Ord No 13-10-2038ORDINANCE NO. 13-10-2038
An ordinance of the Mayor and City Commission of the City of South Miami, Florida
authorizing the Acting City Manager to finance the purchase of four- (4) nine (9) 2010 Ford
Crown Victoria Police Interceptors for a total amount of $101,360.00 $228,060.00 and
accepting the interest rate of 3.08% for a five (5) year financing term through Suntrust
Bank with twenty (20) quarterly payments in the amounts of $5,487.79 $12,378.72 and
charging to the Police Department's Vehicle Lease/Purchase Account Number 001 -1910-
521 -4450; Providing for severability, ordinances in conflict, and an effective date.
WHEREAS, the 2009 -2010 Approved Budget reflects the allocation of funds for the
purchase and financing of the proposed vehicles; and
WHEREAS, In accordance with competitive bidding procedures, three (3) banks have
provided quotes, Ford Credit, Suntrust Bank and First National Bank of South Miami; and
WHEREAS, Suntrust Bank has provided the lowest rate and has agreed to finance the
vehicles at an interest rate of 3.08% for five (5) years; and
NOW, THEREFORE, BE IT ORDAINED BY THE MAYOR AND CITY
COMMISSION OF THE CITY OF SOUTH MIAMI, FLORIDA, THAT:
Section 1. That the City Manager is authorized to execute a contract with Suntrust Bank
for financing as described in this ordinance.
Section 2. That the funding will be provided from the Police Department's Vehicle
Lease /Purchase Account # 001 - 1910 -521 -4450, Account Balance $37,596.28
Section 3. This ordinance shall take effect upon adoption.
PASSED AND ADOPTED this 4th day of May 2010.
Page 1 of 2
Ord. no. 13 -10 -2038
ATTEST:
owl
-
I"Reading- 4/19/;10
2 "a Reading- 5/4/10
APPROVED:
V�
MAYO
READ �AN D PPROVED AS TO FORM COMMISSION VOTE:
AND I SUFFICIEN,C� Mayor Stoddard u
Vice Mayor Newman
Commissioner Palmer
C ATTORNEY Commissioner Beasley
Commissioner Harris:
Page 2 of 2
5 -0
Yea
Yea
Yea
Yea
Yea
South Miami
*Ameiaeaft
CITY OF SOUTH MIAMI 11111F
OFFICE OF THE CITY MANAGER
INTER- OFFICE MEMORANDUM zoos
To- The Honorable Mayor & Members of the City Commission
From: Robert F. Richardson II, Chief o£ Police
Via: Roger M. Carlton, Acting City Manage
Date: May 4, 2010 Agenda Item No:
Subject: An ordinance of the Mayor and City Commission of the City of South Miami,
Florida authorizing the Acting City Manager to ("mane the purchase of four
(4) nine (9) 2010 Ford Crown Victoria Police Interceptors for a total amount
of $10t.-360-00 $228,060.00 and accepting the interest rate of 3.08% for a five
(5) year financing term through Suntrust Rank with twenty (20) quarterly
payments in the amounts of x$5,48=/:70 $12,378.72 and charging to the Police
Department's Vehicle Lease/Purchase Account Number 001 -1910 -521 -4450;
Providing for severability, ordinances in conflict, and an effective date.
Request: Authorizing the Acting City Manager to purchase and sign a five (5) year
financing agreement with Suntrust Rank for four -(4) nine (9) police vehicles.
Reason/Need: Financing is required and has been budgeted for the replacement of vehicles
in the police fleet. Favorable pricing and financing rates have made it
possible to purchase and finance nine (9) vehicles instead of the previously
planned four (4).. The increase from four (4) to nine (9) purchased vehicles
was clearly explained to and understood by the City Commission during the
first reading of this ordinance. The City Attorney and .Acting City Manager
were directed to prepare the appropriate adjustments to the greater
quantity for second reading.
The Police Department has had obtained quotes from five (5) vendors for the purchase of five (5) Ford
Crown Victoria Police Interceptor (CVPI) vehicles. One (1) vehicle will be purchased in full through the
American Recovery and Reinvestment Act of 2009. Four (4) vehicles are were to be financed over a five
(5) year period. The total amount for the four (4) vehicles to be financed is was $101,360.00.
