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HomeMy WebLinkAbout2024-05-06 I01K_03 General Fund Lease Agreement_Postage Equipment_Set PHAGENDA ITEM: CITY OF WAUKEE, IOWA CITY COUNCIL MEETING COMMUNICATION MEETING DATE: May 6, 2024 AGENDA ITEM:Consideration of approval of a resolution fixing date of public hearing on the authorization of a Not to Exceed $90,000 Lease Agreement for postage equipment, payable from the General Fund FORMAT:Consent Agenda SYNOPSIS INCLUDING PRO & CON: The City’s lease agreement with Pitney Bowes for the City Hall postage meter and folder/inserter is scheduled to expire. Also, the postage meter must be replaced with a machine that will comply with new U.S. Post Office that go into effect July 1, 2024. FISCAL IMPACT INCLUDING COST/BENEFIT ANALYSIS:Not to exceed $90,000 COMMISSION/BOARD/COMMITTEE COMMENT: STAFF REVIEW AND COMMENT: City bond counsel has provided the proceedings to set a public hearing date on the proposed lease agreement. RECOMMENDATION: Approve the resolution. ATTACHMENTS: I. Proposed Resolution PREPARED BY:Becky Schuett REVIEWED BY: PUBLIC NOTICE INFORMATION – NAME OF PUBLICATION: DATE OF PUBLICATION: I1K3 RESOLUTION 2024- RESOLUTION FIXING DATE FOR A PUBLIC HEARING ON THE PROPOSITION TO AUTHORIZE A LEASE AGREEMENT PAYABLE FROM THE GENERAL FUND IN THE PRINCIPAL AMOUNT OF NOT TO EXCEED $90,000 FOR PERSONAL PROPERTY FOR USE BY THE CITY, AND PROVIDING FOR PUBLICATION OF NOTICE THEREOF (POSTAGE EQUIPMENT) WHEREAS, it is deemed necessary and advisable that the City of Waukee, Iowa, should enter into a Lease Agreement, a copy of which is available at City Hall, in the aggregate principal amount of not to exceed $90,000 as authorized by Section 364.4 of the Code of Iowa, for the purpose of providing funds to pay costs of leasing postage equipment for city facilities; and WHEREAS, the term of the proposed lease does not exceed the economic life of the property to be acquired; and WHEREAS, the Lease Agreement shall be payable from the General Fund of the City, and aggregate annual payments due on the proposed Lease Agreement and all other lease or lease-purchase agreements in force on the date of authorization will not exceed ten (10) percent of the last certified general fund budget amount; and WHEREAS, before the Lease Agreement may be authorized, it is necessary to comply with the provisions of said Code, and to publish a notice of the proposal and of the time and place of the meeting at which the Council proposes to take action for the authorization of the Lease Agreement and to receive oral and/or written objections from any resident or property owner of said City to such action. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WAUKEE, IOWA: Section 1. That this Council meet in the Council Chambers, City Hall, 230 West Hickman Road, Waukee, Iowa, at 5:30 P.M., on the 20th day of May, 2024, for the purpose of taking action on the matter of the authorization of a Lease Agreement payable from the General Fund, in the principal amount of not to exceed $90,000, the proceeds of which will be used to provide funds to pay costs of leasing postage equipment for city facilities. Section 2. That the Clerk is hereby directed to cause at least one publication to be made of a notice of said meeting, in a legal newspaper, printed wholly in the English language, published at least once weekly, and having general circulation in said City, said publication to be not less than four clear days nor more than twenty days before the date of said public meeting on the authorization of said agreement. Section 3. The notice of the proposed action to authorize said agreement shall be in substantially the following form: (To be published on or before May 14, 2024) NOTICE OF MEETING OF THE COUNCIL OF THE CITY OF WAUKEE, IOWA, ON THE MATTER OF THE PROPOSED AUTHORIZATION OF A LEASE AGREEMENT (GENERAL FUND) IN THE PRINCIPAL AMOUNT OF NOT TO EXCEED $90,000, FOR PERSONAL PROPERTY FOR USE BY THE CITY, AND THE PUBLIC HEARING ON THE AUTHORIZATION THEREOF (POSTAGE EQUIPMENT) PUBLIC NOTICE is hereby given that the City Council of the City of Waukee, Iowa, will hold a public hearing on the 20th day of May, 2024, at 5:30 P.M., in the Council Chambers, City Hall, 230 West Hickman Road, Waukee, Iowa, at which meeting the Council proposes to take additional action for the authorization of a Lease Agreement payable from the General Fund, in the principal amount of not to exceed $90,000, the proceeds of which will be used in order to provide funds to pay costs of leasing postage equipment for city facilities. Aggregate annual payments due from the general fund of the City on the proposed Lease Agreement and all other lease and lease-purchase agreements in force on the date of authorization will not exceed ten (10) percent of the last certified general fund budget amount. At the above meeting the Council shall receive oral or written objections from any resident or property owner of said City, to the above action. After all objections have been received and considered, the Council will at this meeting or at any adjournment thereof, take additional action for the authorization of said agreement or will abandon the proposal. This notice is given by order of the City Council of Waukee, Iowa, as provided by Section 364.4 of the Code of Iowa, as amended. Dated this 6th day of May, 2024. Rebecca D. Schuett City Clerk of Waukee, Iowa (End of Notice) PASSED AND APPROVED this 6th day of May, 2024. Mayor ATTEST: City Clerk