Loading...
HomeMy WebLinkAbout94-001 - ResolutionsRESOLUTIOn. 94-001 A RESOLUTI~ OF THE CITY ~ OF THE CITY OF RANCHO C~_~C4%,CALIFf~IA,~ZING~HETFASE/~OF ~[~JIPMENTTHRO~ML~ICIP~~CESGR~/P, INC. WHEREAS, the City of Rancho O~me~ga has ~ that a true and very real ~ exists for the acquisition of the equipment described in the Municipal Master Lease and Option A~3re~m~nt No. 464-2 (the "Agreement") WHEREAS, the City Council of the City of Rancho O~am~ga has taken applicable law to arrange for acquisition of such equipment, WHEREAS, the City Council of the City of Rancho Cucamc~Fa hereby directs the City Attorney to review the agreement and negotiate appropriate modifications of said agreement so as to assure compliance with state law and local statutory law, prior to execution of the a~ by those persons authorized by the City Council for such purpose. BE IT RESOLVED, by the City Council of the City of Rancho O~amonga Finding: Authorized Officers. The terms of said A~3ree~ent are in the best interests of the City of Rancho O,c~monga for the acquisition of such e~ ~ ~ent and the City Council of the City of Rancho Cucamonga designates and Jack Tam, AICP, City Manager and/or Robert Dominquez, Adminzs' trative Services Director to execute and deliver, and to witness (or attest) respectively, the Agreement and any related documents necessary to the constmmmtion of the transactions contemplated by the Agreement. THEREFORE, BE IT RESOLVED, that the acquisition of the equi~m~_nt, under the terms and conditions provided for in the agreement is convenient, in the furtherance of the best interest of the City and will at all times be used in connection with the Ctiy of Rancho O~amc~ga's gove~-~mental and proprietary purposes and functions (e~ to the extent that subleasing of the equipment is permitted under terms of the A~) and no portion of the equipment will be used directly or indirectly in any trade or Resolution No. 94-001 BE IT FURUHER RESOLVED, that the City of Rancho Cucamonga is authorized and directed to fulfill all obligations under the terms of the Municipal Master Lease and Option ~greement No. 464-2. P~, APPB0V~D, and ADOPTED this 5th day of Jar~mry, 1994· Alexander, Buquet, Gutierrez, Stout, Williams NOES: None None Dennis L. Stout, Mayor · , City Clerk I, D~]H~A J. ADAMS, CITY c~.FRK of the City of Rancho Cucamonga, California, do hereby oertify that the foregoing Resolution was duly passed, approved, and adopted by the City Oouncil of the City of Rancho Cucamo~, California, at a regular meeting of said CityCouncilheldonthe 5thday of January, 1994· Ex~o/ted this 6th day of Jantkary, 1994, at Rancho O~.~monga, California. City Clerk