ORDAuthorizeAgreement DELL 2025.docx

ORDER AUTHORIZING THE ADMINISTRATION TO ENTER INTO A LEASE-PURCHASE AGREEMENT WITH DELL FINANCIAL SERVICES, INC. FOR COMPUTER EQUIPMENT WHEREAS , in an effort by the City of Laurel to upgrade the computer equipment in each department of the City, the City of Laurel would like to enter into a 48-Month Lease-Purchase Agreement with Dell Financial Services. At the end of the lease agreement the City will have to the option to purchase the equipment outright for $1 or the equipment can be returned and a new lease offer will be presented. The computer equipment will be lease- purchased from Dell Technologies, Inc under MS State IT Hardware Express Products List 3760. The annual payment for the lease agreement will be $39,612.50 and will be taken from Account # 120-200-538.0. A copy is attached hereto as EXHIBIT A. WHEREAS, in order to perform this upgrade, the City must enter into a Lease-Purchase agreement with Dell Financial Services, Inc. NOW, THEREFORE, IT IS ORDERED by the Laurel City Council that Mayor Johnny Magee, acting on behalf of the City of Laurel, is authorized to sign the Lease-Purchase Agreement with Dell Financial Services, Inc. for the computer equipment. IT IS FURTHER ORDERED, that the Finance Director is authorized to make any budgetary transactions necessary for implementation of the forgoing order. SO ORDERED , this the 19 th day of August , A.D., 20 2 5 . Adoption of the above and f oregoing O rder was moved by C ouncilperson Capers , and second was by Councilperson Allen , upon roll call vote, the result was as follows: YEAS: Capers, Scruggs, Carmichael, Amos, Allen NAYS: None ABSTANING: None ABSENT: Kelly, Thomas The President thereupon declared the m otion carried and the Order adopted this the 19 th day of August , 20 2 5 . ____________________________ PRESIDENT OF THE COUNCIL ATTESTED AND SUBMITTED TO THE MAYOR FOR APPROVAL BY THE CLERK OF THE COUNCIL ON______________________________. ___ _ __ __ _________________________ CLERK OF THE COUNCIL APPROVED ( ) DATE ___________ VETOED ( ) DATE __ _ _ _______ ____ _______ ______________________ MAYOR ATTEST: ___ _____ _____________________ MUNICIPAL CLERK ***************** Min. of 08/19/2025 ; Book No. 104 ; Agenda Item No._ 4G _; Page. No._________