Agenda Item
Meeting Date:
3/13/2025 - 4:30 PM  
Category:
BUSINESS SERVICES - ACTION ITEMS  
Type:
Action  
Subject:
8.4 Approve the buyout of district-wide copy machines from Marlin Leasing Corporation dba Peac Soultions formerly, Xerox Financial Services.  
Strategic Plans:
 
Enclosure:
 
File Attachment:
 
Rationale:
The lease with Peac Solutions will terminate in April 2025 for 34 printers. It is in the best interest of the District to buyout the 34 printers.  
Funding:
General Fund - Unrestricted  
Fiscal Impact:
$2,021.16  
Background:
In March of 2023, the Governing Board approved an amendment to the lease agreement with Xerox Financial Services for an additional 34 classroom printers. At the conclusion of the lease, the District has three (3) options. 1. Buyout the current equipment at $1 per printer, 2. Renew the agreement with the current equipment, 3. Enter into a new agreement with new equipment.  
Recommendation
Approve the buyout of district-wide printers from Marlin Leasing Corporation dba Peac Solutions, formerly Xerox Financial Services.  
Approvals:
Recommended By:
Signed By:
Francine Story - CBO
Signed By:  
Bruce Bivins - Superintendent
 
Vote Results:

Original Motion
Member Lydia Mora Moved, Member Douglas Corona seconded to approve the Original motion 'Approve the buyout of district-wide printers from Marlin Leasing Corporation dba Peac Solutions, formerly Xerox Financial Services.'. Upon a Roll-Call Vote being taken, the vote was: Aye: 5 Nay: 0.
The motion Carried 5 - 0
   
Douglas Corona     Yes
Erika Guzman Medina     Yes
Carol Jimenez     Yes
Lydia Mora     Yes
Katie McClendon     Yes