HomeMy WebLinkAboutResolution - 2007-R0001 - Amend Master Lease Program And Adjust Budget For FY 16-17 - 01_12_2007Resolution No. 2007—R0001
January 12, 2007
Item No. 5.8
RESOLUTION
WHEREAS, the City Council of the City of Lubbock, pursuant to that certain
Resolution No. 2006-R0614 (the "Original Resolution"), dated December 19, 2006,
authorized and approved the equipment and property to be purchased as part of the City
of Lubbock's Master Lease Program budgeted for the FY 2006-07 Operating Budget, as
described therein;
WHEREAS, it has come to the attention of the City Council of the City of
Lubbock that, in addition to the property described in the Original Resolution, additional
property and equipment than that described in the Original Resolution is now in need of
being purchased as part of the City of Lubbock's Master Lease Program for the FY 2006-
07 Operating Budget; NOW THEREFORE:
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK:
THAT the equipment and property described on Exhibit "A", attached hereto and
made a part hereof for all purposes and intents, shall be added to the property and
equipment to be purchased as part of the Master Lease Program budgeted for the FY
2006-07 Operating Budget, and the Original Resolution shall be amended to reflect such
addition.
Except as otherwise amended herein, the Original Resolution shall remain valid
and effective as originally provided.
Passed by the City Council this I2ffi day of January , 2007.
DAVID A. AELLER, MAY R
TTEST:
becca G*za, City Secretary
APPROVED AS TO CONTENT:
Lo kiv,-) ta,4
Jeffrey X. Yates, Chief inancial Officer
APPROVED A5 FORM:
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Richard K. Casner, First Assistant City Attorney
ml/ccdocs/Equ ip VehPurch06-07-Add.res
January 8, 2007
City of Lubbock, TX Resolution No. 2007-R0001
Finance Department
Master Lease Financed Projects
Exhibit "A"
Amount Description
$ 150,000 Installation of Cameras in the Council Chambers and Committee Room.
This includes installation, integration, all cables, connectors, interfaces,
miscellaneous hardware required to install equipment, system test, and
operational training.
$ 150,000 Total of Master Lease Items = approximately $35,000 annual payment
1/8/2007 1:42:00 PM