To: Board of Supervisors
From: Public Works
Agenda Section: Consent
SUBJECT:
title
Lease/Purchase of One 2019 Gradall XL 3100 V Excavator, Authorization to Enter into Lease/Purchase Agreement and Declare Equipment Surplus (4/5 Vote Required)
end
RECOMMENDATION(S):
Recommendation
That the Board of Supervisors:
1. Authorize the lease/purchase of one Gradall Excavator;
2. Authorize the Purchasing Agent to enter into lease/purchase agreements with Umpqua Bank; and
3. Declare one 1988 Gradall G3WD Excavator as surplus.
Body
SOURCE OF FUNDING:
Roads Heavy Equipment 3540330
DISCUSSION:
The Humboldt County Public Works, Road Heavy Equipment Division is requesting authorization to enter into a lease agreement for one 2019 Gradall XL 3100V Excavator. The 2019 Gradall will replace the existing non-California Air Resource Board (CARB) compliant 1988 Gradall, with CARB compliant equipment. The cost to fix the older unit has progressively increased due to the lack of availability of replacement parts. Should the Board choose to declare the 1988 Gradall as surplus, it will be cannibalized and used as parts for the current fleet. The replacement unit will meet the requirements of the Equipment Fleet On-Road Diesel Emission Regulations mandated by the State of California.
On Oct. 25, 2018, the Public Works Roads Department received one quote from Pape Machinery, a member of the National Joint Powers Alliance (NJPA). Public Works intends to sole source the equipment under the NJPA provision. The total quoted sales price including taxes and fees is $404,363.
Financial Pacific Leasing, Inc., d.b.a. Umpqua Bank Equipment Leasing & Finance, a subsidiary of Umpqua Bank, has financed previous lease/purchases for Humboldt County Public Works, Road Heavy Equipment Division and is the most competitive financing option. The amount to be financed for the Gradall Excavator including the sales tax, shipping, and license fee are not to exceed $404,363 in total. The f...
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