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2003-076ORDINANCE NO. OOJ~'O AN ORDINANCE AUTHORIZING THE PURCHASE OF MOBILE DATA COMPUTERS, INSTALLATION, AND SERVICE FROM L&E MOBILE COMPUTERS AND MOUNTS, INC., A QISV SUPPLIER, AND FINANCING WITH GOVERNMENT CAPITAL CORPORATION THROUGH A LEASE/PURCHASE FINANCING AGREEMENT; PROVIDING FOR THE EXPENDITURE OF FUNDS THEREFORE; AND PROVIDING AN EFFECTIVE DATE (FILE 2998-LEASE PURCHASE OF MOBIL DATA COMPUTERS IN AN AMOUNT NOT TO EXCEED $189,700.30 FOR A 4 YEAR TOTAL OF $758,801.20). WHEREAS, In the 2002-2003 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 $189,700.30 per year for 4 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 Government Capital Corporation 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 Government Capital Corporation, said agreement providing for a financed amount of $758,801.20, having four annual payments of approximately $189,700.30 with an effective rate of not to exceed 4.5%. SECTION 2. The City Manager, or the 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 day of '2003. ELOE BR ATTEST: JENNIFER WALTERS, CITY SECRETARY BY: APPROVED AS TO LEGAL FORM: HERBERT L. PROUTY, CITY ATTORNEY B Attachment 1 1 GCOVERNMENT CAPITAL ®®m CORPORATE OFFICFS 345 NIKON ORIVE 06UINIAOY.'1X 10OQ7 77 917 421, 6400 TAX G! 7 46a 0.77 40VTN CENTRAL REGION 3914 ROCKLCDOE ORIVC AJSTIN. TK 76731 0 613 34603" FAX 111334: i545 4a42 iUNan1NC DRIVE SUGAR LAND. TX 77476 a 261 966 alias VAX JAI 461 7070 2304 111011WAY 50 EAST Gr6VILLC. TX 76109 March 13, 2003 Mr. Tom Shaw City or Denton 21S Bast McKinney Strect Denton, Texas 76201 Dear Mr. Shaw: Tbu& YOU for the oppoEumitY to presentnt proposed financing for the City of Denton for the acquisition of Equipment. The transecticion would be as follows: LESSOR: LESSEE: Government Capital Corporation City of Denton FINANCING STRUCTURE-;: FINANCED AMOUNT: Term: Effective Interest Rate; Annual Lease Factor: Annual Payment Amount: First Payment Due: Tax Exampt Lease/Purehate as Authorized under the Texas Public Property Finance ACT or 1979 $719,109.89 Four (4) Years - Annual Payments 4.395% 363799 $189,700.30 4/15103; subsequent payments due 11/15!03 -1 1/1 4105 Ea 361 363 27" Financing for these projects would be @ very simple, fact and easy due to the fact that: FAX aw 307 77aa We have an onxisting working relationship with the City, We havo City 'y f ueneial statements on file. oxpaditing the process. The City's legagal counsel Is familiar with our documentation. ROUTME46T REGION 121 SOuTm RAI-ROAD AV E The abovc proposal is subject to an audit it analysis and assumes closing will occur on, or before 9ROOa11nVCN. N6 39601 April 23, 2003• The above rates nay be a adjusted to equal to maturity Treasuries thereafter. s 600 961 0"1 If you have an cAx 601 327 tOD9 Y questions scgarding other -r payment terms or conditions, please feel free to call m6. Sincerely, Sheila R. Re Director, Public Relations "YOUt1R PUBLIC FINANCE PARTNER" Attaclment :2 W.7 L&E Mobile Computers l & Quote Number: DentonPD-2.7.03 Mounts, Inc. Conshohocken Road, Bldg. I'hoire: (97372) 270- 4 4940 - ' Price Quote mmm~ Customer Business: City of Denton Police Department Attn: Tim Smith Address: 601 E. Hickory, Suite E City Denton State: Tx Zip:7620515 Phone: 940-349-7267 Fax: 940-349-8979 City Part Number/Description Unit Price TOTAL 73 CF-28PTJG8DM- PIII 800, 256 RAM, 30 GHiDD $ 4,116.30 $ 300,489.90 XGAITOUCH, FDD, Integrated 