Meetings / Aug 2, 2023 / Item 31A

Item 31A

approved lease

Aug 2, 2023

Description

TABLED - The Governor and Council on motion of Councilor Gatsas, seconded by Councilor Wheeler, voted to table the request to authorize the Bureau of Highway Maintenance to enter into a lease agreement with Caterpillar Financial Services Corporation, Nashville, TN, on the basis of a low bid of $1,836.04, per month per unit, for sixty-seven loader backhoes, for a total lease value of $7,380,880.80. Effective upon G&C approval for a lease term of 5 years. 100% Highway Funds PUBLIC UTILITIES COMMISSION (Tabled at the 7/19/23 Meeting)

Amount
$7.4M
$1,836.04, $7,380,880.80
Funding Source
100% Highway Funds PUBLIC UTILITIES COMMISSION (Tabled at the
Vote Record approved
Motion by Gatsas, seconded by Stevens acted as follows
Joseph Kenney (R) yes
Cinde Warmington (D) no
Janet Stevens (R) yes
Ted Gatsas (R) yes
Dave Wheeler (R) yes
Dissenting: Warmington
Related Sub-Items (3)

Documents (1)

Item_31.pdf Open in new tab →
← Back to Aug 2, 2023 meeting