HomeMy WebLinkAboutReso 2023-056 DocuSign Envelope ID: BC06EE7D-DOEO-4C6B-9B95-1 BDE00455D1 D
RESOLUTION NO. 2023-056
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
CHULA VISTA AUTHORIZING EXECUTION AND
DELIVERY OF A LEASE AGREEMENT AND APPROVING
RELATED DOCUMENTS AND ACTIONS
WHEREAS, the City of Chula Vista (the "City") desires to lease new golf carts and is
proceeding to finance the lease of said golf carts and related items (the "Property") as referenced
in the Lease Agreement(defined below); and
WHEREAS, in order to obtain the Property, the City has proposed to lease the Property
from The Huntington National Bank (the "Lessor") pursuant to the terms of a Lease Agreement
(the "Lease Agreement"), by and between the City, as lessee, and the Lessor; and
WHEREAS, the City is authorized to enter into lease agreements for equipment pursuant
to Sections 37350 and 37351 of the California Government Code; and
WHEREAS, the City Council of the City (the "City Council") wishes at this time to
authorize and approve all proceedings for the leasing of the Property, the Lease Agreement, and
all related documents and actions in furtherance of the public purposes of the City.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Chula Vista, as
follows:
SECTION 1. Recitals. The foregoing recitals are true and correct and the City Council so
finds and determines.
SECTION 2. Authorized Officers. The City Manager,Assistant City Manager, the Mayor,
or either of their designee(each, an"Authorized Officer")are hereby each, acting alone,authorized
and directed to execute and deliver the Lease Agreement and all related documents on behalf of
the City(subject to making such changes to the Lease Agreement or any related documents as they
deem necessary or appropriate). The Authorized Officers are further authorized and directed to
consummate the transaction described herein, execute any documents or supplementary
agreements necessary to secure possession and use of the Property, and to approve any
amendments necessary to carry out the provisions of this authorizing Resolution.
SECTION 3. Approval of Lease Agreement and Documents. The City Council hereby
approves the leasing plan outlined herein. To that end, the City Council hereby approves each of
the lease documents in substantially the respective forms as presented to the City Council at this
meeting, together with any changes therein or additions thereto deemed advisable by an
Authorized Officer, whose execution thereof shall be conclusive evidence of such approval. The
Lease Agreement, by and between the City, as lessee, and the Lessor, whereby the City leases the
Property under the terms thereof, and whereby the Lessor agrees to lease the Property to the City
in consideration of the payment by the City of the rental payments provided thereunder; provided
that (i) the total lease amount under the Lease Agreement shall not exceed $600,000, and (ii) the
term of the Lease Agreement shall not exceed 6 years.
DocuSign Envelope ID: BC06EE7D-DOEO-4C6B-9B95-1 BDE00455D1 D
Resolution No. 2023-056
Page No. 2
An Authorized Officer is authorized and directed for and in the name and on behalf of the
City to execute and attest the final form of the Lease Agreement and all related documents. The
documents are hereby approved, subject to the adjustment by an Authorized Officer but not excess
of the above limitations as to the lease term and total amount for the lease of the Property.
SECTION 4. Official Actions. The Authorized Officers are each authorized and directed
in the name and on behalf of the City to make, execute, and deliver any and all assignments,
certificates, requisitions, agreements, notices, consents, leases, designations relating to bank
qualification under Section 265(b)(3)(B) of the Internal Revenue Code of 1986, escrow
agreements, and other instruments of conveyance,warrants, and other documents (which may also
be subject to approval as to form by the City Attorney), which they or any of them might deem
necessary or appropriate in order to consummate any of the transactions contemplated by the
agreements and documents approved under this Resolution.
SECTION 5. Effective Date. This Resolution shall take effect from and immediately after
the date of its passage and adoption.
[SIGNATURES ON THE FOLLOWING PAGE]
DocuSign Envelope ID: BC06EE7D-DOEO-4C6B-9B95-1 BDE00455D1 D
Resolution No. 2023-056
Page No. 3
Presented by Approved as to form
DocuSigned by: DocuSigned by:
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2FC559998BD74C4... By: EFB949DC9B5747E...
Eric C. Crockett Jill D.S. Maland
Deputy City Manager/Director of Economic Lounsbery Ferguson Altona&Peak
Development Acting City Attorney
PASSED, APPROVED, and ADOPTED by the City Council of the City of Chula Vista,
California, this 16th day of May 2023 by the following vote:
AYES: Councilmembers: Cardenas, Chavez, Gonzalez, Preciado, and McCann
NAYS: Councilmembers: None
ABSENT: Councilmembers: None
DocuSigned by:
7804EC23B90B473...
John McCann, Mayor
ATTEST:
DocuSigned by:
4
3074D104EAF342E...
Kerry K. Bigelow, MMC, City Clerk
STATE OF CALIFORNIA )
COUNTY OF SAN DIEGO )
CITY OF CHULA VISTA )
I, Kerry K. Bigelow, City Clerk of Chula Vista, California, do hereby certify that the foregoing
Resolution No. 2023-056 was duly passed, approved, and adopted by the City Council at a regular
meeting of the Chula Vista City Council held on the 16th day of May 2023.
Executed this 16th day of May 2023.
EDocuSigned by:
1-,3074D104EAF342E
Kerry K. Bigelow, MMC, City Clerk