Equipment Leasing Authority

Notice of Special 2026 Capital Proposal Strategy Meeting (Pursuant to the Act of July 19, 1994, P.L. #386, 65 P.S. 261)

The City Of Pittsburgh-Equipment Leasing Authority 2026 Capital Proposal Strategy Meeting Shall Be Held On:
Thursday, August 7th, 2025 at 10:00 a.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: 202 409 159#

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

Current Members

Lisa Frank, Chair
Term Expires 3/31/2028

Chris Hornstein, Vice Chair
Term Expires 4/30/2027

Councilman Anthony Coghill, Assistant Treasurer
Term Expires 6/15/2026

Peter McDevitt, 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.

2025 Meeting Schedule

  • 1st Quarter Board Meeting: January 9th, 2025
  • 2nd Quarter Board Meeting: April 17th, 2025
  • 2026 Capital Proposal Strategy Meeting: June 12th, 2025
  • 3rd Quarter Board Meeting: July 10th, 2025
  • 4th Quarter Board Meeting: October 9th, 2025 

2024 Meeting Schedule

  • January 25, 2024
  • April 18, 2024
  • July 11, 2024
  • October 3, 2024

Agendas & Minutes

2025

 Date  Agendas  Minutes
 01/09/2025  1-9-25 ELA Agenda(PDF, 142KB)  1-9-25 ELA Minutes(PDF, 482KB)
 04/17/2025  4-17-25 ELA Agenda(PDF, 149KB)  4-17-25 ELA Minutes(PDF, 201KB)
 06/12/2025  Capital Request Proposal Meeting Agenda(PDF, 13KB)  6-12-25 ELA Minutes(PDF, 2MB)
 07/10/2025  7-10-25 ELA Agenda(PDF, 82KB)  
 10/09/2025    

2024

Date Agendas Minutes
01/25/2024 1-25-24 ELA Agenda(PDF, 131KB) 1-25-24 ELA Minutes(PDF, 143KB)
04/18/2024 4-18-24 ELA Agenda(PDF, 144KB) 4-18-24 ELA Minutes(PDF, 110KB)
07/11/2024 7-11-24 ELA Agenda(PDF, 207KB) 7-11-24 ELA Minutes(PDF, 166KB)
10/03/2024 10-3-24 ELA Agenda(PDF, 139KB) 10-3-24 ELA Minutes(PDF, 94KB)

Contact Us

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

last updated: 18/07/2025

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