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Equipment Lease Agreement - PNC Equipment Finance - City Department Vehicles and Equipment
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Equipment Lease Agreement - PNC Equipment Finance - City Department Vehicles and Equipment
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4/2/2025 8:47:52 AM
Creation date
5/9/2018 12:05:24 PM
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Board of Public Works
Document Type
Contracts
Document Date
5/8/2018
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BOARD OF PUBLIC WORKS <br />AGENDA ITEM REVIEW REQUEST FORM <br />Date May 2, 2018 <br />Name Benjamin Dougherty Department Admin & Finance <br />BPW Date May 8, 2018 Phone Extension 7678 <br />❑ Professional Services <br />❑ Bid Opening <br />❑ Quote Opening <br />❑ Chg Order No. <br />❑ Ease./Encroach. <br />M Other: Equipment Lease <br />Financina <br />❑ Amendment <br />❑ Bid Award <br />❑ Quote Award <br />❑ C/O & PCA No. <br />❑ Traffic Control <br />❑ Req. to Advertise ❑ Title Sheet <br />❑ PCA <br />❑ Resolution <br />❑ Claim <br />Company or Vendor Name <br />PNC Equipment Finance, LLC <br />❑ Yes ❑ if Yes, Approved by Purchasing <br />New Vendor <br />® No <br />MBE/WBE Contractor <br />❑MBE Completed E.-Verify Form Attached ❑Yes <br />❑ WBE __ _ ❑ No <br />Project Name <br />2018 Vehicle and Equipment Lease Financing #1 <br />Project Number <br />None <br />Funding Source <br />Departmental budgets <br />Account No. <br />Various <br />Amount <br />$6,115,434 <br />Terms of Contract <br />Lease financing for vehicles and equipment in amount of <br />$6,115,434. Interest rate of 2.961 %. Subject to negotiation of <br />final terms and documents. <br />Purpose/Description <br />. <br />For. Chan e Orders Onl' <br />nt of <br />Amount <br />❑ Increase $ <br />❑ Decrease $ <br />Previous Amount <br />$ <br />Current Percent of Change: <br />% <br />New Amount <br />$ <br />Total Percent of Change: <br />Time Extension: <br />Dispersal After Approval <br />Copy Original <br />❑ ❑ <br />❑ ❑ <br />n F-1 <br />
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