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COM 0525.000 2018-2020
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COM 0525.000 2018-2020
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Last modified
3/9/2020 12:27:21 PM
Creation date
9/30/2019 2:37:31 PM
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Communications
Communications - Type
COM
Communications - Council Term
2018-2020
Communication
0525
Point
000
Author
Steven Hunt, Deputy Finance Director for Deanna S. Sako, Director of Finance
Communications - Referred To
FC
Document Relationships
AGE COUNCIL 2019-11-06 2018-2020
(Related To)
Path:
\Council Records\Agendas\2018-2020\Council
AGE FC 2019/10/15 2018-2020
(Related)
Path:
\Council Records\Agendas\2018-2020\Finance Committee (FC)
REP FC 071 2019/10/15 2018-2020
(Related)
Path:
\Council Records\Reports\2018-2020\Finance Committee (FC)
RES 349 Draft 01 2018-2020
(Related To)
Path:
\Council Records\Resolutions\2018-2020
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Form #: 8-52 <br /> 7/18/91 <br /> DEPARTMENT OF FINANCE <br /> REQUEST FOR COUNCIL ACTION <br /> DEPARTMENT: Environmental Management DATE: 9/9/19 <br /> STAFF CONTACT: Dora Beck PHONE: 961-8513 <br /> A. REQUEST: <br /> Resolution authorizing the Mayor to enter into a multi-year lease agreement for a Forklift for a period of five <br /> (5) years for the Department of Environmental Management Wastewater Division. <br /> B. BACKGROUND AND JUSTIFICATION (USE ADDITIONAL SHEETS AS NEEDED): <br /> The Wastewater Division is requesting to lease finance a Forklift to replace the existing unit. The current <br /> Forklift is close to 30 years old and has reached the end of it's useful life. The Automotive Division has <br /> informed us that replacement parts for the existing Forklift are difficult to find or may not be available which <br /> means completion of repairs will take longer. <br /> The necessity of a Forklift is to lift and transport machinery, industrial equipment, chemical totes, sludge bins <br /> and rubbish bins. <br /> The purchase price is estimated at $60,000.00. The monthly lease payment is estimated at $1,005.00. This <br /> equipment will be lease financed such that the County will own the equipment at the end of the five year <br /> lease. <br /> Funding for this equipment was not included in the FY1 9-20 budget as the need to replace the existing unit <br /> has recently been brought to the Division's attention. Delivery of the Forklift is not expected until next fiscal <br /> year due to the estimated lead time for this equipment. <br /> SIGNED: DATE: 7 <br /> 1Y V Department Head <br /> �Nbw <br />
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