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HomeMy WebLinkAbout2010 Ordinance No. 011• • • ORDI NANC E N . jj_ SFRJES or cOIO BY A Tl! RITY CO N IL 131LL NO. 4 rNTR DU CED BY COUNC IL MEM BER GILLIT /O LS ON A EMERGEN CY ORDI ANCEO FTHEC ITY OF FN °LEWO OD WIii II AME 'DS RD! AN CE NO. 20, SE RIE S OF 2009 REGA RDI NG T l IE LEA SE-PUil I !ASE F CE RTAI EQ IP IE , IT FOR C ITY DE PART IENT .. WI IER!::AS. the City of Eng lewood , Co lora do (the "C it y"'), is a home rul e muni cipa ht y of the State of Co lorad o (the " tatc") dul y orga ni ,cd and opera 11ng under the I lome Rul e Chart er of th e City nnd th e Const ilu tion and lnws of the tate ; and WHEREAS. pursua nt to Ordinan ce No . 20, Series of 2009 which passed on final reading on Ma y , 2009 (" rdin nnce No. 20"), the Cit y Coun ci l of th e Ci ty (the " ity Coun cil ") appro ved th e lease• purchase of certai n ·•Fire Dcpa nment Equipment" for an amount not to exceed $330,000 and th e "lnfo n11a1 10 n Technology and Police Dcpnnmcnt Equipme nt '' for an amount not to exceed $625 ,000, as m re spcc1fica ll y prov ided in Ordmancc o. 20 (cap itali zed tcnns used in thi s Ordinance but not ot herwise define I or rc:dcfmcd ht:rcin shall ha ve the mennir ts se t forth in Ordmn ncc No . 20): and \VI !Ell.PAS. si nce the ndopli on of Ordinance o. 20, a signi fica nt po11ion of the Equipment ha s bee n ncqmrcd through non-lease fu nding sources and the mnial lea se-p urch ase prop os al to be funded pursua nt 10 Ordi nance n. 20 has expired: and \VI I ER LA S. certa in of the l11 format1on Tcchnolob') and Pol ice Dcpartmcnt Equipm cnt in an amou nt ·1 01 grcntcr than 350.000 remains to be finnnced and nn alt ernat e \case-purcha se pro pos al has been received by th e Cit y; and 11 b i \VI I ERFJ\S. pursu ant to an alt crn :ll c Lcasc/Purch asc .•\grcc mc.:nt and related doc uments rece ntl y prc.:sentccl to the City (collccuvely. the.: "Lease J\grcc mcnt s''). CAFCO Leasmg LLC. a olor.ido lim ited habiln y company, a~ lessor. ts to lease th e lnfunn:nion Tcch nology and l'ohcc Department Equipmclll spcc1fic:1 ll y 1cl c11tifi cd 111 th e Lea se J\grccmc.:nt s fo · '·Lease P:1y mcnts" (sci forth in an cxhihll 10 Lease Agreements and defi ned 111 Ordinance o. " · ,,s Rental Payment s) which arc subj ect lo annunl .1pprnpriat1 \11\ by the t'tty ('t,undl· a11c\ WI 11 ·1 I J\S. thl· ( '11, t ·uuncil i,._ dl":,;1ro11.., of 1c.1ut!mr111ng and <l·rc\.':llllV, the llansaction dcscnhccl •o w, rlll·l(l •HlRI·. Il l ' II l)l(IJAINl·IJ I\\' 111 1; L'II' L'llll l'II 01-1111 lTIY OF I·. (,I l·\\'OOJJ, t ·n 1 I ll(AllO. AS HlLI O\VS : Sl'l'li o11 I. ,\111 cml111 cn l uf St·r tion I of Onli111111 ct• No. 20. ScctHm I of Ordin:m cr \). ::!O is huchy amL-mlcd m rc:u l :is foll ows: ll1c City (.'ou nct l hereby approve~ 1hc lea !'lc-pun.:ha :-.c of the lnlo1111.1tton I cchno logy :1ml Poli ce Dcpartmc111 Fqu1mm:nt 1dcntificd Ill the I cas<.' Agreement s for ,m aggregate mnount ml\ 10 cxtcl'd $350, 00. with annu al aggn.:gntc paym ents 1101 to c.,i.:ccd 'ii I ::!8,000 and lease terms wlm:h shall 1101 extend hcyond calendar year 2013. I he Cit) '"'o lmc1I hcn:hy reaffirms 11s clch.:gatum 10 the ~layor. or 111 the ahscncc th ereof. th e Mayor Pm I cm. of authorny to dc1crminc the ncl cfTcc11vc ra1c for 1hc \c:,sc-purchosc financm~. which rate shall no\ be in excess of 4.75% per annum. an d • the ftnal amount. of the Lease Agreements. Secti on 2. Rcnmrmntion of Ord in nncc o. 20 . The Cny Council hereby rca rfinns the ;1uthon1.:1ti o n, dccl;1raticms, findings and dctcrmin;tt1,11, .... :-.ct Co11h in Ordinance NCI 10, cxccpl as amended pursua nl to Soctiun I oftl11 s Ordimmcc Sccliun 3. Emcrj!Cll ty dcc l:1rntio11 r·ul Effe cti ve-Dat e. It i!-1 necessary to amend Ordinance No. 20. which wa s adopted with a 30~day effective date in 2009, to provide for alternate Lease Agrccmcms ns set forth in thi s Ordinance. In order Hl enable the purchase of th e Information Tt..-chno logy and Police \J cpat1mcn 1 Equ1p111cn1 \0 proceed pursuonl 10 1he currcnl pwposal which expires April 8, 2010. Th e i1y Co uncil hcrchy finds and dcwnnmcs th:\t tins Ordinance is necessary for the immediate preservation or public propct1y. heahh . pc;1ce and safely. This Ordinance shall be effective immcdia1cly upon lino\ passa •c and be published w:t h1n seven day s after finnl pass3gc. Int roduced, read in fu ll , and pa ssed on first reading on the 111 l,ay or Mmch , 2010. Publi shed as a Bill for an Ordinnncc on the S1h day of March, 2010. l'uhli shcd ns n Bill for an Orcl111n11cc on the Ci1y·s orticial wcbsi 1c beginnin g. on the 3 rd day of Mnrch. 20 10 for 1h 1rty (30) cla ys. A111 cndccl, rc111ll'oduccd as a1m:nded. re;1d ,n lull. and pa ssed as amended on firs! rcachng on the :!:!ml d.1y o f March. 2010. l1uhhsl11..·d as :m ame11clcd l\ill for ,m cmcrgcm:y l )rdma11cc 1m thc '.!.hlh day of Ma1ch, :!O 10. l'uhlishcd a~ :111 amcndccl l\ill for ml emergency C }nli11a11cc on the t·u~ ·s 11rlil:111I wchsitc hcgmning on 1he 2·1'1 day of Mar ch. 20 10 for1hit1y ('.10) clays . Rl:ad il~ an cmcrg,cncy Ordinance b)1 111k ,11ll l pa ssl.·d on final rcmling on th t.: 5th cla y of Apnl. Puhli shcd as illl cmcrgcnc)' Onl111anr.:c hy \!tic Ill the C11y 's ,,!Tidal newspaper as Ordmancc No. // . Scncs of '2010. on the C)1h d.ty t f Apnl, '2010. Puhhshcd :1:-. ,Ill c1111.'