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L <br />riMG <br />REQUEST FOR COUNCIL ACTION <br />JAN 2 7 2003 <br />Cl IY Oh OHONO <br />DATE: January 27,2003 <br />ITEM NO: /$" <br />Department Approval: ^ Administrator Reviewed: Agenda Section: <br />Name Tom Kuehn ^'fe^ <br />Title Finance Director <br />Item Description: Declaration of Reimb <br />Resolution <br />City Administrator ’s <br />Report <br />ent Intent for Police Vehicle Costs - <br />Attachments: Resolution Declaring Intent To Reimburse Police Vehicle Costs With <br />Equipment Certificate Proceeds. <br />This year the City is purchasing three squad cars for the police department. These <br />vehicles are replacing three current squad cars. The City will issue equipment certificates <br />to finance the vehicle costs and to reimburse any City expenditures for these vehicles. <br />The attached resolution is required for the purpose of complying with treasury regulations <br />to permit the reimbursement of expenditures prior to the sale of the equipment <br />certificates. The resolution also establishes the Council meeting of February 24,2003 to <br />consider those proposals solicited. <br />COUNCIL ACTION REQUESTED: <br />Motion to adopt the attached Resolution Declaring Intent To Reimburse Police Vehicle <br />Costs With Equipment Certificate Proceeds. <br />Wori NifcuvYom\Mi— «fd <br />i ’V <br />. i