HomeMy WebLinkAbout1994-007
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RESOLUTION NO.94-7
RESOLUTION OF THE CITY OF SAN BERNARDINO AWARDING A LEASE
PURCHASE AGREEMENT TO ASSOCIATES COMMERCIAL CORPORATION FOR THE
FINANCING OF SIX (6) EACH, AUTOMATED SIDE LOADING REFUSE TRUCK CAB
AND CHASSIS AND BODIES, TO BE UTILIZED BY THE PUBLIC SERVICES
DEPARTMENT IN ACCORDANCE WITH BID SPECIFICATION F-94-06.
BE IT RESOLVED BY THE MAYOR AND COMMON COUNCIL OF THE CITY OF
SAN BERNARDINO A FOLLOWS:
SECTION 1. That Associates Commerical Corportion is the
lowest and best responsible bidder for the financing of six (6)
each, automated side loading refuse truck cab and chassis and
bodies in accordance with Bid Specification F-94-06 for the total
amount of $767,360.60 at 5.04% interest payable six (6) months in
arrears over five (5) years; pursuant to this determination, the
Purchasing Agent is hereby authorized and directed to issue a
Lease Purchase Agreement for said financing of six (6) each,
automated side loading refuse truck cab and chassis and bodies to
said lowest and best responsible bidder; such award shall only be
effective upon the issuance of a Lease Purchase Agreement by the
Purchasing Agent; and all other quotations therefor are hereby
rejected.
SECTION 2. The authorization to execute the above
referenced Lease Purchase Agreement is rescinded if the parties to
the agreement fail to execute it within sixty (60) days of the
passage of this resolution.
I I I I I I I I
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I I I I I I I I
I I I I I I I I
11-15-93 -1-
I
94-7
RESOLUTION OF THE CITY OF SAN BERNARDINO AWARDING A LEASE
PURCHASE AGREEMENT TO ASSOCIATES COMMERCIAL CORPORATION FOR THE
FINANCING OF SIX (6) EACH, AUTOMATED SIDE LOADING REFUSE TRUCK CAB
AND CHASSIS AND BODIES, TO BE UTILIZED BY THE PUBLIC SERVICES
DEPARTMENT IN ACCORDANCE WITH BID SPECIFICATION F-94-06.
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I HEREBY CERTIFY that the foregoing resolution was duly
adopted by the Mayor and Common Council of the city of San
6 adjourned
Bernardino at a regular meeting thereof, held on the
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day of
Januarv
10th
the following vote, to wit:
Council Members:
AYES
x
NEGRETE
x
CURLIN
x
HERNANDEZ
x
OBERHELMAN
x
DEVLIN
x
POPE-LUDLAM
x
MILLER
, 199~, by
NAYS
ABSENT
ABSTAIN
C(~~ycg
The foregoing resolution is hereby approved this -1 ~-\:.h..
day of Januarv , 199~.
_____ i /1 I t
----. / (';'Iv., l!{ ({!-f''\....
/ ,7
Approved as to form
and legal content:
James F. Penman,
City Attorney
BY:~~'~
./ .
11-15-93
Tom Minor, Mayor
city of San Bernardino
-2-