HomeMy WebLinkAboutRES 17-247RESOLUTION NO. 17-247
BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF BEAUMONT:
THAT the City Manager be and he is hereby authorized to lease thirty-nine (39) vehicles
for use by various departments pursuant to the existing Master Equity Lease Agreement
as amended between the City of Beaumont and Enterprise FM Trust. The Equity Lease
Menu Pricing is attached hereto as Exhibit "A" and made a part hereof for all purposes.
The meeting at which this resolution was approved was in all things conducted in
strict compliance with the Texas Open Meetings Act, Texas Government Code, Chapter
551.
PASSED BY THE CITY COUNCIL of the City of Beaumont this the 21st day of
November, 2017.
r
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- Mayor Becky Ames -
City of Beaumont
Menu Pricing
FLEET MANAGEMENT
Equity Leese Menu Pricing
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"IddnMiance kMudoa mo sal al bn9n and ro Dm
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•Lease rates are based upon factory order pricing and tulles par year
.Maintenance Include. one set o1 brakes and no Ures
Pricing does not Include any applicable taxes
Pricing does not Include expected return on equity at and of lease
Annual Cost ExcludingMaintenance" - 0974310
One Tim Upfront Agennarkal Cost $0.00
Esgmsted Equity Return at End of Term $77470680
Estimated Equity In Disposals Unknown
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City of Beaumont
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'LoaSa ru.a as beam upax fxkr) wear prklnp aM oYIM Pu ywr
"IddnMiance kMudoa mo sal al bn9n and ro Dm
Pridnp doo rot Irrvlude arty applubla bw3
•Lease rates are based upon factory order pricing and tulles par year
.Maintenance Include. one set o1 brakes and no Ures
Pricing does not Include any applicable taxes
Pricing does not Include expected return on equity at and of lease
Annual Cost ExcludingMaintenance" - 0974310
One Tim Upfront Agennarkal Cost $0.00
Esgmsted Equity Return at End of Term $77470680
Estimated Equity In Disposals Unknown
W
2
X
W