Three (3) quotes were received from Iending institutions:
• Suntrust Bank - 3.08% - paid in twenty (20) quarterly payments of $5,487.70
• First National Bank of South Miami - 4.85% -payment schedule not provided
• Ford Motor Credit - 6.4% -paid in five (5) annual payments of $22,957.61
Due to the current pricing for the vehicles, equipment and financing, the opportunity arose to purchase
and finance nine (9) vehicles (in addition to the grant - funded vehicle).
With the financing from Suntrust Bank, there will only be one (1) quarterly payment due in this current
FY 2009/1.0 budget. To make that single finance payment for nine (9) vehicles instead of four (4), the
total payment would be $12,378.72, leaving a balance of $25,217.56 to transfer to Operating Equipment
Account # 001 -1910 -521 -6430 to fund the emergency equipment and graphics installation on the
additional five (5) vehicles.
By taking advantage of this opportunity:
• Current year (FY 2009/10) expenditures would be within budget.
• After the total of ten (10) new vehicles (one fully funded from a grant) are in service, no patrol
officers would be assigned vehicles with over 100,000 miles. There would, however, still be a
few spare pool vehicles over 100,000 miles and approximately seven (7) vehicles in the 90,000
range,
• The ten (10) new vehicles should positively impact the cost of fleet maintenance and repairs as
they will be under warranty for 5 years /75;000 miles.
• The administration will be preparing a resolution in the near future to remove vehicles from the
fleet through parting out, scrapping or auction.
Cost: $12,378.72 from FY 2009/10 budget —Then, nineteen (19) more quarterly payments totaling
$49,514.88 per year for the remaining 4.75 years.
Funding Source: Police Department Vehicle Lease/Purchase Account #001 - 1910 -521 -4450 with a
current account balance of $37,596.28.
Backup (Documentation:
• Proposed Second Reading (Ordinance with
amendments approved on ls` reading
• Amended Financing Quote
• Excerpts from City Commission approval of amended resolution and ordinance
relating to purchase and financing of vehicles
Page 2 of 2
Page l o£2
Rivera, Usette
From: Rivera, Lisette
Sent: Wednesday, April 28, 2010 5:24 PM
To: Mills, Michael S.
Subject: FW: New purchase for 9 police cars
Lisette,
The below amort is for the revised amout which will be for 9 police vehicles. Should you need anything else, feel
free to contact me.
Thank you,
Lu
Payment
Payment
Payment
Principal
Interest
Principal
Number
Date
Amount
Component
Component
Balance
5/15/10
228,060.00
1
8/15/10
12,378.72
10,565.65
1,813.07
217,494.35
2
11/15/10
12,378.72
10,649.65
1,729.07
206,844.70
3
2/15/11
12,378.72
10,734.31
1,644.41
196,11039
4
5/15/11
12,378.72
10,819.65
1,559.07
185,290.74
5
8/15/11
12,378.72
10,905.66
1,473.06
174,385.08
6
11/15/11
12,378.72
10,992.36
1,386.36
163,392.72
7
2/15/12
12,378.72
11,079.75
1,298.97
152,312.96
8
5/15/12
12,378.72
11,167.84
1,210.88
141,145.13
9
8/15112
12,378.72
11,256.62
1,122.10
129,888.51
10
11/15/12
12,378.72
11,346.11
1,032.61
118,542.39
11
2/15/13
12,378.72
11,436.31
942.41
107,106.08
12
5/15/13
12,378.72
11,527.23
851.49
95,578.85
13
8/15/13
12,378.72
11,618.87
759.85
83,959.98
14
11/15/13
12,378.72
11,711.24
667.48
72,248.74
15
2/15/14
12,378.72
11,804.34
574.38
60,444.40
16
5/15/14
12,378.72
11,898.19
480.53
48,546.21
17
8/15/14
12,378.72
11,992.78
385.94
36,553.43
18
11/15/14
12,378.72
12,088.12
290.6
24,465.31
19
2/15/15
12,378.72
12,184.22
194.5
12,281.09
20
5/15/15
12,378.72
12,281.09
97.63
0
Totals
247,574.40
228,060.00
19,514.40
Lawanna S. Gatton
410- 307.6705 office
410- 9$2 -1208 cell
410- 307 -6620 fax
From: Irivera0l @att.blackberry.net [ mailto :Irivera0l @att.blackberry.net]
Sent: Friday, April 23, 2010 4:47 PM
To: Gatton.Lawanna
Subject: Re: New purchase for 4 police cars
I just following up the request I send you I need the inf as soon as posible since the ordinance has to go
4/28/2010
Page 2 of 2
back to the commission and the dead line is on monday. Thank you
Lissette
Sent via B1aekBerry by AT &T
From: "Gatton.Lawanna" <Lawanna.Gatton @suntrust.com>
Date: Wed, 21 Apr 2010 13:20:37 -0400
To: <lrivera @cityofsouthmiami.net>
Subject: Re: New purchase for 4 police cars
Thank you for the update. I will work on my end toward the anticipated closing in early May. Are you still
considering the refinance of vehicles?
