EQUIPMENT LEASING AUTHORITY

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Equipment Leasing Authority

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PUBLIC NOTICE

This notice will serve as an official announcement of the MEETING of the Board of Trustees of the CITY OF PITTSBURGH EQUIPMENT LEASING AUTHORITY BOARD MEETING SHALL BE HELD ON:
Thursday, September 22, 2022 at 2:00 P.M.

 

CITY COUNTY BUILDING, ROOM 646 (THE LEARNING LAB) PITTSBURGH, PA 15219

 

This meeting is open to the public to participate in person
or via conference call at the following number:
Call-in Number: 1-412-851-3584
Guest Passcode: 658 771 389#

Equipment Leasing Authority

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.  Since its incorporation, the ELA has continued its role as the City's central player in Fleet acquisition, maintenance, repair, and replacement. 

Governing Documents

Members

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

  • Lisa Frank, Chair
    • Term Expires 3/31/2023
  • Chris Hornstein, Vice Chair
    • Term Expires 4/30/2027
  • Councilman Anthony Coghill, Assistant Treasurer
    • Term Expires 6/15/2026
  • R. Daniel Lavelle, Treasurer
    • Term Expires 6/15/2026
  • Lee Schmidt, Secretary
    • Term Expires 6/15/2026

Meetings

  • Held Quarterly at 2 PM

  • Due to the COVID-19 protective guidelines set forth by the federal, state, and local governments, the Equipment Leasing Authority Board Meetings will be conducted remotely until further notice. 

  • 2022 Meeting Schedule
    • March 24, 2022
    • June 27, 2022
    • September 22, 2022
    • December 1, 2022


Equipment Leasing Authority - 2022

Contact Information

Office of Management & Budget
Phone: 412-255-2640
Fax: 412-255-4899
 
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