HomeMy WebLinkAbout77-51RESOLUTION
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RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF UKIAH AUTHORIZING MAYOR AND
CLERK TO SIGN TAXI PURCHASE AGREEMENT
WHEREAS, the City Council has budgeted for the purchase of
4 ilthe Ukiah Taxi Company and
WHEREAS, an agreement with the Mendocino Transit Authority
6 ii is effective for the operation of the system once purchased.
7~ii NOW, THEREFORE IT IS HEREBY RESOLVED that:
, 1976
The Mayor and Clerk are authorized to sign the purchase
agreement which thereby transfers ownership of the Ukiah Taxi
Company from L. Lucille Pacini to the City of Ukiah.
PASSED AND ADOPTED this -r~_ day of ~iovembe"
by the following roll call vote:
AYES: ([~o~'~'~'cj.?.~ ......... ~.~.~n I!~r-~'~ bust'~'~ , ~'~rannon ~ ~'~i~son ......~"<~'~:' ~'~",o ~
NOES: i.~o ~e
MAYOR
ABSENT:
ATTEST:
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AGREEMENT FOR SALE OF BUSINESS
Agreement dated this ~ day of /~D~_~z~~?/~ , 1976, at
Ukiah, California, between the City of Ukiah a municipal corpora-
tion as Buyer and L. Lucille Pacini, Ukiah Tax Company as Seller.
Sale of Business: Pursuant to the terms and conditions set
forth in this agreement, Seller agrees to sell to Buyer and Buyer
agrees to purchase from Seller all of Seller's assets and goodwill
existing at the closing of this sale. The assets to be sold under
this agreement shall, without limitation, include all assets and
property of Seller reflected 'in the attached inventory designated
Exhibit
Consideration from Buyer: As full payment for the transfer
of the assets and business by Seller to Buyer, Buyer shall deliver
a City of Ukiah warrant payable to the order of L. Lucille Pacini
in the amount of Twelve Thousand Dollars ($12,000.00).
Representations and Warranties By Seller: Seller represents
and warrants as follows:
(a) Ownership. Seller owns a taxi business known as the
Ukiah Taxi Company located at 154 Freitas Avenue, Ukiah, Cal
(b) Undisclosed Liabilities. Seller is not subject to any
material obligation or liabilities of any kind, absolute or con-
tingent, not disclosed' to Buyer.
(c) Title to Property. Seller has clear and unencumbered
title to all of the assets listed or reflected in Exhibit "A".
Ail assets and property of Seller are in the possession of Seller
and such assets are in good operating condition.
Covenant Not To Compete: Seller shall not at any time within
the Five (5) year period immediately following November 1, 1976
carry on, participate in, or have any interest in any business
similar to that now conducted and engaged in by Seller within
Mendocino County, California so long as Buyer or any successor of
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Buyer carries on a like business.
Accounts Receivable: Accounts receivable are not sold by
Seller and it is understood that Buyer is not purchasing any
accounts receivable.
Documents: Seller shall surrender to Buyer all necessary
documents' pertaining to the motor vehicles descripted in Exhibit
"A" including but not necessarily limited to pink slips and smog
certificates.
Bills of Sale: Execution of this agreement by Seller shall
constitute a bill of sale for all items listed or reflected by
Exhibit "A".
L. Lucille Pacini
dba Ukiah Taxi Company
L~ LUC~L~E PACiNi'
it~[ Ukiah
_. Corporation
ATTEST:
CITY CLERK ~ ~ - --'l
-2-
UKIAH TAXI COMPANY
INVENTORY
Cabs:
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Model
Serial Number
1964
1968
1969
Al1117522116
Al11178180631
583695706
1 Body and Chassis Shell
Radios:
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1. One (1) Base Radio
with microphone
2. Three (3) mobile
radios
Meters: Number
1. 7-5460
2. 1-3192
3. 6-4248
4. 1-3193
5. 1-3170
Office Equipment, Miscellaneous Equipment and Supplies:
Adding Machines:
1. Olivetti #331073
2. National #77H34969
Filing Cabinet:
1. Double Door- locking ~
2. Four drawer - locking
One (1) small safe - locking
One (1) James Remindo Clock
One (1) 6 inch card file - 24 inches long
One (1) safe and file drawer #4262
One (1) box Trip Sheets
One (1) Phone-Mate 400 telephone answering device
One (1) Large table
One (1) Small table
One (1) 21 inch fan
One (1) Dearborn gas heater
One (1) Kelvinator Refrigerator
One (1) Vinyl Couch - green
One (1) Work bench and chair
One (1) Floor jack
One (1) fire extinguisher '
Two (2) quarts Rodeo Yellow Paint
One (1) parts book for cars
Miscellaneous tools and parts
Gasoline - if any remaining in tank
EXHIBIT "A"