The URL can be used to link to this page

Home My WebLink About6.f. 2005 Lease PurchaseCITY OF ROSEMOUNT EXECUTIVE SUMMARY FOR ACTION City Council Meeting Date December 21, 2004 AGENDA ITEM: 2005 Lease Purchase AGENDA SECTION: Consent PREPARED BY: Jeff May, Finance Director AGEN ff 6 ATTACHMENTS: 2005 CIP Worksheet, Memorandum from APPROVED BY: Public Works RECOMMENDED ACTION Motion to authorize staff to proceed forward with th acquisition of the equipment slated to be financed through a lease- purchase for 2005 and to authorize staff to proceed with procuring the financing necessary to complete the transactions ACTION. ISSUE Staff is requesting the authorization to purchase the large pieces of equipment in the 2005 CIP with the use of lease- purchase financing BACKGROUND This item is on the agenda for Council to give staff the authority to proceed with the acquisition of the equipment noted in the 2005 CIP and to procure the financing to complete the transactions with a lease- purchase This lease- purchase will actually be completed sometime in early 2005 but because of the size of some of the pieces of equipment we need to proceed forward shortly in order to be able to have the equipment in hand and ready for operation by later in 2005 SUMMARY Recommend the above motion to authorize staff to proceed with the acquisition of the equipment and the procurement of financing 4 ROSEMOt INT PUBLIC WORKS MEMORANDUM TO: Honorable Mayor and Council Members Jamie Verbrugge, City Administrator FROM: Rick Cook, Public Works Superintendent �C Andrew J. Brotzler, P.E., City Engineer DATE: December 15, 2004 RE: Proposed 2005 Equipment Purchases With the recent Council adoption of the 2005 Budget and General Levy, Staff is requesting Council authorization to begin the acquisition of equipment as identified in the 2005 CIP As previously discussed, the acquisition and setup time for the larger pieces of equipment can take from 9 to 12 months At the November 10, 2004 City Council Work Session, Staff presented the City's current practice for scheduling equipment replacement and provided information on the equipment to be replaced or added to the City fleet Follov<mg is a summary of this presentation Replacement Schedule City pickups are scheduled for replacement every 7 years Prior to replacement, the pickups are evaluated with higher condition pickups rotated to other departments City plow trucks are scheduled for replacement every 10 years Pnor to replacement, plow trucks are evaluated with a higher condition plow truck rotated into the fleet for a water truck Large equipment including front -end loaders, road graders, letter truck and vac -truck are scheduled for replacement every 15 years Prior to replacement, a general assessment is made of the equipment with regards to miles and hours and typical high cost maintenance /repair items that may be pending W 1 005 Budget', I 21504ccmemo equipment doc Equipment to be Replaced and Added Dual -Broom Street Sweeper o Necessary for streets with center islands and medians to address safety issue o Will help to meet goals and requirements of NPDES Phase IIPermit o Improve efficiency for sweeping after seal coating Replace Plow Truck, #430 Plow truck purchased in 1995 Plow truck will be rotated in fleet to replace water truck, #428 Add Plow Truck o Plow truck for additional plow route due to street additions Replace Jetter Truck, #435 Jetter truck purchased in 1990 Portions of truck have been sandblasted and repainted and are rusting through Pump is neanng normal life, replacement cost approximately 530,000 Replace Front -End Loader, 4419 Front -end loader purchased in 1990 Loader has been sandblasted and repainted Loader has 5,760 hours Typical engine life is 7,000 to 8,000 hours Typical transmission life is 11,000 to 12,000 hours Includes replacement of snowplow and wing purchased in 1985 Should you have any questions, please do not hesitate to contact us H '0005 Budget %121504cememo equipment doc iv1412004 Total