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IV.3. Approve Purchase of Fire Engine; Bishop CITY OF HOPKINS City Council Report 2024-089 To: Honorable Mayor and Council Members Mike Mornson, City Manager From: Nick Bishop, Finance Director Dale Specken, Fire Chief Date: July 16, 2024 Subject: Approve Purchase of Fire Engine _____________________________________________________________________ RECOMMENDED ACTION MOTION TO approve the purchase of a fire engine at an estimated cost of $1,299,814. OVERVIEW The City Council approved the 2024-2028 Equipment Replacement Plan (ERP) on November 21, 2023. The approval of the ERP authorized staff to make purchases scheduled in 2024. Years 2025-2028 serve as a long-range plan and purchases were not authorized. The Fire Pumper (Engine #3) is scheduled to be purchased in 2027 for $1,500,000. The current truck was purchased in 2006 and will have been in operation for 20 years. The useful life of the new truck in ten years. Staff have received a proposal based on a cooperative purchasing agreement with an estimated delivery date approximately 46 months out. Signing a purchase agreement would lock in the price and put Hopkins in the queue to receive a truck. Final payment and delivery are estimated to occur in early 2028. SUPPORTING INFORMATION • 01-ERP-0101 Equipment Replacement Plan Detail Sheet Finance Department Fire Department EQUIPMENT REPLACEMENT PLAN City of Hopkins, MN - ERP Contact Fire Chief 2024 2028thru Department Fire Description 1500 GPM fire pumper, fully equipped to respond to all fire situations in the city. Responds to mutual aid calls in other cities. This truck wil be pushed back to 2027 and will also be on a 10 year rotation. Current vehicle: 2006 Peterbilt Fire Pumper 357 (#103) Project #01-ERP-0101 Priority n/a Justification Current unit is a first out pumper. This apparatus construction will require 25 year specifications for life of the apparatus. Budget Impact/Other Variance from 20 year plan - None Estimate salvage/resale value on replaced item: $2,500 Project Name Fire Pumper (Engine 3) Type Equipment Useful Life 10 years Category Vehicles Future Total Project Cost:$3,250,000 Total20242025202620272028Expenditures 1,500,0001,500,000Equipment 1,500,000 1,500,000Total Total20242025202620272028Funding Sources 1,500,0001,500,000Equipment Replacement Fund 1,500,000 1,500,000Total Wednesday, November 15, 2023