Thank You,
Lu
From: Rivera, Lisette <lrivera @cityofsouthmiami.net>
To: Gatton.Lawanna
Sent: Tue Apr 20 12:55:58 2010
Subject: RE: New purchase for 4 police cars
Please be informed that the first reading ordinance for the purchase of the cars was approved. There is
one more time that we need to go in front of the commission for on May 4. Please let me know what do
you need to start the process of the finance right after the ordinance is approved. Please forward me the
schedule of payment including the finance of 9 cars no 4.
Thank you,
Lissette
4/28/2010
PTd
1 City of South Miami
2 Regular City Commission Minutes
3 April 19, 2010
i. EXCERPT
5
6
7 CALL TO ER:
8
9 The City Commission of the City of South Miami, .Florida met
10 in regular session on Monday, April 19, 2010, beginning at 7:24
11 p.m., in the City Commission Chambers, 6130 Sunset Drive.
12
13 A. Roll Call:
14 The following members of the City Commission were present:
7.5 Mayor Philip K. Stoddard, Vice Mayor Valerie Newman, and,
16 Commissioners Velma Palmer, Brian D. Beasley and Walter A.
17 Harris.
18
19 Also in attendance were: City Attorney Laurence Feingold and
20 Deputy City Attorney Mark A. Goldstein, City Clerk Maria M.
21 Menendez and Acting City Manager Roger M. Carlton.
22
23
24 RESOLUTION (S)
25
26
27 87 -10 -13121
28 21. A Resolution of the Mayor and City Commission of the
29 City of South Miami, Florida, authorizing the Acting
30 City Manager to purchase Five Ten 4E+ (10) 2010 Ford
31 Crown Victoria Police Interceptor (CVPI) vehicles from
32 Gus Machado Ford for an amount of $126,700.00 and
33 authorizing the Acting City Manager to seek the lowest
34 bidder for financing of four -(4" nine (9) of the
35 vehicles for an amount of $101,360.00 from Police
36 Vehicle Lease /Purchase Account ## 001 - 1910 - 521 -4450 and
37 the fifth ninth vehicle to be funded from the American
38 Recovery and Reinvestment Act Grant in the amount of
39 $25,340.00 and authorizing the expenditure of not more
40 than $24,754.80 for emergency equipment and
41 installation from Dana Safety Supply and $1,957.80 for
42 graphics installation by Graphics Design International
43 for five -E54- ten (10) vehicles from Police Operating
CITY COMMISSION MINUTES 1
April 19, 2010
1
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3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
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46
47
Equipment Account # 001 - 1910 -521 -6430,
effective date.
(Acting City Manager)
Providing for an
3/5
Moved by Commissioner Beasley, seconded by Mayor Stoddard to
approve this item.
Mr. Carlton presented this item explaining that because the
finance rate came so low, and because there is enough money
available, he contacted the leasing company to see if they would
be willing to finance five (5) more vehicles; if approved by the
Commission, we will have to budget $27,000.00 for next year's
lease payment. He said that if the purchase of ten (10) vehicles
is approved, we will not have an active vehicle with more than
100,000 miles.
Moved by Mayor Stoddard to amend the resolution to change
the number of vehicles from five (5) to ten (10). Seconded by
Vice Mayor Newman, the motion to approve this item as amended and
as a whole passed by a 5 -0 vote:
Commissioner Palmer: Yea
Vice Mayor Newman: Yea
Commissioner Beasley: Yea
Commissioner Harris: Yea
Mayor Stoddard: Yea
• . 4.'
