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REGULAR MEETING <br />JUNE 14.2016 205 <br />Adopted this 14th day of June, 2016. <br />ATTEST: <br />s/Linda M. Martin, Clerk <br />CITY OF SOUTH BEND <br />BOARD OF PUBLIC WORKS <br />s/ Gary A. Gilot <br />s/ David P. Relos <br />s/ Elizabeth A. Maradik <br />s/ Therese J. Doran <br />s/ James A. Mueller — <br />ADOPT RESOLUTION NO. 30-2016 — A RESOLUTION OF THE BOARD OF PUBLIC <br />WORKS OF THE CITY OF SOUTH BEND, INDIANA, APPROVING THE MASTER <br />LEASE -PURCHASE AGREEMENT, THE ADDENDUM, AND RELATED SCHEDULES <br />WITH PNC EOUIPMENT FINANCE, LLC <br />Upon a motion made by Mr. Relos, seconded by Ms. Maradik and carried, the following <br />Resolution was adopted by the Board of Public Works: <br />RESOLUTION NO.30-2016 <br />A RESOLUTION OF THE BOARD OF PUBLIC WORKS FOR THE CITY OF SOUTH <br />BEND, INDIANA APPROVING THE MASTER EQUIPMENT LEASE -PURCHASE <br />AGREEMENT, THE ADDENDUM AND RELATED SCHEDULES WITH PNC <br />EQUIPMENT FINANCE, LLC <br />WHEREAS, the City of South Bend Board of Public Works ("Board") is the contracting <br />body for the City of South Bend, Indiana ("City") and the Board has the authority under the laws <br />of Indiana to purchase, acquire and lease property; and <br />WHEREAS, the Board have determined that a need exists for the purchase and <br />subsequent financing of certain property for the benefit of the City's operation; and <br />WHEREAS, in order to acquire such property, the Board has entered into a certain <br />Master Equipment Lease -Purchase Agreement, an Addendum and Related Schedules including <br />the Escrow Agreement with PNC Equipment Finance, LLC in the form attached and <br />incorporated hereto at Exhibit A; and <br />WHEREAS, time is of the essence in this matter. <br />NOW, THEREFORE, BE IT RESOLVED by the City of South Bend Board of Public <br />Works as follows: <br />1. The Master Equipment Lease -Purchase Agreement, the Addendum and Related <br />Schedules including the Escrow Agreement substantially in the form and <br />substance submitted as of this meeting with PNC Equipment Finance, LLC is <br />hereby approved. <br />2. The Board hereby authorizes John Murphy, in his capacity as Controller of the <br />City of South Bend, Indiana to act on behalf of the Board in executing any <br />documents to effect the intent of the Board in connection with the Master <br />Equipment Lease -Purchase Agreement with PNC Equipment Finance, LLC. <br />3. This Resolution shall be in full force and effect after its adoption by the City of <br />South Bend Board of Public Works. <br />ADOPTED at a meeting of the Board of Public Works of the City of South Bend, Indiana <br />held on June 14, 2016, at 1308 County -City Building, 227 West Jefferson Boulevard, South <br />Bend, Indiana 46601. <br />CITY OF SOUTII BEND <br />BOARD OF PUBLIC WORKS <br />s/ Gary A. Gilot <br />