Laserfiche WebLink
CITY OF COLTON <br />AGENDA REPORT <br />FOR COUNCIL MEETING OF FEBRUARY 3, 1998 <br />TO: HONORABLE MAYOR & CITY COUNL <br />APPROVAL: HENRY T. GARCIA, CITY MANAGER <br />FROM: ANNA A. VEGA, FINANCE DIRECTOR Dr I <br />SUBJECT: ADOPT THE ATTACHED RESOLUTION TO ENTER INTO A THREE-YEAR LEASE <br />CONTRACT FOR A VEHICLE FOR THE CITY MANAGER WITH GMAC LEASING <br />FOR A MONTHLY AMOUNT OF $449.00 <br />DATE: JANUARY 26, 1998 <br />BACKGROUND <br />At the City Council meeting of January 13, 1998, the City Council approved Resolution No. R-01-98 <br />appointing City Manager, Henry T. Garcia, and setting his compensation. Exhibit A, Section 4.B of the <br />contract states that the City Manager shall be provided an automobile for his exclusive use. <br />DISCUSSION/ANALYSIS <br />Staff solicited quotations for a three-year lease of a 1998, Buick La Sabre. Proposals were received <br />from the following vendors for a 36 -month lease: <br />VENDOR: MONTHLY PAYMENT <br />1. Reynolds Buick, GMC, Covina, CA $ 449.00 <br />2. Hatfield Buick, GMC, Redlands, CA $ 483.09 <br />3. Paul Reed Buick, GMC, San Bernardino, CA $ 499.00 <br />ALTERNATIVES <br />None <br />FINANCIAL IMPACT <br />Funds are available in the City Manager's budget. <br />ENVIRONMENTAL IMPACT <br />None <br />RECOMMENDATION <br />Staff recommends Council adopt the attached resolution to enter into a three-year lease contract with <br />GMAC Leasing, c/o Reynolds Buick, GMC for 36 months in the amount of $449.00 per month. <br />Report prepared by Mary J. Milroy, Purchasing Coordinator <br />Attachments: None <br />Page 1 of 1 <br />Item # I I <br />