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File #: 15-1033    Version: 1 Name:
Type: Motion Status: Filed with the City Secretary
File created: 9/8/2015 In control: City Council
On agenda: 9/22/2015 Final action: 9/29/2015
Title: Lease-Purchase of four (4) Heavy CNG Trucks for the Street Department Motion approving the lease-purchase of four heavy compressed natural gas (CNG) trucks from Corpus Christi Freightliner of Corpus Christi, Texas for a total cost of $641,491.90. The award is based on the cooperative purchasing agreement with the Houston-Galveston Area Council of Governments (H-GAC). Funding is available from the city's lease-purchase financing contractor. Purchase Price - $602,429.36 Interest for Lease - $39,062.54 Total Cost $641,491.90
Sponsors: Contracts and Procurement, Fleet Maintenance Services, Public Works/Street Department
Attachments: 1. Agenda Memo - Heavy CNG Trucks.pdf, 2. Price Sheet - Heavy CNG Trucks.pdf

Title

Lease-Purchase of four (4) Heavy CNG Trucks for the Street Department

 

Motion approving the lease-purchase of four heavy compressed natural gas (CNG) trucks from Corpus Christi Freightliner of Corpus Christi, Texas for a total cost of $641,491.90. The award is based on the cooperative purchasing agreement with the Houston-Galveston Area Council of Governments (H-GAC). Funding is available from the city's lease-purchase financing contractor.

 

Purchase Price -   $602,429.36

Interest for Lease -  $39,062.54

Total Cost              $641,491.90