File #: RES-22:200    Version: 1 Name: ENTER INTO A TWO YEAR LEASE CONTRACT FOR THE PURCHASE OF THREE SANITATION SIDE LOAD TRUCKS
Type: Resolution Status: Passed
File created: 10/19/2022 In control: Finance & Administration Council Committee
On agenda: Final action: 11/1/2022
Title: A RESOLUTION AUTHORIZING THE CITY OF JONESBORO TO ENTER INTO A TWO YEAR LEASE CONTRACT FOR THE PURCHASE OF THREE SANITATION SIDE LOAD TRUCKS
Sponsors: Sanitation, Finance
Indexes: Contract, Lease
Attachments: 1. Arvest Proposal 2022 3 Mack Automated

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A RESOLUTION AUTHORIZING THE CITY OF JONESBORO TO ENTER INTO A TWO YEAR LEASE CONTRACT FOR THE PURCHASE OF THREE SANITATION SIDE LOAD TRUCKS

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WHEREAS, the City of Jonesboro, Arkansas passed the 2022 Budget in RES-21:297, which included the lease obligations for three side load Sanitation trucks; and

 

WHEREAS, the City of Jonesboro, Arkansas desires to enter into a two year lease contract with Arvest Bank for three Mack Automated Side Load Trucks, from Rivercity 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 1ST DAY OF NOVEMBER, 2022.