Title
Lease-Purchase and Purchase of Heavy Trucks
Motion approving the lease-purchase of eleven (11) heavy trucks and the purchase of four (4) heavy trucks for the total amount of $1,523,536.00, of which $388,110.00 is required for the remainder of FY 2011-2012 . The heavy trucks are awarded to the following companies for the following amounts in accordance with Bid Invitation No. BI-0175-12, based on lowest responsible bid. Funding for the purchase of the heavy trucks is available in the Capital Outlay Budget of the Fleet Maintenance Services Fund. Financing for the lease-purchase of the heavy trucks will be provided through the City's lease/purchase financing contractor.