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RESOLUTION NO. Z2 - 8"&
A RESOLUTION of the City of Port Angeles
authorizing the City Manager to execute
an agreement between the City of Port
Angeles and Commercial and Municipal
Financial Corporation for the lease
and option to purchase of equipment
replacement and rebuilds for the
Public Works and Fire Departments
and Senior Citizen Center.
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WHEREAS, the Cityof Port Angeles has determined to lease/
purchase equipment replacements and rebuilds for the Public
Works and Fire Departments and Senior Citizens Center, and
needs to enter into an agreement with Commercial and Municipal
Financial Corporation for such lease/purchases; and,
WHEREAS, the City Council finds the entry into such agree-
ment to be in the best interests of the City; NOW THEREFORE,
BE IT RESOLVED:
Section 1. The City Manager is hereby directed and
authorized to execute the equipment lease and option to purchase
agreement (Agreement) between the City of Port Angeles and
Commercial and Municipal Financial Corporation, for the lease/
purchase of equipment replacements and rebuilds for the Public
Works and Fire Departments and the Senior Citizens Center.
Section 2. The City Manager is hereby authorized and
directed to sign on behalf of the City any further addenda,
schedules, notes, UCC Financing statements, or other instru-
ments issued under the provisions of the Agreement, which may
be necessary to the consumation of the transactions contemplated
by the Agreement.
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PASSED by the City Council of the City of Port Angeles at
a regular meeting of said Council held on the
;s-
day of
July, 1986.
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MAY 0 R
ATTEST:
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Sherri L. Anderson, Acting Clty Clerk
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Craig KDbtson, City Attorney