City of Jonesboro - File #: RES-23:034

• File #: RES-23:034
• Version: 1
• Name: ENTER INTO A TWO YEAR LEASE CONTRACT FOR THE PURCHASE OF ONE SANITATION REAR LOAD TRUCK
• Type: Resolution
• Status: Passed
• File created: 2/8/2023
• In control: Finance & Administration Council Committee
• Final action: 2/21/2023
• Title: A RESOLUTION AUTHORIZING THE CITY OF JONESBORO TO ENTER INTO A TWO YEAR LEASE CONTRACT FOR THE PURCHASE OF ONE SANITATION REAR LOAD TRUCK
• Sponsors: Sanitation, Finance
• Indexes: Agreement, Contract, Lease

Date	Ver.	Action By	Action	Result
2/21/2023	1	City Council	Passed	Pass
2/14/2023	1	Finance & Administration Council Committee	Recommended to Council	Pass

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A RESOLUTION AUTHORIZING THE CITY OF JONESBORO TO ENTER INTO A TWO YEAR LEASE CONTRACT FOR THE PURCHASE OF ONE SANITATION REAR LOAD TRUCK

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WHEREAS, the City of Jonesboro, Arkansas passed the 2023 Budget in RES-22:255, which included the lease obligation for one rear load Sanitation truck; and

WHEREAS, the City of Jonesboro, Arkansas desires to enter into a two year lease contract with Arvest Bank for one Freightliner Rear Load Truck to be purchased from River City Hydraulics, Inc.  The financing proposal for the truck is attached hereto.

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

SECTION 1: 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 21ST DAY OF FEBRUARY 2023.