22. An ordinance of the Mayor and City Commission of the
City of South Miami, Florida authorizing the Acting
City Manager to finance the purchase of €euw —+4)- nine
(9) 2010 Ford Crown Victoria Police Interceptors for a
total amount of $1$1,60 - 00 $228,060.00 and accepting
the interest rate of 3.08% for a five (5) year
financing term through Suntrust Bank with twenty (20)
quarterly payments in the amounts of 45-,48-7-.-7G
$12,378.72 and charging to the Police Department's
Vehicle Lease /Purchase Account Number 001- 1910 -521-
4450; Providing for severability, ordinances in
conflict, and an effective date. 4/5
(Acting City Manager)
Moved by Commissioner Beasley,, seconded by Mayor Stoddard to
approve this item.
CITY COMMISSION MINUTES 2
April 19, 2010
1
2
3
4
5
6
7
8
9
10
11
12
13
Moved by Mayor Stoddard to amend the ordinance to read that
we will finance the purchase of nine (9) vehicles instead of four
(4) vehicles. Seconded by Commissioner Beasley, the motion to
approve this item as amended and as a whole passed by a 5--0 vote:
CITY COMMISSION MINUTES
April 19, 2010
Commissioner Palmer: Yea
Vice Mayor Newman: Yea
Commissioner Beasley: Yea
Commissioner Harris: Yea
Mayor Stoddard: Yea
3
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Review Is a newspaper published at Miami In said Miami -Dade z .rssu yk
County, Florida and that the said newspaper has ,An arrjina9ce of tie R�(ayorand Ci�tyCdom"�fn(s` pf toe Ciry
heretofore been continuously published in said Miami -Dade County, S afSouth ('J(fpm -1 Fk4idq authorfzlnt, tfte Aattyg. Mana�af.
Florida, each day (except Saturday, Sunday and Legal Holidays) totinlryce he p rchasgbf fk(ne (9kxo,�0'For"}fCmwnrVtctoda
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to rxecutoa aervices6ntra'ct`�'vIt�i Arco Elentrny7cs Inc for
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Hall. and Pol"c 0epsrtrhdnt iri file omauir} gt.$8,'3 d Oo per
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year totite charged to Public L�rYcs ConYractya(rSOryices
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23 day of PRIL _ ,A,D. 2010 _^ 1(vo date_a
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ALL interested padresara"Anuited foaYtertdAntl W,fli be heard
006 .6fi3- .63¢,O�fopnatlfOn /}1lgase contatA the City, C)erks Office at:
(SEAL)
Made'M Fiteneridei,CMIC
V. PEREZ personally known to me
` Agency o0Commlasign'Vtith resp @pt to any tnatter, ponsidered at its
B. THOMAS ebiin or hearing, m g g beer she wi0 need a eco d of the proceedings and
Cotturission #DO 937532 Ihatfor4UQbpurpose, affected pars
onmaynoafitoensutethaiayerba0m
Expires November 2 °013 record of the,prtld adfngs is made which record includes the testimony
'Fpt -fay^ 60em +vTnI,Mi, to uaxqrstufl andevidence upon which the appeal is to be based.
9123,. 330/145 89 31M
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MIAMI DAILY BUSINESS REVIEW
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Published Daily except Saturday, Sunday and
Holidays
(�`p oQ�+ T�.Qy�`
Y 'r
Legal
Miami, Miami bade County, Florida
r Fyr �r!4!
NDTII:E.iS}IEhEBY,IP86 -11I Olr3 Crly CommisSiPn.of the OAy of 5,ouhi
STATE OF FLORIDA
COUNTY OF MIAMI -DADS:
Mramr Florida Witl cond(M AtPU 7tgj jgErlJ,rgs at its'regular Ciry:Gommissfon
meeung'sd eda ed for Tt esday May 4,-20i0 beginning a(7 30 p.m. In
Before the undersigned authority personally appeared
the ON, Llpmmission Chamhors 6130`Sunset Dnve' to corrstdef °the.
