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2007 RES R-27-07
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2007 RES R-27-07
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1 <br />2 <br />3 <br />4 <br />5 <br />6 <br />7 <br />8 <br />9 <br />10 <br />11 <br />12 <br />13 <br />14 <br />15 <br />16 <br />17 <br />18 <br />19 <br />20 <br />21 <br />22 <br />23 <br />24 <br />25 <br />26 <br />27 <br />28 <br />RESOLUTION NO. R-27-07 <br />RESOLUTION OF THE CITY COUNCIL OF THE CITY OF <br />COLTON, CALIFORNIA, RELATING TO A LEASE AGREEMENT AND <br />AUTHORIZING OTHER ACTIONS RELATING TO THE CITY'S LEASE OF <br />OFFICE EQUIPMENT <br />WHEREAS, the City Council of the City of Colton (the "City") has determined that it is <br />in the best interest of the City to enter into a Lease Agreement (the "Lease Agreement") <br />relating to the lease of a Canon Copiers for various departments city-wide (the "Equipment"); <br />land <br />WHEREAS, the Lease Agreement provides generally for (1) the lease of the I <br />Equipment by the City from Canon Financial Services, Inc; and (ii) the payment by the City to <br />Canon Financial Services, Inc; and <br />WHEREAS, in order to lease the Equipment, it is necessary that the City enter into the <br />Lease Agreement and that certain other actions be authorized and taken; and <br />WHEREAS, the City desires to authorize the lease of the Equipment upon the terms <br />and conditions hereafter set forth; <br />NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF <br />COLTON, as follows: <br />Section 1. Approval of Lease Contract for Equipment. The lease for the <br />Equipment is hereby approved. The City Manager is hereby authorized and directed to act <br />on behalf of the City to establish and determine the final amount of the lease contract, an <br />amount which shall not exceed $4,411.11 per month for 60 -months. <br />Section 2. Approval of Lease Agreement. The Lease Agreement is hereby <br />approved. The Mayor or the City Manager are hereby authorized and directed to execute, <br />attest and deliver said Lease Agreement for, in the name of, and on behalf of the City in the <br />form hereby approved, with such changes as the City Manager may approve, such approval <br />to be conclusively evidenced by the execution and delivery thereof. <br />1 <br />
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