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HomeMy WebLinkAbout25-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 ti _ 1. OOLUTION NO. o RESOLUTION OF THE CITY OF SAN BERNARDINO AWARDING A SCHEDULE 24 ADDENDUM TO LEASE PURCHASE AGREEMENT NUMBER 1112 TO PACIFICORP CAPITAL INC. FOR THE FINANCING OF COMPUTER CAD AIm RIIS SYSTEMS UPGRADE, TO BE UTILIZED BY THE MANAGEMENT INPOmIATION SYSTEM DEPARTMENT IN ACCORDANCE WITH RESOLUTION 91-173 AGREEMENT. BE IT RESOLVED BY THE MAYOR AND COMMON COUNCIL OF THE CITY OF SAN BERNARDINO AS FOLLOWS: SE~ION 1. That Pacificorp Capital Inc. is the lowest and best responsible bidder for the financing of a networked computer system CAD and RMS upgrade in accordance with Resolution 91-173 agreement, Exhibit B, for the total amount of Four Hundred Seventy-Three Thousand Three Hundred Fifty- Seven Dollars and No Cents ($473,357.00) at 7.39% interest payable six (6) months in arrears over five (5) years; pursuant to this determination, the PurChasing Agent is hereby authorized and directed to issue Schedule 24 Addendum to Lease Purchase Agreement Number 1112 dated February 6, 1986 for said financing of a networked computer system CAD and RMS upgrade to said lowest and best responsible bidder; such award shall only be effective upon the issuance of Schedule 24 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 24 Addendum to Lease Purchase Agreement Number 1112 is rescinded if the parties to the agreement fail to execute it within sixty (60) days of the passage of this resolution. IIIIIIIIIIIII IIIIIIIIIIIII 11111111/1111 " 1 ~..... AV 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 Y. 20 21 22 23 24 25 26 27 28 REsoOrION OF THE CITY OF sl:> BERNARDINO AWARDING A SCHEDULE 24 ADDENDUM TO LEASE PURCHASE AGREEMENT NUMBER 1112 TO PACIFICORP CAPITAL INC. FOR THE FINANCING OF COMPUTER CAD AND RMS SYSTEMS UPGRADE, TO BE UTILIZED BY THE MANAGEMENT INFORMATION SYSTEM DEPARTMENT IN ACCORDANCE WITH RESOLUTION 91-173 AGREEMENT. I HEREBY CERTIFY that the foregoing resolution was duly adopted by the Mayor and Common Council of the City of San Bernardino at a meeting thereof, held on the day of following vote to wit: 199_, by the Council Members ADS. HAIS. ABSTAIN ESTRATA REILLY HERNANDEZ MAUDSLEY MINOR POPE-LUDLAM MILLER CITY CLERK The Foregoing resolution is hereby approved this day of , 199_ W. R. Holcomb, Mayor City of San Bernardino Approved as to form and legal content: James F. Penman City Attorney , ~~ " 2