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HomeMy WebLinkAbout25- Lease Pacificorp a COUNCIL ACTION CORRESPONDENCE To James F. Penman Subject Lease/Purchase with City Attorney Pacificorp Corporation Date January 6, 1988 Meeting Date January 4, 1988 Agenda Item No. 11 Action The proposed resolution of the City of San Bernardino authorizing the execution of an agreement with Pacificorp Capital, Inc. , relating to equipment was presented. The Mayor and Common Council directed the City Administrator, City Treasurer, Director of Finance and City Attorney to locate and secure the best bank loan on the best terms, and determine if there is a viable lease/purchase option available and provide the Mayor and Common Council with the best alternative on January 19, 1988. SC:re cc: City Administrator Finance !� 1 AUNA CLARK City Treasurer City Clerk