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The lease payments will only minimally increase the City's General Fund debt ratio, from 3.3% <br />to 3.5%, for five years, which is well within the limit of 10% established in the City's financial <br />policies. <br /> <br />Respectfully Submitted, <br /> <br />Susan Rossi <br />Director of Finance <br /> <br />Nelson Fialho <br />City Manager <br /> <br />Attachments: Exhibit A <br /> Exhibit B <br /> <br />Maintenance Equipment Purchase List <br />Summary of Terms and Conditions <br /> <br />SR:05:105 <br />Page 3 <br /> <br /> <br />