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HomeMy WebLinkAbout07 APPROVE AGREEMENT WITH ENTERPRISE FLEET MANAGEMENT INC. Agenda Item_______ Reviewed: AGENDA REPORT City Manager_______ Finance Director_______ MEETING DATE:APRIL 7, 2026 TO:ALDO E. SCHINDLER, CITY MANAGER FROM:MICHAEL GRISSO, DIRECTOR OF PUBLIC WORKS SUBJECT:APPROVEAGREEMENT WITH ENTERPRISE FLEET MANAGEMENT, INC. SUMMARY: The City currently owns and maintains a fleet of 196 vehicles assignedto various departments, rangingfrom light-duty sedansandpolice pursuit vehicles tospecialty heavy- duty trucks. To increase flexibility and efficiency of the City’s vehicle acquisition process, staff is recommendingthe City Council approve a Master Equity Lease Agreement with Enterprise Fleet Management. RECOMMENDATION: Recommendthe City Council: 1.Approve the Master Equity Lease Agreement with Enterprise Fleet Management, Inc. and authorize the City Manager to execute necessary documents in support of the Master Equity Lease Agreement on behalf of the City; 2.Authorize the City Manager to approve as-needed lease agreements for newand/ or replacementvehicles identified within theFiscal Year 2025 – 26 approved budget on behalf of the City; and 3.Authorize the City Manager to declare vehicles to be replaced under Enterprise lease agreements as surplus items that arenot required for public use, and approve such vehicles to be auctioned. FISCAL IMPACT: There is no immediate fiscal impact associated with the recommended actions. Each year the various city departmentsoutline their vehicle replacement needs and request appropriate the funding through the annual budget process. A total cost of ownership evaluation will be conducted on each requested vehicle, and a lease or purchase option will be recommended within the annual budget. City Council will retain the discretion and approval of requested replacements to be included in the budget adoption process. City Council AgendaReport Enterprise Fleet Management April 7, 2026 Page 2 CORRELATION TO THE STRATEGIC PLAN: This item contributes to the fulfillment of the City’s Strategic Plan Goal C: Financial Strength. Specifically, this item supports Strategy #3, which among other items, is to identify opportunities to improve cost neutrality. BACKGROUND AND DISCUSSION: As the needs and services of the City continue to growand adapt, staff continues to evaluate new opportunities to reduce costs and create efficiencies. Traditionally, City vehicles arepurchased and maintained by City staffuntil they reach the end of their useful life, at which time they are sold at a local auction and replaced. At times, it may be advantageous for the City to procure select vehicles through a leasing agreement in-lieu of direct purchase. Entering into an Equity MasterLeaseAgreement (Agreement) with Enterprise Fleet Management, Inc. (Enterprise) provides the City with an alternative procurement option, which will reduce overall costs by alleviating high upfront costs and long lead times. Enterprise fleet leasing will also support the City’s efforts and compliance with California Air Resources Board Advanced Clean Fleets (ACF) regulation. Under ACF requirements, and where feasible, the City must ensure new purchases of eligible medium and heavy- duty vehicles are zero-emission vehicles beginning in 2027. Enterprise can assist the City in sourcing and leasing zero-emission vehicles that support this initiative as applicable. Enterprise purchases approximately 1 million vehicles each year as part of their rental car business. Enterprise also holds a cooperative contract with Sourcewell (Contract No. 030122) in which savings are passed on to government agencies through leasing programs. Under the proposed agreement, vehicles are procured through an equity lease plan, a modified financing structure with terms ranging from one to five yearsdepending on departmental needs. Annually, Enterprise will evaluate fleet age, mileage, maintenance records, and potential resale value, providing replacement recommendations based on market trends, local auction results, and a life-cycle cost analysis, which defines how long vehicles should be retained before their resale value begins to rapidly decline. Enterprise’s cradle-to-grave system is long-standing and demonstrates the ability to acquire vehicles under market value and obtain resell values higher than local auctions. As part of an equity lease option, profits from the sale of vehicles are applied to the acquisition of future replacement vehicles, further reducing the City’s cost. Other benefits include: Expedited delivery; Reduced overall age of the City’s fleet and associated maintenance savings; City Council AgendaReport Enterprise Fleet Management April 7, 2026 Page 3 Improvedfuel efficiency; and Modern safety features. Enterprise’s program has no mileage restrictionsandno abnormal wear and tearorearly termination penalties. At the City’s request, Enterprisewillequipvehicleswith aftermarket parts that suit the needs of the requesting department,and all manufacturer warranties are extended to the City. Leasing provides an opportunity to minimize large capital outlays and create a proactive replacement program.The City may elect to buy out and take ownership of a vehicle at the end of the term. The Finance,Public Works,andPoliceDepartments haveworked together to evaluate the proposedlease agreement with Enterprise and support recommending the approval of the Master Equity Lease Agreement with Enterprise. The City Attorney has reviewed the agreementand approved as to form. _____________________ Michael Grisso Director of Public Works Attachment: 1.Master Agreement with Enterprise Fleet Management ATTACHMENT 1 Master Agreement with Enterprise Fleet Management