foiloWtng itern(s) r t
V. PEREZ, who on oath says that he or she is the
,
LEGAL CLERK, Legal Notices of the Miami Daily Business
An nrdinsnceofthe Mayorand Ct}yComryisslon.oftlfe Glry,
Review f /k/a Miami Review, a daily (except Saturday, Sunday
ob f�S -ouch Mlamy Fao¢da amending �Ncie VI Pur�jtasin
and Legal Holidays) newspaper, published at Miami in Miami -Dade
of Chapter 2 of (ho, ¢3ty Geode to. p'rpv,de Sbr'a0 regulae ;i'
County, Florida; that the attached copy of advertisement,
> DastgodleyE(dCOr(tra�tsr proV(ding for cpnflio }s: seyerabtlfty ',',
being a Legal Advertisement of Notice in the matter of
and ab;effectivedate; ,yycc�q .; .;rr'
> sAdpfrflitp0�'oftheddayorand i:ity COmrgission ajfhp�ty,� .
CITY OF SOUTH MIAMI
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Ordinandewar order to xemove eirist(ng, Se`Ct yAd,gt -:
PUBLIC HEARING - MAY 4, 2010
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Affiant further says that the said Miami Daily Business proVirli'gtny aTn effec��vedatg e'`+F ,
Review Is a newspaper published at Miami In said Miami -Dade z .rssu yk
County, Florida and that the said newspaper has ,An arrjina9ce of tie R�(ayorand Ci�tyCdom"�fn(s` pf toe Ciry
heretofore been continuously published in said Miami -Dade County, S afSouth ('J(fpm -1 Fk4idq authorfzlnt, tfte Aattyg. Mana�af.
Florida, each day (except Saturday, Sunday and Legal Holidays) totinlryce he p rchasgbf fk(ne (9kxo,�0'For"}fCmwnrVtctoda
and has been entered as second class mail matter at the post
igP.p(i(�erce jrsr a total a��n!"oir i+-ii``350,00 and `
office in Miami In said Miami -Dade County, Florida, for a p art`F'�'ep`dttg ilt °,r nfeiest` rte $o£3b5,�;fo s fiv t,5}$year'
period of one year next preceding the first publication of the tf}iapc�n.nar'a"u'`gry`'SU,nVtu` �aniPyh' .t,pnty20i..
attached copy puatter.y jp ynr n r fn the d ®rftsTH�f °$5':5770 LrS7�
she has neithe�paid onor promised any fperson�{ m or corporation r �, ghargi�ng, 3he',l;P .,e Depattreton s� �y�gci7i,[cie Leasg%:. 1.
Purchase
-.11-1.. lcco'�nY r(ur0b�pr'�00. k " 21 7', ovit�ing
any discount, rebate, commission or refund for the purpose lotseye iiAltipity�rd#ranc`esfnconPjict a'r',rdan etfe`�etiVe date y?_
of securing this advertisement for publication in the said fa
newspaper. } `A Ria"udan of fhe .Mayprand City Commism ti- of the City
o e)(00iMfamir1Vi_i,d' ,,hpr}zing thojrctCngCityitdanager'
to rxecutoa aervices6ntra'ct`�'vIt�i Arco Elentrny7cs Inc for
three cdJtsecutiye �ea'S`s for i:iteAiarms Nialntenance ena
Monriol {ng'�ytttesGf6soir'6attiet Qommuni'ry' "Center City
Hall. and Pol"c 0epsrtrhdnt iri file omauir} gt.$8,'3 d Oo per
Sworn to and subscribed before me this , r„
year totite charged to Public L�rYcs ConYractya(rSOryices
Aocoi tt 1 fitin r Od1,�.1710.519 3450; providing for an effec,
23 day of PRIL _ ,A,D. 2010 _^ 1(vo date_a
F.
ALL interested padresara"Anuited foaYtertdAntl W,fli be heard
006 .6fi3- .63¢,O�fopnatlfOn /}1lgase contatA the City, C)erks Office at:
(SEAL)
Made'M Fiteneridei,CMIC
V. PEREZ personally known to me
` Agency o0Commlasign'Vtith resp @pt to any tnatter, ponsidered at its
B. THOMAS ebiin or hearing, m g g beer she wi0 need a eco d of the proceedings and
Cotturission #DO 937532 Ihatfor4UQbpurpose, affected pars
onmaynoafitoensutethaiayerba0m
Expires November 2 °013 record of the,prtld adfngs is made which record includes the testimony
'Fpt -fay^ 60em +vTnI,Mi, to uaxqrstufl andevidence upon which the appeal is to be based.
9123,. 330/145 89 31M
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