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HomeMy WebLinkAboutResolution 3899-07-2010A Resolution NO 3899-07 2010 STATEMENT EXPRESSING OFFICIAL INTENT TO REIMBURSE EXPENDITURES WITH PROCEEDS OF FUTURE DEBT WHEREAS, the City of Fort Worth Texas (the City") is a home rule municipality and political subdivision of the State of Texas WHEREAS the City expects to pay from available funds expenditures m connection with the acquisition of fire equipment and vehicles hereto (the "Project") prior to the issuance of obligations by the City m connection with the financing of the Prod ect WHEREAS the City finds considers and declares that the reimbursement of the City for the payment of such expenditures will be appropriate and consistent with the lawful objectives of the City and as such, chooses to declare its intention, in accordance with the provisions of Section 1 150 2 of the Treasury Regulations to reimburse itself for such payments at such time as it issues obligations to finance the Project NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FORT WORTH, TEXAS Section 1 The City reasonably expects it will incur debt as one or more series of obligations with an aggregate maximum principal amount not to exceed $100 000 for the purpose of paying the aggregate costs of the Project Section 2 All costs to be reimbursed pursuant hereto will be capital expenditures No tax exempt obligations will be issued by the City in furtherance of this Statement after a date which is later than 18 months after the later of (1) the date the expenditures are paid or (2) the date on which the property with respect to which such expenditures were made is placed m service ORT WORT, RESOLUTION NO 3899 07 2010 Section 3 The foregoing notwithstanding, no issued pursuant to this Statement more than three years which is to be reimbursed is paid Adopted this 13th day of July 2010 ATTEST ~.~~~,~ ~ ~:~~'~. tax exempt obligation will be after the date any expenditure APPROVED CITY COUNCIL Sul i s znio By _~ Marty~I ~; t;ity,5ecret A ORTVVORT c ~~ cw,-a ~ wpm, r C-ty of Fort Worth, Texas Mayor and Council Communication ~_ _ ~ a ~ a~ ~, COUNCIL ACTION: Approved on 7/13/2010 -Ord. No. 19217-07-2010 & Res. No. 3899-07- 2010 _U ~~ ~ : ~ ~~ ~. e,.. DATE Tuesday July 13 2010 REFERENCE NO P 11148 LOG NAME 13P09-0051A CHANGE ORDER SUBJECT Authorize Change Orders To Add Enhanced Equipment Totaling $120 350 00 to the Purchases of Five Pump Apparatus from Emergency Vehicles of Texas for the Fire Department for a New Total Amount of $2 520 046 00 and Adopt Appropriation Ordinance and Reimbursement Resolution RECOMMENDATION It is recommended that the City Council 1 Authorize anon-interest bearing inter-fund loan from the General Fund to the New Equipment Purchase Fund in the amount of $96 280 00 for interim financing of the change orders to the purchase of four of the five fire apparatus pending issuance of debt; 2 Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the New Equipment Purchase Fund by $96 280 00 3 Authorize change orders to add enhanced equipment totaling $120 350 00 to the purchases of all five pump apparatus from Emergency Vehicles of Texas for the Fire Department for a new total amount of $2 520 046 00 with payments due 30 days after receipt of invoices and 4 Adopt the attached reimbursement resolution declaring the City's intent to use debt financing in order to subsequently reimburse itself from the proceeds of that borrowing DISCUSSION On July 21 2009 (M&C P 11008) City Council authorized the purchase of four new Rosenbauer General Safety pump apparatus from Emergency Vehicles of Texas for the Fire Department using aHouston- Galveston Area Council Cooperative Contract for a total amount of $2 399 696 00 and adopted Appropriation Ordinance No 18722-07 2009 and Resolution No 3767-07 2009 The appropriation ordinance and reimbursement resolution requested in this action are needed to cover the change orders on these four of the five units covered by this M&C On September 8 2009 (M&C P 11027) City Council authorized the purchase of one new Rosenbauer General Safety pump apparatus from Emergency Vehicles of Texas for the Fire Department using a Houston-Galveston Area Council Cooperative Contract for a total amount of $599 924 00 and adopted Appropriation Ordinance No 18807-09-2009 No appropriation ordinance or reimbursement resolution is needed for the change order to the single apparatus purchase These change orders are requested to add enhanced computer radio and Self-Contained Breathing Apparatus (SCBA) retention systems to the vehicles. The Fire Department determined that the addition of truck mounted Motorola portable radios chargers and computer equipment requested will insure clear Logname. 13P09-OOS1A CHANGE ORDER Page 1 of 2 communications with command and other essential Fire Department personnel The equipment will be compatible with the current equipment in use by the Fire Department. Upgrading to the Bostrom Secureall SCBA locking systems in place of the original Ziamatic SCBA securing systems is requested for the firefighters to have the ability to put on the SCBA gear quicker for a faster emergency response where SCBA is required The newly designed Bostrom SCBA securing system will hold and protect the SCBA better than the original Ziamatic strap system The unit cost of these enhancements is $24 070 00 each The addition of this equipment to these five units should not be delayed because it may delay placing the new apparatus into service and may increase the cost if purchased and installed separately at a later date The updated radios, computers and SCBA locking systems are essential components of the fire apparatus for improved communications and response times There are no lower cost methods to accomplish the acquisitions of the additional and updated equipment by the Fire Department. FISCAL INFORMATION /CERTIFICATION The Financial Management Services Director certifies that upon approval of the above recommendation and adoption of the attached appropriation ordinance funds will be available in the current operating budget, as appropriated of the New Equipment Purchase Fund Expenditures incurred for the purchase of fire apparatus will be reimbursed from the issuance of debt. BQN\09-0051 A\KDK FUND CENTERS TO Fund/Account/Centers G193 220001 000139036090 G193 485200 036193036090 G193 541320 036193036090 FROM Fund/Account/Centers $96,280.00 G193 541320 036193036090 $96.280.00 GG01 136193 0000000 $96,280.00 $120, 350.00 $96,280.00 CERTIFICATIONS Submitted for City Manager's Office b~ Karen Montgomery (6222) Originating Department Head. Lena Ellis (8517) Additional Information Contact: Jack Dale (8357) Logname. 13P09-0051A CHANGE ORDER Page 2 of 2