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R2019-108 Resolution Authorizing Execution of a Tire Lease Agreement with Bridgestone Americas Tire Operations, LLC and the City of Decatur, Illinois
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R2019-108 Resolution Authorizing Execution of a Tire Lease Agreement with Bridgestone Americas Tire Operations, LLC and the City of Decatur, Illinois
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1/13/2020 11:12:36 AM
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8/7/2019 10:58:51 AM
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Resolution/Ordinance
Res Ord Num
Resolution
Res Ord Title
R2019-108 Resolution Authorizing Execution of a Tire Lease Agreement with Bridgestone Americas Tire Operations, LLC and the City of Decatur, Illinois
Department
Mass Transit
Approved Date
8/5/2019
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IFB Tire Lease <br /> Attachment A: Bid for Tire Lease <br /> The amount of the regular monthiy payment shali be computed by using the applicable billing <br /> rate per tire mile in effect during such precedir�g month, as set forth below.The City shall remit <br /> payment by check within thirty(30) days after receipt of the completed invoice. <br /> As used in this solicitation, "tires"shall mean a casing,tube and flap for a tube type tire and a <br /> casing, only,for a tubeless tire,and "vehicles" shall mean, unless otherwise indicated, the <br /> twenty-two(22)transit coaches and two (2)trolley replica coaches now owned and operated <br /> by the City,and any other transit coaches and/or trolley replica coaches that use the same size <br /> and type tires owned by the City as of the date hereof and that may be awned or operated by <br /> the City, its subsidiaries and affiliated companies at any time during the term of the contract. <br /> Annual Tire Mile Rates ($) <br /> Tire Size Est. Miles Year One Year Two Year Three Year Four Year Five <br /> 9R22.5 100,000 �0.007384 $0.00�605 $0.007834 $0.008069 $0.008311 <br /> 275/70R22.5 4,750,000 �0.004962 $0.005111 $0.005265 $0.005423 $0.005585 <br /> 315/80R22.5 1,250,000 $0.005642 $0.005811 $0.005985 $0.006165 $0.006350 <br /> Page 18 of 22 <br />
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