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RESOLUTION NO. 83-19
RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF UKIAH AUTHORIZING FINANCING OF HANGARS
AT THE UKIAH MUNICIPAL AIRPORT
WHEREAS, the City of Ukiah wishes to purchase twenty (20) hangars
for the Ukiah Municipal Airport, and
WHEREAS, the City wishes to finance said hangars, and
WHEREAS, the Savings Bank of Mendocino County is willing to
finance same,
NOW, THEREFORE, BE IT RESOLVED that the City authorizes a lease
purchase agreement for twenty (20) portable hangars for a period of
seven (7) years to be contracted by Port-A-Port West in the amount
of $159,915.00 plus interest at 13%.
PASSED AND ADOPTED this 7th day of September, 1982, by the follow-
ing roll call vote:
AYES' Councilmembers Feibusch, Kelley, Hickey, Riley
NOES: None
ABSENT: Councilmember Myers
ATTEST:
City C1 erk