HomeMy WebLinkAbout6.f. Purchase of Turnout Gear
EXECUTIVE SUMMARY
City Council Meeting: September 20, 2022
AGENDA ITEM: Purchase of Turnout Gear AGENDA SECTION:
Consent
PREPARED BY: Rick Schroeder, Fire Chief AGENDA NO. 6.f.
ATTACHMENTS: Quote from Macqueen Emergency APPROVED BY: LJM
RECOMMENDED ACTION: Motion to approve the expenditure to purchase turnout gear
for fire department members
BACKGROUND
The City Council is asked to consider the expenditure of $169,975.00 for the purchase of a second set of
turnout gear for all members of the fire department.
One of the leading killers of firefighters across the nation continues to be various forms of cancer. As we
continue to address safety measures, a constant for firefighters is the requirement of wearing turnout gear.
This gear is utilized to respond to any type of call and is in close contact with the skin areas, some that are
more prone to cancer. A way to reduce that exposure is the addition of a second set of turnout gear. The
fire department was looking to move towards the addition of a second set of gear for each firefighter
starting with 2023 budget.
During the past month, the fire department began to look at different vendors as a result of this change.
One of the styles of gear they looked at was provided by Macqueen Emergency. During the
demonstration, it was learned that there was a financing option available that would allow for the
immediate purchase of a second set of gear for all firefighters. This financing option would not only speed
up the purchase of the gear but also save money in the long range by purchasing a large amount of gear
now at a fixed price. This gear would also be purchased at H-GAC state contract bid pricing with a total
purchase price of $169,975.00, that would be spread out over 5 years of payments and immediately give
each firefighter a second set of gear. This purchase would be funded through the fire departments 2023
budget, and the annual lease payment will continue in the budget through 2027.
RECOMMENDATION
Staff requests City Council authorization to purchase the turnout gear as described above.
2525 West State Road 114
Rochester, IN 46975
(800) 700-7878
Fax: (800) 865-8517
www.republicfirstnational.com
To: Chief Rick Schroeder
Vendor: MacQueen Emergency
From: Stephanie Perez
Customer: City of Rosemount
Thanks for the opportunity to give you a quote on your latest project!
Equipment: New Turnout Gear H-GAC Contract #EE-08-19
OPTION 1 Zero Down, First Payment Due in Six Months
Unit Cost: $ 169,975.00 Term (Years): 5
Down Payment: $ 0.00 Payments: $ 37,862.39
Net Financed:$ 169,975.00 Factor: 0.22275
Payment Frequency: Annual APR: 4.47%
First Payment Date: February, 2023
OPTION 2 10% Down, First Payment Due in One Year
Unit Cost: $ 169,975.00 Term (Years): 5
Down Payment: $ 16,997.50 Payments: $ 34,821.76
Net Financed:$ 152,977.50 Factor: 0.22763
Payment Frequency: Annual APR: 4.47%
First Payment Date: August, 2023
Delivery Date: To be determined
*
*To qualify for the quoted rates, audited financial statements required.
*This is a proposal only and not a commitment to finance. This proposal is subject to credit review and approval and
*This transaction must be designated as tax-exempt under Section 103 of the Internal Revenue Code of 1986 as amended.
*Lessee’s total amount of tax exempt debt to be issued in this calendar year will not exceed the $10,000,000 limit.
*
Sincerely,
Republic First National Corporation
Stephanie Perez
stephanie@rfnonline.com
September 6, 2022
A document fee of $299 is due upon signing.
“Our Experts, Your Needs, Financing Done Right”
proper execution of mutually acceptable documentation.
Payments and rates reflect pre-application of escrow earnings and manufacturer discounts, if any.