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HomeMy WebLinkAboutResolution 2007-185 N.C.S. 11/05/2007 Resolution No. 2007-185 N.C.S. of the City of Petaluma, California RESOLUTION AUTHORIZING THE ACQUISITION OF A NEW PAVEMENT PROFILER, AN ASPHALT PAVER, AND AN ASPHALT ROLLER FROM NIXON-EGLI EQUIPMENT CO., TRACY, CALIFORNIA, IN THE AMOUNT OF $300,860.41 AND AN EQUIPMENT LEASE AGREEMENT WITH FMLC FIRST MUNICIPAL LEASING CORPORATION, GOLDEN, COLORADO IN THE AMOUNT OF $322,365.48. WHEREAS, as part of the 2007-2008 Vehicle Replacement Program, the Public Works Department identified a need for a new pavement profiler, an asphalt paver, and an asphalt roller, and, WHEREAS, the funding for the new pavement profiler, asphalt paver, and asphalt roller is available from the Vehicle and Equipment Replacement Fund, and, WHEREAS, staff developed specifications and solicited bids from responsible vendors in conformance with the City Charter and Petaluma Municipal Code, and, WHEREAS, after reviewing the bids, staff determined that Nixon-Egli Equipment Co. Tracy, CA was the lowest responsible bidder for the equipment purchase; and, WHEREAS, staff recommends that the Council authorize the acquisition of a new pavement profiler, an asphalt paver, and an asphalt roller from Nixon-Egli Equipment Co., Tracy, California, in the amount of $300,860.41 and that the City enter into an equipment lease agreement with FMLC First Municipal Leasing Corporation, Golden, Colorado in the amount of $322,365.48 to finance the purchase of the equipment. NOW, THEREFORE, BE IT RESOLVED that the City Council hereby authorizes the acquisition of a new pavement profiler, an asphalt paver, and an asphalt roller from Nixon-Egli Equipment Co., Tracy, California, in the amount of $300,860.41 and further authorizes the City Manager to execute an equipment lease agreement with FMLC First Municipal Leasing Corporation, Golden, Colorado in the amount of $322,365.48 to finance the purchase of the equipment. Under the power and authority conferred upon this Council by the Charter of said City. REFERENCE: I hereby certify the foregoing Resolution was introduced and adopted by the Appro 0 Council of the City of Petaluma at a Regular meeting on the 5`h day of November, f rm 2007, by the following vote: City Attorney AYES: Barrett, Freitas, Vice Mayor Nau, O'Brien, Rabbitt, Mayor Torliatt NOES: None ABSENT: Harris ~ ~ J ~ ABSTAIN: None , ~;LC~ _~~G~e ATTEST: City Clerk Mayor Resolution No. 2007-185 N.C.S. Page 1