Title
Sale of Gomaco Trolleys
Action
Action:
Authorize the City Manager to approve the sale of three Gomaco Trolleys to the Memphis Area Transit Authority, along with associated spare parts and equipment.
Body
Staff Resource:
John Lewis, CATS
Gary Lee, CATS
Explanation
§ The Charlotte Area Transit System owns Gomaco Trolleys that provided Streetcar Service until June 1, 2019 when the service was shutdown to complete construction on CityLYNX Goldline Phase II.
§ North Carolina General Statute 160A-274 permits the city to sale governmental property to another governmental unit.
§ The Memphis Area Transit Authority would like to purchase three trolley vehicles and spare parts and equipment for its Streetcar Service for an estimated $550,000.
§ The sale of the Gomaco Trolleys will provide shop space and allow commissioning for the new Goldline Phase II Hybrid Street Cars.
Fiscal Note
Funding: Revenue from the sale will be deposited to CATS’ Capital Investment Plan