Adopt list of approved firms for leasing city equipment and vehicles
Resolution 106-20
In Plain English
The city needs a pre-approved list of financing companies to lease expensive equipment like fire trucks and computers instead of buying them outright. This resolution creates that official list of authorized lenders. If approved, departments can lease equipment through these firms without seeking separate council approval for each purchase.
Auto-generated summary. Source: official agenda documents.
Votes
Approve consent calendar
6 to 0
Similar Discussions
5 related items found by meaning
Revise list of authorized broker-dealers for city investment trading
Update list of approved financial firms for city investments
Add financial consultants to approved list for HUD housing projects
Approve pre-approved vendor list for city technology purchases up to $750,000 per vendor annually
Authorize hiring municipal advisors for land-secured financing districts when needed
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