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Res. No. 236-99-1085910 11 12 RESOLUTIONNO.236-99-10859 A RESOLUTION OF THE MAYOR AND CITY FLoZf^L™CITY 0F S0U™M^l6SSS'wrfH0RIZING THE CITY MANAGER TO 7 AxT!Lr^T°A LEASE AGREEMENT WITHATLANTICTRUCKCENTERFORTHEUSEOFA ™?ArCRANE TRUCK TO BE PAID IN FIVE JS^T v^LMENTS °F $'8'697-23 STAR™GINFISCALYEAR2000-01." S .wo tras™AaSnd!he Clty'S dai'y tr3Sh C0'leCti0n ~*»r«****—°f 15 "Piece oCSar """"""""*"**«*°^«"*«^«•^t-line 18 20 provideYSteli trSCen?,entt°f thJS "^^^PubHc Works t0 c^inue to2.equipment an";*"*""""^SemCe by impr0vin*the -"ability of the 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 •ease p^£S ^£*°eP™^^««e eouipment r™,*N°W THEREpORE5 BE IT RESOLVED by the MAYOR AND PTTVCOMMISSIONoftheCITYOFSOUTHMIAMI,FLORIDA paymento^9t 2fi3ThTnlGr "^^Atlantic T™*Center based on annual No 770 700 230 "m^^haS bCen idemified baSed on State Contract Section 2,The City Manager be authorized to make the first of five payments induringfiscalyear2000-01 to Atlantic Truck Center.Payments in Section!That this resolution shall be effective immediately after adoption. PASSED AND ADOPTED this 16thday of Noye.beri999, 40 APPROVED: 41 J J ATTEST: 42 43 VlTY CLERK =*W^-^^^^^^^^ 44 u MAYOR 45 READ ANDAPPROVED AS TO FORM:COMMISSION VOTE:5-0 46 <J>-^Mayor Robaina:Yea 47 ^"^^-2 /£>G*^//g>/L*Vice Mayor Russell :Yea 48 CITY ATTORNEY 'Commissioner Feliu:Yea Commissioner Bethel:Yea 48 49 50 51 52 Commissioner Bass:Yea CITY OF SOUTH MIAMI INTER-OFFICE MEMORANDUM TO:Mayor and Commission I)ATE:October 19,1999 of1 FROM:Charles D.Scurr//^SUBJECT:Agenda Item* City Manager UW Trash Crane leaie" REQUEST The attached resolution seeks authorization to enter into alease agreement for atrashcranetrucktousedinthedailytrashcollectionservice.The proposed^is fo^a five year period ata total costof $79,996.00 BACKGROUND S^hdT rS,t,Mh '^?"**^^thC depl0yment 0f two trash cra<*™1 laCh day-ASpare crane 1S "dispensable to address equipment breakdown As a he I m°P reqmreS **^ta,sh Crane tIucks be ava«abl«-At present one ofhefont-hne cranes is approaching its sixth year of use.This crane has neLly reachedtheendofitsusefulhfeasadaily,front-line piece of equipment. Compounding the above situation is the fact that the spare or "backup"crane is 12 years ™n°p°T Ca"ubC rdied UP°n f°r USe durin«astri"g of consecutive days when front ,W;Th r"eCti0n S6rViCe t0 6ndure miniraum interruptions,the olderfront-hne crane needs to be converted to aspare crane and replaced with anew crane. ANALYSIS The five-year lease will be paid in arrears with one annual payment.The annual paymentwillbeintheamountof$18,697.23 for atotal amount of $79!,996.00 througTtheleasT fea"e period.Crane ""**^^***^***'am°Unt °f $10°at the end °f the The above lease terms are based on the 1998-99 State Contract no.070-700-230 The amortization rate in this lease is 5.43 percent. \continued... MAYOR AND COMMISSION OCTOBER 19,1999 PAGE TWO msCcane7ZToTeln T"?"