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Item D12 BOARD OF COUNTY COMMISSIONERS AGENDA ITEM SUMMARY Meeting Date: 5/18/05 Division: Public Works Bulk Item: Y es ~ No Department: Roads & Bridges Staff Contact person: Roy Sanchez/Joe Medallion AGENDA ITEM WORDING: Approval to trade in seven dump trucks and four road tractors and LeaselPurchase four new Mack dump trucks and three new Mack road tractors through the Florida Sheriffs Association and Association of Counties' contractor Nextran Truck Center for the Road Department ITEM BACKGROUND: The seven new trucks, if approved, will be purchased at the contract price plus interest (30 day locked in rate currently 4.36% annually), and "rill be paid for over the next five years with a one dollar payoff after the five-year period. The eleven trucks proposed for trade in are old, worn out, and/or are constantly needing costly repairs. The dump trucks will be utilized primarily for paving and hauling hot asphalt and the road tractors will be used for hauling paving and road/right of way maintenance equipment, Countywide. (Additionally, all seven proposed new trucks win be used for hurricane clean up and other emergency situations as needed). PREVIOUS RELEVANT BOCC ACTION: None CONTRACT/AGREEMENT CHANGES: None STAFF RECOMMENDATIONS: Approval; lease/purchase contract(s) to be presented at the next regular BaeC meeting. TOT AL COST: approx. $458.479.95 over 5 years BUDGETED: Yes No x* *Funds available within the 102 Fund COST TO COUNTY: same (approx. $9L695.99/yr.) 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R~J~ ~utkm of ail in form and $iJb"tat'~. l'wthe tmde ~@fL~I'>tl: A~twF~~ thikxm A~">t O@e!.}@';enl@:@on FM: $295,00 Arrears )l<qsranre Arrears Advance A~.re $, 60 60 60 60 60 + 21 \:lp$ + 21 bps Treai,HJi:{ + 31 Tf~S\1f\;' + 1 i 36hp!$ t,180 3J5i8 Too rams Blft:'! \f~ kif thirty d&!V$ then in!jaxoo to like te1111 Tr€:a.&Joos ail at u~r t~ nWook column of the the lfMJ,a1<' wm d;8flge and il1~ ~ used fOf p~selS ~ and quarterly, for calculatioo tif 2005, OO!N6I'j date W8$ USixL T hal"'Jn/OlJ for me to Qu€'stkms, J)kl:fi!lil'ii cont~ 100 BIt ~d 10 $affl ytmfI:PJsinwS$. 865 3623, ext 4100, !'>.av€ any Sincereiy, L Luna Financial Sales ;"ct ~;:;,c;~-;:>M;?rC;OE ~~w ~aa!~ ~~uno8 aOJuow dvS:P21 SO 82 flj!:>r 27 ~'d 2~30r> Hcccuntln~ ~rd fldm]r 3U5~S33.~'5 April 25, 2005 Monroe County FL i ij: # {l:I; /I ~ a ~ i'; t , ! Ii II i\ ( [ to o~r tfI'* !$ of fu,* tei"ll1S "'t forth below, ~ in Sed1of't 100 of the dioclJmem!@, !n [0,111 aM $MMt~, Mscll: F!fkmCe Monroe Coomv, Florida the ~'s N$!mIiI! {fl ~": W Si!.I~ ;'w.oom: ~Umlil!~~M f~: The rZit~ are valid for r<:JW rare, with 8 tr~ SHJO 31295.00 R.,rnilani ~ .Afrearu ~ M\fI:lnt:.e 60 00 60 + 21 b~ Treasi.HY ... 21 l:}~ .. 31 '" 11 bps T",,~~ 38 bps $ 1,027 :3 ,099 3.,001 -- \'.}u eo 1nil1l!\ indexed ro like t~fm ire~u~ ~ und@r the uWeek U'~ lr,d$:x will mdex rams liSOO ft:lr a."ld For 2005, d~ivenr ~ w~ us-i),l :!ill {If the and U*' q;J%Yte Thank end to 00f1R YOOf bumrM'%:!i$, 865 ex14iOO 1'~~!'tjI L L\.!t>~ S~ies S2,"2:~282[SOEl ~~w ~aatA s~un03 .o~uow !",4 3\ , dgg.2t gO 82 ~d8