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File #: R-2021-088    Version: 1 Name: Police Vehicles - Enterprise FM Trust
Type: Resolution Status: Passed
File created: 2/8/2021 In control: Department of Public Works
On agenda: 4/7/2021 Final action: 4/7/2021
Title: A Resolution Of The City Commission Of The City Of Hollywood, Florida, Approving And Authorizing The Appropriate City Officials To Issue A Purchase Order To Enterprise FM Trust, A Delaware Statutory Trust, For The Purchase Of 45 Vehicles In The Amount Of $2,313,610.36 On A 36 Month Lease-To-Own Basis Under The Master Equity Lease Agreement (Previously Approved By Resolution No. R-2016-375), The Lease Package And Open-End Equity Lease Rate Quote Numbers 4958314 And 4958391, In Accordance With Section 38.41(C)(9) Of The Procurement Code. (Best Interest)
Attachments: 1. RESO - Enterprise - PD 2021 Vehicles.pdf, 2. Enterprise Draft PO (PFY-2104198).pdf, 3. Master Equity Lease Agreement.pdf, 4. 3 Year Equity Lease 3.16.21_x2_2021 Chevy Tahoe PPV 4x2 with K9 AME Q# 4958391 (K-9).pdf, 5. 3 Year Equity Lease 3.16.21_x43_2021 Chevy Tahoe PPV 4x2 with Patrol AME Q# 4958314.pdf, 6. Best Interest Memo.pdf, 7. TermSheetEnterprisepolicevehiclesbestinterest_.pdf
Title
A Resolution Of The City Commission Of The City Of Hollywood, Florida, Approving And Authorizing The Appropriate City Officials To Issue A Purchase Order To Enterprise FM Trust, A Delaware Statutory Trust, For The Purchase Of 45 Vehicles In The Amount Of $2,313,610.36 On A 36 Month Lease-To-Own Basis Under The Master Equity Lease Agreement (Previously Approved By Resolution No. R-2016-375), The Lease Package And Open-End Equity Lease Rate Quote Numbers 4958314 And 4958391, In Accordance With Section 38.41(C)(9) Of The Procurement Code. (Best Interest)


Strategic Plan Focus
Quality of Life & Strong Neighborhoods


Body


Staff Recommends: Approval of the Attached Resolution.


Explanation:
The Department of Public Works, Fleet Management Division, on behalf of the Police Department, requires the purchase of 45 new vehicles to replace a portion of those vehicles that have reached or surpassed their life expectancy and road worthiness by age, mileage and wear, and can no longer be relied upon to perform at required operational levels.

The Police Department specifically requested the purchase of forty-five 2021 Chevrolet Tahoe 1500 RWD Police Patrol Vehicles (CC10706/9C1/PPV) ("45 Vehicles") with the ability to purchase at the end of the lease term.

Forty-three of the new 2021 Chevrolet Tahoe 1500 RWD vehicles, costing $2,207,406.72 will be used as Patrol Vehicles. The additional two vehicles, costing $106,203.64 will be used as K-9 Vehicles. All 45 vehicles included in this purchase and pricing will be outfitted with the necessary equipment (lights, sirens, cages, computer stands, equipment lock box etc.) required for patrol and operational functions from Strobes-R-Us.

On December 14, 2016, the City Commission passed and adopted Resolution Number R-2016-375 that authorized the execution of a Master Equity Lease Agreement with Enterprise along with the issuance of a purchase order for specific vehicles for the Code Compliance Division based upon a lea...

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