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R-12-67 RESOLUTION NO. R-12-67 APPROVAL OF A LEASE AGREEMENT LEASE/PURCHASE O F LEASING & FINANCING TWELVE VEHICLES AND IECES OF EQUIPMENT WHEREAS, the City Council has approved the FY2013 Capital Budget including the lease-purchase of twelve (12) replacement nsec and subject touannual tappropriation payments of$149,300 to be paid for five consecutive years, the City Council; and WHEREAS, these vehicles and pieces of equipment are needed to replace current inventory that has exceeded its current useful life; NOW, THEREFORE 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: November 27, 2012 CZ,J-2-; Mayor /2/02. Date ATTEST: ,/ L5*. // City Clerk The vote on the motion to approve was recorded as follows: VOTE: Councilman DeMarco Aye Councilman Drummond Aye Councilman Greenfield Absent Councilman Meyer Aye Councilmember Schmidt Aye Councilman Stombres Aye