Item 10: Financing Agreement for Vehicles and Equipment Purchase

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COSM_Admin

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Consider approval of Resolution 2023-68R, approving an addendum to the Master Lease-Purchase Financing Agreement with US Bancorp Government Leasing and Finance Inc. that adds a 2023 John Deere 210P Track Hoe, Peterbilt 548 Dump Truck, General XP Ultimate Polaris, FT-60-4LP Trailer 3 Axle Haul Trailer and 2023 John Deere 325G Skid Steer for the Utilities Department as equipment to be financed under the Agreement in the amount of $829,198.72, 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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