Kansas City - File #: 230804

• File #: 230804
• Version: 1
• Type: Ordinance
• Status: Passed
• File created: 8/17/2023
• In control: Council
• On agenda: 9/28/2023
• Final action: 9/28/2023
• Title: Sponsor: Director of the Finance Department Authorizing the Director of Finance to accept a proposal of Banc of America Public Capital Corp. ("BAPCC") to finance the acquisition of thirteen ambulances and equipment for the Fire Department (Project); estimating revenue and appropriating $4,999,002.68 in Fund No. 3230, the Equipment Lease Capital Acquisition Fund; authorizing the execution of any and all documents and agreements necessary for the financing; designating requisitioning authorities; authorizing the Director of Finance to close project accounts upon completion; approving lease counsel; and declaring the intent of the City to reimburse itself from the lease purchase proceeds for certain expenditures.
• Sponsors: Director of Finance

Date	Ver.	Action By	Action	Result
9/28/2023	1	Council	Passed	Pass
9/27/2023	1	Finance, Governance and Public Safety Committee
9/14/2023	1	Council	referred

ORDINANCE NO. 230804

title
Sponsor: Director of the Finance Department

Authorizing the Director of Finance to accept a proposal of Banc of America Public Capital Corp. ("BAPCC") to finance the acquisition of thirteen ambulances and equipment for the Fire Department (Project); estimating revenue and appropriating $4,999,002.68 in Fund No. 3230, the Equipment Lease Capital Acquisition Fund; authorizing the execution of any and all documents and agreements necessary for the financing; designating requisitioning authorities; authorizing the Director of Finance to close project accounts upon completion; approving lease counsel; and declaring the intent of the City to reimburse itself from the lease purchase proceeds for certain expenditures.

body
WHEREAS, on June 2, 2020, the voters approved a one-quarter cent (1/4 cent) increase in the Fire Sales Tax, raising the tax from one-quarter cent (1/4 cent) to one-half cent (1/2 cent) for the purpose of meeting the capital needs of the Fire Department. The Fire Department has determined that the replacement of the current fleet of Ambulances is of high priority; and

WHEREAS, the Fire Department plans on replacing twelve ambulances in its current fleet on an annual basis, thus establishing a fleet lifecycle of sixty ambulances over five years. The first twelve ambulances replaced were those with the highest mileage and that contained the most outdated equipment; and

WHEREAS, the City financed the purchase of twelve ambulances pursuant to Ordinance No. 200499 passed by City Council on July 9, 2020 and twelve ambulances pursuant to Ordinance No. 210534 passed by City Council on June 24, 2021 and twelve ambulances pursuant to Ordinance No. 220727 passed by City Council on August 25, 2022; and

WHEREAS, the City desires to finance the fourth purchase cycle of thirteen ambulances through Conrad to replace the current twelve ambulance fleet plus one ambulance replacement from Ordinance No. 200499; and...