ORDER hlCl. ~~31E i Ai=~F~RGVAL Off' RGAD ArdD NRIDGE DE4=~ARTMEhI"f "fG F='URCHASI=_ F~ L:IVk BO'TTGM I~UME~ l"RA:[I_ER I]n this tF~e ~_~3th day of Febr~_~ary ].~39E~ ~_~poT~ mmti.vn made by Gnmmissioner Nc~l~=I~amp, seconded by C,ommirasinner~ I...ackey the Co~_i~=t ~.inanimously approved by a vote of ~-~-@, to accE~pt the rec:ommendat i on ~f Qpt i an di::' from the Road and Hr^idge Depar-•tmen~G tc~ p~_~rchase live ttiottom d~_tmp tr'ailer'. COMMISSION .ERS' COURT AGENDr, i~EQUEST * PLEASE FURNISH ONE ORIGINAL AND FIVE COPIES OF THIS REQUEST AND T MADE 8Y: Leoneird Odom, Jr. OFFICE: Road & Brid4e Department MEETING DATE: Feb. 26. 1996 TIME PREFERRED: SUBJECT:(PLEASE BE SPECIFIC): Consider lease/purchase of a live bottom dump trailer. EXECUTIVE SESSION REQUESTED: YES NO XX PLEASE STATE REASON: Consider lease/purchase of trailer ^STIMATED LENGTH OF PRESENTATION: 10 minutes PERSONNEL MATTER -NAME OF EMPLOYEE: NAME OF PERSON ADDRESSING THE COURT: Leonard Odom. Jr. Time for submitting this request for Court to assure that the matter is posted in accordance with Title 5, Chapters 551 i~ 552 of the Government Code is as follows. Meetings held on first Monday: 5:00 P. M. previous Tuesday Meetings held on Thursdays: 5:00 P.M. previous Thursday THIS REQUEST RECEIVED BY: THIS REQUEST RECEIVED ON: Cad All Agenda Requests will be screened by the County Judges Office to determine if adequate information has been prepared for the Court's formal consideration and action at time of Court meetings. Your cooperation will be appreciated and M~+~4•y- ~ yards your request being addressed at the earliest opportunity. See Agenda Request Guidelines. ~.)~ ~~: ~~~ Il~c~lrlr ~®~Im~~ Ili®~.~ ~ ]~lr~~l~c~ 4010 San Antonio Hwy. Kerrville, TX 78028 (210) 257-2993 FAX (210 896-8480 TO: Commissioners' Court FROM: Leonard Odom, Jr., Road Administrator DATE: February 20, 1996 RE: Live Bottom Dump Trailer Our 1995-96 Capital Outlay Budget allowed for a Live Bottom Dump Trailer. After an exhausted search, all I have been able to find is a 22 year old, Flow Boy for $9,000. If we purchase this trailer, it will need some immediate repairs, and may require high cost maintenance in the future. A new 1996 Red River, Model-LB237 is $34,300. We now have $16, 618.99 in our 95-96 Capital Purchase Budget Line (15-611-570). Using the funds we have available, we could lease the new trailer for 7 months ($13,612.17), and consider the purchase at budget time. It would have a full warranty and should require no maintenance. °^ I ask the Court to consider the attachments and give me some direction. Summary of our 95-96 Capital Purchases Specifications Sheet for 1996 Red River, Model -LB237 Lease/Purchase Proposal from Municipal Finance R&B Capital Purchase 'r-611-570 -!96 """ ~ Num 10/1/95 10/12/95 10/12/95 10/12/95 11/6/95 11/17/95 12/4/95 1/2/96 1/4/96 1/10/96 3/16/96 Page 1 Payee Memo Category