56K/LAN RJ4S5 MODEM, $ - INT. Cisco 802.11b Wireless LAN Backlit kybd>d,W2000 $ - MODEL NUMBERS SUBJECT TO CHANGE E PRIOR $ - TO FINAL ORDER. $ - 73 CF-WMBA91266 - 256 MB RAM upgrade chihip $ 105.62 $ 7,710.26 61 VDL02MKB - 12.1" PDRC screen and backlitlit keyboard $ 2,064.11 $ 125,910.71 with glide pad. $ - 68 CFSVCDSMY- 2 year extended warrantyty on $ 70.00 $ 4,760.00 electrical components in Panasonic Port Repl'plicater. $ - 1 CF-VCD281U- 24X CD-ROM Drive $ 211.90 $ 211.90 58 LE-MOUNTING SYSTEM- Complete mounthting $ 1,685.00 $ 97,730.00 system for PDRC, CF-28 and all wiring and voroltage $ - protection units and passenger side trunk trayay. $ $ Total 11 continue 2 Karlkar na OQ Existing Customer O Website/Advertising O RefenailOther Date: 2/18/2003 Rep: Brett Hawkins Phone: (972) 270-4940 Valid For. 30 days j Page 1 of 3 Shipping and Handling is additional and it is not included in this quote. Ask your sales rep. about volume and d discount pricing available! PP P'M L&E Mobile Computers Z& Quote Number. Dentonpd-2-2.7.03 AZ~ Mounts, Inc. 1013 Conshohocken Road, Bldg. Phone: (97272) 270- 4 4940 Price Quote Customer Attn: Address: City Phone: City of Denton Police Department State: 2aD: Fax: CAY Part Number/Description Unit Price TOTAL 1 CONTINUED FROM PAGE 1 $536,812.77 $ 536,812.77 10 NON-PDRC UNITS - Side mount, Docking StStation, $ 1,095.00 $ 10,950.00 voltage armor, combo GPRS & GPS antenna, 1, screen $ - support $ 58 INSTALLATIONS AT L&E(AMERC/AN COMW $ 500.00 $ 29,000.00 Installs for units receiving PDRC and Consoless. $ - 10 INSTALLATIONS AT L&EIAMERICAN COMM $ 425.00 $ 4,250.00 Installs for urltis receiving CF-28 only. $ - L&E REQUIRES THE FOLLOMNG ON /NSTiTALLS. $ - - All vehicles in good running condition. $ - - All vehicles clean and free of all debris. $ - - 2 week notice for schedule on issue of PO $ - - Vehicle list prior to installs $ - 68 TRANSPORTATION OF VEHICLES- Cost d to trans- $ 55.00 $ 3,740.00 port each vehicle round trip. $ - $ Total 1 1 Continue 3 ntlglafRa O F)dsbng Customer 0 Website/Advertising 0 Referral/Other r Page 3 of 3 Shipping and Handling is additional and iI is not included in this quote. Date: 211812003 Rep: Brett Hawkins Phone: (972) 2704940 Valid For: 30 days Ask your sales rep. about volume and d discount pricing available! L&E Mobile Computers 8& Quote Number. DentonPD-3-2.7.03 Mounts, Inc. 1013 Conshohocken Road, Bldg. Phone: (97212) 270- 4 4940 Price Quote Customer Business: City of Denton Police Department Attn: Tim Smith Address: City State: ZiP: Phone: Fax: Date: 2118/2003 Rep: Brett Hawkins Phone: (972) 270-4940 Valid For. 30 days 0tv Pant NumbedDescri on Unit Price TOTAL 1 CONTINUED FROM PAGE 2 $ 584,752.77 $ 584,752.77 68 WEB TECH 12000 $ 855.00 $ 58,140.00 GPS/GPRS Trunk mounted unit. $ - 68 Antenna and cable for RF pass through on doock. $ 40.84 $ 2,777.12 2448 SERVICE AGREEMENT - Three year services agree- $ 30.00 $ 73,440.00 ment per 68 cars for 36 months. $ - This covers L&E/American Communications tetechniclans $ - traveling to The City of Denton for service proloblems. All $ - services will be provided no later than next bu.,usiness day. $ - Please see Project Outline for more details. $ - $ Total $ 719,109.89 rternarKa Oa Existing Customer Q WebstWAdvertising O Referral/Other Page 3 of 3 Shipping and Handling is additional and d is not included in this quote. Ask your sales rep. about volume and d discount pricing available!