1995-01 Equipment LeaseRESOLUTION 95-1
RESOLUTION TO LEASE EQUIPMENT
Certified Copy of Resolutions and Certificate Pursuant Thereto
. Name of City: City of Okeechobee
Address: 55 S.E. 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 3rd day of January, 1995, 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rescinded or modified and are now of full force and effect: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 with Sun Bank National
Association (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 Internal 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.
I 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
this City, this 3rd day of January, 1995.
ATTEST:
i
Bonnie S'Thomas',-CMC
City Clerk
my name and affixed the seal of
Jarffes E. Kirk
Mayor