Amount C Balance Opening Balance [15-611-570] Cooper Equipment rental/pur... Capital Pu... Kerrville Cars ~ Truck 88 Ford/RB... Capital Pu... Kerrville R.V. ~ Tru... 84 Ford/RB... Capital Pu... Wal Mart Tools Capital Pu... GSC analyzer Capital Pu... Crenwelge Motors 88 GMC/RBU 61 Capital Pu... Quintanna Chainsaws Capital Pu... Quintanna Weedeaters Capital Pu... Henke's Inc. radios Capital Pu... Hendrix Truck Sales 8 yd Dump Capital Pu... 93,150.00 x 93,150.00 -9,249.75 83,900.25 -8,915.97 + 75,484.28 -6,362.06 + 69,122.22 -867.80 * 68,254.92 -250.00 + 68,004.92 -6,512.68 61,491.74 -1,092.28 60,399.96 -1,235.22 59,164.24 -2,740.25 56,423.99 -39,805.00 16,618.99 OF ANC. 1 ZZZ Hallmark ~S~n Antonio, TX. 7821& 800-377-6415 21 o-s49-349A FaX 2tas4s-e7o~ NEW EQUIPMENT QUOTE/ORDER ACKNOWLEDGEMENT FEBRUARY 15, 199b TO KERR COUNTY ROAD & BRIDGE ATTN MR. LEONARD ODEM FROM - MARVxN Mt=TWVIN/STEVE XIMENEZ SUBJECT: 1-1996 RED RIVER LIVE 80TTOM DUMP TRAILER MODEL-LB237 SPECIFICATIONS= -- OVERALL LENGTH: 41' 9" OVERALL HEIGF3T: 8' 6" KING PIN TO GENTER OF LAST AXLE= 3r" CAPACITY 20 CUBIC YARDS WATER LEVEL TRANSPRO MODEL. S@ TANDEM AXLE 3-LEAF' SUSPENSION ROCKWELL 2,500 LB. AXLES WITH OUTBOARD BRAKEDRUMS ~ STEEL HUBS TIRES: 11R 24.5 BRIDGE570NE R--194 G ON STEEL 10-HOLE DZ5C WHEELS LIVE FLOOR~-CHAIN W/ CONTINUOUS BELT (HEAT ~ OIL RESISTANT) SUPPORTED BY STEEL SLATS WITH DIRECT HYDROSTATIC DRIVE PIN STYLE LANDING GEAR ONE COLOR PAINT (WHITE ) 6" WOOD/STEEL BIN WALL EXTENSIONS DRANK AND GO TARP INSULATION/GALVANEEL SHEETING HYDRAULIC TAP CHAIN OILER ASSEMBLY STEEL FRONT RENDERS/MUDFLAPS INCLUDED APPROX I'MATE WEIGHT : 15 , 739 LBS ( + OR - 3x ) F.O.B. SAN ANTONIO, TEXAS. PRIDE FOR NON-TAXAl3l.E GOVERNMENT ENTITY: X34,300.00 /) ' ~ ~L - __...._...._...~._..._._..r _ ..,... ....._... KERR COUNTY ROAD AND E3RIDGE TRAIL TRADE TEXAS, INC. Z0'd L0G66bE0LZ=QI 9i'8L •96-Z0-9T . LEASE/PURCI-tA$E t=tNANCtNG PROPpSAL FOR KERR C~3UNTY. TEXAS PROPOSAL# 23Y06 OPTION #f QPTION #2 Payments In Advance In Advanco Number of Payments 8 8 Paymen# Timing Monthly Monthly Payment Amount 2 ~ $3,024.91, $4,336.15 5 (~ $1,512.45, 1 (~ $21,423.fi4 Payment Factor N/A 0.127534 Underwriting Fee $300 paid on $300 paid on execution of execution of documents documents Total Amount Funded $34,000.00 $34,000,40 Annual Percentage Rate' 6.93°~, 6.9396 "This quote is for budgetary purposes only. Actual rates will be based upon market and delivery. - Dt)CUMENTATIQN AND FUNDING MUST BE COMPLETED BY MAY 31, 1996 QUiPMENT DESCRIPTION DESC IPTIQN MANUi=ACTt~RER QTR iV Y EQUIP ILIIENT CAST New Trailer ~ 04/1996 $34,000,00 TATAL EQUIPMENT COST AFTER DQWNiTRADE $34,000.00 The above financing has been arranged by The Associates, for submission to: K~L~un ,Texas This proposal is for financing only and is subject to: 1. Completion of mutually acceptable documentation substantially in the form of the enclosed sample documents. 