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04
City of Pleasanton
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1/29/2016 9:32:26 AM
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CITY CLERK
CITY CLERK - TYPE
AGENDA REPORT
DOCUMENT DATE
2/2/2016
DESTRUCT DATE
15Y
DOCUMENT NO
04
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ATTACHMENT 3 <br /> RESOLUTION NO. <br /> A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PLEASANTON, <br /> ATHORIZING THE CITY MANAGER TO EXECUTE A LEASE PURCHASE <br /> AGREEMENT WITH US BANCORP FOR GOLF COURSE MAINTENANCE <br /> EQUIPMENT <br /> WHEREAS, to assure that the Callippe Preserve Golf Course is operated as cost <br /> efficiently as possible, City staff, in cooperation with CourseCo, the course operator, regularly <br /> review equipment needs and replacement schedules and determine required inventory and <br /> replacement timing, and <br /> WHEREAS, to manage cash flow and the intergration of new equipment, equipment <br /> replacement occurs in regular phases with the last occurring in September 2011, and <br /> WHEREAS, staff is again recommending a five (5) year lease purchase agreement to <br /> acquire required equipment as it represents the best alternative of utilizing ongoing golf course <br /> revenues to cover equipment acquisition costs <br /> NOW, THEREFORE BE IT RESOLVED THAT THE CITY COUNCIL OF THE <br /> CITY OF PLEASANTON DOES RESOLVE, DECLARE, DETERMINE AND ORDER <br /> THE FOLLOWING: <br /> Sectuon 'I The City Manager is authorized to execute an Equipment Lease- <br /> Maintenance Equipment agreement with US Bancorp in the amount of $321,372 for Callippe <br /> Preserve Golf Course maintenance equipment <br /> Section 2 This resolution shall become effective immediately upon its passage and <br /> adoption <br /> PASSED, APPROVED AND ADOPTED by the City Council of the City of <br /> Pleasanton at a regular meeting held on February 2, 2016 <br /> I, Karen Diaz, City Clerk of the City of Pleasanton, California, certify that the foregoing <br /> resolution was adopted by the City Council at a regular meeting held on February 2nd, 2016 by <br /> the following vote <br /> Ayes <br /> Noes <br /> Absent <br /> Abstain <br /> Karen Diaz, City Clerk <br /> APPROVED AS TO FORM <br /> Julie Harryman, Interim City Attorney <br />
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