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HomeMy WebLinkAbout1994-255 r 1 2 3 4 5 6 7 RESOLUTION NO. 94-255 RESOLUTION OF THE CITY OF SAN BERNARDINO AWARDING A SCHEDULE A ADDENDUM TO LEASE PURCHASE AGREEMENT OF ASSOCIATES COMMERCIAL CORPORATION, FOR THE FINANCING OF SIX (6) EACH, AUTOMATED SIDE LOADING REFUSE TRUCKS, TO BE UTILIZED BY THE PUBLIC SERVICES/REFUSE 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 Commercial Corporation is the 8 lowest and best responsible bidder for the financing of six (6) 9 each, automated side loading refuse trucks in accordance with Bid 10 specification F-94-06 for the total amount of $782,297.00 at 5.79% 11 interest payable six (6) months in arrears over five (5) years; 12 pursuant to this determination, the Purchasing Agent is hereby 13 authorized and directed to issue Schedule A addendum to Lease 14 Purchase Agreement of Associated Commercial Corporation for said 15 financing of six (6) each, automated side loading refuse trucks to 16 said lowest and best responsible bidder; such award shall only be 17 effective upon the issuance of a Schedule A Addendum to the Lease 18 Purchase Agreement by the Purchasing Agent; and all other 19 quotations therefor are hereby rejected. 20 SECTION 2. The authorization to execute the above 21 referenced Schedule A Addendum to Master Lease Purchase Contract 22 23 24 25 26 27 28 of Associates Commercial corporation is rescinded if it is not issued within sixty (60) days of the passage of this resolution. / / / / / / / / / / / / / / / / / / / / / / / / / / / / / / / / 07-11-94 -1- 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 94-255 RESOLUTION OF THE CITY OF SAN BERNARDINO AWARDING A SCHEDULE A ADDENDUM TO LEASE PURCHASE AGREEMENT OF ASSOCIATES COMMERCIAL CORPORATION, FOR THE FINANCING OF SIX (6) EACH, AUTOMATED SIDE LOADING REFUSE TRUCKS, TO BE UTILIZED BY THE PUBLIC SERVICES/REFUSE DEPARTMENT IN ACCORDANCE WITH BID SPECIFICATION F- 94-06. 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 6th September , 1994 , by day of the following vote, to wit: Council Members: AYES NAYS ABSTAIN ABSENT ~~ity~ The foregoing resolution is hereby approved this f?n day of September , 199~. ~_)1~r'- Tom Minor, Mayor city of San Bernardino Approved as to form and legal content: James F. Penman, City Attorney BY~(J.._/ 07-11-94 -2-