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HomeMy WebLinkAbout1981-490 1 2 3 4 5 6 RESOLUTION NO. 8]-490 RESOLUTION OF THE CITY OF SAN BERNARDINO ACCEPTING I BARK OF AMERICA FOR LEASE PURCHASE FINANCING OF DIGITAL TOTAL STATION, AND AUTHORIZING EXECUTION OF AGREEMENT. BID OF ELECTRONIC BE IT RESOLVED BY THE MAYOR AND COMMON COUNCIL OF THE CITY OF SAN BERNARDINO AS FOLLOWS: SECTION 1. The bid of the Bank of America for lease purchase 7 financing of digital electronic total station to provide a certain 8 digital electronic total station needed by the City of San 9 Bernardino, based on an interest rate of ten percent per annum, 10 for a term of three years, is hereby accepted, that being the 11 lowest and best bid for such lease agreement. provision of this 12 equipment by Bank of America shall be based on the bid of Keuffel 13 and Esser Company, of Los Angeles, California, in the principal 14 amount of $24,197.68 for such equipment, that being the lowest and IS best bid for the needed equipment. 16 SECTION 2. The Mayor of the City of San Bernardino is hereby 17 authorized and directed to execute on behalf of said City the 18 lease purchase agreement in the form presented by the Bank of 19 America, upon approval as to form by the City Attorney. 20 I HEREBY CERTIFY that the foregoing resolution was duly 21 adopted by the Mayor and Common Council of the City of San 22 23 Bernardino at an Adiourned Reqular meeting thereof, held on the 12th day of , 1981, by the following October 24 vote, to wit: 25 26 27 28 AYES: Council Members Castaneda, Reilly, Hernandez, Botts, Hudson, Hobbs, Strickler. NAYS: None. ABSENT: None. ~~~df.' /' CJ.ty C erk .il. il 1 II I' 2 ! lof I 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 \~~ form: day The foregoing resolution is (l)('~Q).. , 1981. -2-