HomeMy WebLinkAboutM2016-117 - 09/27/2016 File Number: 16-1084 Enactment Number: M2016-117
Corpus Christi 1201 Leopard Street
/' `} Corpus Christi,TX 78401
cctexas.com
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September 27, 2016
Motion: M2016-117
File Number: 16-1084 Enactment Number: M2016-117
Motion approving the lease-purchase of two Slope Tractor Mowers from Alamo Industrial,
of Seguin, Texas for a total amount of $365,600.00. $51,000.00 will be paid out of
FY2015-2016 funds, leaving $314,600.00 to be lease-purchased with allowing interest of
$23,706.00 for a total not to exceed $389,306.00. The award is based on the cooperative
purchasing agreement with Texas Local Government Purchasing Cooperative, dba
BuyBoard.
Two Slope Tractor Mowers
Total Non-financed: $51,000.00
Total Lease-Purchase: $314,600.00
Total Allowable Interest for Lease: $23,706.00
Not To Exceed Grand Total: $389,306.00
At a meeting of the City Council on 9/27/2016, this Motion was passed.
Aye: 8 Mayor Martinez, Council Member Garza, Council Member Hunter, Council
Member Magill, Council Member McIntyre, Council Member Rubio, Council
Member Rosas, and Council Member Vaughn
Absent: 1 Council Member Scott
Abstained: 0
Nelda Martinez, Mayor
Le..,6e,
Attest:
Rebecca Huerta, City Secretary
Corpus Christi Printed on 9/30/16
INDEXED
CITY OF CORPUS CHRISTI
CERTIFICATION OF FUNDS
(City Charter Article IV, Sections 7 & 8)
I, the Director of Financial Services of the City of Corpus Christi, Texas (or his/her duly
authorized representative), hereby certify to the City Council and other appropriate officers that
the money required for the current fiscal year's portion of the contract, agreement, obligation
or expenditure described below is in the Treasury to the credit of the Fund specified below, from
which it is to be drawn, and has not been appropriated for any other purpose. Future payments
are subject to annual appropriation by the City Council.
City Council Action Date: September 27, 2016 Legistar Number: 16-1084
Agenda Item:
Motion approving the lease-purchase of two Slope Tractor Mowers from Alamo Industrial, of
Seguin, Texas for a total amount of $365,600.00. $51,000.00 will be paid out of FY2015-2016
funds, leaving $314,600.00 to be lease-purchased with allowing interest of$23,706.00 for a total
not to exceed $389,306.00. The award is based on the cooperative purchasing agreement with
Texas Local Government Purchasing Cooperative, dba BuyBoard.
Two Slope Tractor Mowers
Total Non-financed: $51,000.00
Total Lease-Purchase: $314,600.00
Total Allowable Interest for Lease: $23,706.00
Not To Exceed Grand Total: $389,306.00
Amount Required: $ 51,000.00
Fund Name Accounting Unit Account No. Activity No. Amount
Fleet Maintenance 5110-40120-201 530190 51,000.00
Total $51,000.00
Certification Not Required
abilkek-
Director
of Financial Services
Date: el ( at-(.t l Q ( (P