Title:
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Lease-Purchase of Curbside Refuse and Recycle Containers for Customer Use
Motion approving the lease-purchase of 10,616 96-gallon curbside refuse containers and 1,870 96-gallon curbside recycle containers from Cascade Cart Solutions, Grand Rapids, MI for the total amount of $626,916.01. The award is based on the cooperative purchasing agreement with the Houston-Galveston Area Council of Government (H-GAC). The containers will be used in the City's automated collection program. Funding is available from the city's lease purchase financiing contractor.
Purchase Price - $588,741.04
Interest for Lease - $38,174.97
Total Cost $626,916.01
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