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R2020-16 Village Vehicles Lease AgreementRESOLUTION 2020-16 A RESOLUTION OF THE VILLAGE COUNCIL OF THE VILLAGE OF NORTH PALM BEACH, FLORIDA APPROVING THE LEASE OF THREE NEW POLICE DEPARTMENT VEHICLES ACQUIRED FROM BARTOW FORD CO. PURSUANT TO PRICING ESTABLISHED IN AN EXISTING CHARLOTTE COUNTY CONTRACT AND EQUIPPED BY DANA SAFETY SUPPLY PURSUANT TO AN EXISTING CITY OF TAMPA CONTRACT, ONE NEW PUBLIC WORKS VEHICLE ACQUIRED FROM BARTOW FORD CO. PURSUANT TO PRICING ESTABLISHED IN EXISTING CHARLOTTE COUNTY CONTRACT, AND ONE NEW BUCKET TRUCK FOR THE PUBLIC WORKS DEPARTMENT ACQUIRED FROM ALTEC INDUSTRIES, INC. PURSUANT TO PRICING ESTABLISHED IN AN EXISTING SOURCEWELL CONTRACT; APPROVING A FIVE-YEAR LEASE AGREEMENT WITH PINNACLE PUBLIC FINANCE INC.; DECLARING FIVE EXISTING VEHICLES AS SURPLUS PROPERTY; AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, Village Staff recommended the lease of five new vehicles (three vehicles for the Police Department and one vehicle and one bucket truck for the Public Works Department) through Pinnacle Public Finance, Inc.; and WHEREAS, the Police Department vehicles will be acquired from Bartow Ford Co. utilizing pricing established in an existing Charlotte County Contract (Contract No. 18-509 Vehicles — Annual Contract) and will be equipped by Dana Safety Supply pursuant to pricing established in an existing City of Tampa Contract (Bid No. 21092617 — Light Bars and Accessories with Installation, Specification No. 2-18); and WHEREAS, the Public Works Department vehicle will be acquired from Bartow Ford Co. utilizing pricing established in an existing Charlotte County Contract (Contract No. 18-509 Vehicles — Annual Contract); and WHEREAS, the Public Works Department bucket truck will be acquired from Altec Industries, Inc. utilizing pricing established in an existing Sourcewell Contract (Contract No. 012418 -ALT Utility, Tree Care, Lights & Signs Equipment); and WHEREAS, the Village Council determines that the adoption of this Resolution, including the waiver of the purchasing policies and procedures relating to the age of the existing contracts, is in the best interests of the residents and citizens of the Village of North Palm Beach. NOW, THEREFORE, BE IT RESOLVED BY THE VILLAGE COUNCIL OF THE VILLAGE OF NORTH PALM BEACH, FLORIDA as follows: Section 1. The foregoing recitals are ratified as true and incorporated herein. Section 2. The Village Council hereby approves the acquisition of the following vehicles and the leasing of such vehicle for a five-year term through Pinnacle Public Finance, Inc.: Police Department Vehicles (from Bartow Ford Co.) 2020 Unmarked Ford Fusion 2020 Ford Interceptor Utility — Eco 2020 Ford Interceptor Utility — V6 Public Works Vehicle (from Bartow Ford Co.) 2020 Ford F-350 Public Work Bucket Truck (from Altec Industries, Inc.) Altec Bucket Truck equipped to Village specifications Section 2. The total annual cost of the lease shall be $60,504.58 (at a total cost of $302,522.89 over the term of the lease), with funds expended from Account No. A8535-49158 (Debt Service — Vehicle Lease). The Village Council further authorizes the Village Manager to execute the Master Lease Agreement and First Amendment with Pinnacle Public Finance, Inc., subject to review and approval by the Village Attorney, and any other documents required to complete the transaction. Section 3. Upon delivery, acceptance and placement into service of the new vehicles, the Village Council declares the following vehicles as surplus property and authorizes their disposal in accordance with Village policies and procedures: Unit No. Description VIN Mileage 223 Marked Ford Taurus 1FAHP2MT2DG204834 89,530 224 Unmarked Ford Taurus 1FAHP2MT2DG204835 112,545 372 Marked Ford Taurus 1FM5K8AR9EGB59332 945312 22 Ford Bucket Truck 1FDWF36L31EA58406 8600 82 Dodge Ram 3500 3D7ML46D77G766054 4906 Section 4. This Resolution shall be effective immediately upon adoption. PASSED AND ADOPTED THIS 13' DAY OF FEBRUARY, 2020. (Village Seal) 'MAYOR' ATTEST: f VILLAGE CLERK