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HomeMy WebLinkAbout18- Resolution 1 RESOLUTION NO. 2 RESOLUTION OF THE CITY OF SAN BERNARDINO AWARDING A LEASE PURCHASE AGREEMENT TO ASSOCIATES COMMERCIAL CORPORATION FOR THE 3 FINANCING OF SIX (6) EACH, AUTOMATED SIDE LOADING REFUSE TRUCK CAB AND CHASSIS AND BODIES, TO BE UTILIZED BY THE PUBLIC SERVICES 4 DEPARTMENT IN ACCORDANCE WITH BID, SPECIFICATION F-94-06 . 5 BE IT RESOLVED BY THE MAYOR AND COMMON COUNCIL OF THE CITY OF SAN BERNARDINO A FOLLOWS: 6 SECTION 1. That Associates Commerical Corportion is the 7 lowest and best responsible bidder for the financing of six (6) 8 each, automated side loading refuse truck cab and chassis and 9 bodies in accordance with Bid Specification F-94-06 for the total 10 amount of $767 , 360. 60 at 5 . 04% interest payable six (6) months in 11 arrears over five (5) years; pursuant to this determination, the 12 Purchasing Agent is hereby authorized and directed to issue a 13 Lease Purchase Agreement for said financing of six (6) each, 14 automated side loading refuse truck cab and chassis and bodies to 15 said lowest and best responsible bidder; such award shall only be 16 effective upon the issuance of a Lease Purchase Agreement by the 17 Purchasing Agent; and all other quotations therefor are hereby 18 rejected. 19 SECTION 2 . The authorization to execute the above 20 referenced Lease Purchase Agreement is rescinded if the parties to 21 the agreement fail to execute it within sixty (60) days of the 22 passage of this resolution. 23 24 25 11-15-93 -1- 28 1 RESOLUTION OF THE CITY OF .SAN BERNARDINO AWARDING A LEASE PURCHASE AGREEMENT TO ASSOCIATES COMMERCIAL CORPORATION FOR THE 2 FINANCING OF SIX (6) EACH, AUTOMATED SIDE LOADING REFUSE TRUCK CAB AND CHASSIS AND BODIES, TO BE UTILIZED BY THE PUBLIC SERVICES 3 DEPARTMENT IN ACCORDANCE WITH BID SPECIFICATION F-94-06. 4 I HEREBY CERTIFY that the foregoing resolution was duly 5 adopted by the Mayor and Common Council of the City of San 6 Bernardino at a meeting thereof, held on the 7 day of 199 , by 8 the following vote, to wit: 9 Council Members: AYES NAYS ABSTAIN ABSENT 10 NEGRETE 11 CURLIN 12 HERNANDEZ 13 OBERHELMAN 14 DEVLIN 15 POPE-LUDLAM 16 MILLER 17 18 City Clerk 19 The foregoing resolution is hereby approved this day of 199 20 21 22 Tom Minor, Mayor City of San Bernardino 23 Approved as to form 24 and legal content: 25 James F. Penman, City Attorney 26 By: i 27 11-15-93 -2- 28