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Form B-52 <br /> 7/18/91 <br /> DEPARTMENT OF FINANCE <br /> REQUEST FOR COUNCIL ACTION <br /> DEPARTMENT: Environmental Management, Solid Waste Division DATE: July 8, 2003 <br /> STAFF CONTACT: Robert Gonsalves PHONE: 961-8339 <br /> <br /> A. REQUEST' <br /> Resolution for the financing leasing of eleven (11) 75 cubic yard Refuse Trailers <br /> for a period of five years. <br /> 8. BACKGROUND AND JUSTIFICATION (USE ADDITIONAL SHEETS AS NEEDEDI' <br /> Replacement equipment is needed for: <br /> Eleven (11) 1991 Brothers Refuse Trailers, all trailers in excess of 12 <br /> years of age, require major replacement parts and maintenance, and <br /> all trailers have reached the end of their useful life. <br /> The Solid Waste Fund does not have the resources to purchase the referenced <br /> equipment, and therefore requests the authority to enter into a lease program to <br /> fnance the purchase over fve years. Funding for the lease is budgeted in FY <br /> 2003-2004. <br /> SIGNED: ~/~t~y~~~~~i!o'~~`~ DATE: ~ ~ ~ O3 <br /> Department Head <br /> <br />