City of Providence

Ordinance
24438
Continued with Vote
Jun 13, 2019 5:00 PM

Capital Equipment Budget - $12,500,000.00 Master Lease

Information

Department:City CouncilSponsors:Council President Sabina Matos
Category:*Ordinance

Attachments

  1. Printout

Item Discussion

An Ordinance in Accordance with Chapter 21, Section 19 of the Code of Ordinances of the City of Providence, Entitled “Capital Equipment Budget,” As Amended.

Document Comments

AN ORDINANCE IN ACCORDANCE WITH CHAPTER 21, SECTION 19 OF THE CODE OF ORDINANCES OF THE CITY OF PROVIDENCE, ENTITLED “CAPITAL EQUIPMENT BUDGET,” AS AMENDED

 

Body

SECTION I.  That the City of Providence enter into a lease purchase agreement to finalize the purchase of the following list of capital items of improvements totaling, subsequently in accordance with the attached schedule of estimated payments:

 

              $ 12,500,000 MASTER LEASE                                                        

              Preliminary list of equipment                           

 

                           

 

 

 

Quantity

Price Per

Total Cost

 

Total for Department

PUBLIC PROPERTY

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Electric Vehicles & Charging Stations

TBD

TBD

$500,000

 

 

 

 

Washing Machines

TBD

TBD

$50,000

 

 

 

 

Miscellaneous

TBD

TBD

$961,225

 

 

 

TOTAL PUBLIC PROPERTY

 

 

 

 

$1,511,225

 

 

 

 

 

 

 

 

PARKS

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Skidsteer with Attachments

1

$55,000

$55,000

 

 

 

 

Brush Chipper

1

$85,000

$85,000

 

 

 

 

Stump Grinder

1

$80,000

$80,000

 

 

 

 

Recycle/Trash  Vehicle

1

$80,000

$80,000

 

 

 

 

Hydrostatic Drive Large Volume Leaf Blower

2

$14,000

$28,000

 

 

 

 

4x4 One Ton Dump Truck

3

$63,000

$189,000

 

 

 

 

3/4 Ton Truck

3

$48,000

$144,000

 

 

 

 

Ballfield Groomer

1

$28,000

$28,000

 

 

 

 

11' Zero Turn Hydro Mowers

5

$35,000

$175,000

 

 

 

 

3/4 Ton Van

1

$40,000

$40,000

 

 

 

 

Landscape Trailer,

3

$15,000

$45,000

 

 

 

 

5 Ton Dump 6x6

1

$110,000

$110,000

 

 

 

 

Fork Lift

1

$40,000

$40,000

 

 

 

 

Tow Behind Blower

1

$6,000

$6,000

 

 

 

 

Backhoe

1

$120,000

$120,000

 

 

 

TOTAL PARKS

 

 

 

 

$1,225,000

 

 

 

 

 

 

 

 

PUBLIC WORKS

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Roll-Off Truck (Highway Div)

1

$150,000

$150,000

 

 

 

 

Front Loader (Highway)

1

$130,000

$130,000

 

 

 

 

Chevy Utility Truck w/compressor & railings

2

$45,000

$90,000

 

 

 

 

Plow, Sander, Saddle Tanks

8/8/12

$80,000

$640,000

 

 

 

 

Mattress Shredder

1

$175,000

$175,000

 

 

 

TOTAL PUBLIC WORKS

 

 

 

 

$1,185,000

 

 

 

 

 

 

 

 


RECREATION

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

15-Passenger Vans

5

$35,000

$175,000

 

 

 

TOTAL PUBLIC PROPERTY

 

 

 

 

$175,000

 

 

 

 

 

 

 

 

FIRE

 

 

 

 

 

 

 

 

Air Compressor for SCBA

1

$130,000

$130,000

 

 

 

 

Portable Radios Grant Match

1

$90,000

$90,000

 

 

 

 

Ladder Truck Grant Match

1

$169,000

$169,000

 

 

 

 

14' Inflatable Boat

1

$15,000

$15,000

 

 

 

 

SUV Medical In-Service Support Vehicle

1

$45,000

$45,000

 

