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HomeMy WebLinkAboutResolution 27-92 RESOLUTION NO. 27-92 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ATASCADERO, APPROVING A LEASE/PURCHASE AGREEMENT WITH VALLEY BANK LEASING. RESOLVED, that this Municipality is authorized to enter into a Lease Purchase Agreement (the "Agreement" ) with Valley Bank Leasing, Inc. ( "LESSOR") for the acquisition of the use and possession of the equipment described on the attached Exhibit "A" (the "Equipment) for an aggregate cost not to exceed $325,000 (not including interest) payable over a period of 5 years, and in the Municipality to (i) terminate and cancel such Agreement and the Municipality's obligations on one date each year during the term of the Agreement and (ii) acquire the Equipment at such times and on such terms as may be set forth in the Agreement. RESOLVED FURTHER, that each of the following officers of the Municipality: Ray Windsor, its City Manager and Mark Joseph, its Administrative Services Director are authorized, empowered, and directed to (i) negotiate the terms of and execute and deliver the Agreement and such other documents as may necessary or appropriate, together with changes therein as such officer shall deem necessary and desirable and (ii) take such other actions as may be necessary or appropriate to consummate the transactions contemplated in the Agreement and to cause the full and timely performance of all of the Municipality's agreements and obligations in connection with the Agreement: such officer's execution and delivery of the Agreement and other documents or the taking of such actions to evidence such officer's approval of the document or action, respectively: RESOLVED FURTHER, that in connection with the foregoing Resolutions, all actions taken by the duly authorized officers of this Municipality with respect to the Agreement or the transactions to be evidenced by the Agreement prior to the date of this Resolution be, and they hereby are, ratified and confirmed as the duly authorized acts of the Municipality: RESOLVED FURTHER, that the Municipality does hereby designate the Agreement as a qualified tax-exempt obligation for purposes of Section 265(b) (3) (ii) of the Internal Revenue Code of 1988, as amended: and Resolution No. 27-92 Page 2 RESOLVED FURTHER, that LESSOR may rely on this Resolution until notified of the revocation, amendment, or other modification in writing and all actions taken by the duly authorized officers of this Municipality in accordance with this Resolution prior to the LESSOR'S receipt of such notice shall be the duly authorized actions of and binding and enforcement against the Municipality and relied up on LESSOR. On motion by Councilperson Borgeson, and seconded by Councilperson Dexter, the foregoing resolution is hereby adopted in its entirety, by the following Roll Call Vote. AYES: Councilmembers Borgeson, Nimmo, Dexter and Mayor Shiers NOES: None ABSENT: Councilman Lilley ADOPTED: March 10, 1992 ATTEF: CITY OF ATASCADERO LEE RABOIN, •ity Clerk y ALDEN SHIERS, Mayor APPROVED AS TO FORM: ART ONTAND N, Cly Aftey APPROVED AS TO C NTENT: MARK OSE Admi.nistr ive Services Director RESOLUTION NO. 27--9,2 EXHIBIT 'A' VALLEY BANK LASING, INC. and CITY OF ATASCADBRO ONE (1) NEV 1991 MINI-PUMPER RESCUE UNIT PER BID SPECIFICATIONS VIN: 2FDLF47GXMCA55989 RESOLUTION NO. 28-92 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ATASCADERO DESIGiNATING A STOP INTERSECTION ON CAYUCOS AVENUE AT LOBOS AVENUE WHEREAS, Section 4-2.801 et seq. of the Atascadero Municipal Code allows the City Traffic Engineer to determine the location of STOP intersections, and to place and maintain appropriate signs or markings indicating the