Levy Year 2005 1 731 600 Proposed I rave Purrh.ve for loop, rq ispment needs (coincides with 2lease purchases being paid off in 2005 and 2006) (1) Ice -edger painting funding comes from Arena Fund operab.nslorserves (2) Funding for the New Fire Station #2 will come from a general bond issue (3) Other funding for signs from encumbered 2004 funds (signs not purchased until new logo chosen) (4) Funding for Athletic Complex land purchase unknown at this time (5) Other hording for Street Rehabiklahon Projects comes from regular SKB User Fees ($100 000) and excess SKB Trust Funds ($100 000) (6) Other funding for County Road 38 Project will come from Dakota County for its share of lire project (7) Funding for Evermoor Lift Station Outlet will come from a Storm Water Revenue bond issue MSA F unds Park Imp I From i Water Sewer Storm _Wafer Sewer Ut Utility Storm Utikl Donations Other Total Cost Eqm oral Year Pnonty Level Item Description Bulldmg�5iree! Depatlmenl GIP Levy iCP Levy CP Levy Assess Fu Stale Care Care Care 2005 2 Battery Powered Ice -Edger Arena 5 000 5 000 2005 2005 2 P aint Ceibrig are Duct Work 1995 Lease Purchase (10 Years) 19961 eas e _Pu (10 Ye ars) 2001 Lease- Pirchase(10 Years) Fre Station #2 PC Printer Replacements (From 1999 2000) PC Workstation Up grades (From 2 00n� Arena 1 15 000 50 2 2 Council Councl 50,000 64 900 2005 64 900 2005 2005 2 1 Council Co uncil 115,400 2000000 115400 2000000( 2005 2005 2 2 Finance Finance 20 000 20,000 70 000 70000, 5000 2005 2 AED Unit Defibulator )(ReplacemenVUp9rades) its 1 5000 2005 2005 2 2 Refurbish Unit #3590 (14 Years Did) u backup Rescue Truck Tanker (Addition) Caulfield Park Shelter Climbing Wall at Birch Park Park Signs New Neighborhood Pa B r no- Mines New Park B ull Brockway Development Land Purcli for Alhleha Complex Video/Audio Recording for Ganfllnternew Room Long Guns (2) for MAAG Emergency Equmment for Squa ds_ In stallation Fire Fire Fire Park Rec 25000 90,000 1 25 000 90 OOD 2005 2005 1 2 .Replace 2 2 190,000 190 000 24000 24 000 2005 2005 Park Rec 12 000 5 000 12 000 10 000 35l) 0 00 Park Bee 5,000 2005 2005 1 1 Park Red 350 000 Park Bee 4_0 400 000 2005 2 Re k&_Rod Police Police 25 00000 2 _50_0000 5,000 5000 2005 2005 3 2 1 5,000 5,000 7 500 2005 IPola e 7,50 2005 2 .Ticket Writer Software Prmters 3 V,d,m for 3 Squads Police Police L— 10000 t 15000, 2005 15000 2005 1 '2 Squads (Sell Lack #2110 1Ne Unmark 40000 40000 2005 2005 ll 2 I 8 Add n Lease /Porch l7 of Co 2 County y Road 38 (TH 3 to Ra T s)_ 2 Street Rehabilitation Protects (S Belo 1 Connemara frail Overpass C onstruction P Works 24 000 10 000 10 000 44 000 1 440 000 Pub Works Pub Works 250,000 1 000000 304 50 90 7 95 000 2005 2005 _2005 2005 2000_0_0 1 200000 Pub Works Pub Works Pub Works 20000 t Dual Fran Swe eper 2 D. Truck (Replace 9430) 2 'Dump Truck(Additt n) 150,000 120,000 120000 150000 120 000 120000 2005 Pub Works Pub Works 2 L oade r (Replace #41 200,000 200 000 __2005 2005 2 fetter Imck (Replace #435) 1 Evermoor Lift Station Ou (St CIP 14) Pub Works 70,00 _70,00_0 140000 550 000 2005 Pub Works 550 000 I otals 46 000 1 250,000 433,600 304,500 76] 000 12000 12 000 DOO 640,500 10,0001 80,000 70 000 1 6 390 000 11 993 600 Total Levy Year 2005 1 731 600 Proposed I rave Purrh.ve for loop, rq ispment needs (coincides with 2lease purchases being paid off in 2005 and 2006) (1) Ice -edger painting funding comes from Arena Fund operab.nslorserves (2) Funding for the New Fire Station #2 will come from a general bond issue (3) Other funding for signs from encumbered 2004 funds (signs not purchased until new logo chosen) (4) Funding for Athletic Complex land purchase unknown at this time (5) Other hording for Street Rehabiklahon Projects comes from regular SKB User Fees ($100 000) and excess SKB Trust Funds ($100 000) (6) Other funding for County Road 38 Project will come from Dakota County for its share of lire project (7) Funding for Evermoor Lift Station Outlet will come from a Storm Water Revenue bond issue