Laserfiche WebLink
BOARD OF PUBLIC WORKS <br />AGENDA ITEM REVIEW REQUEST FORM <br />Date 7/22/16 <br />Name John Murphy/Ron O'Connor Department Adm/Finance <br />BPW Date 8/9/16 H� Phone Extension 7678 <br />Required Prior to Submittal to Board <br />Legal ® Attorney Name Michael Schmidt <br />Controller ® Controller review is required for all Contracts $5,000.00 or more and <br />greater than one year in length per the City Purchasing Policy <br />Purchasing ® <br />George King <br />Check the Appropriate Item Type — Required for All Submissions <br />® <br />Agreement <br />® Contract ❑ Proposal ❑ Addendum <br />❑ <br />Professional Services <br />❑ Resolution <br />❑ <br />Bid Opening <br />❑ Bid Award ❑ Req. to Advertise ❑ Title Sheet <br />❑ <br />Quote Opening <br />❑ Quote Award <br />❑ <br />Change Order No. <br />❑ C/O & PCA No. ❑ PCA <br />❑ <br />Ease/Encroach. <br />❑ Traffic Control <br />® <br />Other: Capital Lease <br />Company or Vendor Name <br />PNC Equipment Finance <br />New Vendor <br />Ll Yes ® <br />No ❑ If Yes, Approved by Purchasing <br />MBE/WBE Contractor <br />❑ MBE ❑ WBE <br />Project Name <br />2016 Parks & Recreation Department Capital Lease Amendment <br />Project Number <br />None <br />Funding Source <br />Parks & Recreation Fund 201 <br />Account No. <br />201-1101-452-37-11 principal) 201-1101-452-37-12 <br />Amount <br />$ 78,808.00 <br />Terms of Contract <br />Amendment to the five-year capital lease with PNC Equipment Finance <br />approved by the BPW on May 24, 2016 to increase the borrowing amount <br />by $78,808.00 to purchase two additional vehicles for the Parks & <br />Recreation Department. PNC agreed to hold the interest rate at 1.522% <br />Purpose/Description <br />❑ Required Contractor's Certification Form Attached (Non - <br />Collusion, Non -Discrimination, Non -Debarment, E-Verify, Iran, etc.) <br />Required For Change Orders Only <br />Amount of H Increase <br />❑ Decrease <br />Previous Amount $ <br />Current Percent of Change: <br />New Amount <br />Total Percent of Change: <br />Dispersal After Approval <br />Copy <br />Original <br />❑ <br />❑ <br />❑ <br />❑ <br />❑ <br />❑ <br />