Title
A Resolution amending Resolution 42-2014, which authorized the execution of a Master Lease Agreement with Dell Financial Services, LLC, for desktop computers, to authorize the Chief Information Officer to execute future True Lease Schedules pursuant to the Master Lease Agreement for the replacement of desktop computers. [Div. of Computer Services, Nugent]
Summary
Authorization to amend Resolution 42-2014, to authorize the Chief Information Officer to execute Dell lease schedules pursuant to the master lease Agreement. FY2020 Budget impact $500,000. Funds are Budgeted. (L0787-19) (Nugent/Valicenti)
Budgetary Implications [select]: Yes/NO
Advance Document Review:
Law: { Select Yes/No, Completed by [Chad Edwards, 7/24/2019]}
Risk Management: {Select Yes/No, Completed by [Official, Date]}
Fully Budgeted [select]: Yes/No/Partial
Account Number:
1101-202505-0001-71303 (CS: $363,222.04)
1101-202505-0001-76101 (CS: $67,315.16)
1101-505401-5414-71303 (CC: $40,265)
1101-505501-5511-71303 (PD: $29,197.80)
This Fiscal Year Impact: $500,000
Annual Impact:
Project:
Activity:
Budget Reference:
Current Balance: 1101-202505-0001-71303 = $363,222.04
1101-202505-0001-76101 = $427,560.60
1101-505401-5414-71303 = $40,265.00
1101-505501-5511-71303 = Encumbered
Body
BE IT RESOLVED BY THE COUNCIL OF THE LEXINGTON-FAYETTE URBAN COUNTY GOVERNMENT:
Section 1 - That Section 2 of Resolution 42-2014 be and hereby is amended to read as follows:
That the Chief Information Officer, on behalf of the Lexington-Fayette Urban County Government, be and hereby is authorized to execute all future True Leasing Schedules entered pursuant to the Master Lease Agreement for the replacement of desktop computers.
Section 2 - That Section 3 of Resolution 42-2014 be and hereby is amended to read as follows:
That an amount, estimated not to exceed the sum of $89,186.40 (FY2014) and $500,000.00 per year thereafter, be and hereby is approved for payment to Dell Financial Se...
Click here for full text