HomeMy WebLinkAboutCC RESO 2004 - 21RESOLUTION NO. 2004 — 21
RESOLUTION OF THE CITY COUNCIL
OF THE CITY OF NATIONAL CITY
AUTHORIZING THE MAYOR TO EXECUTE AN
AGREEMENT WITH ASHFORD CAPITAL CORPORATION
FOR LEASE FINANCING FOR THE PURCHASE OF A
TRIPLE COMBINATION PUMPER FOR THE FIRE DEPARTMENT
WHEREAS, in conjunction with the Purchasing Agent's purchase of a Triple
Combination Pumper from South Coast Fire Equipment for the Fire Department, the Finance
Department has received proposals from six different lease financing vendors; and
WHEREAS, after reviewing all proposals, staff recommends Ashford Capital
Corporation because of it offers the lowest interest rate, financing commitments and delivery
requirements.
NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of
National City hereby authorizes the Mayor to execute a lease financing agreement with Ashford
Capital Corporation for the purchase of a Triple Combination Pumper from South Coast Fire
Equipment for the Fire Department.
PASSED and ADOPTED this 17th day of February, 2004.
Nick Inzilnza, lidyor
ATTEST:
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Michbel R. Della, City Clerk
APPROVED AS TO FORM:
George H. iser, III
City Attorney