HomeMy WebLinkAbout1992-061
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RESOLUTION NO. 92-61
RESOLUTION OF THE CITY OF SAN BERNARDINO AWARDING A FINANCING
SCHEDULE TO MUNICIPAL LEASING CORPORATION FOR THE FINANCING OF A
ONE TON TRUCK AND MULTI-BIN TRAILER, TO BE UTILIZED BY THE PUBLIC
SERIVCES/REFUSE DEPARTMENT.
BE IT RESOLVED BY THE MAYOR AND COMMON COUNCIL OF THE CITY OF
5 SAN BERNADINO A FOLLOWS:
6 SECTION 1. That Municipal Leasing Corporation is the lowest
7 and best responsible bidder for the financing of a one ton truck
8 and multi-bin trailer for the total amount of fifty-seven
9 thousand, three hundred nineteen dollars and seventy-eight cents
10 ($57,319.78) at 7.18% interest payable six (6) months in arrears
11 over five (5) years; pursuant to this determination, the
12 Purchasing Agent is hereby authorized and directed to issue a
13 Lease Purchase Schedule to existing contract for said financing of
14 a one ton truck and multi-bin trailer to said lowest and best
15 responsible bidder; such award shall only be effective upon the
16 issuance of a Lease Purchase Schedule by the Purchasing Agent.
17 SECTION 2. The authorization to execute the above
18 referenced Financing Schedule is rescinded if the parties to the
19 agreement fail to execute it within sixty (60) days of the passage
20 of this resolution.
21 I HEREBY CERTIFY that the foregoing resolution was duly
22 adopted by the Mayor and Common Council of the City of San
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Bernardino at a
regular
meeting thereof, held on the
, 199~, by
February
17th
day of
the following vote, to wit:
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02-04-92
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92-61
1 RESOLUTION OF THE CITY OF SAN BERNARDINO AWARDING A FINANCING
SCHEDULE TO MUNICIPAL LEASING CORPORATION FOR THE FINANCING OF A
2 ONE TON TRUCK AND MULTI-BIN TRAILER TO BE UTILIZED BY THE PUBLIC
SERIVCESjREFUSE DEPARTMENT.
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Council Members: AYES NAYS ABSTAIN ABSENT
ESTRADA x
REILLY x
HERNANDEZ x
MAUDSLEY x
MINOR x
POPE-LUDLAM x
MILLER x
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The foregoing resolution is hereby approved this
day of Februarv , 199~.
Approved as to form
and legal content:
James F. Penman,
CU~
By. .
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02-04-92
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