HomeMy WebLinkAboutR-1994-077RESOLUTTON NO. 77_94
A RESOLUTION OF THE CITY OF DANIA, FLORIDA,
AUTHORIZING THE PURCHASE OF ONE (1) 1995 NATIONAL
RESCUE VEHICLE WITH FIREFIGHTER CHASIS FOR THE SUM
OF $79,116.00 UNDER THE BID OF PEMBROKE PINES,
FLORIDA, WITHOUT COMPETITIVE BIDDING AND WITHOUT
ADVERTISING FOR BIDS; PROVIDING METHOD OF FINANCING;
AND PROVIDING FOR AN EFFECTIVE DATE.
BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF DANIA, FLORIDA;
Section 1 . That the purchase of one ("1) 1995 National Rescue Vehicle with
firefighter chasis from National Ambulance Builders, lnc., 230 North Ortman Drive,
Orlando, Florida, under the bid of Pembroke Pines, Florlda, and identified as Pembroke
Pines Purchase Order No. 040237, for the sum of $79,116.00 as set forth in National's
letter to Asst. Chief Jim Mulford dated April 4, 1994, a copy of which is attached hereto as
Exhibit "A", without competitive bids and without advertising for bids as provided for in
Section 4, Subsection (J), Article 3 of Part lll of the City Charter, be and the same is
hereby approved.
Section 2. That payment shall be financed by and through PNC Leasing Corp. in
accordance and agreement with the terms and conditions as set by PNC Leasing Corp's
proposal dated April 1 1 , 1 994, a copy of which is attached hereto as Exhibit "8".
Section 3. That this resolution shall be in force and take effect immediately upon
its passage and adoption.
PASSED and ADOPTED on this 1o day of Hav , 1994
ATTEST:
<rla-*/l,,rA'Z---
City Clerk - Auditor
APPROVED AS TO FORM & CORRECTNESS
*z^,& c drur-
Mayor -omm tssroner
By:
Frank C. Adler, City Attorney
Resolution No. 77 -94
IloEionol Qmbulqnce Builderl, lnc.
April 4, 1994
Asst. Chief Jim MulfordDania Fire Department
116 West Dania Beach BIvd.
DaDia, FL 33004
Dear A6st. Chief Mulford,
Per the guidelines set forth in the bid spCity of Pembroke Pines Fire Department othpurchase rescue vehicles from this bid. NBuilders will honor this provision with thiucrease added to base. Other optionEi may
230 Noah Odmon Drive, Odondo, Florido 32805
Phone: (407) 299 -0064 . Fox: (407) 291-2224
ecifications for the ,er agencies mayational Arnbulancee 1995 chassis pricebe added.
repay thee the unitA $700 credit can be applied should the City elect tchassis. This j-s a savings in floor platr interest wis in production.
oPhi1
The Pembroke Pines Purchase Order number to be applied is 04023?.
One (1) 1995 National Rescue Vehicle with Freightliner chassis.
Base price: S79 r 116.00Terms: CODF.O.B.: Orlando, FLDelivery: 90 days after receiving chassis
Sincerely,
NATIONAI, AUBULANCE BUILDERS, INC.
Wayae St 11Sales Agent
ws940028
EXHIBIT ,,A"
^r- .Sfo""tl-(
PNC l,easing Cor, ..cntucky
201 South Orangc Avcnue
Orlando, FL 32801
LESSEE
EOtJ
407 841 3635 'l'cl
407 843 8263 Fax
PNC l*asing Corp
City of Dania
April 11, 1994
Ms. Marie Jabalee
Finance Director
City of Dania
P.O. Box 1708
Dania, FL 33004
Dear Ms. Jabalee:
LESSOR
IPMENT DESCRIPTION One (1) Rescue Vehicle
EOUIPMENT COST
DELIVERY
LEASE TERMS
SECURITY
FEES
$79,500
October/November 1994
You will be required to make ten (10) semi-annual
payments, each in arrears, each equal to $9,107.06. This
is based on a fixed rate at time of closing of prime minus
1 15 basis points. PNC Bank's prime rate is currently
6.25%; thus, the effective rate is 5.10%.
There are no fees or closing costs with this lease
Title to the equipment will remain in the name of the
City. The lease will be collateralized by the fire truck.
There is no prepayment penalty for early termination.
We can provide an amortization schedule which would
outline the payoff every montll/year.
EXHIBIT "B"
PNC]B.A.NK
We are pleased to present the following financing proposal for your rescue vehicle. As I
mentioned to you, PNC I-easing is a subsidiary of PNC Bank, a $62 billion bank holding
company. All leases are funded through our Bank and held by us throughout the term of the
lease.
PRE-PAYMENT
Ms. Marie Jabalee
April ll, 1994
TAX STATUS The pricing in this proposal is based on the City of Dania
not issuing more than 10 million dollars in tax exempt
obligations (per IRS Section 265(b)(3)).
FINANCIAI, INFORMATION To proceed with credit approval. I would need your last
three (3) year+nd audited financial statements.
EXPIRATION DATE May 15, 1994
As I mentioned, this is a proposal not a commitrnent which is zubject to approval by pNC
l.easing Corp.'s Senior Finance Committee upon confirmation of your acceptance. If you
have any questions or require additional information, please do not hesitate to contact me.
Sincerely,
Ann larabee
Assistant Vice President
Acknowledgement
We hereby accept the above lease proposal, subject to receipt of satisfactory documentation.
CITY OF DANIA
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