Office of Mayor William Peduto
Equipment Leasing Authority (ELA)

Function

The Equipment Leasing Authority (ELA) was incorporated in 1980 to serve as a financing mechanism enabling the City of Pittsburgh to make major equipment purchases, primarily vehicles. The ELA would issue bonds, buy the vehicles, hold title to those vehicles, and lease them to the City. The lease payments amortized the bonds.

The last ELA bonds were retired in 1997. Since then the ELA has continued its role as the City's central player in Fleet aquisition, maintenance, repair, and replacement. The current ELA Board includes the City's Capital Budget Manager, the Mayor's Chief Operations Officer, City Council's Budget Director, one member of City Council, and one individual from Public Safety.  

 

Governing Documents

Appointment Guidelines

Five members

  • 3 appointed by Mayor of Pittsburgh
  • 2 appointed by City Council President
  • Generally from City Office of Management and Budget and/or Councilmembers themselves

 

Members

  • Jennifer Presutti, Chair                                                                                                                                                                          
    • Term Expires 4/17/2018
  • Guy Costa, Vice Chair                                                                                                                                                                            
    • Term Expires 4/17/2017
  • Councilman Bruce Kraus, Assistant Treasurer                                                                                                                                
    • Term Expires 6/15/2016
  • William Urbanic, Treasurer                                                                                                                                                                    
    • Term Expires 6/15/2016
  • Wendell Hissrich, Secretary                                                                                                                                                               
    • Term Expires 6/14/2021

Residency Requirements

None beyond those for OMB or City Council.

Compensation

None.

Meetings

  • Held Quarterly, at 2 PM in Room 646 of the City-County Building
  • 2016 Meeting Schedule:
    • March 10
    • June 9
    • September 15
    • December 8

Contact Information

Jennifer Presutti, Chair, Equipment Leasing Authority
Phone: 412-255-2640
Fax: 412-255-4899

Website

None

The Office of Mayor William Peduto
512 City County Building, 414 Grant Street, Pittsburgh, PA 15219
Phone: 412-255-2626

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