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  2. Finance Committee - Agenda - 10/21/2020 - P31

Finance Committee - Agenda - 10/21/2020 - P31

By dnadmin on Mon, 11/07/2022 - 13:25
Document Date
Fri, 10/16/2020 - 13:05
Meeting Description
Finance Committee
Document Type
Agenda
Meeting Date
Wed, 10/21/2020 - 00:00
Page Number
31
Image URL
https://nashuameetingsstorage.blob.core.windows.net/nm-docs-pages/fin_a__102120…

City of Nashua

Office of The Treasurer

. _ 603) 589-3193
299 Main Street - Nashua, NH 03060 ran (o0s)e89-3208

To: Board of Aldermen September 22, 2020
From: David G. Fredette, Treasurer/Tax Collector

Re: Purchase replacement for one (1) 2019 Ford F350 Pickup — Vehicle Id #638
From FY 2021 Capital Equipment Reserve Fund (CERF)

The purpose of this communication is to give additional information related needed to replace one (1)
2019 Ford Pickup that was not listed on the FY2021 vehicle replacement schedule. Unfortunately, this
vehicle was totaled in an accident on June 10, 2020. The cost to CERF will be $39,060. Funds are
available in CERF due to several cost savings on several items in FY 2020. It is also anticipated
additional escrows or supplemental appropriations will be used to transfer additional funds into CERF
during the first quarter of FY 2021. This vehicle was scheduled to be replaced in 2027.

Pursuant to NRO 5-127.1 D Capital Equipment Reserve Fund, which states: “During that fiscal year,
the city may purchase that equipment, or equipment that will serve the same stated purpose as the listed
equipment as long as the price does not vary by more than ten percent of the estimated replacement
value. All purchases from the Capital Equipment Reserve Fund must comply with the city’s purchasing

approval process. Any other requests to use funds from the Capital Equipment Reserve Fund must be
approved by the board of aldermen.”

I respectfully request the approval from the Board of Aldermen for the purchase of a 2020 Ford F350
AL 4WD Cab Pickup for the Park and Recreation department as requested. This vehicle will replace
the 2019 Ford 2019 Ford F-350 Ford Pickup Vehicle Id #638 which was totaled in a recent accident.

Cc: Mayor James W. Donchess
John Griffin, CFO/Comptroller
Nick Caggiano, Superintendent —Park/Recreation Dept.
Carolyn O’Connor, DPW Finance & Admin. Mgr.
Kelly Parkinson, Purchasing Department Manager
Legal Department

Page Image
Finance Committee - Agenda - 10/21/2020 - P31

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