Res 95-087RESOLUTION NO. g$-087
A RESOLUTION OF THE CITY COUNCIL
OF THE CITY OF POWAY, CALIFORNIA,
AUTHORIZING THE CITY TO ENTER INTO A
LEASE PURCHASE AGREEMENT WITH SOUTHLAND INDUSTRIES
WHEREAS, on April 25, lgg5 the City Council of the City of Poway, California
authorized the City to enter into an agreement with Southland Industries and
San Diego Gas & Electric Company to reduce energy consumption by upgrading and/or
replacing equipment to make it operate in an energy-efficient and cost-effective
manner, and
WHEREAS, the City Council has determined that a true and very real need exists
for the acquisition of the equipment described in the Lease Purchase Agreement
presented by Southland Industries, and
WHEREAS, the City Council has taken the necessary steps, including any legal
bidding requirements, under applicable law to arrange for the acquisition of such
equipment.
NOW, THEREFORE, BE IT RESOLVED by the City Council that the Lease Purchase
Agreement substantially in the form presented to this meeting is in the best
interests of the City for the acquisition of such equipment, and the City Council
designates and confirms the City Manager to execute and deliver the Lease Purchase
Agreement along with any related documents necessary to the consummation of the
transactions contemplated by the Lease Purchase Agreement.
PASSED, ADOPTED AND APPROVED by the City Council of the City of Poway,
California, at a regular meeting thereof this 1st day of August, 1995.
Don Higgins~
ATTEST:
Marjo~ie\,K. Wahlsten, City Clerk
ResolutJon No. gs- 087
Page 2
STATE OF CALIFORNIA )
) SS.
COUNTY OF SAN DIEGO )
I, Marjorie K. Wahlsten, City Clerk of the City of Poway, do hereby certify
under penalty of perjury that the foregoing Resolution No. 95- 087 was duly adopted
by the City Council at a meeting of said City Council held on the 1st day of August,
1995, and that it was so adopted by the following vote:
AYES: CAFAGNA, CALLERY, EMERY, REXFORD, HIGGINSON
NOES: NONE
ABSTAIN: NONE
ABSENT: NONE
Marjofi~K. Wahlsten, City Clerk
City ~f?oway