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File #: 2021-2092    Version: 1 Name:
Type: Resolution Status: Action
File created: 1/27/2021 In control: Board of Commissioners
On agenda: 2/23/2021 Final action: 2/23/2021
Title: Commission District(s): All Commission Districts A resolution of the Governing Authority of DeKalb County, Georgia declaring its intent to enter into a lease/purchase agreement with a third party vendor to finance the cost of the acquisition of certain sanitation vehicles and other vehicles and equipment now estimated not to exceed $6.7 million and to reimburse itself for expenditures made in connection with the acquisition of such vehicles and equipment.ody
Attachments: 1. 2021 02.09 Item 2021-2092, 2. Reimbursement Resolution - DeKalb County - Sanitation Vehicles Project 2021
Substitute
Public Hearing: YES ? NO ? Department: Chief Executive Office

SUBJECT:
Title
Commission District(s): All Commission Districts
A resolution of the Governing Authority of DeKalb County, Georgia declaring its intent to enter into a lease/purchase agreement with a third party vendor to finance the cost of the acquisition of certain sanitation vehicles and other vehicles and equipment now estimated not to exceed $6.7 million and to reimburse itself for expenditures made in connection with the acquisition of such vehicles and equipment.ody
Body
Information Contact: Zachary Williams, Chief Operating Officer and Executive Assistant
Phone Number: 404-371-2174

PURPOSE:

To declare the Governing Authority's intent to enter into a lease/purchase agreement with a third party vendor to finance the cost of the acquisition of certain sanitation vehicles and other vehicles and equipment now estimated not to exceed $6.7 million and to reimburse itself for expenditures made in connection with the acquisition of such vehicles and equipment with a portion of the proceeds received by the County in connection with the execution and delivery of such lease/purchase agreement - which lease/purchase agreement will be approved by the Governing Body at a future meeting.


NEED/IMPACT:

To allow the County to reimburse itself for expenditures made in connection with the acquisition of certain vehicles and equipment with a portion of the proceeds to be received by the County in connection with the execution and delivery of a lease/purchase agreement.
FISCAL IMPACT:

The resolution will allow the County to reimburse itself for expenditures made in connection with the acquisition of certain vehicles and equipment with a portion of the proceeds to be received by the County in connection with the execution and delivery of a proposed lease/purchase agreement.
RECOMMENDATION:

Recommended Action
To authorize the Governing Body to...

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