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R2020-14 Fire Rescue Department Vehicle Lease AgreementRESOLUTION 2020-14 A RESOLUTION OF THE VILLAGE COUNCIL OF THE VILLAGE OF NORTH 1 PALM BEACH, FLORIDA ACCEPTING A PROPOSAL FROM REV FINANCIAL SERVICES, LLC FOR THE LEASE OF A FREIGHTLINER AEV TYPE I MODULE RESCUE VEHICLE (AMBULANCE) ACQUIRED FROM ETR, LLC PURSUANT TO PRICING ESTABLISHED IN AN EXISTING FLORIDA SHERIFF'S ASSOCIATION CONTRACT; AUTHORIZING THE VILLAGE MANAGER TO EXECUTE THE LEASE AGREEMENT AND RELATED DOCUMENTS; DECLARING ONE RESCUE VEHICLE (AMBULANCE) AS SURPLUS PROPERTY; AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, Village Staff recommended accepting a proposal from the lease of one 2020 Freightliner custom AEV Type I module rescue vehicle (ambulance) equipped to Village specifications from ETR, LLC pursuant to pricing established in an existing Florida Sheriffs Association Contract (No. FSA-VEF 13.0 — Fire Rescue Vehicles and Apparatus and Ambulances); and WHEREAS, the proposal is for a lease term of seven (7) years, and at the conclusion of the lease, the Village may either remit a balloon payment in the amount of $15,000 or turn the vehicle in for a new replacement vehicle; and WHEREAS, the rescue vehicle will be used solely for essential governmental functions and the Village has undertaken the necessary steps, including compliance with applicable purchasing requirements, to arrange for the acquisition of the vehicle; and WHEREAS, the Village Council determines that the adoption of this Resolution, including the waiver of any purchasing policies and procedures applicable to the age of the FSA Contract, 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 accepts the proposal submitted by REV Financial Services, LLC for the lease of one 2020 Freightliner custom AEV Type I module rescue vehicle (ambulance) equipped to Village specifications from ETR, LLC pursuant to pricing established in an existing Florida Sheriffs Association Contract (No. FSA-VEF 13.0 — Fire Rescue Vehicles and Apparatus and Ambulances). The total annual cost of the lease shall be $48,546.12 for a term of seven years, with a balloon payment of $15,000.00 at the conclusion of the lease. All funds shall be expended from Account No. A8535-49158 (Debt Service — Vehicle Lease). Section 3. The Village Council authorizes the Village Manager to execute the required Lease Agreement and any related documents necessary to effectuate the transaction, subject to review by the Village Attorney as to form and legal sufficiency. Page 1 of 2 Section 4. Upon delivery, acceptance and placement into service of the new Fire Engine, the Village Council declares the following equipment as surplus property and authorizes its disposal in accordance with Village policies and procedures: Unit Description VIN Engine Hours Rescue 267 Shop #315 2009 Med-Tec Ambulance 1 HTMNAAL 1 AH204717 9710.0 Section 5. This Resolution shall be effective immediately upon adoption. PASSED AND ADOPTED THIS 13TH DAY OF FEBRUARY, 2020. (Village Seal) ATTEST: VILLAGE CLERK Page 2 of 2 MAYOR