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Proposed purchase of vehicle from the Mille Lacs Band of Ojibwe <br /> 2005 Ford Expedition 4x4 <br /> 101,200 miles <br /> Purchase price of$20,000 <br /> Must be paid for by Feb of 2007 and can be done in split payments. <br /> Kelly Blue Book value of vehicle with 10,200 miles as of 12-29-05 is <br /> $31,250 <br /> This vehicle comes with the additional items that are not included in the <br /> Kelly Blue Book pricing structure. <br /> Expedition Police Package(upgraded shocks, frame, etc) Valued at $2900 <br /> Push Bumper Valued at $395 <br /> LED Light Package valued at $3900 <br /> 100 Watt Police Radio valued at $900 <br /> Total of existing value of vehicle along with the added equipment comes <br /> to a total of$39,345 <br /> Our current Chevy Tahoe is in need again of major repairs. It currently has <br /> 180,000 miles on it. It has been jumping in to 4 wheel drive on it's own <br /> more often lately nearly causing me to crash last Tuesday night as I was <br /> turning on a car and the Tahoe jumped into 4 wheel drive and tossed me in <br /> to the ditch sideways. The transmission is slipping severely and the check <br /> engine light is constantly on. <br /> This vehicle would be for the Chief of Police and would also be used by <br /> other officers when weather dictates the necessity for a 4 wheel drive patrol <br /> unit. <br /> I am estimating that we will put on an average of 10,000 miles per year on <br /> this unit which should last this department 8-9 years with proper care and <br /> maintenance. There is also a transferable factory warranty. <br /> We can pay for this vehicle out of capital outlay this year with a payment of <br /> $7500. The remainder can be budgeted for for 2007. We will be selling 2 <br />