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1988-16 Lease EquipmentRESOLUTION TO LEASE EQUIPMENT {{��`�` © Bi K �Q PdGE 537 0 RESOLUTION #88-16 C') xs r r= Certified Copy of Resolutions and Certificate Pursuant ,:. Thereto I rncc Name of City: City of Okeechobee" _. r . Address: 55 S.E. 3rd Avenue. Okeechobee. FL 34974-2932at Chartered under the laws of the State of FloridaC-n:. W + Cn I, the undersigned, hereby certify that I am the Clerk of the above named City (hereafter called "this City"); that the following is at true copy of resolutions duly adopted by the City Council of this City at a meeting duly held on the 6th day of September, 1988, at which a quorum was present and acting throughout, and that such resolutions have not been rescinded or modified and are now of full force and effect: RESOLVED, that this City enter into an Equipment Lease with The Citizens and Southern National Bank (hereinafter called "Lessor") and that this City lease equipment from Lessor pursuant to the terms of such Equipment Lease; and that Oakland Chapman 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 % 141 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 she 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 6th day of September, 1988. NAME TITLE SIGNATURE • Oakland R. Chapman Mayor Bonnie S. Thomas, CMC City Clerk (Seal)