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HomeMy WebLinkAboutReso 93-233 - Authorize the execution & delivery of Lease/Purchase Doc for financing of recycling bins pursuant to the awarding of B/S 2763 to Rehrig Pacific RESOLUTION NO. .3 — 2-33 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDDING AUTHORIZING THE EXECUTION AND DELIVERY OF LEASE/PURCHASE DOCUMENTATION FOR THE FINANCING OF RECYCLING BINS PURSUANT TO THE AWARDING OF BID SCHEDULE NO. 2763 TO REHRIG PACIFIC IN THE AMOUNT OF $83,397.60. I WHEREAS, on this date the City Council awarded Bid Schedule No. 2763 to Rehrig Pacific in the amount of $83,397.60 for the purchase of recycling bins; 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 bins, 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 CARL ARNESS, Mayor City of Redding AST: FOM APPRO c CONNIE STROHMAYER City Clerk RANDAL A. HAYS, City Attorney w