§ 3.24.200. Equipment leasing.

Latest version.

(a)

Leasing of equipment shall be in accordance with the authority limits set forth in article II of this chapter, depending upon the annual cost of the lease.

(b)

Each contract for the leasing or rental of equipment for the city shall contain a provision permitting the city to terminate the contract at the end of any fiscal year during the term of the contract upon not less than 30 days' written notice to the other party.

(Ord. No. 890B, § 2A.(Exh. A), 3-11-2014)

                    
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