HomeMy WebLinkAbout1995-269
RESOLUTION NO. 95-269
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
RESOLUTION OF THE CITY OF SAN BERNARDINO AWARDING A SCHEDULE
A-2 ADDENDUM TO LEASE PURCHASE AGREEMENT OF ASSOCIATES
COMMERCIAL CORPORATION, FOR THE FINANCING OF 12,000 BLACK 96
GALLON AUTOMATED REFUSE CONTAINERS, TO BE UTILIZED BY THE PUBLIC
SERVICESIREFUSE DEPARTMENT IN ACCORDANCE WITH BID SPECIFICATION
F -95-28.
BE IT RESOLVED BY THE MAYOR AND COMMON COUNCIL OF THE CITY
OF SAN BERNARDINO AS FOLLOWS:
SECTION 1. That Associates Commercial Corporation is the lowest and best responsible
bidder for the financing of 12,000 Black 96 gallon automated refuse containers in accordance with
Bid Specification F-95-28 for the total amount not to exceed $550,000.00 at 5.49% interest
payable six (6) months in arrears over five (5) years; (see schedule attached as Exhibit "A")
pursuant to this determination, the Purchasing Manager is hereby authorized and directed to issue
Schedule A-2 addendum to Lease Purchase Agreement of Associated Commercial Corporation for
said financing of 12,000 Black 96 gallon automated refuse containers to said lowest and best
responsible bidder; such award shall only be effective upon the issuance of a Schedule A-2
Addendum to the Lease Purchase Agreement by the Purchasing Manager; and all other quotations
therefore are hereby rejected.
SECTION 2. The authorization to execute the above referenced Scheduled A-2 Addendum to
Master Lease Purchase Contract of Associates Commercial Corporation is rescinded if it is not
issued within sixty (60) days of the passage of this resolution.
/1/1
/1/1
/1/1
/1/1
July 24, 1995
I
\;"J':.
, ..../~'7!
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
RESOLUTION OF THE CITY OF SAN BERNARDINO AWARDING A SCHEDULE
A-2 ADDENDUM TO LEASE PURCHASE AGREEMENT OF ASSOCIATES
COMMERCIAL CORPORATION, FOR THE FINANCING OF 12,000 BLACK 96
GALLON AUTOMATED REFUSE CONTAINERS, TO BE UTILIZED BY THE PUBLIC
SERVICESIREFUSE DEPARTMENT IN ACCORDANCE WITH BID SPECIFICATION
F -95-28.
I HEREBY CERTIFY that the foregoing resolution was duly adopted by the Mayor and
adjourned
Common Council of the City of San Bernardino at a n regular meeting thereof, held on
the27t~ay of July , 1995, by the following vote, to wit:
Councilmembers AYES NAYS ABSTAIN ABSENT
NEGRETE x
CURLIN x
-
HERNANDEZ x
x
OBERHELMAN
DEVLIN x
POPE-LUDLUM x
MILLER x
July
r; ,,",Iu....l. C'J...IJJ'LIL
City Clerk
The foregoing resolution is hereby approved this l' J-, day of
,1995. r JIAj \
/ t7YV\31_{~~
tOM MINOR, Mayor
City of San Bernardino
Approved as to form and
22 legal content:
23
24
~: ~t2_
James F. Penman,
City Attorney
27
July 24, 1995
28
2
,...--
'C, "___Hm.....__.'...
EYII,h/- 4.
BID SHEET
AUTOMATED REFUSE CONTAINERS
BID: F-95-28
VENDORS BLACK BLUE GREEN BLUE GREEN SPLIT ASSEMBLY/
96 GAL 96 GAL 96 GAL 64 GAL 64 GAL CONTAINER DISTRIBUTION
64 96
'2 Otto Ind, 42,00 42.30 42,30 37.70 37.70 16,50 18.50 2,50
2.15/1500
2.10/2000
'3 Rehrig Pac. 75.00 75.00 75.00 55.00 55.00 15.00 2.50
'5 2am, Inc. 43.45 43,45 43.45 37.70 37,70 - 2.50
'6 Toter, Inc. 42.34 42.34 42.34 36.54 36.54 No Extra 2,40
Cost
17 Rota Ind. 42.95 42.95 42.95 36.95 36.95 - 2.75
2,50 Option
f/- \/-:~
, :/ c- V:7&f
ASSOCIATES COMMERCIAL CORPORATION, MUNICIPAL FINANCING
SCHEDULEA-z"
Lessee: City of San Bernardino, CA
Lease Number: 20972 Amount Funded: $550,000.00
Interest Rate: 5.49 %
Lease Lease
Payment Payment Lease Interest Principal Concluding
Number Date Payment Portion Portion Payment
1 00 - Mar-96 $63,640.50 $15,097.50 $48,543,00 $501,457,00
2 00 - Sep-96 $63,640.50 $13,764.99 $49,875.51 $451,581.49
3 00 - Mar-97 $63,640.50 $12,395.91 $51,244.59 $400,336.91
4 00 - Sep-97 $63,640.50 $10,989.25 $52,651.25 $347,685.65
5 00 - Mar-98 $63,640.50 $9,543.97 $54,096.53 $293,589.13
6 00 - Sep-98 $63,640,50 $8,059.02 $55,581.48 $238,007.65
7 00 - Mar-99 $63,640.50 $6,533.31 $57,107.19 $180,900.46
8 00 - Sep-99 $63,640.50 $4,965.72 $58,674.78 $122,225.67
9 00 - Mar-2000 $63,640.50 $3,355.09 $60,285.41 $61,940.27
10 00 - Sep-2000 $63,640.53 $1,700.26 $61,940.27 $1,00
Totals $636,405.03 $86,405.03 ~550,000.00