HomeMy WebLinkAboutCC RESO 2006-39RESOLUTION NO. 2006 — 39
RESOLUTION OF THE CITY COUNCIL
OF THE CITY OF NATIONAL CITY
AUTHORIZING THE MAYOR TO EXECUTE
AN AGREEMENT WITH SAULSBURY HILL FINANCIAL
FOR LEASE FINANCING FOR THE PURCHASE OF
A CATERPILLAR 924G WHEEL LOADER FOR THE
PUBLIC WORKS DEPARTMENT
WHEREAS, in conjunction with the Purchasing Agent's purchase of a Caterpillar
924G Wheel Loader from Hawthorne Equipment for the Public Works Department, the Finance
Department has received proposals from four different lease financing vendors; and
WHEREAS, after reviewing all proposals, staff recommends Saulsbury Hill
Financial because 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
Saulsbury Hill Financial for the purchase of a Caterpillar 924G Wheel Loader from Hawthorne
Equipment for the Public Works Department. Said agreement is on file with the Office of the
City Clerk.
PASSED and ADOPTED this 7th day of March, 2006.
ATTEST:
>,
Mich. el R. Dalla, •f y Clerk
^•PPROVED AS TO FORM:
George H. iser, III
City Attorney
Passed and adopted by the Council of the City of National City, California, on March 7,
2006, by the following vote, to -wit:
Ayes: Councilmembers Inzunza, Natividad, Parra, Zarate.
Nays: None.
Absent: Morrison.
Abstain: None.
AUTHENTICATED BY:
NICK INZUNZA
Mayor of the City of National City, California
ji
I /
City CIrk of the City of ational City, California
By:
Deputy
I HEREBY CERTIFY that the above and foregoing is a full, true and correct copy of
RESOLUTION NO. 2006-39 of the City of National City, California, passed and adopted
by the Council of said City on March 7, 2006.
City Clerk of the City of National City, California
By:
Deputy