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AI- 10758   4. C. 3.    
Commissioners Court - Regular
Meeting Date: 06/19/2019  
Discuss and consider termination of Loan Agreement for Motor Vehicle with the Corpus Christi Police Department for a 2006 Mercedes Benz
Submitted By: Michael Robinson, Purchasing Department
Department: Purchasing Department  

Information
RECOMMENDATION
Discuss and consider termination of Loan Agreement for Motor Vehicle with the Corpus Christi Police Department for a 2006 Mercedes Benz used by the District Attorney’s office.
BACKGROUND
On August 3, 2016 the Court approved a loan agreement for a 2006 Mercedes Benz from the Corpus Christi Police to be used by District Attorney’s Office. The Mercedes Benz replaced a 2002 Jeep Grand Cherokee and kept the fleet size at three.  The District Attorney's Office wishes to return the Motor Vehicle to the Corpus Christi Police Department Impound lot. 

As stated in the Loan Agreement upon its termination the Motor Vehicle may be sold by Lender and the proceeds distributed 80% to the Corpus Christi Police Department and 20% to the Nueces County District Attorney pursuant to the Local Agreement for Asset Forfeiture Cases.
DISCUSSION

Budget Information
Information about available funds
Budgeted: Funds Available: Adjustment: Amount Available:
Unbudgeted: Funds NOT Available: Amendment:
Account Code(s) for Available Funds
1:
Fund Transfers

Attachments
Notice of Termination

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