 

 

 

Pumper Truck

1

$600,000

$600,000

 

 

 

 

Radio Upgrades

250

$9,450

$2,362,500

 

 

 

TOTAL FIRE

 

 

 

 

$3,411,500

 

 

 

 

 

 

 

 

PEMA

 

 

 

 

 

 

 

 

SUV  Emergency Management HQs

1

$43,000

$43,000

 

 

 

 

EOC Computer Upgrade

39

$1,000

$39,000

 

 

 

 

PEMA Operations Computer Upgrade

10

$1,000

$10,000

 

 

 

TOTAL PEMA

 

 

 

 

$92,000

 

 

 

 

 

 

 

 

POLICE

 

 

 

 

 

 

 

 

BCI Van

1

$50,000

$50,000

 

 

 

 

Narcotic Vehicle

1

$15,000

$15,000

 

 

 

 

Patrol Cars

15

$50,000

$750,000

 

 

 

 

Detective Vehicles

10

$30,000

$300,000

 

 

 

 

Commercial Enforcement

1

$45,000

$45,000

 

 

 

 

Radio Upgrades

575

$5,477

$3,149,275

 

 

 

TOTAL POLICE

 

 

 

 

$4,309,275

 

 

 

 

 

 

 

 

COMMISSIONER

 

 

 

 

 

 

 

Computer Upgrades

66

$1,000

$66,000

 

 

 

TOTAL COMMISSIONER

 

 

 

 

$66,000

 

 

 

 

 

 

 

 

COMMUNICATIONS

 

 

 

 

 

 

 

Microwave Radio Upgrade

1

$300,000

$300,000

 

 

 

 

CAD Dispatch Upgrade

1

$225,000

$225,000

 

 

 

TOTAL COMMUNICATIONS

 

 

 

 

$525,000

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

TOTAL MASTER LEASE

 

 

 

 

$12,500,000 

                                                                     


SECTION II.  This ordinance is an affirmative action of the City Council of the City of Providence toward the issuance of the lease purchase agreement in accordance with the purposes of the laws of the State of Rhode Island.  This ordinance constitutes the City’s declaration of official intent pursuant to Treasury Regulation Section 1.150-2 to reimburse the City’s General Fund for certain capital expenditures for the leased equipment paid on or after the date which is sixty (60) days prior to the date of this ordinance, but prior to the issuance of the lease purchase agreement.  Such amounts to be reimbursed shall not exceed $12,500,000, and shall be reimbursed not later than eighteen (18) months after (a) the date on which the expenditure is paid, or (b) the date the Project is placed in service or abandoned but in no event later than three (3) years after the date the expenditure is paid.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Meeting History

