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R-11-02 RESOLUTION NO. R -11 -02 APPROVAL OF A LEASE AGREEMENT WITH TCF EQUIPMENT FINANCE FOR THE LEASE /PURCHASE OF THREE TRASH TRUCKS WHEREAS, the City Council has approved the FY2011 Capital Budget including the lease purchase of three (3) "Mack Granite" series, tandem axle trash trucks with "Heil 5000" packers with annual payments of $130,000 to be paid for five consecutive years, subject to annual appropriation by the City Council; and WHEREAS, these trash trucks are needed to replace outdated and unreliable trash trucks to adequately maintain Refuse and Recycling services for the citizenry, while maximizing the effectiveness of the staff in the Refuse and Recycling Division of the Public Works Department ; and NOW, THERFORE BE IT RESOLVED, by the City Council of the City of Fairfax, Virginia, that the City Manager is authorized and directed to finalize and execute any necessary documentation in connection with the above - referenced transaction, in form approved by the City Attorney. BE IT FURTHER RESOLVED, that the City Council of the City of Fairfax, Virginia hereby approves and ratifies each of the resolutions contained in that certain Resolution and Certificate of Incumbency to the extent not already contained within this resolution. ADOPTED this 11 day of January, 2011. Mayor ATTEST: / • !/ r Li nq, Cit y Clerk The vote on the motion to approve was recorded as follows: VOTE: Councilwoman Cross Aye Councilman Drummond Aye Councilman Greenfield Aye Councilman Meyer Aye Councilwoman Schmidt Aye Councilman Stombres Aye