CITY of RAPID CITY

Agenda Item Summary

 

Meeting Date: July 15, 2015

L&F Committee: 7/15/15

Staff Contact: Tracy Davis, Deputy Finance Officer

City Council Hearing: 7/20/15

Click here to enter text.

 

Click here to enter text.

 

Agenda Title:

Resolution 2015-079 - A RESOLUTION OF THE GOVERNING BODY OF CITY OF RAPID CITY, AUTHORIZING THE EXECUTION AND DELIVERY OF A MASTER LEASE AGREEMENT AND SUPPLEMENT NO. 370946-405 THERETO WITH RESPECT TO THE ACQUISITION, PURCHASE, FINANCING AND LEASING OF CERTAIN EQUIPMENT FOR THE PUBLIC BENEFIT; AUTHORIZING THE EXECUTION AND DELIVERY OF DOCUMENTS REQUIRED IN CONNECTION THEREWITH; AND AUTHORIZING THE TAKING OF ALL OTHER ACTIONS NECESSARY TO THE CONSUMMATION OF THE TRANSACTIONS CONTEMPLATED BY THIS RESOLUTION.

Summary:

Resolution supporting the Master Lease Agreement and Associated Documents with Wells Fargo for Capital Lease on Ambulance Rolling Stock and Equipment

Funding Source & Fiscal Impact (if applicable):

Click here to enter text.

Recommendation:

Action: Approve

Notes: Click here to enter text.

Options:

Click here to enter text.

Attachments & Links:

Resolution 2015-079

Master Lease approved 7/6/15