Approval to order a total of seven Chevrolet vehicles; five Tahoes, one Traverse, and one Colorado pickup from Caldwell Chevrolet, a BuyBoard vendor, for the Police Department fleet, in an amount not to exceed $550,000, and approval of a lease purchase agreement with Leasing 2 for the vehicles, and authorizing the City Manager to execute the documents
Official Roll-Call Vote
Staff Report & Agenda Item Details
<strong id="isPasted"><em>Reading and Public Hearing</em></strong><br><br>This item seeks approval to order a total of seven Chevrolet vehicles (five Tahoes, one Traverse, one Colorado Pickup) from Caldwell Chevrolet, a BuyBoard vendor, for the Police Department fleet and enter into a three-year lease purchase agreement with Leasing 2. <br><br>The $550,000 provides funding for the vehicle purchases from Caldwell, as well as the associated costs for vehicle graphics and equipment from a to-be determined vendor. The Leasing 2 proposal provides for a Year 1 payment of $175,000, Year 2 and Year 3 payment of $206,245.79, at an interest rate of 5.21%, with no down payment.<br><br>The City has successfully utilized Leasing 2 for the purchase of both a fire truck and ambulance.
Bastiat Liberty & Property Rights Analysis
This docket item is classified as NEUTRAL (0.0 Score Impact). Routine administrative reports, monthly accounts payable/disbursement registers, minutes approvals, and procedural motions are logged for public transparency but carry zero weight in calculating an official's Roll-Call Freedom Score.