|
Title:
|
Authorizes the Manager of Finance to provide financing through a capital lease purchase transaction on behalf of Technology Services to acquire and implement a new property tax collection system totaling $4,338,149. (GENERAL GOVERNMENT & FINANCE) Approves a 5-year capital lease purchase transaction with Banc America Public Capital Corp. for purchase of a property tax collection system and associated equipment from Manatron Inc. costing $4,338,149, with annual lease payments of approximately $930,000 for total cost of approximately $4,650,000. This is a companion to CB11-0052 and CB11-0053. The last regularly scheduled Council meeting within the 30-day review period is on -11. The Committee approved filing this bill at ita meeting on 2-2-11.
|