REQUEST FOR CITY COUNCIL ACTION
SUBMITTED TO: Honorable Mayor and City Council Members
SUBMITTED BY: Al Zelinka, City Manager
VIA: Sunny Han, Acting Chief Financial Officer
PREPARED BY: Sunny Han, Acting Chief Financial Officer
Subject:
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Authorize the City Manager or designee to purchase 112 3M Scott Self-Contained Breathing Apparatus (SCBA) Replacement Units in the amount of $1,088,199 through a sole source procurement, two (2) Triple Combination Pumper Engines in the amount of $1,212,623 each, one (1) 100-foot Aerial Quint Truck in the amount of $2,151,085; and authorize the City Manager or designee to enter into all documents necessary to acquire and finance the purchase of these items and other vehicles and capital equipment for a total not to exceed $7,742,143 at an interest rate not to exceed 3.837%
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Statement of Issue:
City Council approval is requested to purchase and finance 112 3M Scott Self-Contained Breathing Apparatus (SCBA) replacement units, two (2) replacement Triple Combination Pumpers and one (1) replacement 100-foot Aerial Quint, three (3) ambulances, and other replacement vehicles and equipment; and authorize the City Manager or designee to enter into any and all documents necessary to finance the purchase of the vehicles.
Financial Impact:
The replacement of 112 3M Scott Self-Contained Breathing Apparatus (SCBA) replacement units, two replacement Triple Combination Pumpers and one replacement 100-foot Aerial Quint, three ambulances, and other replacement vehicles and equipment is included in the City's Capital Equipment Replacement program for the upcoming fiscal year. Due to the lengthy lead times in securing these essential pieces of equipment and current competitive interest rates, staff recommends financing these purchases at a total cost not to exceed $7,742,143 for a seven-year term. Based on a conservative interest rate estimate of 3.837%, the estimated annual debt service payment would be $1,282,157, which is...
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