HomeMy WebLinkAboutAgenda Statement 1975/05/06 Item 10AGENDA ITEM N0. [10 ]
CIfULA VISTA CITY COUNCIL MEETING OF: Mdy 6, 1975
ITEM TITLE: Resolution - Authorizing purchase of Mayor's sedan and
appropriation of funds
INITIATED BY: h9ayor Hamilton
BACKGROUND
The lease on the 1972 Oldsmobile sedan assigned to the Mayor expired May 4,
1975. The vehicle presently has approximately 27,500 miles and has been
regularly maintained by City forces and is in excellent condition.
Ball Leasing, the Lessor, will sell the vehicle to the City for $2,5$0.00,
including sales tax. An additional year's lease would~be at the current
rate of $122.40 per month. Kelley Blue Book average wholesale value with
the present equipment and mileage is $2,775.00, plus tax.
Funds are not available in account C31-1105 for the purchase, therefore, it
is requested that $2,550.00 be appropriated from the unappropriated reserves.
ATTACHED: Resolution [X] Ordinance [ ] Agreement [ ] Plat [ ]
See EXHIBITS ~(] No. 1
Financial Statement: Special appropriation of $2,550.00 from
unappropriated reserves.
Commission-Board Recommendation: N.A.
Department Head Recommendation:
City Manager Recommendation: N,A,
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