HomeMy WebLinkAbout2010 Ordinance No. 011•
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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
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\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 .
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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
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•: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
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