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HomeMy WebLinkAboutSummary FormAGENDA ITEM SUMMARY FORM FILE ID: b7 I I ! Date: 10/11/2007 Requesting Department: Purchasing Commission Meeting Date: 11/g2007 District Impacted: Type: ® Resolution ❑ Ordinance ❑ Emergency Ordinance ❑ Discussion Item ❑ Other Subject: Leasing of 2008 Toyota Highlander Hybrid Limited Vehicles Purpose of Item: The nature of this item is to to establish a short term contract for the leasing of Toyota Highlander Hybrid Limited Vehicles from ACME Auto Leasing, LLC, effective through September 2008, allocating funds from the various sources of funds of the user department, subject to availability of funds of the user departmen and budgetary approval at the time of need. Background Information: The Purchasing Department has identified a need to establish a short term contract for the leasing of 2008 Toyota Highlander Hybrid Limited Vehicles. On Wednesday, July 25, 2007, the Purchasing Department issued Invitation for Bids No. 34026. As required by the Procurement Code, the IFB was advertsied and issued on-line. Bids were due and ACME Auto Leasing, LLC was the sole responsive, responsible bidder. City Departments may lease the 2008 Toyota Highlander Hybrid Limited Vehicles for three (3) years, 12,000 miles per year/36,000 miles annually or 15,000 miles per year/45,000 miles per year. Budget Impact Analysis Is this item related to revenue? Is this item an expenditure? If so, please identify funding source below. General Account No: Special Revenue Account No: CIP Project No: Is this item funded by Homeland Defense/Neighborhood Improvement Bonds? Start Up Capital Cost: Maintenance Cost: Total Fiscal Impact: CIP If using or receiving capital funds Grants Purchas Chief Final Approvals SSIGN AND DATE) Budget Risk Management Dept. Director, City Manager