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File #: RES20-3005    Version: 1 Name:
Type: Resolution Status: Passed
File created: 9/30/2020 In control: Village Board
On agenda: 10/7/2020 Final action: 10/7/2020
Title: Authorizing the Waiving of the Bid Requirement and the acceptance of the Open-End (Equity) Lease for Ten (10) vehicles for the Police Department from Enterprise Fleet Management under the Master Equity Lease Agreement with Enterprise FM Trust per Resolution 18-2496
Sponsors: Ken Kroll
Title
Authorizing the Waiving of the Bid Requirement and the acceptance of the Open-End (Equity) Lease for Ten (10) 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 One (1) 2021 Chevrolet Tahoe SUV and Four (4) 2021 Ford Police Interceptors in the 2021-2022 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 One (1) 2022 Chevrolet Tahoe SUV and Four (4) 2022 Ford Police Interceptors in the 2022-2023 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 of their useful lives as front-line serviceable vehicles and does not provide the features, functionality and reliability needed by the Village to continually operate effectively and efficiently; and,

Whereas, the Ten (10) 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 ($6,100.00 per month) including Principal, Interest, Management Fees and End-of-Lease Service charges for the five (5) vehicles leased in the 2021-2022 budget; and,

Whereas, Enter...

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