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®50vTg 4�®®®`•Q�. ,�,}li�ll,#,V/,� 4,,o.®t CITY of SOUTH �:�END <br /> 0 H 41x\0 <br /> i ��pEAOE�� d'AI ROGER O. PARENT, Mayor ii <br /> 04 4t•��,;,- �'4.Af <br /> COUNTY-CITY BUILDING SOUTH BEND, INDIANA 46601 <br /> John E. Leszczynski July 1, 1985 (219) 284-9251 <br /> Director,Public Works <br /> Mrs . Beverlie Beck, President <br /> South Bend Common Council <br /> 4th Floor Council Chambers <br /> South Bend, IN 46601 <br /> Dear President Beck: <br /> The enclosed ordinance appropriating $450, 000 from the Sewage <br /> Works Depreciation Fund is being filed for first reading of the July <br /> 8 , 1985 Council meeting. Through this ordinance the Bureau of <br /> Sanitation will be purchasing eight (8) high compaction vehicles to <br /> be leased to the Department of Solid Waste for a period of ten (10) <br /> years. The high compaction vehicles will allow us to streamline our <br /> operations and minimize rising costs in the area of landfill fees. <br /> Additionally the vehicles will allow us to utilize a two (2) man per <br /> vehicle concept which should result in a cost savings over our <br /> current operation. <br /> The lease agreement calls for the Bureau of Solid Waste to <br /> make monthly payments over a ten (10) year period to the Sewage Works <br /> Depreciation Fund for the lease of the equipment at an interest rate <br /> of 6% per year. It is anticipated that the equipment will have about <br /> a ten (10) year life and would become the property of Solid Waste at <br /> the end of that time. Payments would begin upon delivery and <br /> acceptance of the equipment by the Bureau of Sanitation. <br /> If you have any questions, please feel free to contact my <br /> office. <br /> Sincerely, <br /> e , I <br /> • i • <br /> .hn Leszczyns- �, Director <br /> Public Works <br /> JL/caw <br /> C3 <br />