Item 07: Master Lease-Purchase Financing Agreement - Vacuum Truck

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COSM_Admin

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Consider approval of Resolution 2023-52R, approving an addendum to the Master Lease-Purchase Financing Agreement with US Bancorp Government Leasing and Finance Inc. that adds a Freightliner Vac Truck for the Public Works Department as equipment to be financed under the agreement in the amount of $602,300.11, inclusive of interest for a seven-year term; authorizing the City Manager or her designee to execute all appropriate documents associated with this transaction; and declaring an effective date.
 
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