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HomeMy WebLinkAbout1984-11-20; City Council; 7485-1; Duplication EquipmentCITI 1F CARLSBAD - AGENT. ALL AB # 7485-1 TITLE: DEPT. HD. 6 MTG. 11/20/84 DUPLICATION EQUIPMENT CITY ATTY•Vi ®EPT. CS CITY MGR.� RECOMMENDED ACTION: Approve the 60-month lease/purchase of the Xerox 1075 administration copy machine. ITEM EXPLANATION: On September 6, 1983, Council authorized staff to replace the two administration copy machines. Since that time, department relocations have resulted in moving copy machines to different locations to meet the copy needs of those departments not located in close proximity to City Hall. The machines will not change locations any further, and the machines located in administration will remain there. As a result of the moves and trials of different machines, a Xerox 1075 is located in administration on a rental. An analysis of the cost of the machine shows it would benef it the City to lease the machine on a 60-month lease/purchase plan. Over the five-year period, the City would save approximately $8,000 with the lease/purchase option. As with the other administration copy machine, at the end of five years, the City will have the option to purchase the machine. Buyout cost, in five years, will be $5,436. Rental costs on the machine in five years will be in excess of $2,000 a month. FISCAL IMPACT Conversion to the lease/purchase plan will result in a savings to the City in the first year in the amount of approximately $1,500. At the end of the five- year term lease, a savings of approximately $8,000 will be realized. The savings after the fifth year will. increase significantly. ME B .,a Z 0 0