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HomeMy Public PortalAboutAB02-167 Airport Truck LeaseCITY COUNCIL City Of McCall AGENDA BILL 216 East Park Street Number AB 02-167 McCall, ID 83638 Date December 12, 2002 ITEM INFORMATION  SUBJECT: Original Agenda Date & Bill No.  Airport Truck Lease  Department/Committee/Individual Initials Remarks   A Mayor / Council     P City Manager     P Finance Director/City Clerk     R Deputy City Clerk     O Community Development     V Police Chief     A Public Works     L Director of Golf & Parks Operations    COST IMPACT: 5600.00y/5y S Recreation Director    FUNDING SOURCE:  Airport Manager  Originator  Budgeted  Librarian    TIMELINE:  City Attorney    5 years  Grant Coordinator    SUMMARY STATEMENT: The Airport has budgeted for a new truck in FY 03. The Airport has selected a truck from Meridian Ford and would like to enter into a lease agreement. The Airport Manager and Finance Director are asking for approval of the lease prior to having the paperwork due to the fact that the purchase price on the vehicle will increase after the end of December. US Bank and Meridian Ford have presented quotes for a lease. They cannot finalize the quotes and the lease agreement until the truck is built and a VIN number is available. The lease will include a non appropriation’s clause and will require the City Attorney’s approval. The lease will require 5 annual payments for a maximum of $5,600. The total purchase price for the F250 Ford truck is $24,540.  RECOMMENDED ACTION: Approve the lease agreement for a new truck with a purchase price of $24,540, pending the city attorney’s review and approval and the Finance Director’s consent, and authorize the Mayor to sign the lease agreement  RECORD OF COUNCIL ACTION  Meeting Date Action  December 12, 2002 Approved consent agenda