same; and WHEREAS, the Atascadero Traffic committee has recommended that Establishing a STOP intersection on Cayucos Avenue at the intersection withLobos Avenue will improve a potentially hazardous traffic situation. NOW, THEREFORE, BE IT RESOLVED that the City of Atascadero directs the City Traffic Engineer to place and maintain appropriate signs or markings indicating STOP intersections at the locations listed above. On motion by Councilmember Lilley, and seconded by Councilmember Dexter, the foregoing Resolution is hereby adopted in its entirety on the following roll all vote: AYES: Councilmembers Borgeson, Lilley, Dexter and Mayor ProTem Nimmo NOES: None ABSENT: Mayor Shiers ADOPTED: March 24, 1992 ATITI CITY OF ATASCADERO c�--� By: '/G? OI LEE RABN, City Clerk ROBERT P. NIMMO, Mayor ProTem APPROVED 21\8-T0 FORM: 11 A AR4E0RWjbM15kNtANDOV,, City Atto ney APPROVED T CONTENT: GREG LUKE, Director of Public Works/ City Engineer RESOLUTI©N NO. 28-92 EXHIBIT RESOLUTION NO. 29-92 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ATASCADERO DESIGNATING A STOP INTERSECTION ON SAN BENITO AVENUE AT DEL RIO ROAD WHEREAS, Section 4-2.801 et seq. of the Atascadero Municipal Code allows the City Traffic Engineer to determine the location of STOP intersections, and to place and maintain appropriate signs or markings indicating the same; and WHEREAS, the Atascadero Traffic committee has recommended that Establishing a STOP intersection on San Benito Avenue at the intersection with Del Rio will improve a potentially hazardous traffic situation. NOW, THEREFORE, BE IT RESOLVED that the City of Atascadero directs the City Traffic Engineer to place and maintain appropriate signs or markings indicating STOP intersections at the locations listed above. On motion by Councilmember Lilley, and seconded by Councilmember Dexter, the foregoing Resolution is hereby adopted in its entirety on the following roll all votes AYES: Councilmembers Borgeson, Lilley, Dexter and Mayor ProTem Nimmo NOES: None ABSENT: Mayor Shiers ADOPTED: March 24, 1992 ATT S CITY OF ATASCADERO By. LEE RABOIN `City Clerk ROBERT P. NIMMO, Mayor ProTem APPROVED AS TO FORM: k t �19LL 1�— 4ARTR Mo T DON, ity Attorney APPROVED AS TO CONTENT: GR LUKE, Director of Public Works/ City Engineer � o °oma nz RESOLUTION NO. 29-92 r oy N C C � o � � x �7 y Com" how m 1 C17 RESOLUTION NO. 30-92 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ATASCADERO DESIGNATING A STOP INTERSECTION ON MONTECITO AVENUE AT EAST FRONT ROAD WHEREAS, Section 4-2.801 et seq. of the Atascadero Municipal Code allows the City Traffic Engineer to determine the location of STOP intersections, and to place and maintain appropriate signs or markings indicating the same; and WHEREAS, the Atascadero Traffic committee has recommended that Establishing a STOP intersection on Montecito Avenue at the intersection with East Front Road will improve a potentially hazardous traffic situation. NOW, THEREFORE, BE IT RESOLVED that the City of Atascadero directs the City Traffic Engineer to place and maintain appropriate signs or markings indicating STOP intersections at the locations listed above. On motion by Councilmember Lilley, and seconded by Councilmember Dexter, the foregoing Resolution is hereby adopted in its entirety on the following roll all vote: - AYES: Councilmembers Borgeson, Lilley, Dexter and Mayor ProTem Nimmo NOES: None ABSENT: Mayor Shiers ADOPTED: _March 24, 1992 ATT . : CITY OF ATASCADERO , By. LEE RABOIN, Ci y Clerk ROBERT P. NIMMO, Mayor ProTem APPROVED AS TO FORM: A-w'�t'0 A"CA-1, ARVItt MO AND , City Attorney APPROVED AS TO CONTENT: lf)�� ---- GREG LUKE, Director of Public Works/ City Engineer RESOLUTION NO. 30-92 EKHIBIT wr` ANTA .JRQSA -ROAD tv C 0