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HomeMy WebLinkAbout1992-063 '-- , 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 NO. 92-63 RESOLUTION OF THE CITY OF SAN BERNARDINO AWARDING A FINANCING SCHEDULE TO MUNICIPAL LEASING CORPORATION FOR THE FINANCING OF FRONTLOADER REFUSE TRUCKS, FOUR (4) EACH, TO BE UTILIZED BY THE PUBLIC SERVICES/REFUSE DEPARTMENT IN ACCORDANCE WITH BID SPECIFICATION F-92-14. BE IT RESOLVED BY THE MAYOR AND COMMON COUNCIL OF THE CITY OF SAN BERNADINO A FOLLOWS: SECTION 1. That Municipal Leasing Corporation is the lowest and best responsible bidder for the furnishing and delivery of financing of frontloader refuse trucks, four (4) each in accordance with Bid Specification F-92-14 for the total amount of five hundred twelve thousand, two hundred eighty-one dollars and ten cents ($512,281.10) at 7.18% 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 Schedule to existing contract for said financing of frontloader refuse trucks, four (4) each to said lowest and best responsible bidder; such award shall only be effective upon the issuance of a Financing Schedule by the Purchasing Agent; and all other quotations therefor are hereby rejected. SECTION 2. The authorization to execute the above referenced Financing Schedule is rescinded if the parties to the agreement fail to execute it within sixty (60) days of the passage of this resolution. / / / / / / / / / / / / / / / / / / / / / / / / / / / / / / / / 02-04-92 -1- '., 92-63 1 RESOLUTION OF THE CITY OF SAN BERNARDINO AWARDING A FINANCING SCHEDULE TO MUNICIPAL LEASEING CORPORATION FOR THE FINANCING OF 2 FRONTLOADER REFUSE TRUCKS, FOUR (4) EACH TO BE UTILIZED BY THE PUBLIC SERVICES/REFUSE DEPARTMENT IN ACCORDANCE WITH BID 3 SPECIFICATION F-92-14. 4 I HEREBY CERTIFY that the foregoing resolution was duly 5 adopted by the Mayor and Common Council of the city of San Bernardino at a regular meeting thereof, held on the The foregoing resolution is hereby approved this day of February , 199~. 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 17th day of February the following vote, to wit: Council Members: AYES x ESTRADA REILLY x HERNANDEZ x MAUDSLEY x MINOR x POPE-LUDLAM x MILLER x Approved as to form 23 and legal content: 24 James F. Penman, 25 ::~~::::~ ~ W2~ a 267~ 27 28 J 02-04-92 199-=--, by NAYS ABSTAIN ABSENT city Clerk Ie; /Jv 'Holco b I Mayor of San Bernardino -2-