Title
Approval to convert ten (10) vehicles to Propane AutoGas and approval of Budget Amendment 35015000-02-25-13 in the amount of $59,000.
Presented by Michael Fischer, Deputy City Administrator
Body
Item Summary:
The City of Roswell is committed to energy conservation and fuel efficiency in its vehicles. Propane Autogas has been identified as an alternative fuel to provide cost savings and clean operations for the fleet.
Ten vehicles have been analyzed for conversion to Propane AutoGas with a two generation life savings of $93,653.61. The capital investment of $59,000 is required to convert the first ten vehicles at $5,900 per vehicle and is included in the life savings calculation. The fuel cost savings for these ten vehicles is $11,837.40 annually with an expected life span of ten years per vehicle. The first ten vehicles are 2008-2010 model vehicles. The second generation of vehicles will have a capital investment of $29,500 with a conversion cost of $2,950 per vehicle also calculated into the life savings total, with annual fuel cost savings of $11,837.40.
Committee or Staff Recommendation:
On February 12, 2013 the Administration, Finance and Recreation and Parks Committee recommended placing this Item on the February 25, 2013 Mayor and Council Agenda.
Financial Impact:
Funding for this project will come from General Fund, fund balance. $59,000 will be approved and available in Org 35015000, object 542200, project 14006-Fleet Propane Conversion project. Upon approval, the estimated, available General Fund, fund balance over policy will be $267,918.
Presented by:
Michael Fischer, Deputy City Administrator