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HomeMy WebLinkAbout26-Finance - . CITY OF SAN BERNQRDINO - REQUEST fjR COUNCIL ACTION . \ From: ANDREW GREEN Subject: LEASE PURCHASE AGREEMENT NUMBER 1112 DIRECTOR OF FINANCE Dept: FINANCE Date: MAY 14, 1991 Synopsis of Previous Council action: Recommended motion: Adopt resolutions (Ul 0/ Signature Contlct pInon: Andrew Green, Director of Finance Phonl: ext. 5242 Supporting dltl Ittlchld: Wlrd: FUNDING REOUIREMENTS: Amount: \ \1o.;-~\. DC) (Sir L,.<~ ) , (ACCT. NO.) ~1", - \0'3- S,\"O I \ (ACCT. DESCRIPTION) f",..\' .,...') Source: Flnance:_~~ 2)['--- Council Note.: n.on! Agenda Item N...J.f.) S J.~ / ~ - CITY OF SAN BERtODINO - REQUEST lOR COUNCIL ACTION STAFF REPORT Financing of a Dual Host VAX 4000 and a DEC System 5500 Network Computer System to be utilized by the Management Information System Department in accordance with Resolution 91-174 agreement. Financing of Computer CAD and RMS systems upgrade to be utilized by the Management Information System Department in accordance with Resolution 91-173 agreement. Financing of Computer Business Application Systems upgrade to be utilized by the Management Information System department in accordance with Resolution 91-176 agreement. These resolutions are necessary to complete the financing of the DEC proposal. 75-0264 - 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 .. L. L RQLUTION NO. 0 RESOLUTION OF THE CITY OF SAN BERNARDINO AWARDING A SCHEDULE 25 ADDENDUM TO LEASE PURCHASE AGREEMENT NUMBER 1112 TO PACIFICORP CAPITAL INC. FOR THE FINANCING OF COMPUTER BUSDlBSS APPLICATION SYSTEMS UPGRADE, TO BE UTILIZED BY THE IfA1lIGBMENT INFORMATION SYSTEM DEPARTMENT IN ACCORDANCE WITH RESOLUTION 91-176 AGREEMENT. BE IT RESOLVED BY THE MAYOR AND COMMON COUNCIL OF THE CITY OF SAN BERNARDINO AS FOLLOWS: SECTION 1. That Pacificorp Capital Inc. is the lowest and best responsible bidder for the financing of a computer business application systems upqrade in accordance with Resolution 91-176 agreement, for the total amount of Three Hundred Twelve Thousand Two Hundred Twenty-Five Dollars and No Cents ($312,225) at 7.39% interest payable six (6) months in arrears five (5) years; pursuant to this over determination, the Purchasing Agent is hereby authorized and directed to issue Schedule 25 Addendum to Lease Purchase Agreement Number 1112 dated February 6, 1986 for said financing of a computer business application systems upgrade to said lowest and best responsible bidder; such award shall only be effective upon the issuance of Schedule 25 Addendum to Lease Purchase Agreement Number 1112 by the Purchasing Agent; and all other quotations therefor are hereby rejected. SECTION 2. The authorization to execute the above referenced Schedule 25 Addendum to Lease Purchase Agreement Nuaber 1112 is rescinded if the parties to the agreement fail to execute it within sixty (60) days of the passage of this resolution. IIIIIIIIIII IIIIIIIIIII 111111/1111 1 - 8 9 10 11 12 13 14 15 16 1 2 RESOLUTIO~F THE CITY OF SAN BERNARD}Il!lO AWARDING A SCHEDULE 25 ADDEN~ TO LEASE PURCHASE AG~NT NUMBER 1112 TO PACIFICORP CAPITAL INC. FOR THE FINANCING OF COMPUTER BUSINESS APPLICATION SYSTEMS UPGRADE, TO BE UTILIZED BY THE MANAGEMENT INFORMATION SYSTEM DEPARTMENT IN ACCORDANCE WITH RESOW'l'ION 91-176 AGREEMENT. 3 I BlREBY CERTIFY that the foreqoinq resolution was duly 4 adopted by the Mayor and Common Council of the City of San 5 6 Bernardino at a meetinq thereof, held on the 199_, by the day of 7 followinq vote, to wit: Council Members : AID ~ ABSTAIN ESTRADA REILLY HERNANDEZ MAUDSLEY MINOR POPE-LUDLAM MILLER 17 CITY CLERK 18 The foreqoinq resolution is hereby approved this 19 20 21 22 23 24 25 26 27 28 day of , 199_ W. R. HolCOmb, Mayor City of San Bernardino Approved as to form and leqal content: James F. Penman City Attorney By: Ik..~ 1- .j)c-v.~...... I4/!JI//IIIII IIIIIIIIIIIII 2