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Resolution 16109 CITY OF ALAMEDA RESOLUTION NO. 16109 AMENDING THE FLEET REPLACEMENT FUND (601) BUDGET TO REDUCE EXPENDITURE BUDGET FOR FISCAL YEAR 2024-25 BY $1,522,500 AND INCREASE EXPENDITURE BUDGET FOR FISCAL YEAR 2023-24 BY $1,002,000 TO PURCHASE TWO FIRE APPARATUS ENGINES WHEREAS, two fire apparatus engines are at or approaching their frontline service life expectancy, per Administrative Instruction 48, the City's Vehicle Replacement Policy; and WHEREAS, production lead times for new fire engines are up to 48 months; and WHEREAS, Resolution 16060, which adopted the operating and capital budget for Fiscal Years 2023-24 and 2024-25, authorized the City Manager or their designee to carryover into Fiscal Year 2023-24 the remaining General Fund expenditure budget from Fiscal Year 2022-23 at year-end, up to a not-to-exceed amount of $3,000,000, for the purchase of police radios and a fire engine; and WHEREAS, $1,155,064 has accrued in the Fleet Replacement Fund to purchase replacement fire engines for the two fire apparatus engines at or approaching their frontline service life expectancy; and WHEREAS, the Fiscal Year 2023-2025 expenditure budget assumed the purchase of one replacement fire engine in Fiscal Year 2023-24 and one in Fiscal Year 2024-25; and WHEREAS, the adopted Fiscal Year 2023-24 budget included a General Fund transfer of$862,468 for the replacement of one fire engine; and WHEREAS, $434,989.32 is therefore needed in the carryover funds approved in Resolution 16060 for executing the purchase of two fire apparatus engines in FY 2023- 24; and WHEREAS, purchasing both trucks in Fiscal Year 2023-24 will save on the estimated cost of inflation. NOW THEREFORE, BE IT RESOLVED that the Finance Director is hereby authorized to amend the FY 2023-25 Biennial Budget to advance the fire engine purchase from FY 2024-25 to FY 2023-24 by reducing the Fleet Replacement Fund (601) budget in FY 2024-25 by $1,522,500 and increasing the budget in FY 2023-24 by $1,002,000. I, the undersigned, hereby certify that the foregoing Resolution was duly and regularly adopted and passed by the Council of the City of Alameda in a regular meeting assembled on the 7th day of November 2023, by the following vote to wit: AYES: Councilmembers Daysog, Herrera Spencer, Jensen, Vella and Mayor Ezzy Ashcraft— 5. NOES: None. ABSENT: None. ABSTENTIONS: None. IN WITNESS, WHEREOF, I have hereunto set my hand and affixed the official seal of said City this 8th day of November 2023. A ey a, Acting City Clerk City of Ala eda Approved as to form: Yibin Shen, City Attorney City of Alameda