.1~~1u.:) 01d111;1ncc hy title 011 the Cny·.., ,,lfo.:ia l wcb.:itc bc·P innin)! on th e 71 h <la) t1 I \p11l . ::o 10 h11 thin~ ( HI) days . • • • • • I, Louc ri shia A. Fllis, Cit y Clerk of the City of Eng lewood, Co lorn do, he reby certify that the nbovc and for ego in g is a true copy of th e emergency Ordmancc passed on fin al reading and publi shed by 11tl c as '""'""~''' u . """"'"" ~ oucrishia A. Ellis • • • •:OUNC!L COMMUN ICAT IO Date: Age nd a It em: Subj ect: ~\arch"~· "010 J 1 a I -\ Bill ior an Fmeq.:erlL\ 01U1nan1.1:: amendin~ Ordina nce ::!O, Se ri e!!. 0 1 .::!009 reg.ird111~ th e Lea1ie• Purcha~e n1 [qu1pm2-nt tor it\ Depc:lr llllell lS Initi a ted By: Finance and Administrati\'e S n ices Department I Staff So urce: Fr.111~ Gr, git>\\ tLZ, D1re1 ·tor COUNCI L GOAL AND PRE VIOUS COUNCIL ACT ION Cit\ Counci l previ ous!\ disnissed leasing se .i con tain ed br eo.::1 ng apjlaratu s (SCBA) quipment, poli ce tac tical\ es ts, and a\ 01ce 0\ er internet prolocol (\'OIP1 , 1eleplh,1 1e s, stem at th e ::!00q Budget Retreat. On \\a, 8. :!OLl<J, 11, Council pJ!:>Sed 011 tmal reMl1ng Ord1n.mce ::!O , Serie!> 01 ::!OOq ,, hich approved th e lease-purc has t' ot eq uipment 1or ,.mou!:> 11, 0 1 rn~lt'\\ood clt•partmen t~. n /\larch \, ~010. (1 1, Cmmetl ,,pprO\nl Olllltil 13111 ,u111lw1 -1 ,11m•11<h r1g 0 1d1n~111ce ~0 . Seripc, 0 1 ~009 . RECOMMENDED ACTI ON Stan reconrn h.md!t th .. tt 1I\ m111d l .1ppro, t.' th t' ,1 tt alht:'d hill 1or ,m e11 1t-rgl•nc., ord1 P,1nc.P anwndin g Ord111ance ~( Serrt>s ()I ~009. BA KGROUND, ANALYS IS, AND ALTER NATIVE S IDENTIFIED Th e ori g1n,1l hill ror ,111 ordin,mte ,nclurled eqt11 pn11 ... n1 tor le,1..,e•p LH c.hJ!,t' th ,11 ,,,h !,Ub~l•quenth tun,l~d L, ntlwr ~ourc.•u, n1 tlw rrojt•{ t., \\Pri' ,1h,111dfl111•d IP ,1,in~ onh m1orrn,1111m 1rd111olng,- rel,1tL•d L~quipmen t ,uhw< I to lt'aGt:>·purL l1<1st'. Thi-. bi111q1 ,1n tl nlt'n~Pnc., ordi n.,rK<• ,1n1Pncl, ti lt' 01d111,rnu • ~o. t>lh::, 11 :!OIJU hut !t l1 II ,1ll c1\\S the Cm to ll•,1',t:' nurc.11.1-.t• ru•t•rft'd 1111rnm,11um It•< hrwlm1,, l'qu1pmt·nl ,rnd 1 lll"il'r\t'" 11-. 1 .1p 11,11 ,ind 1,1k t'"i ,1Ch .1111 ,,~c.· 01 l,l\\ 1n1t•re!,I r,1tt.1!t This bill 1!> p1 ese n1 ed 10 (I!, Cmmul ,l!i ,111 t'llll'f~t·ill, 10 prnh 'l l tilt' C,n ,1g,1111,1 t:1,pl'C tt•d 111 IL'IP!t l ra tt' dhrnge!t Th e Ci n c•,pec l!t to dost· on thl !t IP,bl' ,11 lilt> t•ncl 0 1 \\,11 h. i\ \0\ mg th !;) do!ttng u p "ill 111sure esti m ated interes t r;ite~ ,He p,t~\t'r\ t•d JI 1lw1r ,el,111, t>I\ ltl\\ It•\ L'L FINANCIAL IMPACT Thi s ac ti on preserves a low in teres t ra te not to exceed 4.i5 perce nt. The annual prin cip al and int erest pay ment s ove r the term of th e lease will not exceed S 128,000. Th e total prin cipa l pa id wi ll not e,cee d $350,000 and II ill 110 1 ,tend beyo nd ca lendar yea r 10 13. UST Of ATTACHl-1t NTS Propo sed Hil l fo r an Em erge ncy O rd inan ce • • •