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HomeMy WebLinkAboutordinance.council.042-79RECORD OF PROCEEDINGS 100 Leaves ORDINANCE NO. q~/ (Series of 1979) AN ORDINANCE APPROVING THE TERMS AND CONDITIONS OF A VEHICLE LEASING AGREEMENT BETWEEN THE CITY OF ASPEN AND JINCO LEASING CORPORATION, WHICH LEASE IS FOR A TERM OF SIXTY MONTHS ~D PROVIDES FOR A QUARTERLY PAYMENT OF $5,319.73 WHEREAS, the City Council is required, by reason of Section 10.8 of the home rule charter, to ratify all long-term rental agreements by ordinance, and it wishes to do so with respect to an outstanding agreement between the City of Aspen and Jinco Leasing Corporation. NOW, THEREFORE, BE IT ORDAINED BY THE CITY OF ASPEN, COLO- RADO: Section That it 1 does hereby ratify and approve that lease agreement between the City of Aspen and Jinco Leasing Corporation for the lease of a Fiat Allis Model 605B, Front End Wheel Loader, Serial Number 24UO5589, and a 1979 International Dump Truck, Model F-2574, Serial Number CF257JGB20616, under the following terms and conditions: Term of rental: 60 months Quarterly payment: $5,319.73 Mileage Allowance: Unlimited Insurance to be maintained by the City and such other common contract provisions as are specified in the agreement itself (on file in the office of the Director of Finance of the City of Aspen). RECORD OF PROCEEDINGS 100 Leaves Sectio. Q I~ any provision o~ this ordinance or the application thereof to any person or circumstance is held invalid such invalidity shall not affect other provisions or applications of the ordinance which can be given effect without the invalid provision or appli- cation, and to this end the provisions of this ordinance are declared to be severable. Seqtion 3 A public hearing on the ordinance shall be held on the /~~ c~ ..... , 1979, at 5:00 P.M. in the City Council Chambers, Aspen City Hall, Aspen, Colorado. INTRODUCED, READ AND ORDERED published as provided by law by the City Council of the City of Aspen, Colorado, at its regular meeting held at the City of Aspen, Colorado, on the ~b~/ day of ~ , 1979. Herman Edel ~ Mayor ATTEST: City Clerk FINAL~3d, passed and approved on the , 1979. ~/~7~/day of H~rman Ed~l Mayor ATTEST: ? Kathryn ~'Koch City Clerk RECORD OF PROCEEDINGS STATE OF COLOP~ADO ) ) SS COUNTY OF PITKIN ) CERTIFICATE I, Kathryn S. Koch, City .Clerk of Aspen, Colorado, do hereby certify that the above and foregoing ordinance was introduced, read in full, and passed on ~ reading at a regular meeting of the City uncil of the ~t~h~fA~nT~es~~spap~rl~7f~g'en~lP~d ation, published in the City of Aspen, Colorado, in its issue of ~ ~_~ , 197~, and was finally adopted and approved at a regular meeting of the City Council on  ~ , 1979, and ordered published as Ordinance No. ~ , Series of 197 ~, of said City, as provided by law. the day IN WITNESS WHEREOF, I have hereunto set my seal of said City of Aspen, Colorado, this hand and SEAL Kath_y_[n S/ Koch, ci y er --Dep~y Cit~-