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Council approves $181,000 buyback for aging Marshmaster; staff says unit underused
Summary
Council approved staff's recommendation to sell a Marshmaster unit back to the original vendor at a 75% buyback rate ($181,000) after staff said the unit lacks operators and would otherwise sit unused.
City staff recommended the Dickinson City Council approve a buyback offer from the original vendor for a Marshmaster unit the city no longer uses.
Edward Venable, the city's superintendent of public works, explained that the vendor (Coast Machinery) offered a 75% buyback rate and presented $181,000 as the current purchase offer that includes the unit and its accoutrements. Staff recommended taking the buyback now rather than risking a no-reserve auction.
Council members asked whether the figure covered accessories and whether the buyback was standard; staff confirmed the offer covers all parts and accessories and that the vendor's standard policy yields the 75% valuation. The council voted to approve the sale and disposition of the surplus property.
