Hi,

 

If an annual cost of a lease/service contract is in the budget and is well below the cost threshold that would require Selectboard authorization, is there any reason why a multi-year lease on a piece of office equipment would require Selectboard approval?  In this case it is a three-year lease for a postage meter and the cost of all three years combined is still below the cost threshold that would require Selectboard approval.

 

--Valerie

 

Valerie Capels, Town Administrator

Town of Waitsfield

9 Bridge Street

Waitsfield, VT  05673

p: (802) 496-2218

f: (802) 496-9284

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w: www.waitsfieldvt.us