Title
A Resolution authorizing the Mayor, on behalf of the Urban County Government, to execute a five (5) year Lease Agreement with Central Business Systems, Inc., for a mailing system and weigh platform, at a cost not to exceed $164.97 in Fiscal Year 2016 and $1,979.64 for each fiscal year thereafter. [Div. of Parks and Recreation, Conrad]
Summary
Authorization to enter into a lease Agreement with Central Business Systems for a term of sixty (60) months. The Agreement will allow Parks and Recreation to lease a Hasler IH600AF Mailing system and Hasler 70 lb weigh platform. The cost for this Fiscal Year is $164.97. The cost for future Fiscal Years is $1,979.64. Funds are Budgeted. (L0602-16) (Conrad/Reed)
Budgetary Implications: Yes
Advance Document Review: Law, Yes, Charles Edwards III
Fully Budgeted: Yes/No/Partial
Account Number: 1101-707601-7211-71399
This Fiscal Year Impact: $164.97
Annual Impact: $
Project:
Activity:
Budget Reference:
Current Balance: $2,652.73
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 the five (5) year Lease Agreement, which is attached hereto and incorporated herein by reference, with Central Business Systems, Inc., for a Hasler IH600AF Mailing System and Hasler 70 lb. Weigh Platform.
Section 2 - That an amount not to exceed the sum of $164.97 for fiscal year 2016 and not to exceed the sum of $1,979.64 for each fiscal year thereafter be and hereby is approved for payment to Central Business Systems, Inc. from account #1101-707601-7211-71399 pursuant to the terms of the Lease Agreement.
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
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