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HomeMy WebLinkAbout2004-08-16-Resolutions 04-189_Vehicle Purchase - Aerial PlatformTHE CITY OF WAUKEE,IOWA RESOLUTION 04-189 ) APPROVING PURCHASE OF A 2003 EMERGENCY 95 ARTERIAL PLATFORM ON A CII CUSTOM CHASSIS LADDER FIRE TRUCK FROM EDM EQUIPMENT INTHENAMEANDBYTHEAUTHORJTYOFTHECITYOFWAUKEE,IOWA WHEREAS,ChiefSesker,members of the Fire Department,and city staff have reviewed the fire truck proposals and the financing proposals;AND, WHEREAS,Chief Sesker and others ofthe review group recommend purchasing the 2003 Emergency One 95 Aerial Platform on a cn Custom Chassis,Stock #126652 for $595,000 and additional equipment for $30,000 for a total of $625,000;AND, WHEREAS,after review of all financing proposals,the group also recommends accepting the financing proposal from Charter Bank,which has a payout amount of approximately $659,687.50,16 months from date of the Note with a fixed interest rate of 3.70%with tax-exempt status. NOW THEREFORE BE IT RESOLVED by the City of Waukee City Council in session this 16th day of August 2004 that it hereby approves purchasing a 2003 Emergency 95 Arterial Platform on a cn Custom Chassis Ladder Fire Truck from EDM Equipment. Furthermore,the Council approves the financing proposal offered by Charter Bank of Waukee,Iowa in the amount of$625,000 at 3.70%interest on a 16 month Note. 1 I Attest: ROLL CALL VOTE Nicholas C.Gruber Donald L.Bailey,11'. Bill Peard JeffV.Mertz Darlene Stanton AYE X X X X X NAY ABSENT