File #: 17-0101    Version: 1 Name:
Type: Motion Status: Filed with the City Secretary
File created: 1/11/2017 In control: City Council
On agenda: 1/31/2017 Final action: 2/14/2017
Title: Lease Purchase of Refuse and Recycle Containers (Carts) Motion authorizing City Manager, or designee, to lease-purchase from Cascade Engineering, Inc., of Grand Rapids, Michigan, 9,440 96-gallon refuse containers and 1,870 96-gallon recycle containers for a total amount of $569,409.99, with an estimated expenditure of $66,431.05 in FY2016-17. 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. Lease-Purchase Price $534,736.80 Interest $34,673.19 Total $569,409.99
Sponsors: Solid Waste Operations, Contracts and Procurement
Attachments: 1. Agenda Memo - Leased Purchase of Refuse and Recycle Containers Carts, 2. Price Sheet - Leased-Purchase of Refuse and Recycle Carts, 3. Form 1295 - Leased Purchase of Refuse and Recyle Containers

Title

Lease Purchase of Refuse and Recycle Containers (Carts)

 

Motion authorizing City Manager, or designee, to lease-purchase from Cascade Engineering, Inc., of Grand Rapids, Michigan, 9,440 96-gallon refuse containers and 1,870 96-gallon recycle containers for a total amount of $569,409.99, with an estimated expenditure of $66,431.05 in FY2016-17. 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.

 

Lease-Purchase Price

$534,736.80

Interest

  $34,673.19

Total

$569,409.99