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File #: 2022-0652    Version: 1
Type: Resolution Status: Passed Finally
File created: 8/19/2022 In control: Committee on Finance and Law
On agenda: 8/23/2022 Final action: 9/6/2022
Enactment date: 9/6/2022 Enactment #: 480
Effective date: 9/7/2022    
Title: 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 four (4) pumper trucks at a cost not to exceed Three Million Eight Hundred Seventy-Nine Thousand Eight Hundred Sixty Dollars and Seventy-Four Cents ($3,879,860.74) over seven years.
Indexes: AGREEMENTS, COOPERATION AGREEMENT/S
Attachments: 1. 2022-0652 Cover Letter ELA - Letter_JP_Signed, 2. Summary 2022-0652

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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 four (4) pumper trucks at a cost not to exceed Three Million Eight Hundred Seventy-Nine Thousand Eight Hundred Sixty Dollars and Seventy-Four Cents ($3,879,860.74) over seven 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 four (4) pumper trucks for the Bureau of Fire at a cost not to exceed Three Million Eight Hundred Seventy-Nine Thousand Eight Hundred Sixty Dollars and Seventy-Four Cents ($3,879,860.74) over seven years, 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:

 

2024: 8458990124.57531.00

2025: 8458990125.57531.00

2026: 8458990126.57531.00

2027: 8458990127.57531.00

2028: 8458990128.57531.00

2029: 8458990129.57531.00

2030: 8458990130.57531.00

 

Section 2.                     Said Agreement or Agreements shall be approved by the City Solicitor as to form.