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(11) machines that are currently in operation. <br />This fiscal year, the initial renewal of the warranty and service agreement is <br />divided between FY2012/2013 and FY2013/2014. Since the payments are based <br />on expiration dates, eleven (11) pay stations will be renewed this fiscal year (for <br />Tier II Support and Warranty) and six (6) for Warranty. However, the renewal of <br />the extended warranty and the service contract will be entirely funded in <br />subsequent years, which will cover all seventeen (17) pay stations. <br />Approval of this resolution will extend the life of the pay stations, which will be <br />regularly maintained and serviced by Parker Systems. <br />FUNDING SOURCE: <br />Funding is available in the current fiscal year's budget account #10- 525 -5394 <br />and is proposed in next fiscal year's budget. <br />ATTACHMENTS: <br />• Resolution <br />• Agreement <br />Agenda Item No. IOX <br />Date 2/20/2014 <br />398 <br />