ROSWELL NEW MEXICO
COMMITTEE AGENDA ITEM ABSTRACT
COMMITTEE AGENDA ITEM ABSTRACT
16.
Finance Committee
- Meeting Date:
- 03/06/2025
COMMITTEE:
Finance
CONTACT:
Elizabeth Nulf
CHAIR:
Robert B. Corn
ACTION REQUESTED:
Consider recommending authorization for the approval of issuing a purchase order to Siddons Martin Emergency Group in the amount of $215,000.00 for a 2003 Ferrara 100' Ladder truck. (Chavez)
- Funding Source - $215,000.00 from the GRT Tax Increase Ordinance 23-10.
- Financial Impact (Revenue & Expenses) Revenue - Cash-Public Safety Fund GL 5500 114100 $215,000.00 and Expense - 55004125 817506 Capital Outlay Vehicles $215,000.00
BACKGROUND:
Initiated by: Chief Steve Chavez
After the floods totaled our aerial platform, we were able to secure a used aerial ladder for rent. The initial payments were being made by NMSIF and as the payouts have come, it is now the responsibility of the City to take over rental payments.
The charge is $395.00/ day. The new ladder truck is expected in 12-18 months.
12 - months rent= $144,175.00
18- Months rent = $216.262.50
We would like to purchase the truck and own it. This will allow us to keep it in our fleet as a reserve for years to come for the same price as paying the rent.
After the floods totaled our aerial platform, we were able to secure a used aerial ladder for rent. The initial payments were being made by NMSIF and as the payouts have come, it is now the responsibility of the City to take over rental payments.
The charge is $395.00/ day. The new ladder truck is expected in 12-18 months.
12 - months rent= $144,175.00
18- Months rent = $216.262.50
We would like to purchase the truck and own it. This will allow us to keep it in our fleet as a reserve for years to come for the same price as paying the rent.
FINANCIAL CONSIDERATION:
- Funding Source - $215,000.00 from the GRT Tax Increase Ordinance 23-10.
- Financial Impact (Revenue & Expenses) Revenue - Cash-Public Safety Fund GL 5500 114100 $215,000.00 and Expense - 55004125 817506 Capital Outlay Vehicles $215,000.00
LEGAL REVIEW:
Has been reviewed by legal.
BOARD AND COMMITTEE ACTION:
Finance Committee will be the first to hear this item.
STAFF RECOMMENDATION:
Staff recommends the purchase of the used ladder apparatus.