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Res No 071-11-13385RESOLUTION NO.: 71-11-13385 A Resolution of the Mayor and City Commission of the City of South Miami, Florida, authorizing the City Manager to execute a lease agreement for a postage machine pursuant to State of Florida Mail Processing Equipment ITB Contract No. 05- 600 - 760 -T. This lease agreement shall be at the rate of $124.00 per month for the duration of a sixty (60) month period, a five (5) year term, and shall provide for an effective date. WHEREAS, The City is in need of a postage machine and maintenance for the same; WHEREAS, the City wants to enter into a postage machine lease agreement MailFinance, Inc. pursuant to the same terms and conditions as State of Florida Mail Processing Equipment ITB Contract No. 05- 600 - 760 -T; and WHEREAS, the lease agreement would provide the City with a postage machine and maintenance for the same at the rate of $124.00 per month for the duration of a sixty (60) month period, a five (5) year term; and NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND CITY COMMISSION OF THE CITY OF SOUTH MIAMI, FLORIDA: Section 1. The City Manager is authorized to execute a postage machine lease agreement with MailFinance, Inc. at the rate of $124.00 per month for the duration of a sixty (60) month period, a five (5) year term. Section 2. This expenditure shall be charged to the Postage Account No. 001 -1320- 513 -4110 with a current account balance of $2,587.64. Section 3. This resolution shall be effective immediately upon adoption. PASSED AND ADOPTED this 19thday of April , 2011. ATTEST: APPROVED: A� Mayor COMMISSION VOTE: 4 -0 Mayor Stoddard Yea Vice -Mayor Newman Yea Commissioner Palmer absent Commissioner Beasley Yea Commissioner Harris Yea TO: Honorable Mayor Stoddard and Members of t e Commission VIA: Hector Mirabile, Ph. D., City Mana -r FROM: Alfredo Riverol; Finance Directo DATE: April 12", 2011 end m No. RE: Postage Machine Lease Agreement Subject: A Resolution of the (Mayor and City Commission of the City of South Miami, Florida; authorizing the City Manager to execute a lease agreement for a postage machine pursuant to State of Florida Mail Processing Equipment ITB Contract No. 05- 600 -760- T. This lease agreement shall be at the rate of $124.00 per month for the duration of a sixty (60) month period, a five (5) year term, and shall provide for an effective date. Background: The City is in need of a postage machine and maintenance for the same. In response to this need, the City wants to enter into a postage machine lease agreement with MailFinance, Inc. pursuant to the same terms and conditions as State of Florida Mail Processing Equipment ITB Contract No. 05- 600 - 760 -T. This lease agreement would provide. the City with a postage machine and maintenance for the same at the rate of $124.00 per month for the duration of a sixty (60) month period, a five (5) year term. Rate: $124.00 per month for a sixty (60) month period, a five (5) year term. Account Number Account No. 001-1320-513-4110 with current balance of $2,587.64. and Balance: Supporting ® Proposal Documentation: ® Lease Agreement ® State Pricing Schedule Email \� l � ƒ} ƒ \\ \ \ g W �\ E }/ \/ \� i\ © ��/ � ) %a � � 9 !,!, � §� ! ( ; }<. � 2 q gal �M ES ;,f s.� _may. Ago €'e _. °m �.9 En °`i Yi t b. a t !e o V A S S N g' P _" lips Eb `u c... �5 E E9 KE. EE E �� H $.e Rte, s s '3 m. 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