HomeMy WebLinkAboutRES 1991-19 - Board RESOLUTION NO. 9119
OF THE
TRUCKEE DONNER PUBLIC UTILITY DISTRICT
APPROVING EXECUTION OF MUNICIPAL LEASE AND
OPTION AGREEMENT WITH LASALLE NATIONAL BANK
WHEREAS, the District has previously determined that there is a need for a new line truck
and a new utility truck, and the District has, after competitive bidding, awarded contracts
for the purchase of such vehicles; and
WHEREAS, the District has determined that it is advantageous to finance the purchase
of such vehicles through entry into a Municipal Lease and Option Agreement with LaSalle
National Bank.
NOW, THEREFORE, BE IT RESOLVED by the Board of Directors of the Truckee Donner
Public Utility District that the terms of the Municipal Lease and Option Agreement, a copy
of which is attached hereto as Exhibit A and incorporated herein by reference, are in the
best interests of the District for the acquisition of the vehicles, and the General Manager
of the District is hereby designated and confirmed as the appropriate person to execute
and deliver the Municipal Lease and Option Agreement and any related documents
necessary to the consummation of the transactions contemplated by the Municipal Lease
and Option Agreement.
PASSED AND ADOPTED at a regular meeting of the Board of Directors of the Truckee
Donner Public Utility District duly called and held in said District on the 17th day of June,
1991 by the following roll call:
AYES: Aguera, Corbett, Curran, Maass, Sutton
NOES: None
ABSENT: None
TRUCKEE DONNER PUBLIC UTILITY DISTRICT
s
Jos" ph R. Ague, President
Attest:
Susan M. Craig, Deputy Distri Clerk
Attachment: Exhibit A
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