01/25/2011 Resolutions 2011-25RESOLUTION 2011-25
WHEREAS, the Fire Department plans to purchase a heavy duty rescue pumper truck
as included in the approved Fiscal Year 2010/2011 budget; and
WHEREAS, Council previously approved the consideration of either a lease or a tax
exempt loan; and
WHEREAS, nine financing proposals were received, opened and reviewed following
the advertisement of the proposal request that was posted according to statutory requirements; and
WHEREAS, the proposal from Municipal Leasing Consultants fora 5 year tax exempt
lease purchase agreement was determined to be the most economical for the City; and
NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND COUNCIL OF
THE CITY OF GRAND ISLAND, NEBRASKA, that:
The proposal received from Municipal Leasing Consultants fora 5 year lease purchase
agreement is hereby approved. The Mayor is so authorized to sign the lease purchase agreement.
Adopted by the City Council of the City of Grand Island, Nebraska, January 25, 2011.
Jay Vavricek, Mayor
Attest:
RaNae Edwards, City Clerk
Resolution X2011-25 was pulled from the January. 25, 2011 City Council meeting
and no action was taken. ~'
Approved as to Form Q
January 24, 2011 a City Attorney