Title
Authorizing the Waiving of the Bid Requirement and the acceptance of the Open-End (Equity) Lease for Twenty (20) vehicles for the Police Department from Enterprise Fleet Management under the Master Equity Lease Agreement with Enterprise FM Trust per Resolution 18-2496
Body
Whereas, the Village of Romeoville ("The Village") is a municipality in accordance with the Constitution of the State of Illinois of 1970; and,
Whereas, the Village of Romeoville ("The Village") has heretofore entered into a master lease agreement with Enterprise FM Trust per Resolution 18-2496; and,
Whereas, the Village of Romeoville ("The Village") has heretofore reviewed the Open-End (Equity) Lease Quotes for the leasing of Three (3) 2019 Ford Police Responder Hybrid Sedans and Seven (7) 2019 Chevrolet Tahoe SUV's in the 2019-2020 budget from Enterprise Fleet Management; and,
Whereas, the Village of Romeoville ("The Village") has heretofore reviewed the Open-End (Equity) Lease Quotes for the leasing of Nine (9) 2020 Ford Police Interceptors and One (1) 2020 Ford Pickup Truck in the 2020-2021 budget from Enterprise Fleet Management; and,
Whereas, the Open-End (Equity) Lease includes the majority of equipment necessary to fully equip the vehicles for their intended uses; and,
Whereas, the Village's Police Department has a number of vehicles that have reached the end their useful lives as front line serviceable vehicles and does not provide the features, functionality and reliability needed by the Village to continually operate in an effective and efficient; and,
Whereas, the Twenty (20) vehicles will provide the Village with the features and functionality it desires; and,
Whereas, Enterprise Fleet Management has set forth quotes of 60-month lease terms of approximately ($12,000.00 per month) including Principal, Interest, Management Fees and End-of-Lease Service charges for the ten (10) vehicles leased in the 2019-2020 budget; and,
...
Click here for full text