May 2, 2019 7:00 PM Audio/Video City Council Regular Council Meeting
draft Draft
RESULT:REFERRED
May 7, 2019 5:00 PM Audio/Video Finance Committee Regular Meeting
draft Draft
RESULT:CONTINUED WITH VOTE [UNANIMOUS]
MOVER:Helen D. Anthony
SECONDER:James E. Taylor, Councilman
AYES:John J. Igliozzi, Jo-Ann Ryan, Carmen Castillo, Helen D. Anthony, James E. Taylor
May 9, 2019 5:00 PM Audio/Video Finance Committee Regular Meeting
draft Draft
RESULT:CONTINUED WITH VOTE [UNANIMOUS]
MOVER:Jo-Ann Ryan, Vice-Chairwoman
SECONDER:James E. Taylor, Councilman
AYES:John J. Igliozzi, Jo-Ann Ryan, Helen D. Anthony, James E. Taylor
ABSENT:Carmen Castillo
May 13, 2019 5:00 PM Audio/Video Finance Committee Regular Meeting
draft Draft
RESULT:CONTINUED WITH VOTE [UNANIMOUS]
MOVER:Jo-Ann Ryan, Vice-Chairwoman
SECONDER:James E. Taylor, Councilman
AYES:John J. Igliozzi, Jo-Ann Ryan, Helen D. Anthony, James E. Taylor
ABSENT:Carmen Castillo
May 14, 2019 5:00 PM Audio/Video Finance Committee Regular Meeting
draft Draft
RESULT:CONTINUED WITH VOTE [UNANIMOUS]
MOVER:Jo-Ann Ryan, Vice-Chairwoman
SECONDER:Carmen Castillo, Councilwoman Ward 9
AYES:John J. Igliozzi, Jo-Ann Ryan, Carmen Castillo, Helen D. Anthony, James E. Taylor
May 15, 2019 5:00 PM Audio/Video Finance Committee Regular Meeting
draft Draft
RESULT:CONTINUED WITH VOTE [UNANIMOUS]
MOVER:Jo-Ann Ryan, Vice-Chairwoman
SECONDER:James E. Taylor, Councilman
AYES:John J. Igliozzi, Jo-Ann Ryan, Carmen Castillo, Helen D. Anthony, James E. Taylor
May 20, 2019 5:00 PM Audio/Video Finance Committee Regular Meeting
draft Draft
RESULT:CONTINUED WITH VOTE [UNANIMOUS]
MOVER:Jo-Ann Ryan, Vice-Chairwoman
SECONDER:James E. Taylor, Councilman
AYES:John J. Igliozzi, Jo-Ann Ryan, Carmen Castillo, Helen D. Anthony, James E. Taylor
May 21, 2019 5:00 PM Audio/Video Finance Committee Regular Meeting
draft Draft
RESULT:CONTINUED
May 22, 2019 5:00 PM Audio/Video Finance Committee Regular Meeting
draft Draft
RESULT:CONTINUED WITH VOTE [UNANIMOUS]
MOVER:Jo-Ann Ryan, Vice-Chairwoman
SECONDER:James E. Taylor, Councilman
AYES:John J. Igliozzi, Jo-Ann Ryan, Carmen Castillo, James E. Taylor
ABSENT:Helen D. Anthony
May 28, 2019 5:00 PM Audio/Video Finance Committee Regular Meeting
draft Draft
RESULT:CONTINUED WITH VOTE [UNANIMOUS]
MOVER:Jo-Ann Ryan, Vice-Chairwoman
SECONDER:James E. Taylor, Councilman
AYES:John J. Igliozzi, Jo-Ann Ryan, Carmen Castillo, Helen D. Anthony, James E. Taylor
Jun 3, 2019 5:00 PM Audio/Video Finance Committee Regular Meeting
draft Draft
RESULT:CONTINUED WITH VOTE [UNANIMOUS]
MOVER:James E. Taylor, Councilman
SECONDER:Helen D. Anthony
AYES:John J. Igliozzi, Jo-Ann Ryan, Helen D. Anthony, James E. Taylor
ABSENT:Carmen Castillo
Jun 4, 2019 5:00 PM Audio/Video Finance Committee Regular Meeting
draft Draft
RESULT:CONTINUED WITH VOTE [UNANIMOUS]
MOVER:Jo-Ann Ryan, Vice-Chairwoman
SECONDER:Helen D. Anthony
AYES:John J. Igliozzi, Jo-Ann Ryan, Carmen Castillo, Helen D. Anthony, James E. Taylor
Jun 5, 2019 5:15 PM Audio/Video Finance Committee Regular Meeting
draft Draft
RESULT:CONTINUED WITH VOTE [UNANIMOUS]
MOVER:Jo-Ann Ryan, Vice-Chairwoman
SECONDER:James E. Taylor, Councilman
AYES:John J. Igliozzi, Jo-Ann Ryan, Carmen Castillo, Helen D. Anthony, James E. Taylor
Jun 10, 2019 5:00 PM Audio/Video Finance Committee Regular Meeting
draft Draft
RESULT:CONTINUED
Jun 13, 2019 5:00 PM Audio/Video Finance Committee Regular Meeting
draft Draft
RESULT:CONTINUED WITH VOTE [UNANIMOUS]
MOVER:Jo-Ann Ryan, Vice-Chairwoman
SECONDER:Helen D. Anthony
AYES:John J. Igliozzi, Jo-Ann Ryan, Carmen Castillo, Helen D. Anthony, James E. Taylor