Title
A Resolution Of The City Commission Of The City Of Hollywood, Florida, Approving And Authorizing The Appropriate City Officials To Issue A Blanket Purchase Order With Enterprise FM Trust, A Delaware Statutory Trust, And Execute An Open-End (Equity) Lease Rate Quote For The Lease Of Vehicles To Serve The Code Compliance Division In An Estimated Total Amount of $123,716.88 For A 14 Month Term, Based Upon Sourcewell Contract #060618-EFM And In Accordance With Section 38.40(C)(5) Of The Code Of Ordinances (Piggyback).
Strategic Plan Focus
Quality of Life & Strong Neighborhoods
Body
Staff Recommends: The Approval of the Attached Resolution.
Explanation:
The Public Works Department, Fleet Maintenance Division, on behalf of the Development Services Department, Code Compliance Division, is requesting the approval of the attached resolution for the purpose of leasing 18 GMC Sierra pick-up trucks for two seven-month lease cycles in order to replace prior leased vehicles that will be returned to Enterprise FM Trust, a Delaware Statutory ("Enterprise").
On April 17, 2019, the City Commission passed and adopted Resolution No. R-2019-089 that approved the execution of a Master Equity Lease Agreement with Enterprise Trust FM to lease vehicles for the Police Department. The Enterprise Lease Agreement was competitively procured through the Sourcewell contract, pursuant to contract #060618-EFM in which Enterprise has agreed to provide these vehicles under the pricing terms and conditions.
Public Works contacted Enterprise in regards of the availability of GMC Sierra pick-up trucks, to be delivered via two, seven-month lease cycles, and the vendor advised that they can provide these vehicles to the City pursuant to an open-end lease program.
The open-ended equity lease is for two seven-month lease cycles, and 18 vehicles will be provided to the City during the first seven-month lease cycle, and at the end of the first seven-month term, the first 18 vehicles wil...
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