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A. RESOLUTION NO. 2015-270 OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA AUTHORIZING THE CITY TO ENTER INTO A 10-YEAR LEASE PURCHASE AGREEMENT WITH PNC EQUIPMENT FINANCE, LLC. FOR THE ACQUISITION OF TWO (2) PIERCE ARROW XT TRIPLE COMBINATION PUMPER/FIRE ENGINES, AND AUTHORIZING THE CITY MANAGER TO EXECUTE THE FINAL PURCHASE AND LEASE AGREEMENT
B. RESOLUTION NO. 2015-271 OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA AUTHORIZING THE CITY TO ENTER INTO A 10-YEAR LEASE PURCHASE AGREEMENT WITH LEASING 2, INC. FOR THE ACQUISITION OF ONE (1) HME AHRENS - FOX MODEL 34D/500 TYPE III FIRE APPARATUS/BRUSH ENGINE, AND AUTHORIZING THE CITY MANAGER TO EXECUTE THE FINAL PURCHASE AND LEASE AGREEMENT
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RECOMMENDED ACTION
Recommended Action
Council adopt the resolutions.
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SUMMARY
The Chula Vista Fire Department delivers Fire, Rescue and Emergency Medical Services to Chula Vista residents, visitors, and employees every day. Emergency response services are provided with several different types of fire apparatus including triple combination pumper/fire engines, aerial ladder trucks, a heavy rescue, a brush engine and battalion chief vehicles. The Fire Department needs to replace several fire apparatus due to excessive years of service, escalating maintenance costs and safety issues. With the suspension of funding in the City's vehicle replacement fund, the historical funding source utilized for fire apparatus replacement is no longer available. The Fire Department has identified two separate Lease/Purchase programs that provide a means to purchase two (2) Triple Combination Pumper/Fire Engines from Pierce Manufacturing and one (1) HME Ahrens - FOX 34D Type III Brush Engine from HME Incorporated. The lease/purchase programs will minimize the immediate fiscal impact.
The Fire Department is requesting authorization to enter into a 10-year lease purchase agreement with PNC Equipment Finance, LLC for the acquisition of two (2) Pierc...
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