HomeMy WebLinkAboutBPW-03-20-02-04 Fire Dpt/IBBRESOLUTION NO. BPW-03-20-02-04
A RESOLUTION OF THE CITY OF CARMEL BOARD OF PUBLIC WORKS AND SAFETY
APPROVING A LEASE WITH THE INDIANA BOND BANK
FOR THE CARMEL FIRE DEPARTMENT
WHEREAS, in accordance with the provisions of Indiana Code 5-22, certain bid(s) for the
purchase/lease of the equipment ("Equipment") listed on attached Exhibit A, incorporated herein by this
reference, were received and approved; and,
WHEREAS, the assignment of such Equipment bids to the Indiana Bond Bank in accordance with
the provisions of Indiana Code 5-1.5, to be paid pursuant to Individual Payment Schedule No. 5, as
attached to that Certain Master Lease-Purchase Agreement dated as of June 7, 2002, by and between the
Indiana Bond Bank ("Bank") and the City of Carmel, Indiana ("City"), as the same may be supplemented
from time to time ("Master Lease"), which Master Lease is incorporated herein by this reference, is in the
best interests of the City; and
WHEREAS, a copy of Individual Payment Schedule No. 5 ("Schedule No. 5") is attached hereto
as Exhibit B and incorporated herein by this reference.
NOW, THEREFORE, BE IT RESOLVED by this Board that the Equipment listed on attached
Exhibit A is hereby assigned to the Bank, that Schedule No. 5 provides for a fair and reasonable rental for
the use and enjoyment of such Equipment by the City, and that the execution of same is necessary and
appropriate.
BE IT FURTHER RESOLVED, that the delivery by the Carmel Clerk-Treasurer to the Indiana
Bond Bank of Schedule No. 5 is hereby authorized and approved, and the Clerk-Treasurer is hereby
authorized to execute such documents related to same as are reasonable, lawful, necessary and required in
order to carry out the transactions authorized hereby, the execution of Schedule No. 5 by the Board
constituting conclusive evidence of such approval.
BE IT FURTHER RESOLVED, that the Clerk-Treasurer is authorized and directed to initial and
date a copy of said Schedule No. 5 and to place the same in the minute book immediately following the
minutes of this meeting.
BE IT FURTHER RESOLVED, that the Clerk-Treasurer is hereby authorized and directed to
execute on behalf of the City any documents lawful, necessary, reasonable and required by Schedule No.
5, including, but not limited to, Certificates of Acceptance, affidavits on behalf of the City of Carmel,
Uniform Commercial Code financing statements and Internal Revenue Service Forms 8038GC or 8038G,
provided that the Clerk-Treasurer shall have previously had such documents reviewed and approved by
the Carmel City Attorney.
Page One of Two Pages
ALL OF WHICH IS RESOLVED by the City of Carmel Board of Public Works and Safety, this
day of ~-0-J~CJ~ , 2002.
CARMEL BOARD OF PUBLIC WORKS AND SAFETY
By:
James Brai, nprd, f resid.~O ~cer
Date: 7 - / 2' (~-(,vz~
Mary Ann ~'urke, ?l._ember
Date:
Billl~Walker, Member
ATTEtST: ~
Diana L. C_ordray, JAM~,~C~._~rls/-Tre..~surer
Date: "~f'~dCc~A , ~.~/ ~ ~
BPW Resolution No. 04-20-02-04
Page Two of Two Pages
IHaney, Douglas C
From: Junker, Jean J
Sent: Thursday, March 07, 2002 10:01 AM
To: Haney, Douglas C
Cc: Callahan, Doug
Subject: Bond Bank
Doug,
These are the two items being submitted to the Bond Bank.
(1) - 2002 KME 1500GPM
Custom Pumper Fire Apparatus
(1) - 2002 American LaFrance 1500GPM
Custom Pumper w/75 ft. Aerial Ladder
Please contact Chief Callahan should you have any questions.
Thank you,
Jean Junker
EXHIBIT A