2. A review of the proposed essential use of the equipment and a final credit approval for Kerr County, Texas, prior to funding. 3. No material adverse change in the financial Condition of Kerr County, Texas, prior to funding. ..,. 14/96 4:16 pM Page 1 of 2 LEASE/PURCHASE FINANCING PROP©SAL F©R .. ~~~~.T~C.T~xas PROPOSAL# 23206 4. Receipt Of a copy of the last Ehree years' audited financial statements and the current years budget for Kerr County, Texas. 5. No change in Federal or applicable state or local tax law, regulations, case iew, rulings, or other interpretations by the lntemal Revenue Service that would affect adv®rsely any Federal, State or local tax benefit assumed in determining the above proposal. 6. That Kerr County, Texas, qualifies ae a political subdivision as deflned in the [ntemat Revenue Code. .~ 14!96 d:18 PM Page 2 of 2 FF,'~]h1 : AS'3i~C F~1FJFd I ~W I PRL F I NHPlEE 234 ~'+1 3'31 1 x'36 ~ 02-2b S.Ss 1:2 it234 P . ell/02 ~~ /Y'ILj. / I/1/V / ni+ I VI rL//IYV !YVl.y~ 4/1 ~ ~r+r..r'1 I V ~+ v ~ r,.e ~~ ri=• r ~, MUNICtRAL F{{VANCING Associates Comm®rciai Cgrporatiara X44 East Csrpvntvr 1=rveway Ir~in~, Tpxas 7SOa~•2'7~B t~1al 541-3313 TelsphQne (~14~ f~41.3A91 Facaimily Tvlaeopier i~formatigrs ~. ~~ ~~~~~ ~~ f 3 r ~~ ~ ''~ ~l~ =_-~! "Our budget probJse+t ire solved, yoWr Noliar. lnlyddvcing tl+e wprld's /lrst eornbc- /fre trv~k-ached bus-emergency r*aCLe-road peverr.~rrrNry whic/e!' ~~ ~ .~-~. 1996 "1'm ~prry, Mt. Mayan. Wa had ro put fhe new l+~awln$ i~~rlpr!'fMt ilyto next,y~ar's avdgee.'' .W.. --• - .. ,.~ Yau h,~,,raceivgd this ~ paps fax fram E~ P{8ttk!! r!t 7hA AsspCiat*s fn dailas. Message: ~_ ~,,. "~ sYfi ":.. _ ....._.~,,.r _..~.. - ~ 4~ ~~ ' ~~ '~Nar ro 'sChief. lWrt y.~r " we cer+ 10 pllr oM of thesb ~a4ies into •wry sgela¢ earl " ..Qu~rsf~; i@' d L@LB6i~EmtS=QI !Yi 1-'pw MsyiprT `! Arnpw if! Iio! a sclroo~l bua b ~k ii i» next your Hon~oe-. $ut the a ~daer.' jf. algid wr r~ afto it. ~tlue Mf1k fri `~~. " E$:9I 96-Z@-9Z FF~Oh~ : pjSOG h~UhJ I C I PRL F I h 1Ah 1GE 21 ~ 541 3491 L':l:lra.~7-r_F '5:12 13214 P. D2. 1t LEASE/PURCHA$E~ FINANCING plR~3PC~5AL FOR KERB CQUNTY. TEXAS PRQPCSAL # 23208 Revised 4tPT10N #1 "~ disYtON !~2 , ° Payments Ir1 Advatnce In Advaru~ Number of Payments 35 ~ Payment Timing Monthly Annual Payment Amount $'I,a51,99 $42,2t}7.39 Payment Factor 0.030668 0.356901 Underwriting Fee $3Q0 paid on $300 paid on execution Cif ®xecution of documents documents Total Amount Funded $~34,30a.00 $34,300.00 Annual l~ercentege Rate 6.83°vb 6,83°~6 DOCUME~ITATIf3N AhiD FUNCII~iG MUST 8E CtSMPLETED BY MAY 31, '! 996 ~"*'""EQUIpMENT gt~SCRfPT1UN "~"'`'`~''" DE3CRtPTIQN l1A~PJt!