PROPOSED RESOLUTION NO. R16-050 - Approve the purchase of 120 X26p "Smart Tasers" from TASER International, Inc. of Scottsdale, AZ and enter into a five (5) year purchase plan with Municipal Asset Management, Inc. of Golden, CO with yearly payments of $23,821.03 per year for a total of $119,105.15 over the five (5) year period; as a sole source purchase and authorize the City Manager to sign all required documents.

Staff is requesting to purchase 120 X26p "Smart Tasers" for the police department.

Taser International is offering special pricing by entering into the 5 year purchase plan; a savings of $15,196.40.  In addition to the special pricing Taser International is allowing a trade in discount for our current 104 Tasers @ $130.00 each totaling an additional savings of $13,520.

The Department will be able to purchase 120 tasers, holsters, cartridges and battery backup for a total cost of $109,359.65, the financing is for five (5) years with an interest rate of 4.46%.

This purchase will allow the department to upgrade all current Tasers at once and increase the number of tasers from 104 to 120 which would be for officers that currently are not issued Tasers.

Our current inventory of Tasers comprises of X26's, which are being phased out and as of this date are no longer being repaired or replaced.

The Department has budgeted approximately $23,000 for repairs and replacements of tasers each year for the last 3 fiscal years, the annual cost under this purchase plan is $23,821.03.

Funds have been included in the FY 15/16 approved budget under 001-2111-521-52-51 for taser replacements in the amount of $23,982 that can be utilized for the first annual payment. 

Municipal Asset Management, Inc. is the financial institution which holds the financing for Taser International.

In reviewing our purchase history with Taser we have purchased $27,000 worth of Tasers in 2013, $23,000.00 in 2014, $24,000.00 in 2015 and currently the police department has budgeted $24,000.00 for this fiscal year.

Not approve purchase plan and continue to replace tasers as needed in smaller numbers or all at one time.