Title
Resolution authorizing a cooperation agreement or agreements, providing for the transfer of funds not to exceed Seven Million Four Hundred Thirty Two Thousand Nine Hundred Seventy One Dollars ($7,432,971.00) to the City of Pittsburgh Equipment Leasing Authority for the purchase and leasing of vehicles, equipment and accessories for use by City of Pittsburgh Departments and Authorities and to extend the cooperation agreement to accommodate lease agreements for a seven and five year lease period to provide for vehicles for the Bureau of Fire.
Body
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, providing for the transfer of funds not to exceed Seven Million Four Hundred Thirty Two Thousand Nine Hundred Seventy One Dollars ($7,432,971.00) to the City of Pittsburgh Equipment Leasing Authority, for the purchase and leasing of vehicles, equipment and accessories for use by City of Pittsburgh Departments and Authorities, chargeable to and payable from the following accounts:
$1,825,000 payable from Account 11101.210000.57.57531.2020
$5,607,971.00 payable from Account 2020 Capital: 8458990120.57531.00
Section 2. 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 to provide for the leasing of Seven (7) Pumper Trucks for a seven year lease period and Two (2) Aerial Trucks for a five year lease period for the Bureau of Fire. The total amount of funds for each year's equipment lease shall not exceed the available funding for each year. Funds are subject to annual appropriation by City Council in future years.
Funds will be payable from the following accounts:
2020: 8458990120.57531.00
2021: 8458990121.57531.00
2022: 8458990122.5753...
Click here for full text