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R-5358 e e e e RESOLUTION NO. 5358 CCS. (City Council Series) A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SANTA MONICA APPROVING THE LEASEI PURCHASE OF A DUPLICATING MACHINE AND AUTHORIZING EXECUTION OF AGREEMENT. WHEREAS. the City of Santa Monica currently is leasing a Xerox 9200 Duplicating Machine with 50-bin collator; and WHEREAS. the opportunity exists to acquire this machine on a five (5) year lease/purchase agreement at a total cost less than the current lease/rental plan; and WHEREAS, the City will enjoy significant savings and will acquire title to this equipment with no initial capital outlay. NOW, THEREFORE. THE CITY COUNCIL OF THE CITY OF SANTA MONICA DOES RESOLVE AS FOLLOWS: SECTION 1. That the lease/purchase of the Xerox 9200 Duplicating Machine would be advantageous to the City. SECTION 2. That the lease/purchase of this equipment is approved. SECTION 3. That formal bidding procedures would incur unecessary expence and delay. SECTION 4. That the City Manager is authorized to execute the lease/purchase contract and related financing agreements. APPROVED AS TO FORM: City Attorney -- e e e e ADOPTED AND APPROVED THIS 24tij. DAY OF July , 1979. h; tt-J C~JAJ~( .b~~ MAYOR I HEREBY CERTIFY THAT THE FOREGOING RESOLUTION~ No. 5358 , WAS DULY ADOPTED BY THE CITY COUNCIL OF THE CITY OF SANTA MONICA AT A REGULAR MEETING THEREOF HELD ON July 24 , 1979 BY THE FOllOWING COUNCIL VOTE: AYES: COUNCIlMEMBERS: Bambrick, Jennings, Reed, Scott, Swink, Yannatta, van den Steenhoven NOES: COUNCIlMEMBERS: :-Jane ABS Ern: COUNCIlMEMBERS: :-Jane ABSTAIN: COUNCIlMEMBERS: )Jane ATTEST: J; - ""..- - . / -- .. . -- ~r. ',_ - - '1.--0#: -,/ k- TY" ~ - ---- ~ - _ . - ~