HomeMy WebLinkAboutCC RESO 2004 - 219RESOLUTION NO. 2004 — 219
RESOLUTION OF THE CITY COUNCIL
OF THE CITY OF NATIONAL CITY
AUTHORIZING THE MAYOR TO EXECUTE A FIXED RATE
EQUIPMENT LEASE/PURCHASE AGREEMENT WITH
ZIONS FIRST NATIONAL BANK FOR THE ACQUISITION OF AN
800 MHZ CITYWIDE RADIO SYSTEM FROM MOTOROLA, INC.
WHEREAS, the purchase of equipment, software, services, supplies and
hardware (collectively referred to as "the system") is necessary in order for the City to
participate in the 800 MHz San Diego County -Imperial County Regional
Communications System ("the RCS"); and
WHEREAS, it has been recommended by the City's Financial Advisor that
the most advantageous, cost-effective method to finance the acquisition of the system is
to enter into a Fixed -Rate Equipment Lease/Purchase Agreement with Zions First
National Bank.
NOW, THEREFORE, BE IT RESOLVED that the City Council of the City
of National City hereby authorizes the Mayor to execute a Fixed -Rate Equipment
Lease/Purchase Agreement with Zions First National Bank for the acquisition of an 800
MHz citywide radio system from Motorola, Inc. Said agreement is on file in the office of
the City Clerk.
APPROVED and ADOPTED this 16th day of November 2004.
Nick Inzun' -, Mayor
ATTEST:
Mi• ael R. Dall- City Clerk
APPROVED AS TO FORM:
George H. Eiser, III
City Attorney