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HomeMy WebLinkAboutReso 2015-270 RESOLUTION NO. 201�-270 RESOLUTION OF THE CITY COU1'CIL OF THE CITY OF CHULA VISTA AUTHORIZII�'G THE CITY TO ENTER I\'TO A ]0-YEAR LEASE PURCHASE AGREEMEt�'T �1'ITH PI�'C EQUIPMENT FII�'ANCE, LLC. FOR THE ACQUISITIOI�� OF TA'O (2) PIERCE ARROW XT TRIPLE COI�4BII�'ATIOI�'. PUA4PER/FIRE EI�'GII�'ES. AND AUTHORIZING THE CITY MANAGER TO EXECUTE THE FI?�'AL PURCHASE .AND LEASE AGREEr4Ei�'T WHEREAS, the Chula Vista Fire Department deli��ers Fire, Rescue and Emergenc�� A4edical Sen�ices to Chula Vista residents, visitors. and employees every da�. and WHEREAS, emereency response services are pro��ided ti�ith several different t��pes of fire appazatus including triple combination pumpedfire engines, aerial ladder trucks, a hea�y rescue. a brush eneine and battalion chief��ehicles: and WHEREAS, the Fire Department needs to replace se��eral fire apparatus due to excessi��e ��ears of sen�ice. escalatina maintenance costs and safet�� issues: and \�'HEREAS, the Fire Department H�ill continue to meet the NFPA standazds and increase the reliabilin� of our current fleet �rith less do���ntime for mechanical issues and provide a safer response vehicle than our eaisting fleet; and WHEREAS, the Fire Department is recommending to enter into a 10-��ear lease purchase agreement w�ith PNC Equipment Finance, LLC for the acquisition of t��o (2) Piece Triple Combination Pumper/Fire Eneines in order to replace existing front line Pumpers; ���hich ���ill be placed into reserve status; and WHEREAS, the total cost to purchase the n�-o (2) fire pumper/eneines is $1.28�,0�2.7�. H�hich �vill result in annual payments in the amount of$152,189.03. The total estimated amount paid for these fire engines including interest will be $1,�21,890.30 [hrough the 10-year lease purchase option: and VIHERE.AS, the total cost of equipment R outfitting for the engines is �268,000. of ���hich �200,000 has alreadv been identified in the Fire Department`s Fiscal Yeaz 201�/2016 Budeet: and WHEREAS, the Fire Department N�ill include the annual costs as part of the regular budget development process in future fiscal ��ears. NOR'. THEREFORE. BE IT RESOLVED. that the Cit�� Council of the Citv of Chula Vista does hereb�r authorize the Citv of Chula Vista to enter into: Resolution No. 201�-270 Page No. 2 • 10-year lease purchase agreement with PNC Equipment Finance, LLC for the acquisition of two (2) Pierce Triple Combination Pumper/Fire Engines for a total lease purchase cost of$1,521,890.30. • Authorize the City Manager to execute the final purchase and lease agreement documents. Presented by Approved as to form by � � ��= � . im Geering len R. oogins Fire Chief City Atto ey PASSED, APPROVED, and ADOPTED by the City Council of the City of Chula Vista, California, this 17th day of November 2015 by the following vote: AYES: Councilmembers: Aguilar, Bensoussan, McCann, Miesen and Salas NAYS: Councilmembers: None ABSENT: Councilmembers: None Mary S as, Mayor ATTEST: Donna R. orris, MC, City Clerk STATE OF CALIFORNIA ) COUNTY OF SAN D[EGO ) CITY OF CHULA VISTA ) I, Donna R. Norris, City Clerk of Chula Vista, California, do hereby certify that the foregoing Resolution No. 2015-270 was duly passed, approved, and adopted by the City Council at a regular meeting of the Chula Vista City Council held on the 17th day of November 20l 5. Executed this 17th day of November 2015. Donna R. rris, C, City Clerk