Title
Termination of Capital Equipment Purchase - Rotary Mixer and Reallocation of Capital Funds
Proposed Motion
1. That Council rescind Motion 199/17, as a result Administration will terminate the purchase of a RM300 Rotary Mixer at a cost of $650,000 ($535,000 current taxes plus revenues of $115,000 from sale of assets).
2. That Council approve funds of $175,000 to fund equipment purchases recommended and the remaining funds of $360,000 be transferred to the Capital Vehicle and Equipment Reserve 8.15.