HomeMy WebLinkAboutordinance.council.037-69RECORD OF PROCEEDINGS
IOO LEAVES
ORDINANCE NO.
(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 with the
hereinafter stated terms and conditions:
"A.
Austin-Western Motorgrader Model Pacer 500
Lessor: Equitable Leasing Company
Terms: Sixty (60) months
Rental Payments: Total Cost: $32,511.20
Monthly payments: $747.76
2% per month depreciation monthly
service charge .9%.
Option to purchase after sixty (60)
months for cost of transfer fee.
1969 Ford Tandem, Model T-850
Lessor: Equitable Leasing Company
Terms: Fifty (50) months commencing 10/1/69.
Rental Payments: Total Cost: $14,306.43
Monthly payments: $415.61
2% per month depreciation monthly
service charge .9%.
Option to purchase after fifty (50)
months for cost of transfer fee."
INTRODUCED, READ AND ORDERED published as provided by
law by the City Council of Aspen, Colorado, at its regul~
meeting held at the City of Aspen, Colorado on the ~o~j
day of <~~ , 1969.
MAYOR
RECORD Of PROCEEDINGS
1OO LEAVES
ATTEST:
CityV Clerk
F~NALLY passed, adopted
day of ~~_~ ,
and approved on the ~2~
1969.
ATTEST
MAYOR
STATE OF COLORADO )
) ss
COUNTY OF PITKIN )
CERT.IFICATE
I, Lorraine Graves, City Clerk of Aspen, Colorado,
do hereby certify that the above and foregoin$ ordinance was
introducted, read in full, and passed on ... first
reading at a regular meeting of the City Council of the
City of Aspen on December 8 ,1969__, and publish-
ed in the t spen Times a weekly newspaper of general circul-
ation, published in the City of Aspen, Colorado, in ~ts
issue of December 11 . ,1969, and was finally adopted
and approved at a regular meeting of the City Council on
December 22
Ordinance No. 37
provided by law.
IN WITNESS WHEREOF,
the seal of said City of Aspen, Colorado,
day of December , 1969
,196~ , and ordered published as
, Series 19~..9 , of said City, as
I have hereunto set my hand and
Chis 23rd ,
Lorraine Craves, City Clerk