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 $35,905.56 for five (5) vehicles to be assigned to the Webb County Community Action Agency and Road and Bridge Departments and in accordance with the Texas Local Government Code; Subchapter F. Cooperative Purchasing Program; Sections 271.101 & 271.102 and authorizing the County Judge to sign all relevant documents; and any other matters incident thereto. [Account #1001-1130-001-469001-005 (Operating Lease Principle)]
Dept. Name
Vehicle Type
Term
Qty.
Lease Mo. Pymt.
PM Mo. Pymt.
Annual Cost
Road & Bridge
2021 Ford Transit 250 Cargo
48
2
541.97
39.77
13,961.76
Economic Dev.
2021 Ford Transit 150 Crew
48
3
571.42
38.13
21,943.80
Total Annual Cost
$35,905.56
Issue: The Webb County Community Action Agency and the Road and Bridge Department are requesting three (3)cargo vans and two (2) utility vans respectively under the county vehicle lease program.
Solution: Secure permission from Commissioners Court and order lease vehicles as presented.
Result: If approved, the department(s) will have enough vehicles available to perform necessary day-to-day operations without interruption.
Background:
N/A
Previous Court Action:
N/A
Fiscal Impact
Budget Account Number:
1001-1130-001-469001
Funding Source:
Operating Lease
Balance:
$1,522,843.00
Financial Impact:
Account No. 1001-11300001-469001-005 Operating Lease Principle
Available Balance: $1,522,843.00