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HomeMy WebLinkAboutReso 2016-148 RESOLUTION N0. 2016-148 RESOLUTION OF THE CITl' COUI�'CIL OF THE C[Tl' OF CHULA V1STA APPROVING A SOLE SOURCE PURCHASE OF ONE PIERCE AERIAL LADDER TRUCK FROM PIERCE MANliFACTURIi�'G A?�TD A ]0-YEAR LEASE PURCHASE AGREEMENT FOR THIS ACQUISITIOn' BETVdEEN THE CITY OF CHULA VISTA :AIvD JPMORGAN CHASE BANK. N.A. A_\�D AUTHORIZI?�'G THE CITI' n4ANAGER TO EXECUTE THE AGREEMEI�'T AT AlV li�'TEREST RATE MOST FAVORABLE TO THE CITY. NOT TO EJ<CEED THREE PERCENT WHEREAS. the Chula Vista Fire Department deli��ers Fire, Rescue and Emergencv Medical Sen�ices to Chula Vista residents, visitors, and employees e�=en� day_ and \�'HERE.AS. emereencv response services aze pro��ided ��ith se��eral different t}�pes of fire appazatus indudins triple combination pumpedfire enoines: aerial ]adder trucks, a hea���� rescue. a brush eneine and battalion chief vehicles: and A'HEREAS, the Fire Department needs to replace se��eral fire apparatus due to e�cessi��e vears of sen�ice. escalatine maintenance costs and safet� issues: and V�'HEREAS, the Fire Department ��°ill continue to meet the National Fire Protection Aeenc�� standazds and increase the reliabilit�� of our current fleet with less do���ntime for mechanical issues and provide a safer response �ehicle than our exisiine fleet; and V�'HEREAS, the Fire Department is recommending a sole source purchase from Pierce Manufacmring for the acquisition of one (1) Pierce Aerial Ladder Truck in order to replace an esistine front line Aerial Ladder Truck. �ihich �vill be placed into reserve stams; and �'�'HEREAS, the Fire Department also is recommendine to enter into a 10-vear lease purchase agreement with JPMorsan Chase Bank, \'.A. for the acquisition of the Pierce Aerial Ladder Truck in order to minimize the immediate fiscal impact: and W"HEREAS, under Chula Vista Municipal Code Section 2.�6.070.B.4, a sole source purchase is an exception [o the Cit��'s formal competitive bid requirements for equipment purchases e�ceeding �100;000 ���hen a commodim is a��ailable from onl�� one I:no�+�n source as the result of unique market conditions: such is the case with Pierce Manufacturing's Pierce Aerial Ladder Truck; �ahich is affordable to Citv because of the 10-��ear lease purchase aereement ti�ith JPMorean Chase Banl:. N.A._ and VdHEREAS, the total cost to purchase one Piece Aerial Ladder Truck is �1.229,469.64. which. based on an interest rate of 2.1 percent, �rill result in estimated annual pa��ments in the amount of �li7.�89.70. The total estimated amount paid for these fire apparatus includine interest ���ill be �1.37�.896.97 through the ]0-��ear lease purchase option; and Resolution No. 2016-148 Pase No. 2 WHEREAS; because the above-referenced estimated amounts will change if the interest rate changes; City staff is monitoring the market The Fire Department is recommending authorizing the City Manager to execute the lease purchase agreement after Council approval to lock in the lo�vest possible rate, not to exceed three (3) percent, in the City's best interest. NOW, THEREFORE. BE ]T RESOLVED by the City Council of the City of Chula Vista that it approves the sole source purchase of one (1) Pierce Aerial Ladder Truck from Pierce Manufacturing. BE IT FURTHER RESOLVED by the City Council of the City of Chula Vista that it approves the 10-year lease purchase agreement for this acquisition between the City of Chula Vista and .TPMorgan Chase Bank, N.A., in the form presented, with such minor modifications as may be required or appro��ed by the City Attorney, a copy oF which shall be kept on file in the Office of the City Clerk, and authorizes the City Manager to execute same at an interest ratemost favorable to the City, not to exceed three (3) percent. Presented by Approved as to form by �-�.��-� ������ 3'�m Geering Glen R. Googns Fire Chief City Attorney Resolucion ?�o. 2016-]48 Pase T�o. 3 PASSED. APPROVED. and �DOPTED b�• the Cit�� Council of the Cit�� of Chula Vista. Califomia, this 26th da� of Jul�� 2016 br the followina vote: AYES: Councilmembers: Bensoussan McCann. and Miesen NA1'S: Councilmembers: None ABSENT: Councilmembers: Aeuilar and Salas Man� las. Mavor ATTEST: / Donna R. I�'orris, Cn4 . Cim Clerk STATE OF CALIFORNIA ) COU7�'TY OF SAN DIEGO ) CITY OF CHULA VISTA ) I. Donna R. Noms. Cin Clerk of Chula Vista. California. do hereb�� certifi� that the foreeoine Resolution I�'o. 2016-148 was dul}� passed, approved, and adopted b}� the Citv Council at a regular meeting of the Chula Vista Citv Council held on the 26th da�� of Juh� 2016. Executed this 26th dav of Jul�� 2016. �� ���� Donna R. Noms. CMC. Citv Clerk