The URL can be used to link to this page

Home My WebLink AboutCC Reso 2024-41 - Purchase of Ambulance Equipment RESOLUTION 2024-41 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF UKIAH APPROVING PURCHASE OF AMBULANCE EQUIPMENT AND AUTHORIZING CITY MANAGER TO NEGOTIATE AND EXECUTE LEASE PURCHASE AGREEMENT AND RELATED DOCUMENTS WHEREAS: 1. The City has determined to acquire 3 Lifepak 15 V4 cardiac monitor/defibrillators; 3 Stryker MTS Power Load Systems; 3 Stryker Power Pro 2 Gurneys; and 3 FR Conversions Pioneer II Type II Ambulances ("the Equipment") as an essential component of the City' s Ambulance Enterprise and the provision of life and safety protection in the City and in the Ukiah Valley Fire District; and 2. The City Council has determined that acquiring the Equipment under a Master Lease Agreement (" Lease") and accompanying Equipment Schedule ("Schedule") with Financial Pacific Leasing, Inc., DBA Umpqua Bank Equipment Leasing & Finance (" Umpqua") is in the best interests of the City; and 3. Under the Lease, the City will assign to Umpqua the City' s rights, but not its obligations, to acquire the Equipment and Umpqua will lease the Equipment to the City pursuant to the terms set forth in the Term Sheet, attached hereto as Exhibit A; and 4. The City will be obligated under the Lease and accompanying Schedule with Umpqua to make semi-annual lease payments which will total the purchase price of the Equipment plus interest, provided the City Council appropriates funds each year to make the lease payments; NOW, THEREFORE, BE IT RESOLVED that: 1. The purchase of the Equipment from Redsky Apparatus for the total amount of $365,432.20, including sales tax; from Stryker Sales for the total amount of $92,845.92, including sales tax;from Stryker Sales for the total amount of$99,356.16, including sales tax; and from Stryker Sales for the total amount of $157,590.32 is hereby approved. 2. The City Manager is hereby authorized and directed to negotiate and execute on behalf of the City a Lease, Schedule and related documents that finance the purchase of the Equipment in accordance with the Term Sheet, attached hereto as Exhibit A, subject to legal review by the City Attorney. PASSED AND ADOPTED on October 2, 2024, by the following Roll Call Vote: AYES: Councilmember Rodin, Orozco, Sher, Crane, and Mayor Duenas. NOES: None. ABSTAIN: None. ABSENT: None. )Josefina Duenas, Mayor ATTEST: Kristine Lawler, City Clerk Exhibit A Loan Amortization Single Loan QuoteNPQ-O0566 .... .............................................. ........... Default Prepared Sep-27-202411:03 by ,,,, Bruce Atkinson Average life ..................................... .......................... 2.652years Average rate ... ........................................... .... 5,31670000% Starting Debt Ending Date Balance Takedowns Service interest Principal Balance Nov-0124 0.00 715,224.70 0.00 0.00 0.00 715,224.70 Dec-01-24 7M224.70 0.00 13,601.19 3,168.86 10,432.33 704,792.37 715,224.70 13,601.19 3,168.86 10,432,33 Jan-01-25 704,792.37 0.00 13,601.19 3,122-64 10,478.55 694,313.82 Feb-01-25 694,313 82 0.00 13,601.19 3,076-22 10,524,98 683,788,84 Mar-01-25 683,788.84 0.00 13,601.19 3,029.58 10,571,61 673,217.23 Apr-01-25 673,217,23 0.00 13,601.19 2,982.75 10,618.45 662,598.78 May-01-25 662,598.78 0.00 13,601.19 2,93570 10,665.49 651,933.29 Jun-01-25 651,933.29 0.00 13,601.19 2,88844 10,712.75 641,220.54 Jul-01-25 641,220,54 0.00 13,601.19 2,94098 10,760.21 630,460.33 Aug-01-25 630,460.33 0.00 13,601.19 2,793.31 10,807.89 619,652.44 3,ep-01-25 619,652.44 0.00 13,601-19 2,74542 10,855-77 608,796.67 Oct-01-25 608,796.67 0.00 13,601.19 2,697.32 10,903.87 597,892.80 Nov-01-25 597,892,80 0.00 13,601.19 2,649,01 10,952.18 586,940.62 Dec-01-25 586,940.62 0.00 13,601.19 2,600.49 11,000.70 575,939.92 0.00 163,214.32 