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HomeMy WebLinkAbout1985 Resolution No. 059RESOLUTION NO.6 SERIES OF 1985 A RESOLUTION APPROVING A LEASE/PURCHASE AGREEMENT BETWEEN THE CITY OF ENGLEWOOD AND JINCO LEASING CORP. FOR THE ACQUISITION OF FIRE FIGHT- ING EQUIPMENT FOR THE CITY OF ENGLEWOOD. WHEREAS, the City Council of the City of Englewood, Colorado, has determined that a need exists for the acquisition of certain fire fighting equipment, i.e., one Class A, 1250 CPM, single stage tripl combination, cab forward, fire pumper and apparatus equipment, as is more completely described on Schedule A of the Lease/Purchase Agreement; and WHEREAS, the City Council has taken the necessary steps, includ- ing any legal bidding requirements under applicable law, to arrange for the acquisition of this fire fighting equipment under the Lease/ Purchase Agreement; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ENGLEWOOD, COLORADO, AS FOLLOWS: Section 1. That the Equipment Lease/Purchase Agreement between JINCO LEASING CORP., as Lessor, and the CITY OF ENGLEWOOD, COLORADO, as Lessee, for the lease/purchase of certain fire fighting equipment is hereby approved. Section 2. That the Mayor and ex officio City Clerk -Treasurer of the City of Englewood are hereby authorized to sign and attest the Equipment Lease/Purchase Agreement with Jinco Leasing Corp. for and on behalf of the City Council and the City of Englewood. ADOPTED AND APPROVED this 2nd day of December, 1985. Attest:L I _?, gene L. Otis, Mayor e fficio C y Clerk; reasurer I, Gary R. Higbee, ex officio City Clerk -Treasurer of the City of Englewood, Colorado, hereby certify that the foregoing is a true and complete copy of Resolution No. Series of 1985. Gard; R. Higb