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