HomeMy WebLinkAboutResolution No. 96-C120RESOLUTION NO. 96–C120
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF AZUSA
DECLARING ITS INTENTION TO FINANCE THE CITY OF AZUSA
PUBLIC SAFETY CENTER AND LIBRARY SAFETY IMPROVEMENTS,
WAIVING FORMAL "SEALED" BIDDING PROCEDURES, AND
AWARDING THE FINANCING TO LASALLE NATIONAL BANK,
CHICAGO, ILLINOIS
WHEREAS, the City has prepared plans and specifications and intends to construct the
Azusa Public Safety Center and Library Safety Improvements Projects, and
WHEREAS, the City Council has directed the City staff to seek quotations for long-term
financing for these projects, which, it is expected, will not be funded until on or about October 1,
1996, and
WHEREAS, in order to proceed with the construction on a timely basis, it is necessary to
incur bona -fide project expenses in advance of the funding date,
NOW, THEREFORE, BE IT RESOLVED THAT THE CITY COUNCIL OF THE
CITY OF AZUSA DOES HEREBY FIND AS FOLLOWS:
Section 1. The City Council waives formal "sealed" bidding procedures and awards the
financing of the Azusa Public Safety Center and Library Safety Projects to LaSalle National Bank,
Chicago, Illinois, according to the terms of its August 12 proposal, and
Section 2. The City Council authorizes the Mayor, the City Council Members and the
City Staff to executed such affidavits, statements and documents that are necessary to effectuate the
financing, and
Section'). The City Council declares its intention to include in the financing, and seek
reimbursement for, such bona -fide project expenses as may be incurred between the effective date
of this Resolution and the date upon which the funding closes.
PASSED, APPROVED AND ADOPTED this 3rd day of September , 1996.
J. q=�—
MAYOR
I HEREBY CERTIFY that the foregoing Resolution No. 96–C120 was duly adopted by
the City Council of the City of Azusa, at a regular meeting thereof, held on the day of by the
following vote of the Council.
AYES: COUNCIL MEMBERS: HARDISON, MADRID, NARANJO, BEEBE, ALEXANDER
NOES: COUNCIL MEMBERS: NONE
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