°u disbursement °""»*l«™"'//be made untilHscalYear2000-01 Funding for this expenditure will be provided in from an account "h'ch will be created and funded for the coming fiscal year CONCLUSION AND RECOMMENDATION cZ!l1lm^nri"3^leVCl °f traSh CO"eCtion services re«Juires *at anew trashcranebeleased.The recommended lease program defers the disbursement to the nextfiscalyearwhilebenefitingtheCityalmostimmediatelybyhavingtheequipmentavailableinthenext30to90days.<=4uipraem Approval is recommended. e9/01/-99 13:57 *APMAr<MBCC•National Truck Office Municipal Lett*Quota City of South Miami/Atlantic Truck Center/dp NO.969 P0Q5/309 e&\4SL 09/15/1999 09/15/2000 09/15/2001 09/15/2002 09/15/2003 09/15/2004 too® 643% Cash Row ($79.99600) S1S.697.23 $18,697.23 $16,697.23 $18,697.23 $18,697.23 Beoining 8aTiFanca Payments $79,99600 $65,642.56 $60,609.71 $34,555.15 $17,734.26 $18.697 23 $18,697 23 $16,697.23 $18,697.23 $18,697.23 ime/ett 4,343.78 3,564.39 2,742 66 1.67634 962.97 Principal 14.363.46 15.132 84 15,964.56 16,820.69 17.734.26 Ending Balsncs $65,942,55 $50.50971 $34.55515 $17,734.26 $0.00 f\P\,<£tJr£;$\1107^ SX3.ia0U<f 1VI034S Z4f9€Cr0C9 i'Vd WW 88 TC *0 Time:9:53 AM STBRLING TRUCKS Page 1of l 05/05/1999ATLANTICTRUCKCENTER 2565 W.STATE RD.84 FT.LAUDERDALE FL 33312 1-954-587-8220 Pax:1-954-797-9720 CITYOPSOUTHMIAMI QUOTB ID:230/33 S n m m a n „NO.OF UNITS:i(Price Levef "901 AMLJi QU°TATI0N901ModelYear-1999 Version =V3.03U.1.0 Model Wheelbase .. Engine Transmission Front Axle . Rear Axle .. Paint GAWR:Front: Total Weight 101"BBC Mid-Range 4X2 (L8501) _WB=153 CA=84 AF-39 OAL-224Cat3126Electronic Allison MD3060CR-P Total Equipment Price (Excluding Taxes and Title) Net Trade Allowance Total Price to the Customer . COMMENTS:1993-99 STATE CONTRACT #070-700-230 210HP2500RPM 6-Speed Electronic •'•'•"'"io "ib-Roc);wei11^0201^4SFr^ecef Ji Axle Ratio 6.14 12000/Rear:21666 qwr-'Fr^Ll '4o;;rt?pecial WhiteUVWR*prame:39000/Total:33000 Fr^nt:6553/Rear:3946 79996 ...0 *79^96 THANK YOU FOR THE OPPORTUNITY TO FULFILL ALL YOUR TRUCK NEKOS Time:9:53 AM STBR^ING TRUCKS ATLANTIC TRUCK CENTER „Trw n„05/05/1999 62565W.STATE RD.84 CITY 0P S0UTH MIAMI 'v=>'«^ PT.LAUDERDALE PL 33312 1-954-587-8220 Fax:1-9S4-797-9720 QUOTE ID:230/33 NO.OFUNITS:1 EQUIPMENT DETAIL (Price Level «901 Model Year -iqqq v.™^iear -1999 Version *V3.03U.1.0 ) DESCRIPTION 101"BBC Mid-Range 4X2 (L8501) AA Vehicle Type Veh Des,Truck WB vGk «er'0n/°"HighwayVehApp,utility Service Rd^ur?'^Xu10%O^-HighwayRdSurf.Broken Concrete Wheelbase WB.153 CA=84 AFo39 OAL-224 40 Frame FrameSEn^°'200 PSI S^Ch*™<* Huck Fasteners,Frame -Delete 30 Engine Cat 3126 Electronic 210 HP 2500 RPM 56 Transmission Allison MD3060CR-P 6_Speed Electronic 11 RearAxle 21000 lb Rockwell RS-21-145 Steel kAxleRatio6.14 steel is 10 Front Axle 12000 lb Front Axle 46 Front Suspension 12000 lb Capacity Multi-Leaf,54»Spread Time:9:53 AM StKRLING TRUCKS QUOTEID:230/33 NO.OFUNITS:1 Page 2of 6 05/05/1999 <Price Level =90x Model rear .1999 version .v3.03U.L0 , DESCRIPTION 47 Rear Suspension Rear°SuLfap-Mulci:L^f Normal Ride 46"Rear Suspension Auxiliary,Single Leaf *6 Brake Air Brakes Front Cam 15"x 4» Air Brakes Rear Cam 16.5»x 7» 43 Fuel Tank Steel,55 Gal rh Rect Tank,Shallow 44 Fuel Tank Equipment Full rln^tl FOrWarCi M°Unte*fuel Tank Steps,Cab Length 32 Bxhaust System Horiz Muffler &Horiz Outlet,RH 29 Satteries/Boxes/Cables Battery Box^fi°i CC^Mot°rcraft Grp 24«*ccery Box LH Under Cab,Std Weight 13 Axle Equipment/Driveline £iLLnbe'Synth6tic 75W90BrakeDrums,Full Cast,Front KfnaninTSA.FUU C«"^2Di?ferentiIi^?SM Pr°nt **1*'B™**DMnrfJ*1 fs>'Main'Non-LockingDragLink&Tie Rods,Greaseabll Hnh«'Fr°nt'D«ctile Iron eHubs,Rear,Ductile Iron K^t^r^'Rear **«'D-in *plll ^rtc»synthetic sow Time:9:53 AM STBRLING TRUCKS QUOTE ID:230/33 NO.OF UNITS:1 Page 3 of 6 05/05/1999 (Price Level .901 Model year .ajJ ^.^=^^^q } DESCRIPTION 19 BrakeEquipment Mr RDerLervo?rbCS°^rem ^"°»»" Brake Dust Shields Parkinfn^,:^0"*™'"™Bendix Auto qfari ?h?ake'MaXi IX (2 W«el)Hart ^Uste«^ont Auto Guniie 5 5"Slac*Adjusters Rear Auto Gunite 5 5» 50 pront Tire Size &Mfg Tubeless Radial 11R22.5-14 12 oaoGoodyearUnisteelG159A12.080 52 Front Wheel Disc 10H Steel 22.5x8.25 ISO 51 Rear Tire Size «Mfg Tubeless Radial UR22.5-14 21 200GoodyearUnisteelG159A21,200 53 Rear Wheel Disc 10H Steel 22.5x8.25 ISO 22 cab Steel Cab.Value Int Trim,Med Graphite Grille,Painted Tilting Hood,Fiberglass Korns,Dual Electric Mirrors Dual Western.Bright Mirrors Convex,Dual 5 5»Bric*ht-Mirror Arms,96"Bright Dior Ven?°^!±Xed'Solar ^nted Sind%hi2l^W^e8'GlSasr J1?'6*'.1**"IWindshieldw^^GJn%%3^ Time:9:53 AM STBRLING TRUCKS Pa9Q 4 of 6 05/05/1999 QUOTE ID:230/33 NO.OF UNITS:1 (Price Level =901 Model Year -1999 Voro.xear -1999 Version cr V3.03U.1.0 ) DESCRIPTION 24 I?rte£°J.Cd****I»entAitConditioning 25 Seating sssksskssc Gauges,llS?"£J.*«Activated Gauges RH Control Panel pi *-n Warr.xng9Light *Su^fr""^!";?! Guages-Temp-Transmiesion e° 7 Blectrical circuit!:illlTisti?*',}*Fu3a panei SEE 22~S2 ~ sigr.ai &Side Marker Combo Lamps Alternator Alt 100 Amp Deico Internally Regulated Time:9:53 AM STERLING TRUCKS QUOTE ID:230/33 NO.OF UNITS:1 Page 5of 6 05/05/1999 (Price Level =901 Modei Year ,l999 version =V3.03U.1.0 ) DESCRIPTION 37 Engine Equipment Air Cleaner,Donaldson Single Staoe Air Intake Heater 9 9 Air Intake Source,Outside Air Engine Mounts,Compression Type Fuel ptltr'fn9Jne M"1 Gal Cat 1R0739Fupi/M^£'flectronically Controlled G^vernor?^^F1*"^*»-*d Oil Cooler,Integral Silicone Hose Package Starter,Delco 12 Volt £SSorfB£SSS2'cS!fS Pedal Actuated SC Paint,Solid Color Special White 57 Transmission Equipment ?^nL^°U?ted Lever Control ConsoleTransmissionRearSupport 59 Chassis Bquipraent Bumper Flat Full Width Painted Steel Tow Hooks Front x -7T Dealer Installed TRASH GRAPPLB,20SW-20"GRAPPLE Pnrt DECK AND FENDBR COVERS SWIVEL PLE^Lf^A BACK OF'C^OPENSD AND PA^ED^?TE°VBR'R°TATING BBAC0N' Time:9:53 AM S T B RL I N G TRUCKS PaSS 6 of 6 05/05/1999 QUOTE ID:230/33 NO.OF UNITS:1 (Price Level .90l Moael vear .