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2006-269 ORDINANCE NO. .2..cro- 2(;9 AN ORDINANCE AWARDING A CONTRACT FOR THE PURCHASE OF 30 AND LEASE PURCHASE FINANCING OF 38 MOBILE DATA COMPUTERS (MDCS) FOR THE CITY OF DENTON POLICE DEPARTMENT AND LEASE PURCHASE FINANCING OF 21 MDCS, 19 DOCKlNG STATIONS, AND INSTALLATION SERVICES FOR THE CITY OF DENTON FIRE DEPARTMENT AWARDED BY THE STATE OF TEXAS BUILDING AND PROCUREMENT COMMISSION THROUGH THE CATALOG INFORMATION SERVICE VENDOR (CISV) CATALOG PROGRAM; PROVIDING FOR THE EXPENDITURE OF FUNDS THEREFOR; AND PROVIDING AN EFFECTIVE DATE (FILE 3564 - PURCHASE OF PANASONIC TOUGHBOOK CF-29 AWARDED TO CDW GOVERNMENT, INC. IN THE PURCHASE AMOUNT OF $123,450.00 AND AWARDED TO CHASE EQUIPMENT LEASING IN THE FIRST YEAR LEASE AMOUNT OF $94,625.37 FOR A TOTAL THREE YEAR LEASE AMOUNT OF $283,876.11. TOTAL AWARD AMOUNT IS $407,326.11). WHEREAS, In the 2005-2006 budget process the City Council authorized the purchase of Mobile Data Computers from the to be determined lowest responsible bidders pursuant to Chapter 252 of the Texas Local Government Code in the estimated principal sum of $94,625.37 per year for 3 years; and WHEREAS, Section 271.005(c) of the Local Government Code authorizes the City council, in its discretion, to contract for the financing of personal property; and WHEREAS, the City Council finds that the herein authorized financing of the budgeted equipment through a lease purchase agreement with Chase Equipment Leasing is appropriate and in the public interest; and WHEREAS, the City Council has provided in the City Budget for the appropriation of funds to be expended for the herein authorized. lease purchase agreement; NOW, THEREFORE, THE COUNCIL OF THE CITY OF DENTON HEREBY ORDAINS: SECTION 1. The City Council hereby authorizes a lease purchase agreement to finance the acquisition of Mobil Data Computers with Chase Equipment Leasing, said agreement providing for a financed amount of$407,326.11, having three annual payments of approximately $94,625.37 with an effective rate of not to exceed 4.25%. SECTION 2. The City Manager, or t~e Purchasing Agent as his designee, is authorized to enter into a lease purchase agreement on behalf of the City in accordance with the terms set forth in Section 1 and to expend the funds provided for in Section 1. SECTION 3. This ordinance shall become effective immediately upon its passage and approval. PASSED AND APPROVED this 26 -It day of (J.t?,tJ fe/11 bi:. r, 2006. ATTEST: JENNIFER WALTERS, CITY SECRETARY , ,