Authorize master lease agreement with SunTrust for city equipment financing
Resolution Resolution No. 71-08
In Plain English
The city needs a framework to lease equipment like vehicles, computers, or machinery instead of buying them upfront. This master agreement lets the city add specific equipment schedules later without approving each lease separately. If approved, the city can spread equipment costs over multiple years rather than paying large amounts at once.
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Votes
Approve consent calendar
8 to 0
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