„„Version =^^^} DESCRIPTION FREIGHT CHARGE Fixed Chassis HN80 NEW VEHICLE WARRANTY,ON-OFF HWY TfeASjf Cl£A6£ LEASE COST OPTIONS -HEAVY EQUIPMENT Based on one annual payment;$1.00 buyout at end of lease period VEHICLE PURCH. PRICE TRASH DUMP $58,870 TRUCK (25 c.y.) REQUESTED IN FY 99-00 BUDGET TRASHCRANE $79,996 REQUESTED IN FY 99-00 BUDGET GARBAGE TRUCK (NOT REQUESTED INFY 99-00) $90,000 SCHOOL BUS $62,500 40 PAX;A/C (PARKS &RECR.) INTEREST RATE 3-YR. LEASE OPTION ARREARS ADV.PMT.PMT. 5-YR. LEASE OPTION ARRI-ARS ADV.PMT.PMT $20,980 $22,100 $13,250$13,990 X \ $28,02$.($29,5HfA8 / $17,7O«,,'T$18,0to,Z?) $31,530$33,230 $19,920$21,030 VERY SIMILAR TO TRASH TRUCK ABOVE 5.19%5.29%5.33%5.43% %\lA»W ***«<*<&*&*,*-,. ^'.UllF 11:59 AM GEORGE->ELLISON FAX NO10/07/98 U;a3 FAIL 0M43W72 SOCIAL VKUDliOTS MBCC-National Truck Office MunicipalLeaseQuote City of South Miami/Atlantic Truck Center/dp __Pavmanto In Advance CAnnual Payments wlth$l\_Buypgt ^ September 1999 3 Years Contract Date Contract Term OPTION 1 tote Float to Contract Date basedon 3 Year U.S.Treasury 3YearTreasury Plus /(Minus) 5.68% -0.69% Municipal Lease Rate on 08/31/99 j 6.19%j Interest ratefor deliveries or \m prtfundei thirty days contricte prefunded within ilrl 5.19% 4078623849 F.2 ttlUU/UiY PaVmontelnA**^. /Annual Payment*with $1) f Buyout y Septamoer 19S9 3 Years 5.88% -0.69% $.29% 6.29% .Payment Factor equipment $20,976.66 0.3*033 322,106 03 0,36921 Brecrtmfrn Truck J—N FORMATION Quantity Est.DonydrV Cap Cast 1 555,974 This proposal Is for Lease -Purchase only and is subject to:"'"* 1.Completion of mutually acceptable documentation. 2.Areview of the proposed essential use of tne equipment and a final credit approval prior to funding. 3.No material adverse change in the financial condition prior to funding. 4.Receipt of a copy of the last years'audited financial statements and the current year budget. 5.No change in Federal or applicable state or local tax law,regulations,case law,rulings,or other hterpretetions by the Internal Revenue Service that wouW affect adversely any Federal,state orlocaltaxbenefitassumedindeterminingtheaboveproposal. 6.That the interest portion of the pay ments to be made under the Lease -Purchase agreement shall ba exempt from Federal incometaxesundersection 103 ofthe Intemel RevenueCode. Dgaler Fee asapercentof Amount Financed o.ae% OCT-7-93 TRU 12:00 FM GEORGE-ELLISON 1U/U7/HS li;y3 VAX oau4i>oo»rs FAX NO.407 8623849 P.5 09/15/1999 1 09/15/2000 2 09/15/2001 3 09/15/2002 5.29% MBCC•National Truck Office Cf*fr6€~- Munlolpal Uaao Quote —^" City of South Miami/Atlantic Truck Confer/dp Amortization Schedule Payments)Interest PrincipalCashRow ($79.99600) S29.634.90 $29,534.98 $29,534.98 379.936.00 $29,534.98 4,23179 $64,692.81$29,534.58 2,893.26 $28,051.08 $29,534.96 1,483.90 Aktftoote ^2*015.ao Ending Balance 26,303.19 $54,692.81 26,641.73 $28,051.08 28,051.08 $0.00