City Council

F. Lease Renewal with Ricoh USA, Inc., for Print Goods and Services\nThe City currently utilizes Ricoh USA, Inc. to lease six copiers and one wide format\nmachine for print, copy, scanning, and fax services, including maintenance. The\ncurrent Master Lease Agreement will expire September 2024. Renewal of the Master\nLease Agreement for a 5 - year term would lock in a fixed monthly lease rate of $1, 795\nor $ 107, 700 for the entire term, and reduced print fees for the entire term.\nRecommendation: That the City Council approve, authorize, and direct the\nCity Manager to enter into a five- year agreement with Ricoh USA, Inc. for print\ngoods and services, in an amount not -to -exceed $ 107, 700 for the entirety of the term.