Item 15: Hydro Excavator for Water Distribution

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COSM_Admin

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Consider approval of Resolution 2021-93R, approving an addendum to the Master Lease-Purchase Financing Agreement with US Bancorp Government Leasing and Finance, Inc. that adds a hydro excavator for use by the Public Services Water Distribution Division to be financed under the agreement in the amount of $475,324.69, inclusive of interest, for a ten-year term; authorizing the City Manager or his designee to execute all appropriate documents associated with this transaction; and declaring an effective date.
 
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