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CASSELBERRY CITY COMMISSION <br />Minutes of June 12, 2023 — Regular Mecting <br />Page 4 of 14 <br />Budget Impact: Funding is provided in Budget Amendment #23-060 per various accounts noted in the <br />Budget Amendment Summary. The budget also provides for the payment of the first annual payment due <br />at the inception of the lease. <br />BA #23-060 <br />Explanation of Request: This item seeks City Commission approval to provide funding for Master Lease <br />with Truist Equipment Finance & Leasing Corporation for the purchase of additional equipment and <br />vehicles. <br />Account Number <br />Increase: <br />302-0222-524.67-22 <br />302-0222-524.67-22 <br />302-0720-541.67-39 <br />302-0411-572.67-22 <br />302-0722-519.67-22 <br />001-0222-524.44-01 <br />001-0222-524.44-01 <br />001-0720-541.44-01 <br />001-0411-572.44-01 <br />001-0722-519-44-01 <br />001-0000-389.90-00 <br />302-0000-383.20-00 <br />Account Description Amount <br />Vehicle/ Code Pick-up <br />$ <br />50,000 <br />Vehicle/ Code Pick-up <br />$ <br />50,000 <br />Heavy Equipment/ Streets Flatbed Durnp Truck <br />$ <br />80,000 <br />Vehicle/ Recreation Pickup <br />$ <br />50,000 <br />Vehicle/ Facilities Pickup <br />$ <br />55,000 <br />Rentals and Leases — Financing (Principal) <br />$ <br />17,362 <br />Rentals and Leases — Financing (Principal) <br />$ <br />17,362 <br />Rentals and Leases — Financing (Principal) <br />$ <br />17,362 <br />Rentals and Leases — Financing (Principal) <br />$ <br />17,362 <br />Rentals and Leases — Financing (Principal) <br />$ <br />19,098 <br />Other Non -Operating Source <br />$ <br />88,536 <br />Lease Proceeds <br />$285,000 <br />TOTAL $747,072 <br />Recommendation: The City Manager and the Finance Director recommended approval to purchase two <br />Ford F-150 trucks for the Code Compliance Division, one flatbed truck for the Streets Division at $80,000, <br />one Ford F-150 truck for the Recreation Division at $50,000, and one Ford F-250 truck for the Facilities <br />Division at $55,000 and approval of related Budget Amendment 423-060. <br />D. Approval to Purchase Additional Vehicles and Related Budget Amendment #23- <br />062 <br />Introduction: Approval to purchase additional vehicles totaling $160,000 funded utilizing reserves and <br />related Budget Amendment 423-062 is requested. These include one flatbed dump truck for the Stormwater <br />Division at $80,000 and one service truck for the Water and Sewer Distribution and Collection Division at <br />$81,000. <br />Budget Impact: Funding is provided in Budget Amendment 923-062 per various accounts noted in the <br />Budget Amendment Summary. <br />BA #23-062 <br />