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Form#: B-52 <br /> 7/18/91 <br /> DEPARTMENT OF FINANCE <br /> REQUEST FOR COUNCIL ACTION <br /> DEPARTMENT: Hawaii Fire Department DATE: 5/6/25 <br /> STAFF CONTACT: Kazuo Todd PHONE: 932-2900 <br /> A. REQUEST: <br /> Please prepare a resolution authorizing the payment of funds- in a later fiscal year and for more than one <br /> fiscal year-for a multi-year lease of three fire apparatus (vehicles)for the Fire Department. The lease would <br /> specifically be for a five(5) year lease term for critically needed units to replace older fire apparatus. <br /> B. BACKGROUND AND JUSTIFICATION (USE ADDITIONAL SHEETS AS NEEDED): <br /> As part of our Apparatus Replacement Program,we intend to replace Engines 3 (Haihai), 6 (Kealakekua), <br /> and 21 (Makalei). These are front-line vehicles that are past their recommended service life resulting in <br /> ,increasing repair and maintenance costs, as well as prolonged down times and unreliability. Anticipated <br /> costs are$5,000,000 plus interest over a five year lease term. <br /> The estimated lease cost for each engine is estimated at $30,897.70 per month and $370,772.40 annually. The <br /> start of the lease payments will be based on delivery date, which is estimated to begin four years from the <br /> Notice to Proceed. <br /> The combined estimate is $92,693.10 per month, $1,112,317.20 annually. <br /> SIGNED: DATE: 5/6/2025 <br /> De ment Head <br />