Legislation Details

File #: 2024-251    Version: 1 Name:
Type: Resolution Status: Agenda Ready
File created: 5/20/2024 In control: City Council
On agenda: 5/28/2024 Final action:
Title: RECEIVE BIDS AND CONSIDER RESOLUTION NO. 2024-R42; A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF BOERNE, TEXAS, AWARDING THE BID FOR AN EQUIPMENT LINE OF CREDIT TO _______________ FOR AN AMOUNT NOT TO EXCEED $__________; AND AUTHORIZING THE CITY MANAGER TO MANAGE AND EXECUTE THE RELATED LEASE AGREEMENT.
Sponsors: Sarah Buckelew
Attachments: 1. AIS -Equipment line of credit, 2. Resolution No. 2024-R42, 3. BID TABULATION AND RESULT, 4. RFP Equipment line of credit

Title

RECEIVE BIDS AND CONSIDER RESOLUTION NO. 2024-R42; A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF BOERNE, TEXAS, AWARDING THE BID FOR AN EQUIPMENT LINE OF CREDIT TO _______________ FOR AN AMOUNT NOT TO EXCEED $__________; AND AUTHORIZING THE CITY MANAGER TO MANAGE AND EXECUTE THE RELATED LEASE AGREEMENT.

 

 

Recommendation

RECOMMENDED VERBIAGE FOR CITY COUNCIL ACTION:

Receive Bids And Approve Or Deny Resolution No. 2024-R42; Awarding The Bid For An Equipment Line Of Credit To Frost Bank For An Amount Not To Exceed $3,175,000.00; And Authorizing The Execution Of The Agreement.

 

 

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