_, ~ACTURER rte, tV ~gU~,MEi~!'Y' ~06T New Trailer 1 04!96 $34,30Q.OQ TQTAL EQUIPMENT COST AF`CER D~WtV/TRAD~: $34,304.00 The above financing ?gas been arranged by The AssdCiates, far submission t4: Kerr Caun .Taxes This proposal is for financing Only and Iffi Subject t4: 7 , Completion of rnut~ally acceptable documentation substarrttelly lri the (arm Of the enclosed .Sample docurnentS. ~. A review of the prOpos~ad esSenti~tl uae of the equipment snd a final credit appravat }ar Ketr County, Texas, prior to funding. 3. No material adverse change in the ftnar~+cis!'condition of Kerr CQUnty, Texas, prior to funding. 4. Receipt of a copy of the last three years' eudtted financial statements and the current years budget for Kerr County, Texas. 5, Ito change in Federal or applicable state or loca~ tax law, regulatit~r-s, case 1a~w, rulings, Qr other interpretations by the Internal Revenue Service that would 0tfefrt adversely any Federal, state or local tax b4rtefit assumed in determining the above prapvsa~, 6. "!'hat Kor#'~unty, T®xas, qu~,lifi®s as et political sutadivislon as defined in the Internal t~evenue bode. 2128/963:18:29 PM ~G s5=9L 96-~@-9~ ~0' d L0LB6i~E0i~=ai Ff:~~!r I : i-r~: SL+~~ 7 1LIl~e 3 ~ I F'HL.. I= 1 hJ1Hf J~ t d1-} '..,41 .;'1~~1 L~A~E/PURCHASi£ ~lNANCtNG PRQpOS~4t_ FC}R ~tERR C!]UN PROP08At_# 23aoa ~PTtON ~1 Payrrlents In Advance Number of Payments 37 Ptlyment Timing Monthly Payment Amount 9 (~ $12,000.00, 35 ~ 5887.8$, 1 f~ 56$7.G8 Payment Factor NIA Undetwr~lting Pee 3300 paid on ®xaCuiinn of docurnonts Total Amount Fund+ad $34,300.04 Annuat Percentage Rate 8.9396 D~CUNiENT'A71QN ANt] FUNDENG MUST t3P C(3MPLETEp 6Y tNAY 31, X896 QUtPMENT DESCRtPTiON'""'~""""'"'""" DESCR~PTi>UN ~N I~FA~TU~EF3 ~ DELNt=RY EC~~lit'11~ENT~COST_ New Trz3ller 1 04/'t 996 $3~4,3QQ.t~O Tt~TA~. f~QUtPMENT GOAT AFTER DaWNfTRAD~ $34,300.110 Th!- above finar~Cing has been arranged by The Associates, for sutxrli8sian to: This proposal is for ~rtalncinp only and is subject #o: 9. Completion of rnutualiy acceptable documentation substantially in the form of the ®nolas®d sample dacumen#s. 2. A revieFw of the prop~8ed essential use of the ®quiprnJsnt end a final Ctedit approval fot Ken' County, Texas, prior to futlding. 3, No mat®ria! adverse charuge in the tinanGlal Condition of Karr County, Texas, prior t0 funding. 4. Receipt of a copy of the 12-st three years' audited financial s#ataments and the Current years budget for Kerr County, Texas. 5. No change in Federe~i or applicsb!® state or local tax law, regulations, caste law, rulings, or other 2!27196 1:51 PM ~@-a G@LBBfi~£0 I Z=Q I page 1 of 2 @£:SL 96-~@-G~ f F-I~Vti :.~_SC'l.: IIU111'..IF'HL_ i-Ti1HfL L ~.i •~ 's•-!i ~-1 _+1 L ~.. _••`+,. s'•' - _ ~EASIJPURCHASL FtNANG1NG PROPOSAL 1=0R PROPOSAL# 2320 int®rpretations lay the [eternal Revranue 5ervioe that would sff~~Ct advorsgly any Federal, state or local taut banefrt assumed in determining the $bove proposal, 6. That Kept County, Taxes, qualifies as s political subdivi&ion as del ned in the intsmal Revenue Gods. 2127198 1:51 PM E0'd L0L666E0iZ=QI Ps{~s12 4f 2 0£:SL 96-Z0-GZ