HomeMy WebLinkAboutCC Reso No 1983-26_.. __ _ .__ . __
RESOLUTION N0. 83-26
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LAKE ELSINORE,
CALIFORNIA CONSENTING TO A PERSONAL PROPERTY LEASE PURCHASE
AGREEMENT AND COOPERATION WITH THE ELSINORE UNION SCHOOL DISTRICT
FOR CONSTRUCTION AND LEASE OF RELOCATABLE BUILDINGS PURSUANT TO
CITY COUNCIL RESOLUTION 83-25.
WHEREAS, the City of Lake Elsinore has resolved to cooperate with
the Elsinore Union School District for the construction and lease of ten (10)
relocatable buildings pursuant to the City's Resolution No. 83-25; and
WHEREAS, the City of Lake Elsinore desires to assign the rights to
acquire title to the subject buildings to a Lessor for purposes of entering
into a lease purchase agreement for the buildings over a seven (7) year
period and to finance the interim construction and related costs prior to
completion of construction;
NOW, THEREFORE, be it resolved that the City of Lake Elsinore, in
concert with the Redevelopment Agency of the City of Lake Elsinore enter into
a Personal Property Lease dated April 27, 1983 with City National Bank,
combined with a Progress Payment Agreement of like date and further authorize
the Mayor of the City to execute and deliver all appropriate documents that
have been mutually agreed to by the parties and have been reviewed and
approved by the City's attorney.
i
, PASSED, APPROVED AND ADOPTED this 26th day of April, 1983.
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JO N G. UNSWORTH, MAYOR
ATTEST:
l'~G%~~y~lC~_ CY ; ;~n
DEBORAH A. HARRINGTON, C TY CLERK
APPROVED AS TO FORM:
JOHN M. PORTER, CITY ATTORNEY
STATE Of CALIFORNIA )
) ss.
COUNTY OF RIVERSIDE )
I, Deborah A. Harrington, City Clerk of the City of Lake Elsinore,
DO HEREBY CERTIFY that the foregoing resolution was duly adopted by the
~ City Council of the City of lake Elsinore at a regular meeting of said
Council on the ~_~~~~~~~~~~ day of Anr ~ , 198 3, and
that it was so adopted by the following Jote:
AYES: COUNCILMEMBERS: KNTGHT, MAC MURRAY, 70RN, VALENZUELA, UNSWORTH
NOES: COUNCILMEMBERS: NONE
ABSENT: COUNCILP~EMBERS: NONE
_ ~
~~~~ ~~~/~~~~~~
DEBORAH A. HARRINGTON, CITY LERK
CITY OF LAKE ELSINORE
~SEAL)
,'
STATE OF CALIFORNIA ")
) ss.
COUNTY OF RIVERSIDE )
... ~
I, Deborah A. Harrington, City Clerk of the City of Lake Elsinore,
DO HEREBY CERTIFY that the above and foregoing is a full, true and correct
copy of Resolution No. 83-25 , of said Council, and that the same
has not been amended or repealed.
DATED: May 16, 1983
r:
~- (SEAL)
~S/~/~{"~_/d~f/J~/~ ~l i ~i~'
_
DEBORAH A. HARRINGTON, CITY LERK
CITY OF LAKE ELSIPJORE
G'ity a~ ~'a~Ze ~Isi~.a2e
~ CITY HALL .
130SOUTH MAIN STREET
LAKE ELSINORE, CALIFORNIA92330
Telephone (714) 674-3125
CERTIFICATION
STATE OF CALIFORNIA ) Ss.
COUNTY OF RIVERSIDE )
I, DEBDRAH A. HARRINGTON, City Clerk of the City of
Lake Elsinore, California, D0 HEREBY CERTIFY AND ATTEST
the foregoing to be a full, true and correct copy of
Resolution No. 83-26
on file in the Office of the City Clerk, and that I have
carefully compared the same with the original.
IN WITNESS THEREOf, I have hereunto
set my hand and affixed the Seal of
the City of Lake Elsinore this llth
day of May, 1983.
(SEAL)
i2~~~~~ ~~~~~i~~~~sc~
DEBORAH A. HAR INGTON,(/Cf~Y CLERK
City of Lake Elsinore, California