No. 93-09 was passed and adopted
by the Lodi City Council in a regular meeting held January 6, 1993 by
the following vote:
Ayes: Council Members - Davenport, Mann, Sieglock, Snider
and Pennino (Mayor)
Noes: Council Members - None
Absent: Council Members - None
Alice M. Reimche
City Clerk
93-09
RES9309/TXTA.02J