Posted: Wednesday, May 16, 2012 --- 9:00p.m.

RACINE, Wis. (AP) -- One of Racine's two trolleys will stay in town, thanks to a local car dealer.

The city on Wednesday auctioned off the 20-year-old trolleys after deciding it could no longer afford to run them.

Mark Porcaro, the president of Porcaro Ford, bought one of the trolleys at auction. Porcaro tells The Journal Times (http://bit.ly/LcpxkT) he spent $27,500 for one trolley and spare parts, including a $400 auction fee.

Porcaro plans to run the trolley in the Fourth Fest Parade. He might also use it for promotional events at his car dealership.

Porcaro didn't know who bought the other trolley and where it is going. But according to the city, the second one sold for $23,100.

City Administrator Tom Friedel says the city will receive a check for $50,000.

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Information from: The Journal Times, http://www.journaltimes.com

Copyright 2012. The Associated Press.