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HomeMy WebLinkAboutResolutions - 1998.02.12 - 25351sera MISCELLANEOUS RESOLUTION #98004 February 12, 1998 BY: Finance Committee, Sue Ann Douglas, Chairperson IN RE: CENTRAL SERVICES - LEASED VEHICLES - FLEET EXPANSION OF TWO VEHICLES (MINI PICK-UP TRUCKS) FOR PARKS & RECREATION To the Oakland County Board of Commissioners Chairperson, Ladies and Gentlemen: WHEREAS the Oakland County Board of Commissioners adopted a leased Vehicle Policy through Miscellaneous Resolution (MR) #93230 which was amended by MR #94357 and requires that additional vehicles be approved by the Board of Commissioners; and WHEREAS the Parks & Recreation Commission has requested the addition of two leased vehicles, mini pick-up trucks, to improve operations at the Fridge complex; and WHEREAS the Parks & Recreation Commission has agreed to lease the new pick- up trucks; and WHEREAS $34,000 is required to purchase these vehicles and sufficient funds are available in the Motor Pool fund for the vehicle acquisition costs; and WHEREAS, due to A-87 considerations, lease vehicle rates have been re- duced to less than actual costs in order to comply with fund balance limit- actions, therefore these purchases will result in a net loss to the Motor Pool Fund as detailed on the attached schedule; and WHEREAS, as required by policy, the County Executive's Department of Central Services has reviewed the request and determined it is justified within the policy. NOW THEREFORE BE IT RESOLVED that the Oakland County Board of Commissioners authorizes the expansion of the County Fleet by two vehicles to be assigned to Parks & Recreation. BE IT FURTHER RESOLVED that the FY 1998 and FY 1999 budgets be amended as follows: MOTOR POOL FUND Revenue: 13-661001-00010-0635 Leased Vehicles Expenses: 13-661002-00010-3903 Depreciation 13-661002-00010-4116 Gas and Oil 1998 1999 $3,400 S8,160 $5,100 $10,965 800 1,920 Total Expenses $5,900 $12.885 Estimated Profit or (Loss) $(2.500) $(4.725) Chairperson, on behalf of the Finance Committee, I move the adoption of the foregoing resolution. FINANCE COMMITTEE Projected profit or (loss) for the 48 month period due to the purchase and lease to Parks and Recreation of two S-10 pickup trucks for the purchase price of $17,000 each. Residual value of $1,700 each at the end of the 48 month period. Note: In conformance with A-87_ guideline we are budgeting a net loss of $5,640 during this period. Revenue: 1998 1999 2000 2001 2002 13 661001 00010 0635 Leased Vehicles 3,400 8,160 8,160 8,160 4,760 Expenses: 13-661002-00010-3903 Depreciation 5,100 10,965 7,905 4,845 1,785 13-661002-00010-4116 Gas and Oil 800 1.920 1.920 1.920 1.120 Total Expenses 5.900 12.885 9.825 6.765 2.905 Estimated Profit or (Loss) (2,500) (4,725) (1,665) 1,395 1,855 OP, )%b err Resolution #98004 February 12, 1998 Moved by Douglas supported by Johnson the resolution be adopted. AYES: Douglas, Fracassi, Garfield, Holbert, Huntoon, Jacobs, Jensen, Johnson, Kaczmar, Kingzett, Law, McCulloch, McPherson, Millard, Moffitt, Obrecht, Powers, Schmid, Taub, Wolf, Amos, Coleman, Devine. (23) NAYS: None. (0) A sufficient majority having voted therefor, the resolution was adopted. 11 HEREBY • : 101,T FOREGOING RESOLUTION L Stooks • erson, County Executive Date STATE OF MICHIGAN) COUNTY OF OAKLAND) I, Lynn D. Allen, Clerk of the County of Oakland, do hereby certify that the foregoing resolution is a true and accurate copy of a resolution adopted by the Oakland County Board of Commissioners on February 12, 1998 with the original record thereof now remaining in my office. In Testimony Whereof, I have hereunto set my hand and affixed the seal of the County of Oakland at Pontiac, Michigan this 12th day pf Februakz 1947:1— 06.1 Lynh D. Allen, County Clerk