City of Rock Hill - File #: 10-0170

• File #: 10-0170
• Version: 1
• Type: Ordinance
• Status: Passed
• File created: 9/1/2010
• In control: City Council
• On agenda: 9/27/2010
• Final action: 9/27/2010
• Title: An Ordinance authorizing the City of Rock Hill, South Carolina to execute and deliver an Equipment Lease Purchase Agreement, 2010A, in the amount of not exceeding $2,110,000 between the City and the Lessor thereof to defray the cost of acquiring certain equipment; and other matters relating thereto.

Date	Ver.	Action By	Action	Result
9/27/2010	1	City Council
9/13/2010	1	City Council

Title

An Ordinance authorizing the City of Rock Hill, South Carolina to execute and deliver an Equipment Lease Purchase Agreement, 2010A, in the amount of not exceeding $2,110,000 between the City and the Lessor thereof to defray the cost of acquiring certain equipment; and other matters relating thereto.

Body

This ordinance provides for the lease purchase financing of replacement vehicles and equipment for Fiscal Year 2011.  The equipment includes two Residential Sanitation Trucks, one Backhoe for the Utilities (Sewer) Department, twenty-two Police vehicles, one Recycling Truck, one Commercial Sanitation Truck, one Dump Truck in the Stormwater Department, two Bucket Trucks in the Utilities (Electric) Department, one Fire Tanker, and one Tracked Loader in the Stormwater/Construction Division. Pertinent information is attached for your review.