Title
Resolution - A Resolution of the City of Mansfield, Texas, Authorizing the Fire Chief to Act as the City’s Representative in Entering into a Lease Agreement with Flex Financial, a Division of Stryker Sales LLC to Lease Durable Medical Equipment in the Amount of $3,237,591 Payable in Ten Annual Payments
Requested Action
Consider and approve the Resolution to enter into a Lease Agreement with Flex Financial, a division of Stryker Sales LLC for the Fire Department to lease durable medical equipment.
Recommendation
Staff recommends approval.
Description/History
Stryker Sales LLC will lease durable medical equipment (e.g. cardiac monitors, CPR equipment, stair chairs, stretchers and stretcher loading mechanisms) to the City of Mansfield Fire Department in the amount of $3,237,591 payable in 10 annual payments.
Justification
Entering into this Agreement will provide our department and the city with state-of-the-art equipment, a maintenance program, and an equipment replacement program that is FDA compliant. Additionally, it will
secure pricing for the next ten years along with providing for a complete upgrade with next generation equipment as technology improves.
Funding Source
City of Mansfield General Fund
Prepared By
Michael Ross, Fire Chief