HomeMy WebLinkAboutresolution.council.045-74RECORD OF PROCEEDINGS
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RESOLUTION NO. ~
(Series of 1974)
WHEREAS, the City Manager and Director of Finance have
submitted a Lease Agreement to the City Council, by and between
the City of Aspen, and The First National Bank of Aspen, incorpor-
ating a schedule of equipment constituting the bus fleet to be
used by the City of Aspen, and
WHEREAS, the City Manager and Director of Finance
have requested approval of the same and authorization by the
City Council for execution of the agreements by the Mayor, and
WHEREAS, said Lease Agreement is for a period of less
than one calendar year, effective on the date of last execution
by a party, and Section 9.13 (b) of the Aspen Charter requires
approval by ordinance if a contract or lease provides for pay-
ments beyond the fiscal year, and
WHEREAS, it is as yet undetermined when execution will
occur on behalf of The First National Bank of Aspen, Lessor, and
the City Council wishes to provide for ratification of the agree-
ment by ordinance in the event that the date of execution is such
as to provide for payments thereunder after December 31, 1975,
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF
THE CITY OF ASPEN, COLORADO,
1. That it does hereby ratify and approve the Lease
Agreement dated December 27, 1974, a copy of which is attached
hereto and incorporated by this reference, and does hereby affirm
the same.
RECORD OF PROCEEDINGS
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2. That the Mayor, Stacy Standley III is authorized
to execute the same on behalf of the City of Aspen.
3. In the event the effective date is such so as to
require the City of Aspen to make payments thereunder after
December 31, 1974, the City Attorney is directed to prepare
and submit for Council Adoption an ordinance appropriate for
ratification of the same pursuant to the requirements of
Section 9.13 of the Aspen Municipal Charter.
Dated: ~_~/,~ /~_/~ ~-- ~-~-~-~-~-~-~-~-~-~ ~
~ Stacy Stanley III ~~ /
May~r/ ~,/~,/ ~/
a I,~~.~,...,,~.~ ~ ~~",~,..~ ,~pointed ~)
nd acting /~-~-4 City Clerk do hereby certify that the fore-
going resolution approved and adopted by the Aspen City
Council at its continued regular meeting held Friday, December 27,
~D~puty) City Clerk
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