File #: 150302    Version: 1 Name:
Type: Resolution Status: Adopted
File created: 9/15/2015 In control: City Council
On agenda: 9/21/2015 Final action: 9/21/2015
Title: Resolution - Authorizing Financing Contract - Motorola Communications Systems Upgrade City Council is requested to authorize the City Manager and Financial Services Director to accept the proposal for the installment financing contract with Whitney Bank, to authorize the borrowing as evidenced in the attached resolution, and to prepare and execute the necessary documents in connection with the financing agreement, contingent on the Local Government Commission’s approval.
Sponsors: Committee of the Whole
Attachments: 1. 5. Resolution - Motorola Upgrade Financing Contract, 2. Letter from LGC Receipt of Application (Public Safety Radio & Telecommunications).pdf, 3. Resolution - Motorola Financing.pdf, 4. Incumbency and Authorization Certificate (Whitney Bank- Motorola).pdf

Title

Resolution - Authorizing Financing Contract - Motorola Communications Systems Upgrade

City Council is requested to authorize the City Manager and Financial Services Director to accept the proposal for the installment financing contract with Whitney Bank, to authorize the borrowing as evidenced in the attached resolution, and to prepare and execute the necessary documents in connection with the financing agreement, contingent on the Local Government Commission’s approval.

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