Commissioners Court Meeting
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Meeting Date:
05/08/2023
Enterprise Lease Agreement
Submitted for:
Joe Lopez
Submitted By:
Joe Lopez
Department:
Purchasing
Subject:
Discussion and possible action to approve a lease agreement between Webb County and Enterprise Fleet Management (TIPS #190402) for a 48-month term at an annual cost of $55,236.60 for three (3) leased Police Interceptor vehicles to be assigned to the Webb County Constable Pct. 1 Office and to further authorize the fifty percent (50%) aftermarket equipment payment not to exceed $35,973.00 in accordance with the Texas Local Government Code; Subchapter F. Cooperative Purchasing Program; Sections 271.101 & 271.102 and any other matters incident thereto.
[Account #1001-1130-001-469001-005 (General Fund-Operating Lease Principal)]
Vehicle Description
Qty.
Monthly Lease Rate
Annual Cost
2023 Ford Police Interceptor Utility (Explorer)
3
$1,534.35
$55,236.50
Issue:
On March 13, 2023, Commissioners Court authorized the Purchasing Agent to seek pricing for the replacement of three (3) County owned units (units 14-35, 14-32, and 14-38).
Solution:
Consideration to approve the proposed lease rates to include the aftermarket cost for police equipment. 50% of the aftermarket cost is required to be paid upfront, remainder will be worked into the 48-month term lease rate.
Result:
If approved, the Purchasing Agent will process the order.
Background:
N/A
Previous Court Action:
On 03/13/2023, approval by Commissioners Court for Purchasing Agent to secure pricing for leased units.
Fiscal Impact
Budget Account Number:
1001-1130-001-469001
Funding Source:
Operating Lease
Balance:
$787,154.00
Financial Impact:
1001-1130-001-469001-005 Operating Lease Principal
Balance: $787,154.67
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