Title
To authorize and direct the City Auditor to transfer $3,375,000.00 from the Special Income Tax Fund to the Safety Bond Fund; to authorize the appropriation of said funds; to authorize and direct the Director of Finance & Management to issue a purchase order for custom tilt-cab pumpers for the Division of Fire from an existing Universal Term Contract established for such purpose by the Purchasing Office with Ferrara Fire Apparatus, and to authorize the expenditure of $3,375,000.00 from the Safety Bond Fund, and to declare an emergency. ($3,375,000.00)
Explanation
BACKGROUND:
Need: The Fire Division is in need to purchase eight (8) engines; this legislation authorizes and directs the Director of Finance & Management to issue a purchase order for custom tilt-cab pumpers from an existing Universal Term Contract established by the Purchasing Office with Ferrara Fire Apparatus in accordance with SA002318.
Bid Information: A Universal Term Contract exists for this purchase.
Contract Compliance: Ferrara Fire Apparatus #721129363 exp. 8/14/2008
Emergency Designation: This legislation is to be considered an emergency measure to allow for the immediate use of funds, and immediate purchase of this equipment.
FISCAL IMPACT:
Budgeted Amount: The 2007 CIB includes a little over $4.9 million in new funding for apparatus replacement in the Division of Fire. Unencumbered cash will be available upon transfer from the Special Income Tax to the Fire Division's Safety Voted Bond Fund for this purchase. This is a temporary funding measure; upon sale of bonds, the Special Income Tax Fund will be reimbursed via Bond Sale. The purchase of these engines has been approved for funding from the Special Income Tax Fund.
Body
WHEREAS, the Fire Division is in need to purchase eight (8) custom tilt-cab pumpers; and
WHEREAS, a Universal Term Contract established by the Purchasing Office in accordance with SA002318, exists for this purchase; and
WHEREAS...
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