AN ORDINANCE to take effect immediately provided it receives the affirmative vote of at least two thirds of the members of Council, or otherwise to take effect and be in force at the earliest period allowed by law, authorizing the Director of Finance to enter into Equipment Leases in forms approved by the Director of Law on behalf of the City of Lakewood (“City”). source
Authorizes the Director of Finance to enter into lease-purchase agreements of up to $2,375,000, at no more than 8% annual interest and for terms of no more than 20 years. The equipment listed includes a fire medical squad ($385,000), a fire special operations truck ($600,000), five police vehicles ($420,000), a refuse packer truck, a salt truck and two sewer vehicles. pdf Written by AI from the legislation PDF
Authorizes the Director of Finance to enter into lease-purchase agreements of up to $2,375,000, at no more than 8% annual interest and for terms of no more than 20 years. The equipment listed includes a fire medical squad ($385,000), a fire special operations truck ($600,000), five police vehicles ($420,000), a refuse packer truck, a salt truck and two sewer vehicles. pdf Written by AI from the legislation PDF