Loading...
HomeMy WebLinkAbout04 POLICE DEPARTMENT VEHICLE PURCHASEDocuSign Envelope ID: EFEBA85B-0515-43D5-BCC9-D47CFOD221 FO Agenda Item 4 DS Reviewed: Q� City Manager Finance Director MEETING DATE: JUNE 18, 2024 TO: ALDO E. SCHINDLER, CITY MANAGER FROM: STU GREENBERG, CHIEF OF POLICE SUBJECT: POLICE DEPARTMENT VEHICLE PURCHASE SUMMARY The Tustin Police Department currently has three (3) leased vehicles in our possession (2021 Toyota Tundra, 2021 Toyota Tacoma, and 2021 Toyota Camry) assigned to the Criminal Investigations Unit and Community Relations Unit. The lease for the 2021 Toyota Tundra matures on July 1, 2024, the lease for the 2021 Toyota Tacoma matures on July 13, 2024, and the lease for the 2021 Toyota Camry matures on July 19, 2024. These three (3) vehicles will need to be retained or replaced due to the needs of the Criminal Investigations Unit and Community Relations Unit. Based on the expected payoff of the vehicles, we would be able to purchase all three (3) vehicles for a fraction of the retail price. RECOMMENDATION It is recommended the City Council authorize: 1. The purchase of the 2021 Toyota Tundra from Toyota Financial Services at the end of the lease, July 1, 2024, in the amount of $38,173.90, including sale tax and DMV fee. 2. The purchase of the 2021 Toyota Tacoma from Toyota Financial Services at the end of the lease, July 13, 2024, in the amount of $28,928.75, including sales tax and DMV fee. 3. The purchase of the 2021 Toyota Camry from Toyota Financial Services at the end of the lease, July 19, 2024, in the amount of $16,256.92, including sales tax and DMV fee. DocuSign Envelope ID: EFEBA85B-0515-43D5-BCC9-D47CFOD221 FO POLICE DEPARTMENT VEHICLE PURCHASE JUNE 18, 2024 Page 2 4. Declare, in accordance with the Tustin City Code — Section 1630a (2), 2012 Dodge Caravan (Unit #3526, VIN - 2C4RDGBG2CR265074), previously assigned to the Gang Unit, as surplus and not required for public use and authorize the sale at the next public auction, crediting net proceeds to applicable City revenue fund. FISCAL IMPACT The total cost to purchase these three vehicles from Toyota Financial Services at the end of their respective leases is $83,359.57. There are sufficient funds in the Fiscal Year 2024-25 proposed budget in the Equipment Fund (Fund 187) to complete the buyout and add them to the Police Department's fleet. It's anticipated that the surplus value of the 2012 Dodge Caravan (Unit #3526, VIN- 2C4RDGBG2CR265074) is $3,000.00. CORRELATION TO THE STRATEGIC PLAN The proposal supports the implementation of Goal B: Public Safety and Protection of Assets: Ensure Tustin is an attractive, safe and well -maintained community in which its residents feel pride. BACKGROUND/DISCUSSION In 2021, the City of Tustin entered into lease agreements with Toyota Financial Services for the 2021 Toyota Tundra, 2021 Toyota Tacoma, and 2021 Toyota Camry. Based on the three (3) year lease agreement, the residual payoff for the vehicles currently valued are $35,397.59 (Tundra), $26,817.40 (Tacoma), and $15,057.00 (Camry). The current condition of the new/used vehicle market shows the value of these vehicles to be approximately $48,894 (Tundra), $40,907 (Tacoma), and $26,561(Camry). Both of these figures were confirmed on May 29, 2024. During the COVID-19 pandemic, dealerships and manufacturers across the nation either closed temporarily or operated at a reduced capacity. This along with the US inflation affected the cost of modestly appointed new retail vehicles. Due to the current state of the new vehicle market, staff is requesting the approval to purchase these vehicles outright, as they are already in our fleet. The purchase of these vehicles could be done at a fraction of the retail price, and without delays normally associated with brand new production vehicles. DocuSign Envelope ID: EFEBA85B-0515-43D5-BCC9-D47CFOD221FO POLICE DEPARTMENT VEHICLE PURCHASE JUNE 18, 2024 Page 3 Unmarked Police Vehicles to be Retained: Unit 3554 2021 Toyota Tundra 18,109 miles Unit 3550 2021 Toyota Tacoma 5,655 miles Unit 3552 2021 Toyota Camry 7,206 miles VPnrinr Toyota Financial Services (Lessor) Cost Breakdown Total Cost Per Vehicle Purchase One (1) 2021 Toyota Tundra @ $35,397.59 CA State Sales Tax @ $2,743.31 CA DMV Fee @ $33 Total Purchase Price: $38.173.90 One (1) 2021 Toyota Tacoma @ $26,817.40 CA State Sales Tax @ $2,078.35 CA DMV Fee @ $33 Total Purchase Price: $28,928.75 One (1) 2021 Toyota Camry @ $15,057.00 CA State Sales Tax @ $1,166.92 CA DMV Fee @ $33 Total Purchase Price: $16,256.92 Grand Total Purchase Price: $83,359.57 Surplus Retired Vehicles All retired vehicles will be considered surplus, and the Public Works Department will dispose of the remaining surplus vehicles at the next available public auction and credit the net proceeds to the applicable City Revenue Fund. =DocuSigned 66 STU GREENBERG Chief of Police EDocu Signed by: �,uis ar(AX 3A22FD���_ LUIS GARCIA City Operations Division Commander