HomeMy WebLinkAboutReso 93-234 - Authorize execution & delivery of Lease/Purchase doc for the financing of 3 Recycling Trucks per B/S#2766 to F.B. Hart of Redding RESOLUTION NO.
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A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDDING
AUTHORIZING THE EXECUTION AND DELIVERY OF LEASE/PURCHASE
DOCUMENTATION FOR THE FINANCING OF THREE RECYCLING TRUCKS
PURSUANT TO THE AWARDING OF BID SCHEDULE NO. 2766 TO F. B. HART
OF REDDING IN THE AMOUNT OF $317,432.12.
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WHEREAS, on this date the City Council awarded Bid Schedule No. 2766 to F. B.
HART of Redding in the amount of $317,432.12 for the purchase of three recycling
trucks; and
WHEREAS, avenues of financing to lease/purchase said equipment are being
explored; and
WHEREAS, it is the recommendation of staff that Council authorize the City
Manager to sign all necessary documentation to complete the purchase of the recycling
trucks, using lease/purchase financing;
NOW, THEREFORE, IT IS HEREBY RESOLVED that the City Council of the City of
Redding hereby authorizes the City Manager to execute, acknowledge, and deliver the
necessary lease/purchase documentation to complete said financing, upon approval
thereof by the City Attorney; and the City Clerk is hereby authorized to affix the
official seal of the City to the documentation and attest the same.
I HEREBY CERTIFY that the foregoing Resolution was introduced and read at a
regular meeting of the City Council of the City of Redding on the 15th day of June,
1993, and was duly adopted at said meeting by the following vote:
AYES: COUNCIL MEMBERS• Anderson, Dahl, Kehoe, Moss and Arness
NOES: COUNCIL MEMBERS: None
ABSENT: COUNCIL MEMBERS: None
ABSTAIN: COUNCIL MEMBERS: None
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CARL ARNESS, Mayor
City of Redding
ATTEST: FORM/ APPRO ED:
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CONNIE STROHMAYER, Oity Clerk RANDALL A. HAYS, City Attorney