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1965RESOLUTION NO.1965 A RESOLUTION AUTHORIZING THE CITY MANAGER TO SIGN LEASE/PURCHASE AGREEMENTS WITH GRANT NATIONAL BANK RECITALS: 1. It is desirable and important to the business success of the City of Moses Lake to lease personal property consisting of portable ice rink and hockey equipment. 2. The City of Moses Lake desires,from time to time, to lease said personal property from Grant v-^National Bank. RESOLVED: 1.The City of Moses Lake from time to time shall lease from Grant National Bank personal property as set forth in the 1996 budget of the City of Moses Lake as amended. 2.The City Manager is authorized to enter into agreements with Grant National 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 instruments executed hereunder to be in such form and with such terms and conditions as may be agreed upon between them and said firm. 3.The City Manager is also authorized to accept or direct delivery from said vendors 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 May 28,1996. ATTEST: Finance Director