ITEM TITLE:
Title
Consider approving a resolution amending the City of Lawton FY21-22 budget, as amended, by appropriating $331,500.00 to the Solid Waste Division’s Machinery and Equipment account for the purchase of a new Solid Waste truck.
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INITIATOR: Cynthia Williams, Deputy Public Works Director
STAFF INFORMATION SOURCE: Kristin Huntley, Deputy Finance Director
BACKGROUND: On August 11, 2021, a Solid Waste automated side load truck caught fire in the Equipment Maintenance facility. The truck was considered a total loss by the insurance adjuster and the City will receive a settlement of $246,500.00. The City has also received FEMA reimbursement funds for the October 2020 ice storm and February 2021 cold weather period. Solid Waste would like to use $85,000.00 of this FEMA money to supplement the insurance proceeds and purchase a new Solid Waste truck.
EXHIBIT: Resolution No. 21-_____
KEY ISSUES: N/A
FUNDING SOURCE: Insurance proceeds; FEMA reimbursement funds
STAFF RECOMMENDED COUNCIL ACTION: Approve Resolution No. 21-_____ amending the FY21-22 budget, as amended, by appropriating $331,500.00 to the Solid Waste Division’s Machinery and Equipment account for the purchase of a new Solid Waste truck.