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HomeMy WebLinkAboutResolution 1592 RESOLUTION NO. 1592 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF EDMONDS, WASHINGTON, TO ACCEPT A DONATION IN THE FORM OF A TWO- YEAR VEHICLE LEASE FROM LYNNWOOD HONDA FOR USE BY THE EDMONDS POLICE DEPARTMENT. WHEREAS, the City of Edmonds has received notice that Lynnwood Honda desires to donate the use of a new Honda vehicle to the Edmonds Police Department for the use of the Community Engagement Officer for a period of two years; and WHEREAS, the vehicle and the terms of the two-year lease are described in the Closed End Motor Vehicle Lease (“Lease”) attached hereto as Attachment A; and WHEREAS, the intent of the parties regarding responsibility for the lease payments and other conditions of the lease are described in the Courtesy Vehicle Donation Agreement (“Agreement”) attached hereto as Attachment B; and WHEREAS, Chapter 3.45 of the Edmonds city code regulates the acceptance of donations to the City; and WHEREAS, ECC 3.45.030 provides that “[a]ll monetary and nonmonetary donations with a current value of up to $10,000 may be approved and accepted for the city by the mayor. All donations with a value greater than $10,000 must be approved by the city council before acceptance”; and WHEREAS, Lynnwood Honda would like to provide the city with a donation in the form of a two-year vehicle lease valued at Thirteen Thousand Eight Hundred Forty-Six Dollars ($13,846.00); and WHEREAS, the City Council, after review and discussion, has determined that it is in the best interests of the city to approve the acceptance of the donation on behalf of the city; NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF EDMONDS, WASHINGTON, HEREBY RESOLVES AS FOLLOWS: Section 1. Recitals. The recitals set forth above are hereby incorporated by reference as if set forth fully herein. Section 2. Acceptance of Donation. The acceptance of the donation from Lynnwood Honda in the form of the two-year vehicle Lease set forth in Attachment A with a value of $13,846.00, which lease is to be undertaken in accordance with the Agreement set forth in Attachment B, is approved and such donation will, to the extent reasonably feasible, be used consistent with the donor’s desired use. The mayor is hereby authorized to sign the Lease and the Agreement. Section 3. Severability. If any one or more sections, subsections, or sentences of this Resolution are held to be unconstitutional or invalid, such decision shall not affect the validity of the remaining portion of this Resolution and the same shall remain in full force and effect. RESOLVED this 14th day of July, 2026. MAYOR, MIKE ROSEN Mike Rosen (Jul 16, 2026 07:20:12 PDT) ATTEST/AUTHENTICATE: CITY CLERK, LUKE LONIE FILED WITH THE CITY CLERK: JULY 9, 2026 PASSED BY THE CITY COUNCIL: JULY 14, 2026 RESOLUTION NO: 1592 fLAW.HFS-UCL-WA-eps-14 1/21 CLOSED END MOTOR VEHICLE LEASE Lease Date: 08/01/2026 (WITH ARBITRATION PROVISION) Deal #323193, Stock #260864 Lessor Name and Business Address Lessee Name and Address Co-Lessee Name and Address LYNNWOOD HONDA EDMONDS POLICE DEPARTMENT N/A 22020 HIGHWAY 99 250 5TH AVE EDMONDS, WA 98026 EDMONDS, WA 98020 County: SN OHOMISH County: Lessee Blllina Address Cit different than above}Vehicle Garaaina Address {if different than above) NIA N/A County: N/A Principal Driver: N/A(if business use) . In this Lease, "you and "you r" mean the lessee and co-lessee. "We,· ·us" and ·our" mean the Lessor named above, and any assignee ol thIs Lease . Each of you who signs the Lease is jointly and severally liable to us for all Lease obligations. You are leasing the Vehicle deSC(ibed below (the "Vehicle") from us. You agree to pay all amounts due under the Lease and fulfill all your obligations under the Lease. In this lease, •e• means an estimate. The Consumer leasing Act Disclosures shown below are also terms of this Lease. You are le asing the Vehicle and have no ownership right s in the Vehicle unless you exercise your purchase option. Monthly Payment Lease: If your payment schedule shows monthly scheduled payments in Item 3A, your Lease is a monthly payment lease. Single Payment Lease: If your payment schedule sho ws a single scheduled payment In Item 38, your Lease is a single payment lease . 1. The VehicleNew/Used Year Make Model Bodv SMe Vehicle ID# Odometer NEW 2026 HONDA CRV EX 4WD AWD EX 2HKRS4H40TH459178 1 I Vehicle Prior Use (as ch ecked): D Demonstrator D Factory Official D Rental D Taxi or Livery CONSUMER LEASING ACT DISCLOSURES Primarv Use Personal, unless otherwise indicated below 0 business □ agricultural 2.Amount Due at Lease Signing or Delivery 3. Scheduled Payments A. Your first monthly payment of$ 554.00 on 08/01/2 026, followed by 23 is due payments 4. Other Charges (not part of your scheduled payment) A.Turn-In fee (ii you do not 5.Total of Payments(The amount you will have paid by the end of the Lease) (Itemized in Item 6) s 754.00 of S $ 554.00 NIA N/A NIA payments of payments of $ __ N_/ __ A __ due on the __ 1 s""t __ of each month. B.Your single payment of S----N""/"""A'-----is due onN/A C. The Total of your Scheduled Payments is $ 13296.00 purchase lhe Vehicle and we donot waive the lee under llem 25(1)) s ____ 35_0_._00_ B.NIA s _____ N_/A_ c.NIA s _____ Nl...c..A_ 0.Total s ___ 35-'--'-o_.o _o 6. Itemization of Amount Due at Lease SI nln or Deliver $ 13846.00 (2 + 3C + 40 -6A3 -6A4 -6A5) A.Amount Due at Lease Signing or Delivery: B. How the Amount Due at Lease Signing or Delivery will be paid: N/A 1.Capitalized cost reduction (amount paid in cash)S --------:....:. NIA Sales/use tax on amount paid in cash S --------:....:. NIA 2. Capitalized cos! reduction (crelil tor net trade-in allowance) S --------:....:. NIA Sale s/use tax on credit for net trade-in allowance S ______ _ 554.00 3.First monthly payment S----..c..