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356 <br />REGULAR MEETING <br />DECEMBER 4, 1989 <br />The regular meeting of the Board of Public Works was convened at <br />9:33 a.m. on Monday, December 4, 1989, by Board President John E. <br />Leszczynski, with Mr. Leszczynski, Mrs. Patricia E. DeClercq and <br />Ms. Katherine Humphreys present. Also present was Assistant City <br />Attorney Jenny Pitts Manier. <br />APPROVE MINUTES OF PREVIOUS MEETING <br />Upon a motion made by Mrs. DeClercq, seconded by Ms. Humphreys <br />and carried, the minutes of the November 27, 1989, regular <br />meeting of the Board were approved. <br />APPROVE LEASE PURCHASE AGREEMENT AND RELATED DOCUMENTS - LEAF <br />VACUUMS <br />Mr. Leszczynski advised that the following documents have been <br />submitted to the Board for approval and execution in regards to <br />the lease purchase of twelve (12) leaf vacuums: <br />1. Lease Purchase Agreement <br />2. Rider No. 1 <br />3. Schedule of Payments <br />4. Certificate of Acceptance <br />5. Description of Equipment <br />6. Incumbency Certificate <br />7. Insurance Commitment <br />8. Essential Use Letter <br />9. Two (2) UCC Financing Statements <br />Board Attorney Jenny Pitts Manier advised that the Lease Purchase <br />Agreement, with semi-annual payments, is for a period of three <br />(3) years at an interest rate of 8.150. She also stated that the <br />principal amount is $181,748.00 which is $179,748.00 plus <br />$2,000.00 in charges for exhaust chute extensions and flexible <br />leaf box connectors. <br />In response to questions from the news media, Mr. Leszczynski <br />advised that the Payment Schedule indicates that semi-annual <br />payments will be $34,755.29. <br />Therefore, Mrs. DeClercq made a motion that the Lease Purchase <br />Agreement and related documents as outlined above be approved. <br />Ms. Humphreys seconded the motion which carried. <br />In response to questions from the news media, it was noted that <br />the boxes that were attached to the leaf vacuums are not included <br />in this Lease Purchase Agreement and they will be financed <br />separately. Mr. Leszczynski noted that the City did not have the <br />manpower to produce the required boxes and found a company that <br />could produce the boxes more cost effectively. He noted that the <br />approximate cost for these boxes is $30,000.00. <br />Further, in response to an inquiry from the news media, Mr. <br />Leszczynski indicated that the leaves that were picked -up have <br />been stored at various sites throughout the City and that the <br />mulch, which would not be available for approximately two (2) <br />years, could be made available to interested individuals at that <br />time. <br />APPROVE SUPPLEMENTAL AGREEMENT NO. 1 - COMPUTERIZED TRAFFIC <br />SIGNAL SYSTEM <br />Mr. Leszczynski advised that Clyde E. Williams & Associates, <br />Inc., has submitted to the Board Supplemental Agreement No. 1 to <br />an Agreement that was previously approved on February 6, 1989, <br />for engineering services for a project which entails an areawide <br />traffic control and surveillance system to include approximately <br />forty-six (46) intersections in the Central Business District. <br />1 <br />I <br />1 <br />