CITY of RAPID CITY Agenda Item Summary
Meeting Date:10/20/2014
Staff Contact: Tracy Davis, Deputy Finance Officer		PW Committee or L&F Committee: 10/15/2014
		City Council: 10/20/2014
Agenda Title:
Resolution 2014-098 - A RESOLUTION OF THE GOVERNING BODY OF CITY OF RAPID CITY , AUTHORIZING THE EXECUTION AND DELIVERY OF A MASTER GOVERNMENTAL LEASE-PURCHASE AGREEMENT AND SUPPLEMENT NO. 370946-404 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:
This represents a financing package for the aerial truck for the Parks Department.
Funding Source & Fiscal Impact (if applicable):
General Fund
Recommendation:
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Options:
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Attachments & Links:
Resolution No. 2014-098	Wells Fargo Lease		Click here to enter text.
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