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Motion passed. Ordinance 11-2021 was recommended for adoption by the full Council. ORDINANCE 03-2021 -AN ORDINANCE to take effect immediately provided it receives the affirmative vote of at least two thirds of the members of Council, or otherwise to take effect and be in force at the earliest period allowed by law, authorizing the Director of Finance to enter into Equipment Leases in forms approved by the Director of Law on behalf of the City of Lakewood ("City"). (1st read and referred to Finance 1/19/21; 2nd reading 2/1/21) Chairman Bullock noted a request by the administration for passage of Ordinance 03-2021 that evening during Council's regular meeting, due to time sensitive purchasing. He then reviewed the new strategy the administration is looking to implement with the city fleet, which entails longer-term vehicle leases with Enterprise as opposed to the traditional approach of purchasing to own. It was clarified that capital leases (loan to own a vehicle) and general leases (similar to a consumer car lease) would be utilized in this pilot program. Director Ducu stated that pickup trucks that are normally assigned to one sole supervisor and make for great candidates for leases. 6 pickup trucks would have a 1-year lease.James Holman of the Fleet Department stated that the government incentives on smaller vehicles make them virtually have no cost to the city once the lease terms have expired. The Fleet Department would likely only have to complete oil changes on newer vehicles, as opposed to more extensive repairs as they age. Mr. Holman explained that governments are able to acquire vehicles cheaper by planning to lease vehicles a year in advance and still return them for current year resale by the expiration of the lease agreement. Chairman Bullock spoke to the value of hybrid and clean emissions vehicles and expressed hope for expansion of the use of those vehicles. Mr. Conley of Clean Fuels Ohio spoke to how leasing can minimize overall asset cost of conventional vehicles. He added that it can provide opportunity for expansion of electric vehicles. He noted that Columbus has added 200 electric sedans. He stated that Clean Fuels Ohio is supportive of cities that can make leasing work well for their communities, especially to minimize the end of life costs associated with electric vehicles. The committee spoke about tax credits that can be used to mitigate the costs of electric vehicles. Public Comment. Glenn Campbell- 15305 Lanning Ave. -Mr. Campbell stated his support of the examination of opportunities for the implementation of electric vehicles and those fueled by renewable energy. Director Ducu stated a desired goal to get infrastructure in place for charging prior to purchasing electric trucks. Clerk Bach inquired about a blank in section 4 of the legislation.Assistant Director Schuster indicated that it should be filled in with Key Government Finance.