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The Elk River Vision <br />A welcoming community with revolutionary and spirited resourcefulness, exceptional service, and community <br />engagement that encourages and inspires prosperity <br /> <br /> <br />Request for Action <br /> <br />To <br />City Council <br />Item Number <br />4.3 <br /> <br />Meeting Date <br />July 1, 2024 <br />Prepared By <br />Tim Sevcik, Street and Park Superintendent <br /> <br />Item Description <br />2024 Equipment Replacement Fund Purchase <br />Reviewed by <br />Justin Femrite <br />Cal Portner <br />Tina Allard <br /> <br />Action Requested <br />Approve, by motion, the 2024 Street Maintenance Division equipment replacement purchase as scheduled in <br />the Capital Improvement Plan. <br /> <br />Background/Discussion <br />The Street Maintenance Division requests authorization to purchase an Altec Industries AT48M aerial lift <br />truck to replace the 2010 F550 sign truck. This truck will provide public works with greater flexibility by <br />serving as a sign truck and an aerial lift truck. The primary function will be street and trail ROW tree <br />trimming and Emerald Ash Borer (EAB) tree removal with the capability to serve the city's sign maintenance <br />needs. <br /> <br />This purchase is planned in the 2024-2028 Capital Improvement Plan and budgeted in the 2024 Equipment <br />Replacement fund for the replacement of existing equipment. The existing sign truck will be auctioned with <br />any proceeds placed into the Equipment Replacement Fund. <br /> <br />This purchase will be through the Sourcewell contract. <br /> <br />Financial Impact <br />$201,902 from the 2024 Equipment Replacement Fund. <br /> <br />Mission/Policy/Goal <br />Replacement of this equipment will help to ensure a sustainable city fleet to provide exceptional service in the <br />areas of street and trail right-of-way maintenance, EAB management, and sign maintenance. <br /> <br />Attachments <br />1. Altec Industries Inc Quote <br /> <br /> <br />Page 26 of 99