Approve lease addendum with SunTrust to finance IT equipment purchase

IT Equipment LeaseContractsIT

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Resolution <UNKNOWN>

In Plain English

The city needs to buy new information technology equipment but lacks upfront cash. SunTrust Leasing will finance the purchase, allowing the city to pay monthly instead of all at once. This addendum modifies an existing lease agreement to cover additional equipment.

Auto-generated summary. Source: official agenda documents.

Votes

Approve consent calendar

Moved by: Vice Mayor ViramontesSeconded by: Councilmember Marquez
Passed

7 to 0

Tom ButtAye
John MarquezAye
Jim RogersAye
Gayle McLaughlinAye
Maria ViramontesAye
Irma L. AndersonAye
Tony ThurmondAbsent
Nat BatesAbsent
Jim GriffinAye