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RES-2017-010RESOLUTION NO. 2 017 - 010 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ANAHEIM APPROVING THE EQUIPMENT LEASE PURCHASE AGREEMENT WITH DE LAGS LANDEN PUBLIC FINANCE LLC AND ESCROW AGREEMENT WITH DE LAGE LANDEN PUBLIC FINANCE LLC TO PROCURE FROM PRICON INC. REPLACEMENT EQUIPMENT FOR CITY'S NETWORK CORE; AND AUTHORIZING THE FINANCE DIRECTOR. TO EXECUTE THE AGREEMENTS AND ANY RELATED DOCUMENTS AND TAKE SUCH ACTIONS AS NECESSARY TO IMPLEMENT AND ADMINISTER THE AGREEMENTS. WHEREAS, the City of Anaheim ("Anaheim") desires to enter into an Equipment Lease -Purchase Agreement with De Lage Landen Public Finance LLC and an Escrow agreement with De Lage Landen Public Finance LLC to procure from Pricon Inc. replacement equipment, support and project implementation services for the City of Anaheim's Network Core; and WHEREAS, the Anaheim City Council does hereby find and determine it is in the best interests of Anaheim to enter into these agreements. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Anaheim as follows: 1. The above recitals are true and correct and incorporated herein. 2. The City of Anaheim approves the Equipment Lease -Purchase Agreement ("Lease- Purchase Agreement") with De Lage Landen Public Finance LLC. 3. The City of Anaheim approves the Escrow Agreement ("Escrow Agreement") with De Lage Landen Public Finance LLC. 4. The Finance Director is hereby authorized to (a) execute the Lease -Purchase Agreement and the Escrow Agreement and related documents; and (b) take such actions as necessary to implement and administer these agreements, including, designating individuals to execute any document, except for the agreements. THE FOREGOING RESOLUTION is approved and adopted by the City Council of the City of Anaheim this 1 0thday of January , 2017 by the following roll call vote: AYES: Mayor Tait and Council Members Vanderbilt, Murray, Barnes, Moreno, Kring, and Faessel NOES: None ABSENT: None ABSTAINED: None CITY OF HEIM By Mayor of the City of Anaheim ATTEST: CITY CLERK OF THE CITY OFkANAHEIM 120479 2 CLERK'S CERTIFICATE STATE OF CALIFORNIA ) COUNTY OF ORANGE ) ss. CITY OF ANAHEIM ) I, LINDA ANDAL, City Clerk of the City of Anaheim, do hereby certify that the foregoing is the original Resolution No. 2017-010 adopted at a regular meeting provided by law, of the Anaheim City Council held on the 10th day of January, 2017, by the following vote of the members thereof: AYES: Mayor Tait and Council Members Vanderbilt, Murray, Barnes, Moreno, Kring, and Faessel NOES: None ABSTAIN: None ABSENT: None IN WITNESS WHEREOF, I have hereunto set my hand this 10th day of January, 2017. CITY CLERK OF THE CITY O ANAHEIM (SEAL)