1997-06 Equipment LeaseRESOLUTION NO. 97-6
RESOLUTION TO LEASE EQUIPMENT
0 Certified Copy of Resolution and Certificate Pursuant Thereto
Name of City: City of Okeechobee
Address: 55 SE Third Avenue, Okeechobee, FL 34974
Chartered under the law of the State of Florida
I, the undersigned, hereby certify that I am the Clerk of the above named City (hereinafter called "this
City); that the following is a true copy of resolutions duly adopted by the City Council of this City at a
meeting duly held on the 16"' day of December, 1997, at which a quorum was present and acting
throughout, and that such resolutions have not been rescinded or modified and are now of full force
and effect:
RESOLVED, that this City enter into an Equipment Lease to acquire 20 police cars to be purchased
in the Spring of 1998 with SunTrust Leasing Corporation (hereinafter called "lessor") and that this
City lease equipment from Lessor pursuant to the terms of such Equipment Lease; and that James E.
Kirk be and hereby is authorized and directed in the name and on behalf of this City to execute an
Equipment Lease with Lessor in substantially the forms presented to this meeting with such changes
therein and additions thereto as shall be approved by the officer who executes the same, with such
execution to be conclusive evidence that each such document so executed has been authorized and
approved by this vote.
FURTHER RESOLVED, that the Equipment Lease be designated "Qualified Tax -Exempt
Obligations" within the meaning of S 265 (b) of the.lnternal Revenue Code of 1986.
FURTHER RESOLVED, that the Mayor of this City be and each of them hereby is authorized to
execute and deliver such other instruments and take such other actions as he shall deem necessary
and desirable for the purpose of carrying out the foregoing votes.
FURTHER RESOLVED, that the foregoing resolutions shall remain in full force and effect until
written notice of their amendment or rescission shall have been received by Lessor and that receipt
of such notice shall not affect any action taken by Lessor prior thereto; and
FURTHER RESOLVED, that the Clerk of this City be and (s) he hereby is authorized and directed to
certify to said Lessor the foregoing resolutions and that the provisions thereof are in conformity with
the charter of this City.
further certify that there is no provision in the charter of this City limiting the power of the City
Council to pass the foregoing resolutions and that the same are in conformity with the provisions of
said charter.
I further certify that the following are the names and official signatures of those persons authorized to
act by the foregoing resolutions.
IN WITNESS WHEREOF, I have hereunto subscribed my name and affixe the seal of this City, this
16"' day of, December. 1997. ,
,
mes E. Kirk, Mayor
ATTEST:
Bon ie S. Tho asp CMC, City Clerk
APPROVED -FOR LEGAL FFICIENCY:
John R. Cook, City Attorney