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REQUEST FOR COUNCIL ACTION <br />COIlwril MEETING <br />FEB 2 3 2004 <br />CITY OF ORONO <br />DATE: February 23,2004 <br />ITEM NO: | (j> <br />Dcpartncnt Approval!. 1/ / Adminlslralor Reviewed: Agenda Section:ra« yi <br />Name Tom <br />Title Finance Director h City Administrator's <br />Report <br />Item Description: Declaration of Reimbursement Intent for Police Vehicle Costs and <br />Public Works Capital Equipment Costs - Resolution <br />Attachments: Resolution Declaring Intent To Reimburse Police Vehicle Costs and Public <br />Works Capital Equipment Costs With Equipment Certificate Proceeds. <br />This year the City is purchasing three squad cars for the police department. These vehicles are <br />replacing three current squad cars. In addition the public works department is purchasing a <br />pick up truck, a roadside mower/sweeper, and a brush chipper. The City will issue equipment <br />certificates to finance these costs and to reimburse any City expenditures for these vehicles or <br />equipment. The attached resolution is required for the purpose of complying with treasury <br />regulations to permit the reimbursement of expenditures prior to the sale of the equipment <br />certificates. The resolution also estaolishes the Council meeting of March 22,2004 to consider <br />those proposals solicited. <br />COUNCIL ACTION REQUESTED: <br />Motion to adopt the attached Resolution Declaring Intent To Reimburse Police Vehicle Costs <br />and Public Works Capital Equipment Costs With Equipment Certificate Proceeds. <br />AcaiMV20O««aM*.lai«M.PD-rw VA wpd <br />i