Loading...
HomeMy WebLinkAbout1995-345 RESOLUTION NO. 95-345 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 RESOLUTION OF THE CITY OF SAN BERNARDINO AWARDING A SCHEDULE A-3 ADDENDUM TO LEASE PURCHASE AGREEMENT OF ASSOCIATES COMMERCIAL CORPORATION, FOR THE FINANCING OF 62,000 AUTOMATED REFUSE CONTAINERS, TO BE UTILIZED BY THE PUBLIC SERVICESIREFUSE DEPARTMENT IN ACCORDANCE WITH BID SPECIFICATION F-95-28. BE IT RESOLVED BY THE MAYOR AND COMMON COUNCIL OF THE CITY OF SAN BERNARDINO AS FOLLOWS: SECTION I. That Associates Commercial Corporation is the lowest and best responsible bidder for the financing of 62,000 automated refuse containers in accordance with Bid Specification F-95-28 for the total amount not to exceed $2,964,824.70 at 5.39% interest payable six (6) months in arrears over five (5) years; (see schedule attached as Exhibit "An) pursuant to this determination, the Purchasing Manager is hereby authorized and directed to issue Schedule A-3 addendum to Lease Purchase Agreement of Associated Commercial Corporation for said financing of 62,000 automated refuse containers to said lowest and best responsible bidder; such award shall only be effective upon the issuance of a Schedule A-3 Addendum to the Lease Purchase Agreement by the Purchasing Manager; and all other quotations therefore are hereby rejected. SECTION 2. The authorization to execute the above referenced Scheduled A-3 Addendum to Master Lease Purchase Contract of Associates Commercial Corporation is rescinded if it is not issued within sixty (60) days of the passage of this resolution. IIII IIII IIII IIII IIII September 19, 1995 I r 1 2 3 4 5 6 RESOLUTION OF THE CITY OF SAN BERNARDINO AWARDING A SCHEDULE A-3 ADDENDUM TO LEASE PURCHASE AGREEMENT OF ASSOCIATES COMMERCIAL CORPORATION, FOR THE FINANCING OF 62,000 AUTOMATED REFUSE CONTAINERS, TO BE UTILIZED BY THE PUBLIC SERVICESIREFUSE DEPARTMENT IN ACCORDANCE WITH BID SPECIFICATION F-95-28. I HEREBY CERTIFY that the foregoing resolution was duly adopted by the Mayor and Common Council of the City of San Bernardino at a regular meeting thereof, held on the ~day of October , 1995, by the following vote, to wit: 7 Councilmembers 8 NEGRETE 9 10 11 12 13 NAYS ABSTAIN ABSENT AYES x CURLIN x HERNANDEZ x OBERHELMAN x DEVLIN x 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 POPE-LUDLUM ...Ji: MILLER x ~~ City Clerk The foregoing resolution is hereby approved this Wi day of October, 1995. ~~ ~/Ih. ( ! gn1... /,' 11.-t~ / c TOM MINOR, Mayor City of San Bernardino Approved as to form and legal content: James F. Penman, City Attorney September 19, 1995 2