R2026-77 Resolution Authorizing Execution of a Purchasing Order between the City of Decatur, Illinois and Bridgestone Americas Tire Operations, LLC for Tire Lease for Transit Buses

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Tire Lease Agreement IFB TR 2025-01 original and retread tires shall be determined by multiplying the number of 32nds of an inch of available rubber remaining on each tire by the applicable cost per 32nd then in effect and shown below. CONTRACT FIXED COST PER 32ND-ORIGINAL TIRES TIRE YEAR YEAR YEAR YEAR YEAR SIZE ONE TWO THREE FOUR FIVE 315/80R22.5 CITY $21.06 $20.81 $22.78 $23.69 $24.64 TRANS 275/70R22.5 R192 $19.64 $20.42 $21.24 $22.09 $22.97 • 9R22.5 R250F $18.54 $19.28 $20.05 $20.85 $21.69 CONTRACT FIXED COST PER 32ND-RETREAD TIRES TIRE YEAR YEAR YEAR YEAR YEAR SIZE ONE TWO THREE FOUR FIVE 315/80R22.5 ELTRADRIV $15.69 $16.31 $16.97 $17.65 $18.35 275/70R22.5 E LTRADRI V $11.54 $12.00 $12.48 $12.98 $13.50 9R22.5 ELTRADRIV $11.54 $12.00 $12.48 $12.98 $13.50 When a tire is not available for inspection to apply the above calculation(s)whether lost, stolen or otherwise missing,or destroyed by fire,or involved in an accident,reimbursement shall not be more than fifty percent(50%)of the current value of a similar tire, unless Bridgestone or the City can provide an auditable accounting of the tire's accurate mileage just prior to the loss. The foregoing notwithstanding,the City may upon thirty(30)days written notice via CERTIFIED MAIL prior to the expiration date of this Agreement,and all addenda,elect to continue using("run out")all the tires in the City's possession at the rate or rates in effect during the period prior to termination until permanently removed from service,but in no event, shall such period exceed twenty-four(24)months after the normal termination date of this Agreement. During said twenty-four(24)month run out period,the City shall,to the extent practicable,continuously use such tires on its highest mileage runs until they are rendered permanently unfit for service.During said run out period all terms and conditions of this Agreement shall continue in effect; provided,however, that Bridgestone shall not be obligated to furnish any equipment,supplies,or service to the City or to furnish replacement tires for those tires removed from service. At the expiration of said run out period,the City shall pay for remaining original tread tires and for tubes at the price and in the manner set forth above. Any payment for tires and tubes required to be purchased by the City under this Paragraph 11 or any other provision of this Agreement shall be made within thirty (30)days after date of invoice covering purchase thereof The City shall acquire each such used tire as is, and Bridgestone makes no warranties as to the condition or fitness for continued use of such tires. 5