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HomeMy WebLinkAboutCentral_Garage_(2026_Chevrolet_Equinox_-_Motorpool)Docusign Envelope ID: 5E6F8841-17B9-4EF8-AFE0-9EC91CC1CDE7 City Clerk Use Only Finance Committee Approval Date 10/20/2025 City of Waterloo Expenditure Pre -Authorization Request Form The Finance Committee of the City Council is hereby requested to authorize the following purchase or expenditure submitted by the Central Garage Department to expend $ 28,911.16 plus est. shipping costs of $ to pay for or purchase 2026 Chevrolet Equinox This purchase or expenditure is being made because: New motorpool SUV (covered by warranty) for out of town travel. Vendor selected for this purchase: Kari Chevrolet nBids or written quotes were taken on this purchase, as follows: ■ Bids or quotes were not taken on this purchase because: State bid. Prior Committee Actions (Dates): Please check the following box(es) as appropriate to describe the funding for this expense: General Fund ❑ Road Use Tax ❑ Sewer ❑ Sanitation nBonds n Federal/other grants n Other (specify) This expenditure is to be coded to the following budget line -item: 325-18-7950 2117 (Fund - Department - Activity - Account Number) (Project Code) in which the budgeted amount is $ 30,000.00 and the current available balance is $ 30,000.00 Respectfully submitted, Sheila Steffen IR87075 a —Signed by: 234.41pat leood (Signature Dept. Head or Designee) Date Igna ure tnance Dept. Review) 10/20/2025 Date K:lshared goodies lforms\Expenditure Pre-Authorization.xls (Mar 2010) Docusign Envelope ID: 5E6F8841-17B9-4EF8-AFE0-9EC91CC1CDE7 1101 S.E. ORALAUOF ROAD ANKENY, IOWA 50021 vnvw.kartchevrolet.com PlIONE (515) 964.4255 TOLL FREE 1•B0D-622•0264 ',,,1..,, •. GOVERNMENT DEAL, MAW.. — r/4h {.7ID) 9Ov'u 04ri IIV1Lj 09/30/2025 N1IR FEIST l5 LOT CITY OF WATERLOO COE..t4 FrL51 rI LrSL " (319)215-8080 KF s1FEFE'MALSs 715 MULBERRY ST ' (319)215-8080 c11r (cTA2P(cot WATERLOO BLACKHAWK.M IA 50703-5714 CVStcNLRF 123494 1LFq nrir VS(O V1nE 009EL " E1EEw0;1 COLOE 4LEXL VOLE NJ 2026 NEW CHEVROLET TRUCK EQUINOX WHXTE SUMIII 12 35349 ErNEL,L 3GNAXPEGITL280881 uu"ul. 385267 I richard.strange8WATERLOO-IA.ORG mitvaLKFaKr 32495.00 - 3583.84 = 28911.16 Iowa law requires us to give you the following notice: You understand that liability insurance coverage which would protect you under the Iowa Motor Vehicle and Salety Responsibility Act IS NOT INCLUDED in your purchase of this motor vehicle. II is customers responsibility to notify their insurance company of any changes. DOCUMENTARY FEE. A DOCUMENTARY FEE IS NOT AN OFFICIAL FEE. A DOCUMENTARY FEE IS NOT REQUIRED BY LAW, BUT MAY BE CHARGED TO A BUYER FOR THE PREPARATION OF DOCUMENTS AND THE PERFORMANCE OF RELATED SERVICES. THE MAXIMUM AMOUNT THAT MAY BE CHARGED FOR A DOCUMENTARY FEE 1S DETERMINED BY IOWA CODE SECTION 322.19A, THIS NOTICE IS REQUIRED BY IAW, _ The vehicle is not being purchased for export or resale and allows a refund from the customer of any GM moneys paid should that customer resell or export a GM vehicle without the dealers knowledge. Government Sales! Comm Fleet We agree that: (1) transactions where multiple cars are purchased by a single purchaser and payment is delayed (Bulk Deferred Transaclons") are not ordinary course transactions; (2) the Dealership's lender, Ally 4�1.suEFY4CE aF Lf.=rLE : 28911, 16 Bank (along with its afittiates, (Lender)), has not authorized the Dealership to sell or otherwise dispose VSEOWHOLE FLLO..INCE TFww0E1 W. E Cr IILL]LJ'1 .1/9 LVLEL sF" $ N/}t of (and has not consented to the sale or other disposition of) vehicles in Bulk Deterred Transactions Tree of its security interest in the vehicles; (3) the purchase of vehicles In Bulk Deferred Transactions free of the security interest of Lender would violate the VSLOL'EMELE ALLORA4CE MADE v°•La!WE r4 ,r a VCCE/ EE.i4. F N/A terms of the Dealership's financing documents with Lender and the rights of Lender would violate the terms of the Dealership's financing documents with Lender and the rights of Lender in the vehicles; (4) the `buyer VSLOITMELE ALLO/.L�Cr ,RAuS ...eV TREVE-IN 1F`R lArE. 5'FL4. F N/A Purchaser is not a in ordinary course of business" as defined in the Uniform Commercial Code; and (5) accordingly, the sate of vehicles by the Dealership to the Purchaser in Bulk Deterred Transactions will not extinguish Lender's security Interest in the vehicles. Lenders security interest in a w.+.uxuaRSREEVE 1 N/A vehicle will automacticalty extinguish when payment is made for that vehicle. This provision may only be changed by written notice from Lender. PAYMENT DUE WITHIN 30 DAYS You understand That This agreement (Including the OF nnrs r1FIJJr terms on the back) is an otter to purchase the vehicle SIGNED described which will become a bending contract onee the dealer has signed it. This document represents the between the dealer i—,,,e,,, complete agreement you and regardless of any other oral, written or prior agreements or representations. However, if you are buying a used vehicle, the information you see on the window form for this vehicle is part of the contract and tarcr.siEFE..(L $ 28.911.16 the Information on the window form overrides any WAKE WEO ON tREOEy11 1 N/A contrary provisions in this contract. s - - By signing this contract, you are certifying that you are s*,*FaLo Al Ek4$ N/A F N/A at least 18 years old (€f there are two buyers, that at EEG.3tILL.t3., Ur $ N/A least one of you is 18 years old), that you have read mutt( F N/A this contract front and back, and agree to its terms, 1FV.\yL EOM N/A and that you have received a copy of it. •.N tvak I' OOCLVF,LLLtibr Ft F 1 _ N/A MALORMMOWE 1 28911.16 c„,,,Pa — L($YbLOF WATERLOO P y± f415C9e242c4ED CALK" UMW 1 N/A X Aw1rNI OVE 1 28911.16 J1cceplcd By Doke , ilkmse, it t�L+F Fr.F u2ASY.v.T&S F.FrE1E OgFLs,Fn FS-0l0.,rt!.L Ca .,n4$SIWr.ti01lO. lh:E.oR`. t. 4A'`VOCV ALUl CX'.YLL BUYER hrrh C.-us, RE-IN23_e0 {66181