HomeMy WebLinkAboutAgenda Item Summary FormAGENDA ITEM SUMMARY FORM
File ID: #1730
Date: 01/31/2017
Commission Meeting Date: 02/23/2017
Type: Resolution
Subject: Auth. Agrmnt. - Forklift Lease
Purpose of Item:
Requesting Department: Department of
Procurement
Sponsored By:
District Impacted: All
The purpose of this item is to authorize a resolution of the Miami City Commission,
authorizing the City Manager to exercise the first one (1) year option to renew the lease
agreement between the City of Miami and Taylor Leasing Corporation d/b/a Taylor
Leasing & Rental ("Taylor") for the procurement/lease of a marine forklift truck for a
period of twelve (12) months at $5,819.00 per month, for a total amount not to exceed
$69,828.00 annually, for the Department of Real Estate Asset Management ("DREAM"),
further authorizing the City Manager to execute other documents, including any
amendments, the remaining three (3) options to renew, and modifications to the lease
agreement as may be necessary for said purpose, in a form acceptable to the City
Attorney, allocating funds from the various sources of funds of the user department,
subject to availability of funds and budgetary approval at the time of need.
Background of Item:
The City of Miami entered into contract with Taylor for the lease of a marina forklift for
DREAM. Dream is satisfied with the performance of this forklift and wishes to exercise
the first option to renew the lease agreement. Reliable marine forklifts are vital to the
ongoing marina operations, and the current lease agreement has allowed for
uninterrupted service for marina customers, as well as, the facility's service and repair
commercial tenants.
Budget Impact Analysis
Item is an Expenditure
Item is NOT Related to Revenue
Item is NOT funded by Bonds
Total Fiscal Impact:
$69,828.00 annually
General Account No: the various sources of funds of the user department
Reviewed B
Department of Procurement Lydia Osborne Department Head Review Completed 01/31/2017 10:31 AM
Office of Management and Budget Jacques Joseph Budget Analyst Review Completed 02/02/2017 9:33 AM
Office of Management and Budget
City Manager's Office
Legislative Division
City Manager's Office
Office of the City Attorney
Office of the City Attorney
City Commission
Office of the Mayor
Office of the City Clerk
Christopher M Rose
Fernando Casamayor
Valentin J Alvarez
Daniel J. Alfonso
Barnaby L. Min
Victoria Mendez
Nicole Ewan
Mayor's Office
City Clerk's Office
Budget Review
Assistant City Manager Review
Legislative Division Review
City Manager Review
Deputy City Attorney Review
Approved Form and Correctness
Meeting
Signed by the Mayor
Signed and Attested by the City
Clerk Completed
Completed 02/13/2017 9:27 AM
Completed 02/13/2017 10:25 AM
Completed 02/13/2017 11:53 AM
Completed 02/13/2017 12:12 PM
Completed 02/13/2017 4:13 PM
Completed 02/13/2017 6:42 PM
Completed 02/23/2017 9:00 AM
Completed 03/01/2017 3:06 PM
03/01/2017 3:27 PM
City of Miami
Legislation
Resolution
Enactment Number: R-17-0086
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
File Number: 1730 Final Action Date:2/23/2017
A RESOLUTION OF THE MIAMI CITY COMMISSION AUTHORIZING THE CITY
MANAGER TO EXERCISE THE FIRST ONE (1) YEAR OPTION TO RENEW THE
LEASE AGREEMENT BETWEEN THE CITY OF MIAMI AND TAYLOR LEASING
CORPORATION D/B/A TAYLOR LEASING & RENTAL ("TAYLOR") FOR THE
PROCUREMENT/LEASE OF A MARINE FORKLIFT TRUCK FOR A PERIOD OF
TWELVE (12) MONTHS AT $5,819.00 PER MONTH FOR A TOTAL AMOUNT NOT TO
EXCEED $69,828.00 ANNUALLY, FOR THE DEPARTMENT OF REAL ESTATE
ASSET MANAGEMENT; FURTHER AUTHORIZING THE CITY MANAGER TO
EXECUTE ALL OTHER DOCUMENTS, INCLUDING THE REMAINING THREE (3)
OPTIONS TO RENEW, AND ANY AMENDMENTS AND MODIFICATIONS TO THE
LEASE AGREEMENT, IN A FORM ACCEPTABLE TO THE CITY ATTORNEY;
ALLOCATING FUNDS FROM THE VARIOUS SOURCES, SUBJECT TO THE
AVAILABILITY OF FUNDS AND BUDGETARY APPROVAL AT THE TIME OF NEED.
WHEREAS, marine forklift trucks are vital to ongoing marina operations, to provide daily
in/out service to marina customers and to service and repair commercial tenants; and
WHEREAS, the City of Miami ("City"), pursuant to Resolution No. 15-0411, adopted on
September 24, 2015, entered into a twelve (12) month Lease Agreement ("Lease") with Taylor
Leasing Corporation d/b/a Taylor Leasing & Rental ("Taylor"), at a monthly cost of $5,819.00,
with four (4) twelve (12) month options to renew; and
WHEREAS, the Lease includes an option to purchase the forklift after the full term of the
lease, including all four (4) renewals, for the price of one dollar ($1.00); and
WHEREAS, the City intends to exercise the purchase option upon the exhaustion of all
lease renewal options; and
WHEREAS, upon completion of the initial twelve (12) month term of the Lease, the City
will have invested a total $69,828.00;
NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF
MIAMI, FLORIDA:
Section 1. The recitals and findings contained in the Preamble to this Resolution are
adopted by reference and incorporated as if fully set forth in this Section.
Section 2. The City Manager is authorized' to exercise the first one (1) year option to
renew the Lease between the City and Taylor for the procurement/lease of a marine forklift truck
for a period of twelve (12) months at a cost of $5,819.00 per month for a total amount not to
exceed of $69,828.00, for the Department of Real Estate Asset Management, subject to the
availability of funds and budgetary approval at the time of need.
Section 3. The City Manager is further authorized' to execute all other documents,
including the remaining three (3) options to renew and any amendments and modifications to
the Lease, in a form acceptable to the City Attorney, as may be necessary for said purpose.
Section 4. This Resolution shall become effective immediately upon its adoption and
signature of the Mayor.2
APPROVED AS TO FORM AND CORRECTNESS:
ndez, ity ttor ey 211372017
1 The herein authorization is further subject to compliance with all requirements that may be imposed by
the City Attorney including but not limited to those prescribed by applicable City Charter and City Code
provisions.
2 If the Mayor does not sign this Resolution, it shall become effective at the end of ten (10) calendar days
from the date it was passed and adopted. If the Mayor vetoes this Resolution, it shall become effective
immediately upon override of the veto by the City Commission.