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HomeMy WebLinkAbout1979-26 Approving the Town's Leasing of Certain Equipmenti ~ RESOLUTION N0. ,1 Series of 1979 A RESOLUTION OF THE TOWN COUNCIL APPROVING THE TOWN'S LEASING OF CERTAIN EQUIPMENT; AUTHORIZING THE TOWN MANAGER TO EXECUTE ALL LEASES, BILLS OF SALE OR OTHER DOCUMENTS TO FINALIZE SAID TRANSACTION; DiRECTTNG THE TOWN CLERK TO ATTEST TO ~rnn TOWN MANAGER'S SIGNATURE AND TO AFFIX THE SEAL OF THE TOWN TO ALL NECESSARY DOCUMENTS WHEREAS, the Town has agreed to a refinancing and leasing plan with Colorado National Leasing, Inc., a Colorado corporation, relating to ten Model T-30 City Cruiser Coaches, and a Data General Computer System; WHEREAS, the Town Council is of the opinion that the terms of said refinancing and lease should be approved; and NOW, THEREFORE, BE IT RESOLVED BY THE TOWN COUNCIL OF THE TOWN OF VAIL, COLORADO, THAT: Section 1. The refinancing and lease arrangement summarized on the attached memorandum marked as exhibit "A" between the Town of Vail and Colorado National Leasing, inc., for the above- identified equipment is hereby approved. Section 2. The Town Manager is hereby summarized to execute for and on behalf of the Tawn all documents necessary to complete the within approved arrangement, including leases, bills of sale and closing documents. Section 3. The Town Clerk is directed to attest to the signature of the Town Manager and to affix the seal of the Town to said documents. INTRODUCED, READ, APPROVED, AND ADOPTED, this 6th day of November, 1979. ATTES t Town Clerk