1589<J
._
(REPLACED BY RES.1595
PASSED ON 2/12/91 .)
RESOLUTION NO.1589
A RESOLUTION AUTHORIZING THE CITY MANAGER TO SIGN
LEASE/PURCHASE AGREEMENTS WITH U. S.BANK
RECITALS:
1. It is desirable and important to the business success of the City of Moses Lake to lease personal
property consisting of equipment as set forth inthe 1991 Budget ofthe City of Moses Lake.
2. The City of Moses Lake desires,from time to time,to lease said personal property from U.S.Bank.
RESOLVED:
1. The Cityof Moses Lakefrom time to time shall lease from U.S. Bank personal property as set forth
in the 1991 Budget of the City of Moses Lake.
2. The CityManager is authorized to enter into agreements with U.S. Bank for the leasing of said
personal property upon such terms as may seem advisable to such officers, to execute agreements,
leases, applications for leases, and other documents in connection with or incidental to, any instru
ments executed hereunder to be in such form and with such terms and conditions as may be
agreed upon between them and said bank.
3. The City Manager is also authorized to accept or direct delivery from said bank of any such property
leased hereunder.
4. The authority given hereunder should be deemed retroactive and any and all acts authorized hereun
der performed prior to the passage of this resolution are hereby ratified and affirmed.
Adopted by the City Council on December 31, 1990.
REPLACED BY RESOLUTION 1595 PASSED ON FEBRUARY 12 1991