EQUIPMENT LEASING AUTHORITY

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Equipment Leasing Authority

Boards, Authorities & Commissions

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 to be held remotely due to safety concerns related to the Coronavirus.

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
  • William Urbanic, 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 23, 2022
    • September 22, 2022
    • December 1, 2022


Equipment Leasing Authority - 2022

DeadlineDateTimeAgendasMinutesPresentationMeeting MaterialAdditional FilesCancelled
03/24/2022ELA_Board_Meeting_Agenda_3-24-2022.pdf
ELA_Board_Minutes_3-24-2022.pdf

Contact Information

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