ADOPTED - FEBRUARY 10, 2009

                                                                                                                Agenda Item No. 8

Introduced by the County Services and Finance Committees of the:

INGHAM COUNTY BOARD OF COMMISSIONERS

RESOLUTION ENTERING INTO AN AGREEMENT WITH KEY GOVERNMENT FINANCE, INC. FOR THE FINANCING OF NEW CISCO CORE INFRASTRUCTURE EQUIPMENT AND MAINTENANCE FOR THE INGHAM COUNTY MANAGEMENT INFORMATION SERVICES DEPARTMENT

#09-030

WHEREAS, the Management Information Services (MIS) Department has a need to replace the current five-year old Cisco core network infrastructure with new, state-of-the-art Cisco core infrastructure; and

WHEREAS, the MIS Department in conjunction with the Purchasing Department sought proposals for new Cisco core infrastructure, and after review and evaluation, are recommending accepting the proposal from Analysts International Corporation; and

WHEREAS, Analysts International’s proposal included financing options available through Key Government Finance, Inc., a Cisco Systems Capital’s financing partner, for the purchase of new Cisco equipment and maintenance priced at $420,100.29, which includes both principle and interest; and

WHEREAS, the financing for the new core infrastructure will be through an Installment Purchase Agreement with Key Government Finance, Inc. at 4.24% interest per annum; and

WHEREAS, the payments to Key Government Finance, Inc. shall be over a three-year period, with the final payment due in 2011 in the amount of $140,033.43 per annum, which includes both principle and interest. 

THEREFORE BE IT RESOLVED, the Ingham County Board of Commissioners hereby authorizes the purchase of the new core Cisco infrastructure for the MIS Department, priced at $420,100.29, to be paid through an Installment Purchase Agreement with Key Government Finance, Inc. at 4.24% per annum interest, with three (3) payments of $140,033.43 per annum which includes both principle and interest. 

BE IT FURTHER RESOLVED, that at the end of the lease term the equipment may be purchased for one dollar ($1).  

ADOPTED - FEBRUARY 10, 2009

                                                                                                                Agenda Item No. 8

#09-030

BE IT FURTHER RESOLVED, that the MIS Department budgeted for the replacement of the Cisco core infrastructure over a three-year period and the total cost will be paid out of the County’s Network Fund.

BE IT FURTHER RESOLVED, that the County Controller/Administrator is authorized to make any necessary budget adjustments. 

BE IT FURTHER RESOLVED, that the Board Chairperson and the County Clerk are hereby authorized to sign any necessary documents after approval as to form by the County Attorney.

COUNTY SERVICES:  Yeas:  Celentino, Koenig, Holman, Copedge, Grebner, Vickers

 Nays:  None        Absent:  None       Approved 2/3/09

FINANCE:  Yeas:  Grebner, Nolan, Bahar-Cook, Davis, Dougan

Nays:   None        Absent:  Tennis              Approved 2/4/09