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1976-5589r34 RESOLUTION NO. 5589 RESOLUTION AUTHORIZING DISPOSAL OF CITY EQUIPMENT ~rVHEFtEAS, on August 9, 1976 the Richfield City Council authorized the advertisement for bids for the sale of Fire Engine No. 3, and ti'VHETtE.AS, one bid was received in the amount of $2, 000, and WI~EREP.S, a minimum bid of $3, S00 was established for sale of this equipment, and WHEREAS, it is desirable for the city to dispose of this equipment and transfer revenues from this ale to the reserve fund for acquisition or fire equipment. NCV`T, THEREFORE, BE IT RESOLVED by the City Council of the City of Rir-hfield as follows: 1. That the formal bid in the amount of $2, 000 submitted in response to the advertiser~~ent far bids be rejected. 2. That a negotiated offer of $2, 000 for purchase of the equipment be approved. . =That the revenues from sale of this piece of equipment be transferred to the reserve account established in the central garage and equipment fund for replacement of fire equipment. Passed by the City Council of the City of Richfield this 27th day of September, 1976. ./~' Loren L./ La` MAYOR 'J ATTEST: ,1 - Tharnas j. Moran City Clerk