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HomeMy WebLinkAbout8018¸8 ORDI_NANCE NO. 801 AN ORDINANCE OF THE CITY COUNCIL OF TIlE CITY OF UKIAH APPROVING AND AUTHORIZING EXECUTION OF LEASE-PURCHASE AGREEMENT WITH TIlE REDWOOD EMPIRE FINANCING AUTIIORiTY The City Council of the City of Ukiah does ordain as follows: Section 1. That certain Lease-Purchase Agreement by and between the City of Ukiah and the Redwood Empire Financing Authority, dated as of December 1, 1982 (tile "Lease-Purchase Agreement") a copy of which is on file in the office of the City Clerk, is hereby approved, and the Mayor is hereby authorized and directed to execute the Lease-Purchase Agreement on behalf of the City, and the City Clerk is hereby authorized and directed to attest her signature and to affix the corporate seal of the City thereto. Section 2. The City Attorney and City Manager are hereby authorized to approve any changes to tile Lease-Purchase Agreement that hereafter become necessary in the interests of the City, which changes do not materially affect the substance of the Lease-Purchase Agreement or materially increase the obligations of the City under the Lease-Purchase Agreement, including, without limitation, the schedule of Lease Payments to be made by the City to the Authority, as shown on Exhibit A to the Lease-Purchase Agreement. SeCtion 3. This Ordinance shall be published once in the Ukiab Daily Journal, a newspaper of general circulation published in the City, · within fifteen (15) days after its passage, pursuant to Section 54242 of the Government Code. Section 4. This Ordinanee~is subject to referendum and shall therefore become effective upon the commencement of the 31st day after the day of its passage. Introduced in the City Council of the City of Ukiah on the 8th day of December, 1982 and passed and' adopted by the City Council on the 5th day of January, 1983 by the following roll call vote: AYES: Councilmembers Feibusch, Kelley, Hickey, Riley NOES: None ABSENT: Councilman Myers APPROVED: ATTEST: HA(f/~R ~ CITY CLERK I, Hattie Tillotson, City Clerk of the City of Ukiah, do hereby certify that the foregoing Ordinance No. 801 is a full, true and correct copy of an ordinance duly passed and approved by the City Council of said City and the same has been published according to law. CITY CLERK -