File #: CON-196    Version: 1 Name: Municipal Services Group, Inc. contract to provide financing for six (6) 28 CY Auto Loading Trucks for the Sanitation Department
Type: Contract Status: Passed
File created: 2/21/2006 In control: Public Works Council Committee
On agenda: Final action: 4/14/2006
Title: Municipal Services Group, Inc. contract to provide financing for six (6) 28 CY Auto Loading Trucks for the Sanitation Department
Sponsors: Sanitation
Indexes: Contract
Attachments: 1. Resolution 2006:22, 2. Master Lease Option Agreement, 3. Financing Proposal, 4. Letter concerning the engines, 5. Request for Proposal with bid information
Related files: RES-06:345
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Municipal Services Group, Inc. contract to provide financing for six (6) 28 CY Auto Loading Trucks for the Sanitation Department
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Municipal Services Group, Inc. in cooperation with River City Hydraulics was awarded the contract to provide financing for six (6) CY Auto Loading Trucks for the Sanitation Department and was signed on April 14, 2006. The lease/purchase agreement is for a two-year period, which equals a total of $1,126,554 with a buy back rate of $120,000 for each vehicle equaling $720,000. The resolution number is 2006:22 and was approved by the City Council on February 21, 2006.
 
Attachments included are:
 
Resolution
Master Lease & Option Agreement
Request for Proposal
Financing proposal