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HomeMy WebLinkAbout90-048 - Resolutions RESOLUTION NO. 90-048 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO CUCAMONGA, CALIFORNIA, AUTHORIZING THE LEASE/PURCHASE OF EQUIPMENT THROUGH MUNICIPAL SERVICES GROUP, INC. WHEREAS, the City Council of the City of Rancho Cucamonga has determined that a true and very real need exists for the acquisition of the equipment described in the Municipal Master Lease and Option Agreement No. 464 (the "Agreement") presented at this meeting; and WHEREAS, the City Council of the City of Rancho Cucamonga has taken the necessary steps, including any legal bidding requirements, under applicable law to arrange for the acquisition of such equipment; and WHEREAS, the City Council of the City of Rancho Cucamonga hereby directs the City Attorney to review the Agreement and negotiate appropriate modifications to said Agreement so as to assure compliance with state law and local statutory law, prior to execution of the Agreement by those persons so authorized by the City Council for such purpose. NOW, THEREFORE, the City Council of the City of Rancho Cucamonga does hereby resolve as follows: SECTION 1: Finding -- Authorized Officers. The terms of said Agreement are in the best interests of the City of Rancho Cucamonga for the acquisition of such equipment and the City Council of the City of Rancho Cucamonga designates and confirms Jack Lam, AICP, City Manager and/or Jim Hart, Administrative Services Director to execute and deliver, and to witness (or attest) respectively, the Agreement and any related documents necessary to the consummation of the transactions contemplated by the Agreement. SECTION 2: The acquisition of the equipment, under the terms and conditions provided for in the Agreement, is necessary, convenient, in the furtherance of and will at all times be used in connection with the City of Rancho Cucamonga's governmental and proprietary purposes and functions (except to the extent that subleasing of the equipment is permitted under terms of the Agreement) and are in the best interests of the City of Rancho Cucamonga and no portion of the equipment will be used directly in any trade or business. BE IT FURTHER 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 Agreement No. 464. PASSED, APPROVED, and ADOPTED this 7th day of February, 1990. Resolution No. 90-048 Page 2 AYES: Alexander, Brown, Buquet, Stout, Wright NO ES: No ne ABSENT: None Dennis L. Stout, Mayor ATTEST: I, DEBRA J. ADAMS, CITY CLERK of the City of Rancho Cucan~nga, California, do hereby certify that the foregoing Resolution was duly passed, approved, and adopted by the City Council of the City of Rancho Cucamonga, California, at a regular meeting of said City Council held on the 7th day of February, 1990. Executed this 8th day of February, 1990 at Rancho Cucamonga, Call fornia. De§ra J. Ad~s, City Clerk