File #: RES-24:011    Version: 1 Name: ENTER INTO A TWO YEAR LEASE CONTRACT FOR THE PURCHASE OF FIVE SANITATION SIDE LOAD TRUCKS, ONE FRONT LOAD SANITATION TRUCK AND ONE REAR LOAD SANITATION TRUCK
Type: Resolution Status: Passed
File created: 2/12/2024 In control: Finance & Administration Council Committee
On agenda: Final action: 3/5/2024
Title: A RESOLUTION AUTHORIZING THE CITY OF JONESBORO TO ENTER INTO A TWO YEAR LEASE CONTRACT FOR THE PURCHASE OF FIVE SANITATION SIDE LOAD TRUCKS, ONE FRONT LOAD SANITATION TRUCK AND ONE REAR LOAD SANITATION TRUCK
Sponsors: Sanitation, Finance
Indexes: Agreement, Contract, Lease
Attachments: 1. 2024 Proposal 7 Sanitation truck

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A RESOLUTION AUTHORIZING THE CITY OF JONESBORO TO ENTER INTO A TWO YEAR LEASE CONTRACT FOR THE PURCHASE OF FIVE SANITATION SIDE LOAD  TRUCKS, ONE FRONT LOAD SANITATION TRUCK AND ONE REAR LOAD SANITATION TRUCK

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WHEREAS, the City of Jonesboro, Arkansas passed the 2024 Budget in RES-23:312, which included the lease obligations for five side load Sanitation trucks, one rear load Sanitation truck, and one front load Sanitation truck; and

 

WHEREAS, the City of Jonesboro, Arkansas desires to enter into a two year lease contract with Arvest Bank for five Mack Automated Side Load Trucks, one Mack Front Load Truck and one Freightliner Rear Load Truck from River City Hydraulics, Inc.  The financing proposal for the trucks is attached hereto.

 

BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF JONESBORO, ARKANSAS, THAT:

 

SECTION 1: The Mayor, Harold Copenhaver and City Clerk, April Leggett, are hereby authorized by the City Council for the City of Jonesboro to execute all documents necessary to effectuate the agreement.

PASSED AND APPROVED THIS 5TH DAY OF MARCH 2024.