City of Madison Heights Agenda Packet 2026-06-22
City To Buy Out Three Leased Fleet Vehicles
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Description
Madison Heights staff recommend purchasing three previously leased vehicles from Enterprise Fleet Management for $17,656.27 to retain them in the police, fire, and water and sewer fleets. The purchase will use appropriated FY 2027 funds and requires council authorization for the City Manager to finalize documents.
Contract Details
Contract Amount
$17,656.27
Vendor
ENTERPRISE FLEET MANAGEMENT
Agency
City of Madison Heights, MI
Contract Type
EQUIPMENT
Document Date
June 22, 2026
Renewal Info
Leases approved December 14, 2020 have reached end of term; city plans to exercise purchase option at residual value instead of returning the vehicles.
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