City Council

11. Lease Agreement with Lease Servicing Center, Inc., dba NCL Government Capital for\ntwo vehicles for the Police Department Administrative/Services Division\nThe City Council will consider: (PD)\na. Approving a 5-year Lease Agreement with Lease Servicing Center, Inc., dba NCL Government\nCapital (“NCL”) for the lease of one 2025 Jeep Grand Cherokee and one 2025 Honda Passport\nvehicle to be used as Administration/Services Division vehicles for the Police Department, in the\namount of $23,522 per year; for a total amount of $118,110 including a $500 closing fee;\nb. Approving lease payments in the amount of $23,522 to be budgeted annually, subject to and\nin accordance with the City’s budget process, for five (5) years in the Asset Seizure Fund starting\nin Fiscal Year 2024/2025 and including a $500 closing fee in Fiscal Year 2024/2025; and\nc. Authorizing the Mayor to execute the Agreement, and any other documents that may be\nnecessary to acquire the vehicles in a form acceptable to the City Attorney.\nDocuments:\nItem 11 Report 01142025.pdf