Lubbock County Banner Image
File #: 22-0129   
Type: Contracts and Agreements (MOU, Statement of Work) Status: Passed
File created: 11/16/2021 In control: Commissioners Court Regular Meeting
On agenda: 11/22/2021 Final action: 11/22/2021
Title: Discuss, consider and/or take action to authorize an Order of the Commissioners' Court approving a Master Lease Purchase Agreement Schedule 2 with All American Investment Group, LLC as Lessor, and separate leases thereto and Escrow Agreement for the acquisition, purchase, financing and leasing of certain energy savings performance equipment, authorizing the execution and delivery of other documents required in connection therewith; and authorizing all other actions necessary to the consummation of the transaction contemplated by this Order.
Related files: 21-316

Description:

title

Discuss, consider and/or take action to authorize an Order of the Commissioners’ Court approving a Master Lease Purchase Agreement Schedule 2 with All American Investment Group, LLC as Lessor, and separate leases thereto and Escrow Agreement for the acquisition, purchase, financing and leasing of certain energy savings performance equipment, authorizing the execution and delivery of other documents required in connection therewith; and authorizing all other actions necessary to the consummation of the transaction contemplated by this Order.

body

Comment:

These documents have been reviewed by Kathy Williams and Jennifer Irlbeck.  This action will allow for the financing of phase two of the Johnson Controls performance measures contract.  This performance measures agreement was approved by Commissioners Court September 29, 2021 and is attached for reference.