HomeMy WebLinkAboutCC RESO 98-127RESOLUTION NO. 98-127
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NATIONAL CITY
AUTHORIZING THE MAYOR TO EXECUTE A MASTER LEASE/PURCHASE
AGREEMENT WITH SAULSBURY HILL FINANCIAL, AND AN ESCROW
AGREEMENT WITH SAULSBURY HILL FINANCIAL AND THE
BANK OF AMERICA, AND AUTHORIZING THE CITY MANAGER TO EXECUTE ANY
NECESSARY SUBSEQUENT PURCHASES OR CONTRACTS NECESSARY TO
COMPLETE THIS PROJECT
WHEREAS, the Purchasing Agent of the City of National City did solicit
proposals for a master lease agreement for a variety of software, hardware and
equipment purchases, and
WHEREAS, three of the proposals were almost identical, one of which was from
Saulsbury Hill Financial, a current lease holder for various City projects, and
WHEREAS, quality service and good rates have been received from this vendor
on previous projects,
NOW, THEREFORE, IT IS HEREBY RESOLVED that the City Council of the City
of National City hereby rejects all of said proposals, except that herein mentioned, and
hereby approves the Master Lease/Purchase Agreement be entered into with Saulsbury
Hill Financial.
BE IT FURTHER RESOLVED by the City Council of the City of National City,
California, that the Mayor is hereby authorized to execute on behalf of the City, a Master
Equipment Lease/Purchase Agreement between Saulsbury Hill Financial and the City,
and an Escrow Agreement between the City, Saulsbury Hill Financial and the Bank of
America. Said agreements are on file in the office of the City Clerk.
BE IT FURTHER RESOLVED that the City Manager is authorized to initiate and
execute any necessary subsequent purchases or contracts that may be required to
complete this project.
PASSED and ADOPTED this 22nd day of September 1998.
� -
George H. ters, Mayor �
ATTEST:
Michael R. Dalla, (Z'ity Clerk
APP OVED AS TRM:
e
George Eiser, Ill, City Attorney