Title:
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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
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