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Mr. Fialho said it varies depending on the piece of equipment. Staff will create a replacement cycle for each of these pieces of equipment so that at the end of five years, the equipment is either replaced or continues in operation. The thought is that over time, sufficient funding would be set-aside through an internal service mechanism to make sure that there are sufficient revenues to replace this equipment. He pointed out that there are maintenance costs associated with this equipment. Staff typically does not ask Council to execute a lease purchase agreement for maintenance equipment but because this is a new operation, it is more cost advantageous for the City to enter into a lease/purchase agreement. As equipment reaches its useful life, the City will have sufficient funds set aside to purchase new equipment to replace it. Ms. McGovern asked if staff met with CourseCo to discuss everything included on the maintenance purchase equipment list, and if it was mutually agreed upon that this is the equipment that is needed. Mr. Iremonger said staff met with CourseCo and went through the list to make sure that everything included on the list would be needed and used. Mr. Brozosky asked if the price of this equipment is comparable to what the City would pay for parks maintenance, or is this considered specialized equipment that the City does not normally purchase. Mr. Iremonger said some of the equipment is specialized and some is not. It was moved by Ms. McGovern, seconded by Mr. Sullivan, to adopt Resolution 05- 027, a resolution authorizing the City Manager to execute a lease/purchase agreement with Bank of America to purchase maintenance equipment for the Callippe Preserve Golf Course. The roll call vote was taken as follows: AYES: Councilmembers - Brozosky, McGovern and Sullivan NOES: None ABSENT: Mayor Hosterman ABSTAIN: None 6_~e 2005 City Council Meetino Schedule. (SR 05:116) Mr. Fialho presented the staff report. Mr. Brozosky stated that a special Council meeting might need to be held to install the newly elected councilmember as this might fall within the July 5 time frame. Mr. Fialho believed the certified election results of the June 7 Special Election would be provided sooner than they were in November, and if this were to occur, Council could hold a special meeting and have the new councilmember seated at that time. There were no public comments. It was moved by Mr. Sullivan, seconded by Ms. McGovern, to cancel the meetings of July 5, August 2 and December 20, 2005. Pleasanton City Council 13 05/03/05 Minutes