File #: 15-1051    Version: 1 Name:
Type: Motion Status: Filed with the City Secretary
File created: 9/10/2015 In control: City Council
On agenda: 9/22/2015 Final action: 9/29/2015
Title: Purchase and Lease Purchase of forty-eight (48) Vehicles Motion approving the purchase of fifteen vehicles and the lease-purchase of thirty-three vehicles from Caldwell Country Chevrolet, Caldwell, Texas for a total amount of $1,451,711.48. The award is based on the cooperative purchasing agreement with the Texas Local Government Purchasing Cooperative (TLGPC). Funds for the purchase of the vehicles have been budgeted in FY 2014-2015. Financing for the lease-purchase of the vehicles will be provided through the City's lease-purchase financing contractor. Purchase - $416,532.28 Lease Purchase - $972,143.73 Interest for Lease - $63,035.47 Total Cost $1,451,711.48
Sponsors: Contracts and Procurement, Fleet Maintenance Services
Attachments: 1. Agenda Memo - Vehicles.pdf, 2. Price Sheet - Vehicles (2), 3. Justification Memo -Purchase and Lease-Purchase of Vehicles

Title

Purchase and Lease Purchase of forty-eight (48) Vehicles

 

Motion approving the purchase of fifteen vehicles and the lease-purchase of thirty-three vehicles from Caldwell Country Chevrolet, Caldwell, Texas for a total amount of $1,451,711.48. The award is based on the cooperative purchasing agreement with the Texas Local Government Purchasing Cooperative (TLGPC). Funds for the purchase of the vehicles have been budgeted in FY 2014-2015. Financing for the lease-purchase of the vehicles will be provided through the City's lease-purchase financing contractor.

 

Purchase -                   $416,532.28

Lease Purchase -       $972,143.73

Interest for Lease -        $63,035.47

Total Cost                 $1,451,711.48