HomeMy WebLinkAboutResolution No. 96-C1570 •
RESOLUTION NO. 96-C157
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
AZUSA WAIVING FORMAL SEALED BIDDING AND
AUTHORIZING ISSUANCE OF AN ORDER TO TIMOTHY E.
LONG, REAL ESTATE APPRAISER AND CONSULTANT, FOR
APPRAISAL OF CITY'S COLLATERAL IN FUNDING OF THE
AZUSA PUBLIC SAFETY CENTER
WHEREAS, Section 2-537 of the Azusa Municipal Code requires City purchases over the amount
of $5,000 to be awarded to the lowest responsible bidder after notice, and
WHEREAS, Section 2-536 of the Azusa Municipal Code allows the City Council to waive formal
"sealed" bidding upon finding that the process would be expedited by dispensing with them, and
WHEREAS, one of the requirements for obtaining the financing for the new Azusa Public Safety
Center is that the City must provide an appraisal of its collateral that conforms to FIRREA standards,
and
WHEREAS, time is of the essence in the financing of the new Azusa Public Safety Center inasmuch
as the transaction involves interest rates which may be subject to change at any time, and
WHEREAS, by soliciting telephone quotations from qualified appraisers, the City will clearly have
complied with the intent of Section 2-536 of the Azusa Municipal Code, even though formal
"sealed" bids will not have been solicited.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF AZUSA DOES HEREBY
FIND AS FOLLOWS:
Section 1. That the formal "sealed" bidding process is waived, and
Section 2. That a Purchase Order for the preparation of an appraisal of the City's
collateral necessary for the funding of the new Azusa Public Safety Center be placed
with the firm of Timothy E. Long of Modesto, California, for the sum of $6,000.
PASSED, APPROVED AND ADOPTED this 21st day of October 1996.
ti
MAYOR
I HEREBY CERTIFY that the foregoing Resolution No. 96-C157 was duly adopted by
the City Council of the City of Azusa, at a regular meeting thereof, held on the 21day of Oct.,
1996 by the following vote of the Council.
AYES: COUNCIL MEMBERS: HARDISON, MADRID, NARNAJO, BEEBE, ALEXANDER
NOES: COUNCIL MEMBERS: NONE
ABSENT: COUNCIL MEMBERS: NONE
CLERK