I. Council Action Requested.
Title
To approve the expenditure of $47,023, the cost of a police cruiser to replace a vehicle deemed a complete loss by the Town’s insurer, of which the Town will be reimbursed $30,525 and the remaining balance will be funded from 13100-47410.
Body
II. Basis for Council Action.
Council approval of this item is required because;
a. The Council has the authority to exercise all the legislative, financial, borrowing and other powers now or hereafter given by statute to inhabitants of towns acting in Town Meeting pursuant to Article II, Section 3(I) of the Charter; and
b. Pursuant to the Town’s Municipal Purchasing Policy, “Neither the Purchasing Agent nor any Department Head shall make any purchase or allow any purchase to be made until an appropriation therefore has been approved by the Town Council.”
III. Issue Summary.