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24-91

A RESOLUTION AUTHORIZING THE CITY MANAGER TO ENTER INTO A LEASE AGREEMENT WITH REPUBLIC FIRST NATIONAL CORPORATION FOR THE PURPOSE OF FINANCING A STREET SWEEPER FOR PUBLIC WORKS DEPARTMENT OPERATIONS; AND DECLARING AN EMERGENCY Brief Description: At the July 23, 2024, Council Meeting staff and Council discussed the purchase and/or lease to own of three pieces of equipment for Public Works operations. The City Manager recommended that the purchases be funded utilizing a portion of excess carryover balance in the general fund. The Council allocated $560,000 of the extra funds towards these equipment purchases. The staff has located the pieces of equipment and discussed the funding with the Finance Department and has recommendations for moving forward.

Resolution Passed Introduced July 10, 2024

What this record is

Amount
$560K
Runs until
Not stated in the agenda text — the term is normally in the signed agreement, attached to the original item ↗
Type
contract
Field
Vehicles & equipment

vehicles & equipment contracts in OH that end within a year →
Governments publish the end date in the award. That date is when the work goes back out to bid, and it is usually stated years ahead.

Read automatically from the title of the official record. The source document below is authoritative.

Committee
City Council
Requested by
Public Works Department
Introduced
July 10, 2024
On agenda
August 6, 2024
Passed
August 6, 2024

Where it was heard

City Council Aug 6, 2024 approved on the consent agenda City Council Workshop Jul 23, 2024 item forwarded

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