R-1596 - 10/11/2016 - FIRE DEPARTMENT - Resolutions RESOLUTION 2016-FD-V-LS-R-1596
A RESOLUTION APPROVING THE WAIVER OF COMPETITIVE BIDDING
AND AUTHORIZING A LEASE TO OWN AGREEMENT
RELATIVE TO A FIRE RESCUE ENGINE
WHEREAS, the Village owns two heavy equipment vehicles utilized in the Fire Department, a
1990 Reserve Engine and a 1999 Front-Line Heavy Rescue Squad, which have exceeded their useful life
and are difficult to maintain; and
WHEREAS, the 2016 budget includes $100,000 in the Vehicle Replacement Fund for a lease to
own of a Rescue Engine to replace both of the above-mentioned vehicles ("Rescue Engine"); and
WHEREAS, Section 1-7-10 of the Village Code authorizes the Village to join with other units of
government in cooperative purchasing plans when it is in the best interests of the Village; and
WHEREAS, because the Houston-Galveston Area Council ("HGAC') has already conducted
competitive bidding processes for the Rescue Engine, the Village staff has recommended that the Village
waive competitive bidding and authorize a 10-year vehicle lease to own agreement ("Agreement") with
JP Morgan Chase ("Chase") for one 2016 Pierce Enforcer Rescue Engine in the purchase amount of
$744,579.00; and
WHEREAS, the President and Board of Trustees, being fully advised in the premises, have
determined that it is in the best interests of the Village and its residents to: (i) so waive competitive
bidding for the Rescue Engine; (ii) approve the Agreement with Chase for the Rescue Engine from
Pierce.
NOW THEREFORE, BE IT RESOLVED BY THE PRESIDENT AND BOARD OF TRUSTEES OF
THE VILLAGE OF OAK BROOK, DU PAGE AND COOK COUNTIES, ILLINOIS as follows:
Section 1: Recitals. The foregoing recitals are hereby incorporated into, and made a part
of, this Resolution as the findings of the President and Board of Trustees of the Village of Oak Brook.
Section 2: Waiver of Competitive Bidding Requirements. The advertising and bidding
requirements for the Agreement with Chase of the Rescue Engine is hereby waived in accordance with
Section 1-7-4 of the Village Code.
Section 3: Authorization of Lease to Own Agreement of the Rescue Engine. The President
and Board of Trustees hereby approve the Agreement with Chase of the Rescue Engine from Pierce for a
10-year vehicle lease at the current interest rate of 1.97%, in the total amount of $827,613.40, which is
subject to change and to final credit approval at time of signing.
Section 4: Execution of Required Documentation. The Village Manager and the Village
Clerk shall be, and are hereby, authorized to execute and attest, on behalf of the Village the Agreement
with Chase, in a final form approved by the Village Manager and Village Attorney.
Section 5: Effective Date. This Resolution shall be in full force and effect from and after its
passage by two-thirds of the Trustees and its approval in the manner provided by law.
[SIGNATURE PAGE FOLLOWS]
Resolution 2016-FD-V-LS-R-1591
Approving a Lease Agreement relative to
Rescue Engine
Page 2 of 2
APPROVED THIS 11th day of October, 2016
Gopal G. Lalmalani
Village President
PASSED THIS 11th day of October, 2016
Ayes: Trustee Baar, Moy, Tiesenga, Yusuf
Nays: Trustee Manzo
Absent: Trustee Adler
r
ATTESTS
3E a Charlotte K. Pruss
ux Village Clerk