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220 <br />REGULAR MEETING JULY 31, 1989 <br />ALTERNATE #2: <br />Twelve (12) TARCO BIG-T-VAC LEAF LOADER MODEL TTL-3 87 WD <br />w/HERCULES DIESEL D-2300 <br />(del. 60-75 days ARO ) $ 10,679.00 EA. <br />TOTAL $128,148.00 <br />w/FORD 300 gas (del. 60-75 days ARO) $ 11,379.00 EA. <br />TOTAL $136,548.00 <br />ALTERNATE #3: <br />Twelve (12) AMERICAN ROAD MACHINERY LEAF LOADER MODEL 1500-2 <br />w/HERCULES DIESEL D-2300 $ 9,979.00 EA. <br />TOTAL $119,748.00 <br />w/FORD 300 gas <br />$ 10,679.00 EA. <br />TOTAL $128,148.00 <br />Delivery: Six (6) Units at sixty (60) days ARO, Six (6) <br />Units at seventy-five (75) days ARO. Manufacturer's one (1) <br />year warranty applies to all units bid. <br />LEASE FACTORS: <br />A Down Payment of ten percent (10%) of original acquisition <br />cost due when equipment is delivered followed by an annual <br />payment in arrears as follows: <br />TERM ANNUAL LEASE FACTOR <br />A. 3 Years .38782 <br />B. 5 Years .25026 <br />Bid noted that both American Road Machinery and TARCO <br />believe they have over stated delivery by approximately two <br />(2) weeks. The cushion is insurance against the <br />$100.00/day/unit penalty. <br />BEST EQUIPMENT COMPANY, INC. <br />2804 N. Catherwood <br />Indianapolis, Indiana 46219 <br />Bid was signed by Norman G. Dahlmann, President, <br />Non -Collusion Affidavit was in order and a 10% Bid Bond <br />was submitted. <br />BID: <br />Twelve (12) Giant Vac Model 9800, Leaf Vac in accordance <br />with City specifications and additional specifications <br />provided with bid. <br />$ 9,982.00 EA. <br />$119,784.00 <br />Lease Purchase with ten percent (10%) down on delivery <br />(3 yr.) Three (3) annual payments $ 41,756.71 <br />1st payment one (1) yr. from delivery <br />(4 yr.) Four (4) annual payments $ 32,473.33 <br />1st payment one (1) yr. from delivery <br />ALTERNATE <br />Twelve (12) Giant Vac Mode19900-D. Leaf Vac in accordance <br />with specifications (6 cylinder diesel engine) <br />$ 11,994.00 EA. <br />TOTAL $143,928.00 <br />Lease purchase with ten percent (10%) down on delivery <br />(3 yr.) Three (3) annual payments $ 50,173.39 <br />1st payment one (1) yr. from delivery <br />(4 yr.) Four (4) annual payments $ 39,022.35 <br />1st payment one (1) yr. from delivery <br />1 <br />1 <br />1 <br />