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HomeMy WebLinkAboutRES 18-270RESOLUTION NO. 18-270 BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF BEAUMONT: THAT the City Manager be and he is hereby authorized to lease thirteen (13) vehicles for use by various departments pursuant to the existing Master Equity Lease Agreement as amended between the City of Beaumont and Enterprise FM Trust. The Equity Lease Menu Pricing is attached hereto as Exhibit "A" and made a part hereof for all purposes. The meeting at which this resolution was approved was in all things conducted in strict compliance with the Texas Open Meetings Act, Texas Government Code, Chapter 551. PASSED BY THE CITY COUNCIL of the City of Beaumont this the 23rd day of October, 2018. k;. cky Ames - • - City of Beaumont fleet management Menu Pricing Equity Lease Menu Pricing Lease rates are based upon 2018/ 2019 factory order pricing and miles per year; some vehicles may no longer be available in quoted Model Year. Full Maintenance includes brakes every 26,000 miles and no tires Annual Cost Excluding Maintenance $74,471.64 Pricing does not Include any applicable taxes I Estimated Equity Return Total $49,745.00 Pricing does not include expected return on equity at end of lease (shown in estimated return column) $5,919.40 $7,278.00 $7,278.00 $8,053.20 $7,767.40 $6,881.40 0.- 3883149 1/2 Ton Pickup Reg 4x2 2019 Ford F-150 Regular Cab- 4x2 SD Regular Cab 142 In. WB 3883D88 112 Ton Crew Cab 4x2 2019 Ford F-150 Crew Cab XL 4x2 SD Super Crew Cab 145 In. WB 3883032 112 Ton Crew Cab 4x2 2019 Ford F-150 Crew Cab XL 4x2 SD Super Crew Cab 145 In. WB 3883000 112 Ton Crew Cab 4x2 2019 Ford F-150 Crew Cab xL.T 4x2 SD Super Crew Cab 145 In. WS 3882982 112 Ton Crew Cab 4x2 2019 Ford F-150 Crew Cab xLT 4x2 SD Super Crew Cab 145 in. WB 3882933 SUV Explorer 2019 Ford E lorer Ex lorer Base 3882911 112 Ton Super Cab 4x2 2019 Ford F-150 Super Cab XI -T 4x2 SD Super Cab 145 In. WB Menu Pricing Equity Lease Menu Pricing Lease rates are based upon 2018/ 2019 factory order pricing and miles per year; some vehicles may no longer be available in quoted Model Year. Full Maintenance includes brakes every 26,000 miles and no tires Annual Cost Excluding Maintenance $74,471.64 Pricing does not Include any applicable taxes I Estimated Equity Return Total $49,745.00 Pricing does not include expected return on equity at end of lease (shown in estimated return column) $5,919.40 $7,278.00 $7,278.00 $8,053.20 $7,767.40 $6,881.40 0.-