01-15
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RESOLUTION NO. 01-15
A RESOLUTION OF THE CITY OF CLEARWATER,
FLORIDA ESTABLISHING ITS INTENT TO HAVE
THE FINANCIAL ADMINISTRATOR SIGN FOR ALL
DRAWS ON THE LEASE PURCHASE CONTRACT
WITH BANC OF AMERICA; PROVIDING AN
EFFECTIVE DATE.
WHEREAS, the City Commission of the City of Clearwater, Florida has
determined that the need exists to streamline the process of making draws on the lease
purchase contract with Banc of America; now, therefore,
BE IT RESOLVED BY THE CITY COMMISSION OF THE
CITY OF CLEARWATER, FLORIDA THAT:
Section 1. The City Commission hereby authorizes the City Manager the
authority to delegate to the Financial Services Administrator or his or her designee the
ability to execute documents on the Master Lease Purchase Agreement with Banc of
America from this time forward.
Section 2. This resolution shall take effect immediately upon adoption.
PASSED AND ADOPTED this 7th
day of June
,2001.
B~~~-
Mayor-Commissioner
Approved as to form:
Attest:
~f~~
ne C. Hayman
Assistant City Attorney
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Resolution No. 01-15