11-16-2021 CC RPT 19 - Laserfiche WebLink

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CITY OF IZIVEKSIDE City Council Memorandum City ,JArts Innovation TO: HONORABLE MAYOR AND CITY COUNCIL DATE: NOVEMBER 16, 2021 FROM: POLICE DEPARTMENT WARDS: ALL SUBJECT: MEASURE Z — ALLOCATE APPROXIMATELY $10,777,070 PLUS INTEREST FOR THE FINANCING AND PURCHASE OF TWO AIRBUS H125 HELICOPTERS ISSUE: That the City Council approve an allocation of Measure Z funding for the purchase and financing of two (2) Airbus H125 Helicopters in the estimated amount of $10,777,070 plus interest. RECOMMENDATIONS: That the City Council: 1. Approve the purchase of two (2) Airbus H125 Helicopters in the estimated amount of $10,777,070 using Measure Z funds; and 2. Approve a purchasing or financing option and allocation of related interest costs, is necessary, for the purchase of the helicopters using Measure Z funding. COMMISSION RECOMMENDATIONS: On September 9, 2021, the Budget Engagement Commission, with 10 yes votes and 1 no vote, recommended that the City Council approved the purchase of two (2) Airbus H125 Helicopters in the estimated amount of $10,777,070 from Measure Z funds and that the helicopters be purchased using the pay-as-you-go approach and pay for the entire acquisition cost up front from the available Measure Z Fund Balance. BACKGROUND: The Riverside Police Department's Air Support Unit (RPD ASU) just celebrated its 50th Year Anniversary of service to the City of Riverside. During this time, RPD ASU has operated 7 -days a week / 365 days a year and is considered an invaluable resource to the City. Since its inception, RPD ASU has operated two (2) different types of rotorcraft platforms. The first platform was the Bell 47. This served the City of Riverside until the 1980s, at which time the City transitioned to the Hughes/McDonnell Douglas (MD) MD 500. Presently, RPD ASU operates two (2) MD 500E's (N911 RP — 1984 and N951 RP — 2007).