HomeMy WebLinkAboutordinance.council.013-69RECORD OF PROCEEDINGS
'100 LEAVES
ORDINANCE No. I~
(Series of 1969)
AN ORDINANCE APPROVING AND RATIFYING CERTAIN LONG TERM
LEASES OF THE CITY OF ASPEN.
WHEREAS, the City of Aspen, by authority and with
approval of the City Council of the City of Aspen, has entered
into certain long term leases hereinafter mentioned.
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF
ASPEN, COLORADO:
Section 1: The following long term leases and
options to purchase of equipment and machinery by the City
of Aspen are hereby approved and ratified in accordance~ith
the hereinafter stated terms and conditions:
1968 Plymouth Police Car
Lessor: Gelco Leasing Co.
Terms: Fifty (50) months commencing 6/27/68
Rental Payments: Two (2) percent per month
of capitalized cost of $3,134.83 plus
depreciating service charge. Option
to purchase after fifty (50) months
for cost of transfer fee.
Bo
Street Sweeper
Lessor: Gelco Leasing Co.
Terms: Fifty (50) months commencing 5/7/68.
Rental Payments: Two (2) percent per month
of capitalized cost of $15,079.51, plus
depreciating service charge. Option to
Purchase after fifty (50) months for
cost of transfer fee.
Cannon Electronic Calculator, Model 161-S,
Lessor: Equitable Leasing Corporation
Terms: Twelve (12) months and option to renew
commencing 4/15/69.
Rental Payments: Nine (9) percent per month
of capitalized cost of $1,195.00 for
first Twelve (12) months, and Two (2)
percent of capitalized cost thereafter.
Option to purchase after Twelve (12)
months at Five (5) percent of capitalized
cost.
RECORD OF PROCEEDINGS
LEAVES
Do
1968 Chevrolet Utility Bed Pick Up.
Lessor: Dick Wheeler, Inc.
Terms: 4/10/68 to 4/10/71.
Rental Payments: $86.00 per month for
Thirty Six (36) months.
INTRODUCED, READ AND ORDERED published as provided
by law by the City Council of Aspen, Colorado, at its regular
meeting held ~t the City of Aspen, Colorado on the c~
day of ~ , 1969.
MAYOR
CITY CLERK
day of
FINALLY passed,
ATTEST:
adopted and approved on the · 1969 .
CITY CLERK
STATE OF COLORADO )
) ss
COUNTY DF PITKIN )
CERTIFICATE
I, Lorraine Graves, City Clerk of Aspen, Colorado,
do hereby certify that the above and foregoing ordinance wa~
introducted, read in full, and passed on first _
reading at a regular meeting of the City Council of the
City of Aspen on June 23 ,1969__, and publish-
ed in the f spen Times a weekly newspaper of general circul-
ation, published in the City of Aspen,
issue of June 26 ,1969~,
and approved at a regular meeting of the City Council on
July 14 ,196 9 , and ordered published as
Ordinance No. .~3 , Series 196 9 , of said City, as
provided by law.
IN WITNESS. WHEREOF, I have hereunto set my hand and
the seal of said City of Aspen, Colorado, this 15th
day of July , , 196 9
Colorado, in its
and was finally adopted
SEAL
Effective
August 16, 1969