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R-12-02 1! RESOLUTION NO. R -12 -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 one (1) "2012 Freightliner Model M2 106 Chassis, with J &J Aluminum Dump Body, mounted ODB Model SKB 650/700 Leaf Collector" with annual payments of $30,803.64 to be paid for five consecutive years, subject to annual appropriation by the City Council; and WHEREAS, this truck is needed to replace the truck currently in inventory, which has i + exceeded its current useful life in addition to having numerous safety and mechanical issues. In order to maintain leaf collection services for the citizenry while maximizing the safetti and 1' effectiveness of the staff in the Refuse and Recycling Division of the Public works I Department, a replacement truck is needed. { ti 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. d� 1 �' 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 on January 10, 2012. c23 Mayor ATTEST': City Clerk The vote on the motion to approve was recorded as follows: VOTE: Councilman Drummond Aye Councilman Greenfield Aye Councilman Meyer Aye Councilmember Schmidt Aye Councilman Silverthorne Aye Councilman Stombres Absent