Title
Resolution - Approval of Fleet Management Vehicle Acquisition for 2020 Capital Improvement Plan Budget - R Arellano
Other Info
Submitted By: Richard Arellano
Department: Support Services
Financial Impact and Cost/Benefit Considerations: $4,000,000
Discussion
This action is to approve the advance purchase of 2020 fleet assets of $4,000,000. The expenditure will take place in 2020 and be included in the 2020 Fleet Capital Improvement Plan budget. To expedite receipt and management of the vehicles in the 2020 budget year, this advanced ordering process is necessary.
Body
BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE COOPERATIVE, that the Board approves the advanced purchase for additional fleet vehicles of $4,000,000 as part of the 2020 Fleet Capital Improvement Plan; and
BE IT FURTHER RESOLVED, that the Chief Executive Officer, or designee, is authorized to take all such actions as needed to implement this resolution.