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- 2 4° 1 <br />REGULAR MEETING <br />JUNE 28, 1993 <br />further noted that quotes have been obtained for the purchase of <br />five (5) new bikes and the Department anticipates using traffic <br />funds for the purchase. <br />Therefore, -Mr. Caldwell made.a motion -that the appropriate <br />Resolution, which has been prepared and submitted, be adopted. <br />Mrs. Mueller seconded the motion which carried and the following <br />Resolution No. 27-1993 was adopted: <br />RESOLUTION NO. 27-1993 <br />A RESOLUTION OF THE SOUTH BEND BOARD OF PUBLIC WORKS <br />APPROVING THE TRADE-IN OR EXCHANGE OF CITY -OWNED PROPERTY <br />ON PROPERTY OF SIMILAR NATURE <br />WHEREAS, it has been determined by the Board of Public Works <br />of the City of South Bend that the following described property is <br />unfit for the purpose for which it was intended and should be <br />traded for property of a similar nature: <br />SEVEN (7) UNIVEGA 21 SPEED BLACK AND BLUE <br />ALPINA COUNTRY BICYCLES <br />SERIAL NUMBERS: MOA31057, M9K18637, M9K20142 <br />MOA30229, MOA31712, WEK630753 AND MOA31030 <br />WHEREAS, it has been determined by the Board of Public Works <br />of the City of South Bend that the following described property is <br />of a similar nature to the above -described property and should be <br />purchased with the above -described property being traded -in for <br />the following property: <br />FIVE (5) 1993 BIANCHI IBEX BICYCLES <br />WHEREAS, I.C. 36-1-11-9 authorizes the Board of Public Works <br />to trade in or exchange City -owned property for partial or full <br />reduction in the purchase price of property of similar nature. <br />NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF PUBLIC WORKS <br />OF THE CITY OF SOUTH BEND, AS FOLLOWS: <br />1. The following described property shall be traded -in for <br />the following described property of a similar nature: <br />PROPERTY TO BE TRADED -IN: <br />SEVEN (7) UNIVEGA 21 SPEED BLACK AND BLUE ALPINA COUNTRY <br />BICYCLES <br />SERIAL NUMBERS: MOA31057, M9K18637, M9K20142, MOA30229, <br />MOA31712, WEK630753 AND MOA31030 <br />PROPERTY TO BE PURCHASED: <br />FIVE (5) 1993 BIANCHI IBEX BICYCLES <br />2. That the latter described property, in No. 1 immediately <br />above, shall be purchased from Proform Bike Shop, Inc., 1724 North <br />Ironwood, South Bend, Indiana, for the amount of $3,094.25 which <br />includes a trade-in value of $395.00 for the property, in No. 1 <br />immediately above. <br />3. That the traded in or exchanged property, to wit: <br />SEVEN (7) UNIVEGA 21 SPEED BLACK AND BLUE <br />ALPINA COUNTRY BICYCLES <br />SERIAL NUMBERS: MOA31057, M9K18637, M9K20142 <br />MOA30229, MOA31712, WEK630753 AND MOA31030 <br />shall be removed from the inventory of the City of South Bend. <br />