Agenda

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Item # 14.

Work Session and Regular Meeting

Meeting Date:	12/11/2018
Department:	General Services
Pillars:	Excellence in Asset Management

AGENDA CAPTION:

Consider Action to Approve a Resolution for the Purchase of Six Life Fitness Treadmills, and One Life Fitness Insignia Weight Circuit, from Life Fitness Under the Town's Interlocal Agreement with Texas Local Government Purchasing Cooperative Known as Texas Multiple Award Schedule (TXMAS) in an Amount to Not Exceed $117,934.30.

BACKGROUND:

Through the Capital Equipment Replacement Fund (CERF) the Town budgets for large vehicle and equipment purchases, by each department contributing funds annually to replace that department's items. The amount each department contributes is based on their vehicle or equipment replacement needs as well as the depreciation schedule of each type of item. This assures that funding will be available when that item has reached the end of its useful life and is in need of replacement.

The Town of Addison is a member of several purchasing cooperatives. These cooperatives bid out products and services for its members to provide the leverage needed to achieve the best pricing on products, equipment, and services. For this purchase the TXMAS cooperative pricing will be used.

The following items are used at the Athletic Club and have reached the end of their useful life and are recommended to be replaced with new models.

Equipment	Vendor	Cooperative	Amount
6 Life Fitness Treadmills	Life Fitness	TXMAS	$38,824.68
1 Life Fitness Weight Circuit	Life Fitness	TXMAS	$79,109.62
Total Estimated CERF Cost FY 2019			$117,934.30

RECOMMENDATION:

Administration recommends approval.

Attachments
Resolution - Life Fitness Equipment 2019 Purchase
Life Fitness Pricing Sheet