Resolution 2014-047 - Laserfiche WebLink

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CITY OF NORTH OLMSTED RESOLUTION NO. 2014 - 47 BY: Mayor Kennedy A RESOLUTION A UTHORIZING THE MA YOR TO ENTER INTO A LEASE AGREEMENT WITH EVERBANK COMMERCIAL FINANCE FOR THE PURPOSE OFACQUIRING A JACOBSEN ECLIPSE 322 HYBRID GREENS MOWER FROM BAKER VEHICLE SYSTEMS, INC. AND DECLARING AN EMERGENCY. WHEREAS, Springvale is in need of a replacement greens mower for proper maintenance of the course; and WHEREAS, the Jacobsen Eclipse 322 Hybrid Greens Mower is available on a four (4) year lease at $9,310.45 per year, as calculated from a State Bid List price; and WHEREAS, it is the recommendation of the Mayor that the City enter into a lease with Everbank Commercial Finance to provide a Jacobsen Eclipse 322 Hybrid Greens Mower, at the terms and conditions set forth in a formalized Lease Agreement attached as Exhibit A, with only such terms therein as are not substantially adverse to the City and which are approved by the Mayor and the Director of Law; and WHEREAS, it is accordingly the desire of this Council, based upon the recommendation of the Mayor, to authorize the Mayor to enter into a lease with Everbank Commercial Finance to provide for the said equipment at said price. NOW THEREFORE, BE IT RESOL VED BY THE COUNCIL OF THE CITY OF NORTH OLMSTED, CUYAHOGA COUNTY, AND STATE OF OHIO: SECTION 1: That the Mayor be and he is hereby authorized to enter into a lease with Everbank Commercial Finance to supply the City with a Jacobsen Eclipse 322 Hybrid Greens Mower. Said lease shall not be substantially adverse to the City and shall include only financial terms consistent with the attached Exhibit A. SECTION 2: That this Resolution is hereby declared to be an emergency measure immediately necessary for the preservation of the public health, safety and welfare, and for the further reason that it is necessary for this legislation to go into effect immediately in order that the City replace aging and vital equipment required to maintain Springvale Golf Course during the summer months of 2014 when reliable equipment is essential to continued operations; and further provided it receives the affirmative vote of two - thirds of all members of Council, it shall take effect and be in force immediately upon its passage and approval by the Mayor.