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Resolution authorizing the Mayor and the Director of the Office of Management and Budget to enter into a Cooperation Agreement or Agreements with the City of Pittsburgh Equipment Leasing Authority to provide for the leasing of five (5) streetsweepers, with maintenance included, at a cost not to exceed Two Million Two Hundred Ninety-Nine Thousand Two Hundred Fifty-Seven Dollars and Eighty Cents ($2,299,257.80) over five years.
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Be it resolved by the Council of the City of Pittsburgh as follows:
Section 1. The Mayor and the Director of the Office of Management and Budget, on behalf of the City of Pittsburgh, are hereby authorized to enter into a Cooperation Agreement or Agreements with the City of Pittsburgh Equipment Leasing Authority to provide for the leasing of five (5) streetsweepers, with maintenance included, at a cost not to exceed Two Million Two Hundred Ninety-Nine Thousand Two Hundred Fifty-Seven Dollars and Eighty Cents ($2,299,257.80), subject to annual appropriation by City Council for future years.
Funds will be included in each annual Cooperation Agreement for the duration of the lease term, with payments coming from the following account strings:
2026: 11101.420000.57.57531.2026
2027: 4000220000.57531.00
2028: 4000220000.57531.00
2029: 4000220000.57531.00
2030: 4000220000.57531.00
Section 2. Said agreement or agreements shall be in a form approved by the City Solicitor.