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HomeMy WebLinkAbout2016-09-12 16-335 ORDERCOUNCIL ACTION Item No. 16-335 Date: September 12, 2016 Item/Subject: ORDER, Authorizing the lease of a fuel truck from SkyMark Refuelers, LLC. for Bangor International Airport. Responsible Department: Airport Commentary: 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 the leasing company will be National Equipment leasing. The annual lease payment will be $31,800. 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 2 existing fuel trucks that are well past their useful life and have been taken out of service. If approved, this lease will be for an annual cost of $31,800 for a term of 5 years. The Airport's FY 2017 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. Manager's Comments: Associated Information: Bid tabulation Budget Approval: Legal Approval: Introduced for X Passage First Reading Referral Tony Caruso Department Head �am M L City Manager nce Director mr, Page 1 of 1 16-335 SEPTEMBER 12, 2016 Assigned to Councilor Baldacci CITY OF BANGOR (TITLE.) Order, Authorizing the lease of a fuel truck from SkyMark Refuelers, LLC. for Bangor International Airport. By tiie Oty CotIndl of Me City ofHangor.- THAT, Deborah Cyr, Finance Director is hereby authorized to execute a lease agreement for the lease of a fuel truck from SkyMark Refuelers, LLC. IN CITY COUNCIL SEPTEMBER 12, 2016 CO 16-335 PASSED /% CITY CLE Z 16-335 SEPTEMBER 12, 2016 City of Bangor Bid Tabulation Bid No.: Jet A Refueler Bid Opening: 8/19/16 SkyMark Refuelers, LLC Kansas City, KS 66105 Garsite/Progress, LLC Kansas City, KS Item Description Total Price Total Price 1 Jet A Refueler Total Price $265,000.00 $289,440.00 2 Less: trade-in for two 2 used tankers $70,000.00 $42,000.00 Net Line 1 minus Line 2 $195,000.00 $247,440.00 3 jAnnual Lease Payment Amount $31,800.00 $52,762.36 Year Make Model 2016 SkyMark 7k-450-1-MRSC 2017 International 7400