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HomeMy WebLinkAbout033391 RES - 06/25/2024Resolution authorizing the acquisition by lease -purchase of a brush and tire shredder unit from Powerscreen Texas, Inc., through the Sourcewell Cooperative and financed through JPMorgan, in the amount of $1,006,737.58 for the Solid Waste Services Department, with FY 2024 funding of $50,336.88 from the General Fund and the remaining balance of $956,400.70 to be funded through the annual budget process. WHEREAS, the Solid Waste Services Department needs a brush and tire shredder unit, which will be acquired via lease -purchase in the manner, at the amount, and from the funding source identified in this resolution. Be it resolved by the City Council of the City of Corpus Christi, Texas: Section 1. The Solid Waste Services Department is authorized to acquire by lease -purchase a 2023 Komptech Crambo 6000 brush and tire shredder unit from Powerscreen Texas, Inc., through the Sourcewell Cooperative and financed by JP Morgan, for $1,006,737.58, with FY 2024 funding of $50,336.88 from the General Fund and the remaining balance of $956,400.70 to be funded through the annual budget process. Section 2. The City Manager, or his designee, is authorized to execute all documents necessary to acquire the machinery described in Section 1 of this resolution. PASSED AND APPROVED on the a5Thday of J , Paulette Guajardo; ATTEST: , 2024. Rebecca Huerta, City Secretary 033391 SCANNED