1992-06 Equipment LeaseC
•
RESOLUTION 92-6
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 4th day of February, 1992, 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resolutions have not been rescinded or modified and are now of full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 The
NationsBanc 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
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 my name and affixed
the seal of this City, this 4th day of February, 1992.
J s E. Kirk, Mayor
ATTEST:
Bonnie S. Thomas, CMC, City Clerk