HomeMy Public PortalAboutResolution 19-14 Lease for a Mini Track Excavator City of McCall
RESOLUTION NO. 19-14
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF McCALL, VALLEY COUNTY,
STATE OF IDAHO, PROVIDING FOR FINDINGS AND PURPOSES; AUTHORIZING THE
MAYOR TO ENTER INTO, ON BEHALF OF SAID MUNICIPALITY, A "GOVERNMENTAL
EQUIPMENT LEASE-PURCHASE AGREEMENT" AND A "NON-APPROPRIATION
ADDENDUM" BETWEEN THE CITY OF McCALL AND CATERPILLAR FINANCIAL
SERVICES CORPORATION, AND PROVIDING AN EFFECTIVE DATE.
BE IT RESOLVED by the City Council of the City of McCall:
WHEREAS, the City of McCall is authorized and has the power to lease personal property as
provided for in Idaho Code Section 50-301; and
WHEREAS, it is in the best interests of the City of McCall to enter into a lease with Caterpillar
Financial Services Corporation, a Tennessee corporation, denoted as "GOVERNMENTAL
EQUIPMENT LEASE-PURCHASE AGREEMENT" and "NON-APPROPRIATION
ADDENDUM", for the reasons and authority for which are as set forth in the two Agreements.
NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND CITY COUNCIL as
follows:
Section 1. Findings
The City Council of the City of McCall finds:
1.1 The Mayor and Clerk are hereby authorized to enter into and on behalf of the City of
McCall, that certain Agreement with Caterpillar Financial Services Corporation, entitled
"GOVERNMENTAL EQUIPMENT LEASE-PURCHASE AGREEMENT" and "NON-
APPROPRIATION ADDENDUM", and to bind this City to its terms and conditions.
1.2 That the terms of the leases substantially inform are just and equitable, and said leases are
hereby approved.
1.3 The City of McCall Clerk is directed to file this Resolution forthwith in the official records
of this City of McCall.
1.4 This resolution shall be in full force and effect from the date of its passage. xx:
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Resolution 19-14 Caterpillar Financial Services Corporation Agreements—305#2 Mini Track Excavator
September 12,2019
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PASSED by the City Council of the City of McCall this 12th day of September 2019.
Signed. . .r
ackie J. .•-er.o•, ayor
ATTEST:
I certify that the above resolution was duly adopted by the City Council of the City of McCall on
September 12, 2019 by the following vote: Ayes: 4
Noes: 0
Absent: 1
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Resolution 19-14 Caterpillar Financial Services Corporation Agreements—305#2 Mini Track Excavator
September 12,2019
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