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HomeMy WebLinkAbout2017-08-28 17-302 ORDERTitle, Order CITY COUNCIL ACTION 08/28/2017 17-302 Council Meeting Date: 08/28/2017 Item No: 17-302 Responsible Dept: Airport Requested Action: Order Map/Lot: N/A Authorizing the Lease of a Fuel Truck from SkyMark Refuelers, LLC Summary This Order will authorize the lease of a fuel truck for the airport in the amount for a period of five years. The truck will be provided by SkyMark Refuelers and financed via a leasing company. The annual lease payment will be $45,000. The airport is in the process of replacing its aging fuel truck fleet and it was decided that leasing was preferable to purchasing since staff is able to ensure the airport has newer equipment well within its useful life. At the end of the lease the City has the option to either purchase the fuel truck, at its fair market value, or lease a newer model. Additionally, with this lease the airport will trade-in 1 existing fuel truck that is well past its useful life and had been taken out of service. The Airport's FY 2018 approved budget included funding for this lease. The contract award recommendation must be reviewed and approved by the City Council as it is over $100,000. Committee Action Committee: Finance Committee Action: Recommend for passage Staff Comments & Approvals City Manager Introduced for: Consent Meeting Date: 08/21/2017 For: 5 Against: 0 City Solicitor Finance Director CITY OF BANGOR ORDER Date: 08/28/2017 Item No: 17-302 Assigned to Councilor: Faircloth Authorizing the Lease of a Fuel Truck from SkyMark Refuelers, LLC Be it Ordered by the City Council of the City of Bangor that, 08/28/2017 17-302 The Finance Director is hereby authorized to execute all documents related to the leasing of a fuel truck from SkyMark Refuelers, LLC including all documents required from their chosen leasing company for a five-year period. City of Bangor Bid Tabulation Bid: 7,000 gal. Jet A Refueler Bid No. PIS -004 Bid Opening: August 9, 2017 17-302 AUGUST 28, 2017 ProFlo Industries LLC Westmor Fluid Solutions I SkyMark Refuelers General Transervice Garsite/Progress LLC Alvada. OH Columbus. MN Kansas Citv. KS Coatsvil,e. PA Kansas Citv. KS Item Description Total Price Total Price Total Price Total Price Total Price 1 7,000 gal. Jet A Refueler Lump Sum 275,610.00 274,200.00 265,000.00 Not Included 285,000.00 2 Less: trade-in for one 1 used tanker Lump Sum 28,000.00 10,000.00 20,000.00 N/A 25,000.00 Net Line 1 minus Line 2 247 610.00 264 200.00 245 000.00 Unknown 260 000.00 5 yr Lease: $53,743.48 6 yr Lease: $45,667.55 71 Advance: $55,801.56 1 5 yr Lease: $47,404.51 I Model A RF7KJ-4501 7.000 Gallon Refueler 1 74001 M21 7MA-Y50A-SC-PNDASI IN CITY COUNCIL AUGUST 28, 2017 CO 17-302 PASSED gl!0,740 210-2,041.4114,) CITY CLE