Loading...
HomeMy WebLinkAbout2006 12 11 Consent 408 Purchase 20 Police Vehicles COMMISSION AGENDA ITEM 408 Consent December 11, 2006 Meeting Authorization REQUEST: Police Department requesting Commission approval for expenditure of funds to lease purchase 20 Police Vehicles approved in the current budget. PURPOSE: This agenda item is needed to acquire Commission approval of the above mentioned items. CONSIDERATIONS: The Police Department currently has received confirmation on the 20 replacement vehicles as approved on September 18, 2006 for this 2006/2007 fiscal budget year. The vehicles have been ordered and scheduled to arrive around the 151 of the year. These 20 vehicles are to be funded from the General Fund on a lease purchase plan through Sun Trust Leasing. The lease will consist of 4 annual payments of $93,000.00 for a total of $372,000 over the life of the lease/purchase commencing upon Commission approval. The vehicles that are scheduled to be replaced are 7 to 10 years old. Four of the vehicles are earmarked for the Driver Education Pilot Program at Winter Springs High School. The remaining vehicles will be sent to auction per City Policy. FUNDING: The source of funds will come from the General Fund at a cost of $93,000.00 per year. RECOMMENDATION: Approve the expenditure of funds. IMPLEMENTATION SCHEDULE: Immediately upon approval by Commission. COMMISSION ACTION: