FY22 CAPITAL LEASE DOI 6-25-2021.PDF

DECLARATION OF OFFICIAL INTENT
C-18-22-____-____-___
For Reimbursement of Expenditures from Capital Leases
1) Maricopa County, Arizona (the “Issuer”) has determined a need to enter into a capital lease to replace
County equipment such as vehicles, radios, computers, and equipment.
2) A portion of the expenditures relating to the Project (the “Expenditures”) (i) has been paid within sixty days
prior to the date hereof or (ii) will be paid on or after the date hereof.
3) The issuer reasonably expects to reimburse the Expenditures with proceeds of a capital lease.
4) The maximum principal amount of obligations expected to be issued is $31,769,744.
a. $15,652,777 – General and Detention Funds Vehicles
b. $650,000 – Radiology Equipment for Medical Examiner
c. $11,060,689 – Radio Refresh
d. $4,046,278 – Computer Refresh
e. $360,000 – MCSO EOD Robot
The undersigned has been authorized by the Issuer to make and sign this Declaration on behalf of the Issuer
pursuant to action taken by the Board of Supervisors on July 14th, 2021. (Clerk of Certification of action
attached)
Date of Declaration: July 14th, 2021
Maricopa County, Arizona
Name of Issuer
Jack Sellers
Chairman, Board of Supervisors
ATTEST:
Juanita Garza Date
Clerk, Board of Supervisors
LEGAL REVIEW
Approved as to form and within the powers and authority
granted under the laws of the State of Arizona to
Maricopa County.
Deputy County Attorney Date