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HomeMy WebLinkAboutSummary FormDate: 4 / 23 / 2012 AGENDA ITEM SUMMARY FORM FILE ID: /a " 0014 i Requesting Department: Purchasing Commission Meeting Date: 5 / 24 / 2012 District Impacted: All Type: ® Resolution ❑ Ordinance ❑ Emergency Ordinance I I Discussion Item E Other Subject: Lease Purchasing Services Purpose of Item: Law Department Matter ID No. The nature of this item is to establish a resolution authorizing the piggyback of the City of Clearwater Contract No. RFP 32-08 for Lease Purchasing Services, from Mears Motor Leasing, on an as -needed contractual basis, effective through September 30, 2013, for the purpose of creating a Citywide Automated Single Stream Recycling Program for the Department of Solid Waste, in a line of credit amount not to exceed $3.6 million, subject to any extensions and/or replacement contracts thereto made by the City of Clearwater. Background Information: This resolution will authorize the piggyback and use of the City of Clearwater Contract No. RFP 32- 08 for Lease Purchasing Services, on an as needed contractual basis, for the purpose of creating a Citywide Automated Single Stream Recycling Program for the Department of Solid Waste, subject to any extensions and/or replacement contracts by the City of Clearwater. This item was presented to and approved by the City of Miami Finance Committee at their duly noticed meeting on Monday, March 19,.2012. The Department of Solid Waste services 69,300 household units. Initially, in order to implement a successful citywide program, it is anticipated that 70,500 containers will be purchased. Budget Impact Analysis NO Is this item related to revenue? YES Is this item an expenditure? If so, please identify funding source below. General Account No: 014001. 2I3 ADD (9 , %OO () (,ri Z'a' 3> Special Revenue Account No: CIP Project No: NO Is this item funded by Homeland Defense/Neighborhood Improvement Bonds? Start Up Capital Cost: Loan Amount NTE $3,600,000 Maintenance Cost: N/A Total Fiscal Impact: Loan amount plus 60 months' interest Final Approvals (SIGN AND DATE) / CIP Nif A Budget Gr' u mg or receivcapi ta) ita) funds WA— Risk Management "l i Purchasin Dept. Director Chief City Manager �►,'1�� Page 1 of 1