34,361.87 128,852.45 Jan-01-26 575,939.92 0.00 13,601.19 2,551.75 11,049.44 564,890.47 Feb-01-26 564,890.47 0.00 13,601.19 2,502-79 11,098.40 553,792.07 Mar-01-26 553,792.07 0.00 13,60119 2,453.62 11,147.57 542,644.50 Apr-01-26 542,644.50 0.00 13,601.19 2,404.23 11,196.96 531,447.54 May-01-26 531,447.54 0.00 13,601.19 2,354.62 11,246.57 520,200.97 Jun-01-26 520,200.97 0.00 13,601-19 2,304.79 11,296.40 508,904.57 Jul-01-26 508,904.57 0.00 13,601.19 2,254.74 11,346.45 497,558.12 Aug-01-26 497,558.12 0.00 13,601.19 2,204.47 11,396.72 486,161.40 Sep-01-26 486,161.40 0.00 13,601.19 2,153.98 11,447.21 474,714.19 Oct-01-26 474,714.19 0.00 13,601.19 2,103.26 11,497.93 463,216,26 Nov-01-26 463,216.26 0.00 13,601.19 2,052.32 11,548.87 451,667.38 Decc01.26 451,667.38 0.00 13,601,19 2,001.15 11,600.04 440,067,34 0.00 163.214.32 27,341.74 135,972.58 Jan-01.27 440,067.34 0.00 13,601,19 1,949.76 11,651.44 428,415,90 Feb-0127 428,415.90 0.00 13,601.19 1,898.13 11.703.06 416,712.94 Mar-01-27 416,712.84 0.00 13,601.19 1,846.28 11,754.91 404,957.93 Apr-01-27 404,957.93 0.00 13,601,19 1,794.20 11,806.99 393,150.93 May-0127 393,150.93 0.00 13,601,19 1,741.89 11,859.31 381,291.63 Jun-01-27 381,291.63 0.00 13,601.19 1,689.34 11,911.85 369,379.78 Ju--01-27 169,379.78 0.00 13,601.19 1,636.57 11,964.63 357,415.15 Aug•01-27 357,415.15 0.00 13,601.19 1,583.56 12,017,64 345,397.52 Sep-01 27 345,397 52 0.00 13,601.19 1,53031 12,070.88 333,326.64 Oct-0127 333,326.64 0.00 13,601.19 1,476.83 12,124.36 321.202.27 Nov-01-27 321,202.27 0.00 13,601.19 1,423.11 12,178.08 309,024.20 Dec-01-27 309,024 20 0.00 13,601.19 1,369,16 12,232.04 296,792.16 0.00 163,214.32 19,939.14 143,275.18 Jan-01-28 296,792.16 0.00 13,601.19 1,314,96 12,286.23 284,505.93 Feb-01-28 294,505,93 0.00 13,60119 1,260.53 12,340.67 272,165.26 Mar-01-28 272,165.26 0.00 13.601.19 1,205.85 12,395.34 259,769.92 Apr-01-28 259,769.92 0.00 13,601.19 1,150.93 12,450.26 247,319-65 May-01-28 247,319,66 0.00 13,601.19 1,095.77 12,505.42 234,814,24 Jun-01-28 234,814.24 0.00 13,601,19 1,040.36 12,560,83 222,253,41 Jul-01-28 222,253,41 0.00 13,601.19 984.71 12,616.48 209,636.93 Aug-01-28 209,636.93 0.00 13,601.19 928.81 12.672.38 196,964.55 Sep-01-28 196,964.55 0.00 13,601.19 972.67 12,728.53 184.236-02 Ott-01-28 184,236.02 0.00 13,601.19 816.27 12,784.92 171,451.10 Nov-01-28 171,451.10 0.00 13,601,19 759.63 12,841,56 158,609.54 Dec-01-28 158,609.54 0,00 13,601.19 70273 12,898.46 145,711.08 0.00 163,214.32 12,133.24 151,081.08 Jan-01-29 145,711.08 0.00 13,601.19 645.59 12,955.61 132,755.47 Feb-01-29 132,755.47 0.00 13,601.19 588.19 13,013.01 119,742.46 SuperTRUMP 22 2 financial model Page 1 Ivory Consulting Corporation Loan Amortization Single Loan Quote 8PQ-00566 .. ......................................................... Default Prepared Sep-27-2024 11:03 by ............................................ Bruce Atkinson Average life ............. ................................................. 2.652 years Average rate .... .... .... ........................................... .. 5.31670000% Start-ng Debt Ending Date Balance Takedowns Service Interest Principal Balance Mar-01-29 119,742.46 0.00 13,601.19 530.53 13,070 66 106,671.79 Apr-01.29 106,67179 0.00 13,601.19 472.62 13,128.57 93,543.22 May-01.29 93,543.22 0.00 13,601.19 414,45 13,186.74 80,356.48 Jun 01-29 80,356.48 0.00 13,601.19 356,03 13,245.17 67,111,31 Jul-01-29 67,111.31 0.00 13,601.19 297.34 13,303.85 53,807.46 Aug-01-29 53,807.46 0.00 13,601.19 239.40 13,362.79 40,444.66 Sep-01.29 40,444.66 0.00 13,601-19 179-19 13,422-00 27,022-66 Oct-01-29 27,022.66 0.00 13,601,19 119,73 13,481,47 13,541,20 Nov-01.29 13,541.20 0.00 13,601.19 60.00 13,541.20 0.00 0.00 149,613.13 3,902-05 145,711.08 Total 715,224.70 816,071.59 100,846.89 715,224.70 SuperTRUMP 22.2 financial model Pie Ivory Consulting Corporation