HomeMy WebLinkAboutReso 2020-152RESOLUTION NO. 2020-152
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
CHULA VISTA AUTHORIZING TEMPORARY LOANS OF UP
TO $9,374,810 FROM THE MEASURE A FUND BALANCE TO
THE ADVANCED LIFE SUPPORT TRANSPORT FUND FOR
THE FUNDING OF PHASE II DEPLOYMENT STARTUP
COSTS ($4,881,710) AND VEHICLE AND EQUIPMENT COSTS
($4,493,100), RESPECTIVELY TO PROVIDE EXCLUSIVE
EMERGENCY AMBULANCE TRANSPORT SERVICES
WITHIN THE CITY OF CHULA VISTA, THE CITY OF
IMPERIAL BEACH AND THE BONITA SUNNYSIDE FIRE
PROTECTION DISTRICT COMMENCING ON OR ABOUT
APRIL 9, 2021
WHEREAS, on May 12, 2020, the City Council approved Chula Vista Fire Department’s
proposed Emergency Ambulance Services program, including program operational plans, required
vehicles and equipment, required staffing, and overall projected program costs and revenues; and
WHEREAS, a combination of methods will be used to finance the phased startup of the
transport system, to include utilizing the FY21 ALS budget, utilizing existing fund balances from
the ALS fund, capital purchase/lease loans, and a temporary loan from Measure A – Fire
Component to the ALS transport fund; and
WHEREAS, the Fire Department is seeking to fund the Phase II startup costs by utilizing
a temporary loan in the amount of $4,881,710 from the available FY21 Measure A-Fire
Component fund balance to the ALS Transport Fund. The Fire Department projects that the loan
will be repaid using AMR’s final reimbursement payment under the City’s expiring ambulance
services contract plus revenues generated from the initial years of the Fire Department’s
ambulance services operations, but no later than after 5 years of ambulance service operations; and
WHEREAS, the Fire Department is seeking an additional Measure A-Fire Component loan
to fund vehicle and equipment capital purchases in the amount of $4,493,100; and
WHEREAS, Council approval of this loan will allow the Fire Department to secure the
vehicle/equipment purchase in order for the vehicle/equipment vendor to begin building the
equipment without delays that could otherwise adversely impact the desired commencement date
for Fire Department ambulance transport services. If a capital purchase/lease bank loan is
acquired, the additional temporary Measure A-Fire Component loan in the amount of $4,493,100
will be repaid using those funds; and
WHEREAS, any and all loaned amounts will be repaid with interest at a rate equal to the
City’s pooled investment rate of return, currently approximately 2.2%; and
WHEREAS, as a result of the projected timing for repayment of the loans, and the applied
interest rate, the Measure A Fire component will not be adversely impacted.
DocuSign Envelope ID: 2DED6019-5DB6-4AE9-BD34-AC406B0218AA
Resolution No. 2020-152
Page No. 2
NOW, THEREFORE, in consideration of the above recitals, and all other information
presented by the CVFD, and others, at the June 23, 2020, City Council meeting, the City Council
of the City of Chula Vista does hereby authorize and direct the City Manager to finalize and
execute a temporary loan from Measure A -Fire Component Fund Balance to the ALS transport
fund for the funding of Phase II deployment startup costs and vehicle and equipment costs, as
presented, in the not to exceed loan amounts of $4,881,710 and $4,493,100, respectively, with
interest accruing at the City’s pooled investment rate, and repayment at the earliest practical date
from the sources and revenues described above.
Presented by Approved as to form by
Jim Geering Glen R. Googins
Fire Chief City Attorney
PASSED, APPROVED, and ADOPTED by the City Council of the City of Chula Vista,
California, this 23rd day of June 2020 by the following vote:
AYES: Councilmembers: Diaz, Galvez, McCann, Padilla, and Casillas Salas
NAYS: Councilmembers: None
ABSENT: Councilmembers: None
Mary Casillas Salas, Mayor
ATTEST:
Kerry K. Bigelow, MMC, City Clerk
STATE OF CALIFORNIA )
COUNTY OF SAN DIEGO )
CITY OF CHULA VISTA )
I, Kerry K. Bigelow, City Clerk of Chula Vista, California, do hereby certify that the foregoing
Resolution No. 2020-152 was duly passed, approved, and adopted by the City Council at a regular
meeting of the Chula Vista City Council held on the 23rd day of June 2020.
Executed this 23rd day of June 2020.
Kerry K. Bigelow, MMC, City Clerk
DocuSign Envelope ID: 2DED6019-5DB6-4AE9-BD34-AC406B0218AA