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AG19890905
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AG19890905
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Last modified
3/28/2003 9:14:28 AM
Creation date
11/27/2017 12:07:10 PM
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Template:
Meeting Minutes
Doc Type
Agenda
Meeting Minutes - Date
9/5/1989
Board
Board of Commissioners
Meeting Type
Regular
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Executive Summary <br /> <br /> Cabarrus County needs to upgrade its central telephone <br /> system. Since our phone system reached capacity over a year <br /> ago, we have been unable to add additions lines for new <br /> employees. We do no[ have enough lines coming in (tO) or <br /> going out (6) to handle the public at peak times. <br /> Additionally, the County Manager has communications needs <br /> the Administralion Department that extend beyond our current <br /> equipment. <br /> <br /> The County also needs to quit Paying rent for this phoae <br /> system and buy it. We can buy our current system along with <br /> the needed addition for less money than we are paying in <br /> lease payments. <br /> <br /> Current Monthly Lease Payment = $t,900.66 <br /> New Addition Monthly Lease Payment = 1,705.20 <br /> <br /> Total Monthly Lease Payment = $3,605.86 <br /> <br /> Proposed Monthly Lease/Purchase Payment = $1,414.38 <br /> Additional Line Charges = 372.24 <br /> <br /> Total Monthly Lease/Purchase Psymenl = $1,706.58 <br /> Under currenl budget amounl <br /> <br /> OR <br /> <br /> Purchase of Currant and Proposed Equipment = $64,369.97 <br /> <br />I propose that the County enter into a 5g month <br />ease/purchase agreement with The Concord Telephone Company <br />approximately September 30, 1989, through September 30, <br />1994. We would be paying the telephone company less money <br />per ~onth by making lease/purchase payments versus lease <br />Paymentsl we woald'have an upgraded system; plus, we would <br />own the system. The only additional costs of Ownersh'p <br />would be mainten~n~e of the system after the one year <br />warranty period. This would be $420 per month on a contract <br />basis beginning next fiscal year. We are fortunate to be in <br />a position et increasing services while reducing coete. <br /> <br /> <br />
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