=..""-'-"� N/A 4. Single scheduled payment S _____ ..;..::.:....:. N/A 5. Refundable security deposit S _____ ..;..::.:....:. N/A 6.Lease acquisition fee S _____ .;.;.:.;� N/A 7.Title fees 5 ______ _ N/A 8. License and registration fees s ______ _ N/A 9.Sales/use tax (exdudes any tax shown in 1. or 2. above) S -----�-200.00 10. DOCUMENTATION FEE S---��""'-N/A 11.NIA 5 _______ :....:. N/A 12.N/A S--------� 13. Total S 754.00 1. Net trade-in allowance 2. Rebates and noncash credits 3. Amount to be paid in cash 4.Other DEALER CONTRIBUTION 5. Total 7. Your scheduled payment is determined as shown below: A. Gross capitalized cost. The agreed upon value of the Vehicle ($ 36756.01 ) and any items you pay over the lease term (such as service contracts, insurance, and any outstanding prior credit or lease balance). B. Capitalized cost reduction. The amount of any net trade-in allowance, rebate, noncash credit, or cash you pay that reduces the gross capltallzed cost. C. Adjusted capitalized cost The amount used in calculating your base scheduled payment. D. Residual value. The value of the Vehicle at the end of the Lease used In calculating your base scheduled payment. E. Depreciation and any amortized amounts. The amount charged for the Vehicle's decline in value through normal use and for other items paid over the lease term. F.Rent charge. The amount charged In addition to the depreciation and any amortized amounts. G. Total of base scheduled payments. The depreciation and any amortized amounts plus the rent charge. H.Lease payments. The number of payments in your Lease. I. Base scheduled payment. J.Sales/use tax (e).K.N/A L.NIA M. Total Scheduled Payment. s NIA $ N/A $ N/A s 754.00 $ 754.00 s 36756.01 -$NIA $36756.01 -$24756.00 $12000.01 +$N/A = s 12000.00 24 =s 500.00 +s 54.00 +s N/A +s N/A $ 554.00 Early Termination. You may have to pay a substantial charge If you end this Lease early. The charge may be up to several thousand dollars. The actual char e will depend on when the Lease is terminated. The earlier you end the Lonso, the greater this charge Is llkol to be. 8.Excessive Wear and Use. You may be charged for excessive wear based on our standards for normal use and for mileage in excess of __ 1�2�00_0 __ miles per year at the rate of$ 0.20 10.Other Important Terms. See your Lease documents for additional information on early termination, purchase options, maintenance responsibilities,warranties, late and default charges, insurance, and any security interest, if applicable. NOTICE: ALL PAGES OF THIS LEASE CONTAIN IMPORTANT TERMS AND CONDITIONS, INCLUDING AN ARBITRATION PROVISION. THE TERMS ANO CONDITIONS ON ALL PAGES ARE PART OF THIS LEASE. Lessee Initials X ___ Co-Lessee Initials X NIA /W:::iRhf"'?1 HFS-UCL-WA-eps-14 1/21 v1 Page 1 of 5 Cl4r.nf 4rlF--:::af:'.l 1-4rl4 ?-hF-:::irl.f;RACl?7 40rl,:,:::ih Attachment A Courtesy Vehicle Donation Agreement Lynnwood Honda 22020 Highway 99 P.O. Box 1177 Edmonds, WA 98020-1177 425-775-7575 Fax 425-672-0500 http://lynnwoodhonda.com Lynnwood Enterprises, Inc. dba Lynnwood Honda donates the use of a 2026 Honda CRV EX VIN# 2HKRS4H40TH459178 to the Edmonds Police Department in accordance with the following terms and conditions: 1.The car shall be used by the Community Engagement Officer while performing department duties. 2.Lynnwood Honda is responsible for paying any lease payments, automobile licensing fees, applicable state use taxes, and any taxes in connection with the donation of this vehicle to the Edmonds Police Department. 3.The Edmonds Police Department will carry property (collision and comprehensive) and liability insurance on the vehicle as provided by the Washington Cities Insurance Authority. 4.This vehicle is donated for 24 months or 30,000 miles. The vehicle is to be kept clean and with no unrepaired accident damage. 5.The driver may bring the vehicle to Lynnwood Honda for periodic maintenance at the donor's expense. Alternatively, Edmonds Police Department may have the maintenance performed by a qualified mechanic according to the manufacturer suggested maintenance schedule. 6.Lynnwood Honda agrees to permit the Edmonds Police Department to add graphics to the vehicle at their expense (including the cost of removal). 7.Repairs or damage outside the scope of the manufacturer warranty or outside of normal maintenance will be covered by the Edmonds Police Department. On behalf of Lynnwood Enterprises, Inc. dba Lynnwood Honda, I hereby tender the above­ described donation to the Edmond Police Department, subject to the terms and conditions described herein. Wendy Nelson Popke Date Received on behalf of Edmonds Police Department Date NEW CARS SERVICE P A R T S USED CARS 0 Attachment B