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RECITALS:
RESOLUTION NO.1739
A RESOLUTION AUTHORIZING THE CITY MANGER TO SIGN LEASE/
PURCHASE AGREEMENTS WITH BANC ONE LEASING CORPORATION
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 in the 1993 budget of the City of Moses Lake.
2. The City of Moses Lake desires, fromtime to time, to lease said personal property from Banc One
Leasing Corporation.
RESOLVED:
1.The Cityof Moses Lake fromtime to time shall lease from Banc One Leasing Corporation personal
property as set forth inthe 1993 budget of the City of Moses Lake.
2. The City Manager isauthorizedto enter intoagreements withBancOne Leasing Corporation 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 instruments 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 isalsoauthorizedto accept ordirectdelivery from said bank of any such property
leased hereunder.
4. The authority given hereunder should be deemed retroactive and any and all acts authorized
hereunder performed prior to the passage of this resolution are hereby ratified and affirmed.
Adopted by the City Council on March 9,1993.
ATTEST:
rinance Director