HomeMy WebLinkAbout1989-064
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RESOLUTION NO. 89-64
2 RESOLUTION OF THE CITY OF SAN BERNARDINO AWARDING A FIVE (5) YEAR LEASE
PURCHASE AGREEMENT TO SECURITY PACIFIC LEASING CORPORATION FOR THE FINANCING
3 OF TWO (2) 1988 FRONT LOADER REFUSE VEHICLES, 35 CUBIC YARD CAPACITY AND TWO
(2) 1988 ROLL-OFF TRUCKS, 20 TO 40 CUBIC YARD CAPACITY IN ACCORDANCE vJITH
4 LEASE PURCHASE QUOTATION LP9002.
5 BE IT RESOLVED BY THE MAYOR AND COMMON COUNCIL OF THE CITY OF SAN
BERNARDINO AS FOLLOWS:
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7 SECTION 1. That Security Pacific Leasing Corp. is the lowest and best
8 responsible bidder for the financing of two (2) 1988 front loader refuse
9 vehicles, 35 cubic yard capacity and two (2) 1988 roll-off trucks, 20 to 40
10 cubic yard capacity in accordance with Lease Purchase Quotation LP9002 for
11 the total amount of $455,618.30; pursuant to this determination, the City
12 Attorney is hereby authorized and directed to prepare the necessary lease
13 purchase transaction documents for said financing of two (2) 1988 front
14 loader refuse vehicles, 35 cubic yard capacity and two (2) 1988 roll-off
15 truck, 20 to 40 cubic yard capaciyt to said lowest and best responsible bidder
16 Security Pacific Leasing Corp.; such award shall only be effective upon the
17 issuance of an agreement by the Mayor of the City of San Bernardino; and all
18 other quotations therefor are hereby rejected.
19 SECTION 2. No other transaction shall be initiated under the Master
20 Lease contained in this agreement without the prior approval of the Mayor and
21 Common Council.
22 SECTION 3. The Purchasing Agent, the Director of Finance, the City
23 Attorney and the Mayor are hereby authorized to execute such documents as are
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necessary for the administration of this transaction.
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RESOLUTION OF THE CITY OF SAN BERNARDINO AHARDING A FIVE (5) YEAR LEASE
PURCHASE AGREEMENT TO SECURITY PACIFIC LEASING CORP. FOR THE FINANCING OF TWO
(2) 1988 FRONT LOADER REFUSE VEHICLES, 35 CUBIC YARD CAPACITY AND TWO (2)
ROLL-OFF TRUCKS, 20 TO 40 CUBIC YARD CAPACITY IN ACCORDANCE WITH LEASE
PURCHASE QUOTATION LP9002.
I HEREBY CERTIFY that the foregoing resolution was duly adopted by
the Mayor and Common Council of the City of San Bernardino at a n adjourned
regular
meeting thereof, held on the
13th
day
of
March
,198~, by the following vote,
to vJi t :
AYES: Council Members Reilly~ Flores, Maudsley, Minor,
Pope-Ludlam, Miller
NAYS:
None
ABSENT:
Council Member Estrada
The foregoing resolution is hereby
J/ '1 -1 A
" ,l/. ~ ////U'
~j1.dI.t At. a. ,( . .~ hJ?/f
(I) (/ )/~l ~Clerk/,
(:~ 6G1 il-WLj; ffi?'
approved thl s /S.(/. cay
of
March
, 198~
~j(;yJ /I~~
City of San Bernardino
Approved as to form
and leg~)
Ci~torneY
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01-09-89
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