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HomeMy WebLinkAboutResolution No. 39-2017 - Disposal of Unfit and or Obsolete Property - Edison Water Treatment Plant Generation SystemRE, SOLUTION NO. 39-2017 A RESOLUTION OF THE SOUTH BEND BOARD OF PUBLIC WORKS ON DISPOSAL OF UNFIT AND/OR OBSOLETE PROPERTY VVTIEREAS, it has been determined by the Board of Public Works that the following property is unfit for the purpose for which it was intended and is no longer needed by the City of South Bend: Edison Water Treatment Plant Generation System WTILEREAS, Indiana Code 5-22-21-6(4)(B) permits and establishes procedure for disposal of personal property which is considered worthless, has no market value, or if the value of the property is less than the estimated costs of the sale and transportation of the property. This equipment is no longer needed by the City. NOW, THEREFORE, BE IT RESOLVED by the Board of Public Works of the City of South Bend that the iterns listed above are considered worthless, has no market value, or if the value of the property is less than the estimated costs of the sale and transportation of the property . This equipment is no longer needed by the City. BE IT FURTHER RESOLVED that said items may be transferred or sold at public auction or private sale, without advertising. However, if the property is deemed worthless, such may be demolished orjunked. ADOPTED this 12tb day of September, 2017. CITY OF SOUTH BEND BOARD OF PUBLIC WOI">-VS Ciary 4. Gilot, Presi&nt ber Elizabeth A. Maradik. Member Therese J. Dorai�, MWber James A. Mueller, Member -�T ,PT: nda M. Martin, Clerk OWN= flj Wt , =MM77 Page 1 of 1 South Bend Water Works Edison NaOCI Generation System Asset No. W0432155-0000 Asset Description Edison Water Treatment Plant Renovation Acquisition Date 12130/2004 Purchase Cost $1,432,036.75 NaOCI Generation System is included in the total renovation cost of $1,432,036.75. Majority of the system has been dismantled. Two Bulk Chemical Tanks are still in use and will remain. Lifespan of Generation System: 10 years (100 % Depreciated) Edison NaOCI Generation System Project Value 384,500.00 16.2 Chemical Feed Pumps Material -21,248.00 Dispose 16.3 SHG Equipment Material -1 05,932�00 Dispose 16.4 OSEC Engineering -9,775.00 Dispose %5 OSEC Start -Up -10,350.00 Dispose 16,7 Install Equipment -26,175.00 Dispose 16.8 Base Bid System -31,000.00 Dispose 33 ALT No 2 US Filter OSEC 31,000.00 Dispose Net Asset Value After Disposal 211,020.00 Asset No. W0432155-0000 2017 Beginning Value Partial Disposal 2017 Ending Value 16,2 Chemical Feed Pumps Material 16.3 SHG Equipment Material 16.4 OSEC Engineering 16.5 OSEC Start -Up 16.7 Install Equipment 16.8 Base Bid System 33 ALT No 2 US Filter OSEC FA LTD-Deprec 1,432,036.75 272,768.68 -173,480,00 -173,480.00 1,258,556.75 99,288.68 21,248.00 105,932.00 9,775.00 10,350.00 26,175.00 31,000.00 -31,000.00 Disposal Total 173,480.00 a � '�. a Vil : �l