HomeMy WebLinkAbout1991-094
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RESOLUTION NO.
91-94
2 RESOLUTION OF THE CITY OF SAN BERNARDINO AWARDING A
SCHEDULE 20 ADDENDUM TO LEASE PURCHASE AGREEMENT NUMBER 1112 TO
3 PACIFICORP CAPITAL INC. FOR THE FINANCING OF THREE (3) AUTOMATED
SIDE LOADING REFUSE VEHICLES, TO BE UTILIZED BY THE PUBLIC
4 SERVICES/REFUSE DEPARTMENT IN ACCORDANCE WITH BID SPECIFICATION
F-91-09.
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BE IT RESOLVED BY THE MAYOR AND COMMON COUNCIL OF THE CITY
6 OF SAN BERNARDINO AS FOLLOWS:
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SECTION 1.
That Pacificorp Capital Inc. is the lowest and
8 best responsible bidder for the financing of three (3) automated
9 side loading refuse vehicles in accordance with Bid Specification
10 F-91-09 for the total amount of Four-Hundred-Forty-Two-Thousand-
11 Five-Hundred-Eighty-Two Dollars and Sixty Cents ($442,582.60) at
12 7.47% interest payable six (6) months in arrears over five (5)
13 years; pursuant to this determination, the Purchasing Agent is
14 hereby authorized and directed to issue Schedule 20 Addendum to
15 Lease Purchase Agreement Number 1112 dated February 6, 1986 for
16 said financing of three (3) automated side loading refuse
17 vehicles to said lowest and best responsible bidder; such award
18 shall only be effective upon the issuance of Schedule 20 Addendum
19 to Lease Purchase Agreement Number 1112 by the Purchasing Agent;
20 and all other quotations therefore are hereby rejected.
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SECTION 2.
The authorization to execute the above-
22 referenced Schedule 20 Addendum to Lease Purchase Agreement
23 Number 1112 is rescinded if the parties to the agreement fail to
24 execute it within sixty (60) days of the passage of this
25 resolution.
26 I HEREBY CERTIFY that the foregoing resolution was duly
27 adopted by the Mayor and Common Council of the City of
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DCR/dys/pacific.res
March 11, 1991
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1 RESOLUTION...AWARDING A SCHEDULE 20 ADDENDUM TO LEASE PURCHASE
AGREEMENT NUMBER 1112 TO PACIFICORP CAPITAL INC. FOR THE
2 FINANCING OF THREE (3) AUTOMATED SIDE LOADING REFUSE VEHICLES...
IN ACCORDANCE WITH BID SPECIFICATION F-91-09.
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of
March
, 1991.
~
-.---;;,. ~
L
comb, Mayor
San Be nardino
Approved as to
form and legal content:
JAMES F. PENMAN,
23 City Attorney
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DCR/dys/pacific.res
March 11, 1991
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