October 15, 2012 - City of Laredo
October 15, 2012 - City of Laredo October 15, 2012 - City of Laredo
Contract Rate. The Contract Rate is 2. Purchase Option Commencem ection 10.0 1 of the Agreement, the Purchase Option Commencement Title: LESSEE: City of Laredo, Texas By: Mayor
A RESOLUTION OF THE GOVERNING BODY OF THE CITY OF LAREDO, TEXAS, AUTHORIZING THE EXECUTION AND DELIVERY OF AN WITH RE EQUIPMENT LEASE/PURCHASE AGREEMENT ACQUISITION, PURCHASE, FINANCING AND LEA AND DELIVERY OF DOCUMENTS REQUI NECESSARY TO THE CONSUMMATIO CONTEMPLATED BY THIS RESOLUTIO WHEREAS, the City of Laredo, Texas ( lease personal property for the benefi with respect thereto; and WHEREAS, the Lessee desires to rtain equipment with a cost not to exceed $4,588, essential governmental for the Lessee to perform Laredo as follows greement ") with Banc of America Public e form of which has been presented to the AND IT IS HEREBY RESOLVED by the City Council of the City of Section 1. Approval of Documents. The form, terms and provisions of the Agreement are hereby approved in substantially the forms presented at this meeting, with such insertions, omissions and changes as shall be approved by the Mayor of the Lessee or other members of the governing body of the Lessee executing the same, the execution of such documents being conclusive evidence of such approval; and the Mayor of the Lessee is hereby authorized and directed to execute, and the City Secretary of the Lessee is hereby authorized and directed to attest and countersign, the Agreement and any related Exhibits attached thereto and to deliver the
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A RESOLUTION OF THE GOVERNING BODY OF THE CITY OF LAREDO,<br />
TEXAS, AUTHORIZING THE EXECUTION AND DELIVERY OF AN<br />
WITH RE<br />
EQUIPMENT LEASE/PURCHASE AGREEMENT<br />
ACQUISITION, PURCHASE, FINANCING AND LEA<br />
AND DELIVERY OF DOCUMENTS REQUI<br />
NECESSARY TO THE CONSUMMATIO<br />
CONTEMPLATED BY THIS RESOLUTIO<br />
WHEREAS, the <strong>City</strong> <strong>of</strong> <strong>Laredo</strong>, Texas (<br />
lease personal property for the benefi<br />
with respect thereto; and<br />
WHEREAS, the Lessee desires to rtain equipment with a cost<br />
not to exceed $4,588,<br />
essential governmental<br />
for the Lessee to perform<br />
<strong>Laredo</strong> as follows<br />
greement ") with Banc <strong>of</strong> America Public<br />
e form <strong>of</strong> which has been presented to the<br />
AND IT IS HEREBY RESOLVED by the <strong>City</strong> Council <strong>of</strong> the <strong>City</strong> <strong>of</strong><br />
Section 1. Approval <strong>of</strong> Documents. The form, terms and provisions <strong>of</strong> the Agreement<br />
are hereby approved in substantially the forms presented at this meeting, with such insertions,<br />
omissions and changes as shall be approved by the Mayor <strong>of</strong> the Lessee or other members <strong>of</strong> the<br />
governing body <strong>of</strong> the Lessee executing the same, the execution <strong>of</strong> such documents being<br />
conclusive evidence <strong>of</strong> such approval; and the Mayor <strong>of</strong> the Lessee is hereby authorized and<br />
directed to execute, and the <strong>City</strong> Secretary <strong>of</strong> the Lessee is hereby authorized and directed to<br />
attest and countersign, the Agreement and any related Exhibits attached thereto and to deliver the
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