Title
A Resolution authorizing the Mayor, on behalf of the Urban County Government, to execute Multiple Year True Lease Agreements and related documents (State Contract), with Dell Financial Services, LLC, for the lease of new and upgraded equipment for desktop computers, for the Div. of Computer Services, at an estimated cost not to exceed $89,186.40 (FY2015). [Div. of Computer Services, Nugent]
Summary
Authorization to execute multiple-year true lease agreements with Dell Financial Services, LLC. (L0789-14)(Nugent/Valicenti)
This is to authorize the execution of multi-year true lease agreements with Dell Financial Services, LLC at an annual cost of $89,186.40. Funds are budgeted.
Budgetary Implications: Yes
Advance Document Review: Law/Risk Management
Fully Budgeted: Yes
Account Number: 1101-202505-0001-96203
This Fiscal Year Impact: $ 89,186.40
Annual Impact: $ 89,186.40
Project:
Activity:
Budget Reference:
Current Balance: Encumbered
Body
BE IT RESOLVED BY THE COUNCIL OF THE LEXINGTON-FAYETTE URBAN COUNTY GOVERNMENT:
Section 1 - That the Mayor, on behalf of the Lexington-Fayette Urban County Government, be and hereby is authorized to execute multiple year true lease agreements and related documents, which are attached hereto and incorporated herein by reference and are related to an existing contract with the Commonwealth of Kentucky, with Dell Financial Services, LLC, for the lease of new and upgraded equipment for desktop computers, for the Division of Computer Services.
Section 2 - That an amount, estimated not to exceed the sum of $89,186.40 (FY2015), be and hereby is approved for payment to Dell Financial Services, LLC, from account #1101-202505-96203, pursuant to the terms of the agreements.
Section 3 - That this Resolution shall become effective on the date of its passage.
PASSED URBAN COUNTY COUNCIL:
___________________________________
MAYOR
ATTEST:
_________________________________
CLERK OF URBAN COUNTY COUNCIL