ROSWELL NEW MEXICO
COMMITTEE AGENDA ITEM ABSTRACT
COMMITTEE AGENDA ITEM ABSTRACT
12.
Finance Committee
- Meeting Date:
- 05/01/2025
COMMITTEE:
Finance
CONTACT:
Elizabeth Nulf
CHAIR:
Robert B. Corn
ACTION REQUESTED:
Consider recommendation for approval of a new Lease Agreement for equipment with PTS Office Systems, Inc. of Roswell, NM. (Bechtel)
BACKGROUND:
Initiated by: Jeff Bechtel
The current Lease Agreement for equipment has been in place with PTS Office Systems, Inc. since February 2020. The lease is currently expired. PTS Office Systems Inc.’s new 5-year lease will replace all current units with new equipment and include added features to some department units.
The current Lease Agreement for equipment has been in place with PTS Office Systems, Inc. since February 2020. The lease is currently expired. PTS Office Systems Inc.’s new 5-year lease will replace all current units with new equipment and include added features to some department units.
FINANCIAL CONSIDERATION:
Budgeted in Fiscal Year 2025 and in the current budget for FY26.
LEGAL REVIEW:
Legal advised Finance was sufficient
BOARD AND COMMITTEE ACTION:
The Finance Committee is asked to consider approval of the new Lease Agreement for equipment with PTS Office Systems, Inc. and authorization for city manager to execute the lease agreement.
STAFF RECOMMENDATION:
Proceed as presented.