HomeMy WebLinkAboutCC Resolution 12496 (Structural Fire Protective Clothing)RESOLUTION NO. 12496
RESOLUTION AUTHORIZING LEASE AGREEMENT FOR
STRUCTURAL FIRE PROTECTIVE CLOTHING
WHEREAS, the City of San Rafael (the "City") is a city organized and existing under and
pursuant to the Constitution and laws of the State of California (the "State"); and
WHEREAS, the City Fire Department needs to replace its Structural Fire Protective
Clothing; and
WHEREAS, the City Fire Department, pursuant to City Municipal Code Section 2.55.260
has obtained documentation that the City of La Mesa has purchased, via competitive bidding,
Globe G-xtreme Structural Fire Protective Clothing that is the same type that will serve San
Rafael's needs; and
WHERAS, L.N. Curtis & Sons is the local distributor of Globe G-xtreme Structural Fire
Protective Clothing; and
WHEREAS, the City desires to provide for financing in the approximate amount of
$122,755.50 for the acquisition of Structural Fire Protective Clothing (the "Property"); and
WI IEREAS, Baystone Financial Group (the "Corporation") has proposed a cost-effective
lease purchase financing arrangement at 4.95% interest rate.
hereby:
NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of San Rafael
1. Finds all the above -recited facts to be true and accurate;
2. Authorizes the San Rafael Fire Department to purchase Globe G-xtreme
Structural Fire Protective Clothing from L.N. Curtis & Sons;
3. Lease with Option to Purchase. The Mayor or City Manager, or his designee, are
hereby authorized to enter into a Lease with Option to Purchase (the "Lease") with
the Corporation, subject to approval as to form by the City Attorney;
4. Attestations. The City Clerk is hereby authorized and directed to attest the
signature of the Mayor or City Manager or of such other person or persons as may
have been designated by the Mayor or City Manager, and to affix and attest the
seal of the City, as may be required or appropriate in connection with the
execution and delivery of the Lease;
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5. Other Actions. The Mayor, City Manager and other officers of the City are each
hereby authorized and directed, jointly and severally, to take any and all actions
and to execute and deliver any and all agreements, documents and certificates
which they may deem necessary or advisable in order to carry out, give effect to
and comply with the terms of this Resolution and the Lease. Such actions are
hereby ratified, confirmed and approved;
6. Oualified Tax -Exempt Obligations. The Lease is hereby designated as a "qualified
tax-exempt obligation" within the meaning of Section 265(b)(3) of the Internal
Revenue Code of 1986, as amended (the "Code"). The City, together with all
subordinate entities of the City, does not reasonably expect to issue during the
calendar year in which the Lease is issued more than $10,000,000 of obligations
which it could designate as "qualified tax-exempt obligation" under Section
265(b)(3) of the Code.
7. Effective Date: This Resolution shall take effect immediately upon its passage.
I, ESTHER C. BEIRNE, Clerk of the City of San Rafael, hereby certify that the foregoing
Resolution was duly and regularly introduced and adopted at a regular meeting of the City
Council of said City held on Monday, the 2nd day of June, 2008 by the following vote, to wit:
AYES: COUNCILMEMBERS: Brockbank, Connolly, l leller, Miller & Mayor Boro
NOES: COUNCILMEMBERS: None
ABSENT: COUNCILMEMBERS: None
"SWEI,
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