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HomeMy Public PortalAbout005-2012 - Resolution - authorizing equipmenBOARD OF PARKS AND RECREATION OF THE CITY OF RICHMOND, INDIANA RESOLUTION NO. 5 -2012 A RESOLUTION AUTHORIZING EXECUTION AND DELIVERY OF EQUIPMENT LEASE /PURCHASE AGREEMENT WITH WEST END BANK WHEREAS, Pursuant to Indiana Code 36 -10 -3 et seq. the City of Richmond Parks and Recreation Board (hereinafter "Board ") is authorized to enter into contracts on behalf of the City of Richmond Parks Department; and WHEREAS, Board approval of contracts presented to the Park Board constitute formal Board action and contracts that have been formally approved by the Board are executed by all members of the Board; and WHEREAS, It is in the best interest of the Parks Department to authorize Gary Turner, President of the Park Board, and Tammy Glenn as the Richmond City Controller, to execute and deliver a certain Agreement and Lease to West End Bank, S.B. a state banking association (Contract No. 58 -2012) and to authorize the performance of said Agreement and Lease in order that the Parks Department on behalf of the City will fulfill its obligations under said Agreement and Lease. NOW, THEREFORE, BE IT RESOLVED by the City of Richmond Board of Parks and Recreation that the Board authorizes Tammy Glenn as the Richmond City Controller, and Gary Turner, President of the Park Board, to execute and deliver the West End Bank, S.B. Agreement and Lease (Contract No. 58- 2012) and authorizes the performance of said Agreement and Lease in order that the Parks Department on behalf of the City will fulfill its obligations under said Agreement and Lease. THIS RESOLUTION IS ADOPTED THIS 7TH DAY OF JUNE 2012 By:_ /S Gary Turner Gary Turner, President By:_ /S Mike Foley Mike Foley, Vice President By:_ /S Deanna Beaman Deanna Beaman, Member By:_ /S Karen Montgomery Karen Montgomery, Member APPROVED: S/S Sarah L. Hutton Sarah L. Hutton, Mayor Date: June 8, 2012