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EQUIPMENTRECOMMENDED

City of South Pasadena StaffReport Consideration to Approve a Master Equity Lease Agreement with Enterprise Fleet Management Inc. 2026-05-20

City Plans 60-Month Fleet Lease with Enterprise

$899,441 (total estimated cost for seventeen leased replacement vehicles)City of South PasadenaENTERPRISE FLEET MANAGEMENT INCMay 20, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

South Pasadena staff recommends entering a 60‑month Master Equity Lease Agreement with Enterprise Fleet Management Inc. to lease seventeen replacement fleet vehicles at an estimated total cost of $899,441. The program modernizes key Public Works vehicles through a cooperative purchasing, lease‑to‑own structure while supporting a phased transition toward electrification.

Contract Details

Contract Amount

$899,441 (total estimated cost for seventeen leased replacement vehicles)

Vendor

ENTERPRISE FLEET MANAGEMENT INC

Agency

City of South Pasadena, CA

Contract Type

EQUIPMENT

Document Date

May 20, 2026

Contract Term

60-month lease term

Renewal Info

Initial master equity lease term is 60 months for seventeen vehicles under a lease-to-own structure; future transitions to EVs are anticipated as infrastructure and technology mature, but no automatic renewal terms are specified in the report.

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