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HomeMy WebLinkAboutordinance.council.052-86 ORDINANCE NO. ~~_ Series of 1986) AN ORDINANCE APPROVING THE TERMS AND CONDITIONS OF AN EQUIPMENT LEASE/PURCHASE AGREEMENT BETWEEN THE CITY OF ASPEN, COLORADO, AND COLORADO NATIONAL LEASING, INC., SETTING FORTH TERMS AND CONDITIONS FOR THE LEASE OF POLICE RADIOS AND A COMPUTERIZED THEATRIX LIGHTING SYSTEM, WHICH LEASE IS FOR A TERM OF FIVE(5) YEARS AND PROVIDES FOR AN ANNUAL LEASE PAYMENT OF $25,448 AND DIRECTING THE MAYOR TO EXECUTE SAID AGREEMENT ON BEHALF OF THE CITY WHEREAS, the City Council is required, by reason of Section 10.8 of the City charter to approve long term installment purchase contracts and rental and leasehold agreements by ordinance; and WHEREAS, there has been presented to the City Council a lease/purchase agreement between the City and Colorado National Leasing, Inc., with regard to police radios and a computerized theatrix lighting system, which agreement is appended hereto and incorporated herein by reference, providing for a term of 5 years and annual lease payments of $25,448; and WHEREAS, the City Council desires to approve said lease/purchase agreement and direct the Mayor to execute the same on behalf of the City. NOW,THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF ASPEN, COLORADO: Section 1 The City Council does hereby approve that lease/purchase agreement between the City of Aspen and Colorado National Leasing, Inc. with regard to the lease/purchase of police radios and a computerized theatrix lighting system, attached hereto and incorporated herein by this reference, and does hereby direct the Mayor to execute such agreement on behalf of the City. 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 Nothing in this ordinance shall be construed to affect any right, duty or liability under any ordinances in effect prior to the effective date of this ordinance, and the same shall be continued and concluded under such prior ordinance. Section 4 A public hearing on the ordinance shall be held on the lOth day of November, 1986 at the Aspen City Hall, 130 South Galena street, Aspen, Colorado. INTRODUCED, READ AND ORDERED published as provided by law of the City Council of the City of Aspen on the 27th day of October, 1986. 7 ~/G //2//; - / // ~~. . / , William L. Stirling, Mayor ATTEST: ~ .no) / 4 e/..../ Kathryn ~ Koch, City Clerk yIJ FINALLY adopted, passed and approved this I~ day of ~ , 1986. ,----,' ~/ /: ~:;:/ /", ...... \. '.... /'" -~ ;/~. . /~ ~illiam L. Stirli:g, Mayor ATTEST: t:~~) J4u Kathryn I KOC; City Clerk