Title
Resolution Authorizing the Purchase of Two Fire Apparatus Through a Lease/Purchase Financing Agreement
Body
WHEREAS, the Alameda County Fire Department (ACFD), in serving as the City's fire department, has a need to replace two of its existing fire apparatus; and
WHEREAS, although the City contracts with the ACFD for fire services, all facilities and equipment, including fire engines, are owned and provided by the City; and
WHEREAS, the bid price by Golden State Fire Apparatus for each 2010 Pierce Arrow XT unit is $485,545, inclusive of costs for inspection, delivery, and sales tax. The total amount of the purchase and the related financing for the two engines is $971,090; and
WHEREAS, the City proposes to purchase the fire engine by piggy-backing on the County bid to benefit from the County's bid process. In addition, staff proposes to finance the purchase of the new fire engine (not the cost of any equipment to outfit the fire engine) through a five year lease/purchase agreement with Oshkosh Capital.
NOW THEREFORE, BE IT HEREBY RESOLVED by the City Council of the City of San Leandro as follows:
To approve the resolution authorizing acquisition of two replacement pumper fire trucks and financing through a lease purchase agreement with Oshkosh Capital and authorizing the City Manager to execute the lease purchase agreement and other documents necessary to finance the acquisition.