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HomeMy WebLinkAboutordinance.council.018-86 ORDINANCE NO. (Series of 1986) AN ORDINANCE APPROVING AN EQUIPMENT LEASE/PURCHASE AGREEMENT BETWEEN THE CITY OF ASPEN, COLORADO, AND JINCO LEASING CORP., SETTING FORTH TERMS AND CONDITIONS FOR THE LEASE OF A PISTEN- BULLY SNOWCAT BY THE CITY OF ASPEN FROM JINCO LEASING CORP. AND DIRECTING THE MAYOR TO EXECUTE SAID AGREEMENT ON BEHALF OF THE CITY OF ASPEN; WHEREAS, there has been submitted to the City Council an Equipment Lease/Purchase Agreement between the City of Aspen and JINCO Leasing Corp. setting forth the terms and conditions for the lease of a Pisten-Bully snowcat by the City of Aspen from JINCO Leasing Corp. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF ASPEN, COLORADO: Section 1 That the City Council of the City of Aspen does approve the Equipment Lease/Purchase Agreement between the City of Aspen and JINCO Leasing Corp. providing for the lease of a Pisten-Bully snowcat by the City of Aspen from JINCO Leasing Corp., which agreement is attached hereto and incorporated herein; and does further authorize the Mayor to execute said Agreement on behalf of the City of Aspen. Section 2 If any section, subsection, sentence, clause, phrase or portion of this ordinance is for any reason held invalid or unconstitutional in a court of competent jurisdiction, such portion shall be deemed a separate, distinct and independent provision and shall not affect the validity of the remaining portions thereof. Section 3 A public hearing on the ordinance shall be held on the 27th day of May , 1986, at the Aspen Community Center, 0100 Lone Pine Road, Aspen, Colorado. INTRODUCED, READ AND ORDERED published as provided by law of the City Council of the City of Aspen on the 12th day of May , 1986. William L. Stirling, Mayor ATTEST: Kathryn S. Koch, City Clerk FINALLY adopted, passed and approved this ~,~-- day of ~~f , 1986. William L. Stirling, Mayor ATTEST: Kathryn S. Koch, City Clerk