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HomeMy WebLinkAboutReso 737-1939 232 RESOLUTION OF A~ARD OF A LEASE CONTRACT FOR THE PURCHASE OF ONE 750 GALLON CAPACITY TRIPLE C~I~ATION PUMPING ENGINE FOR THE CITY OF SOUTH SAN FRANCISCO WHERE~ the city council of the City of South San Francisco did, in open session, on the 5th day of September, 19~9, publicly open, examine and declare all sealed proposals or bids for furnishing to said city one 750 gallon capacity triple combination pumping engine, ih accordance with the specifications adopted by said city council on the 14th day of August, 19~9, and now on file in the office of the city clerk; RESOLVED that said city council hereby reject all said proposals or bids, except that next hereinafter mentioned, and hereby awards the lease contract for furnishing the said pumping engine' to' Amerlcan-LaFrance-Foamite Corporation a corporation for the sume of Nine Thousand Four Hundred and Sixty-six and no/100 Dollars ($9488.00). The mayor of said city and the city clerk are hereby' authorized and directed, in the name of said City of South San Francisco and under its corporate seal, to enter into a lease contract with said American-La France Foamite Coproration in accordance with the provisions of this resolution. Such lease contract shall provide that said American La France-Foamite Corporation shall lease said pumping engine to said City of South San Francisco for a term of four (4) years at an annual rental, to be paid in advance, as follows: One Thousand Dollars ($1,000.00),' to be paid when the said pumping engine shall be delivered to said city; Two Thousand Eight Hundred Twenty-two Dollars ($2822.00) on the 2nd day of January in each of the years 1941, 1942, 1948. The deferred installn~ents of such annual rental shall bear interest at the rate of four (4) per cent per annum, payable annually at~ the times when said installments of said rental are payable. -O- O- O- O- O- O-~)- O- O- I hereby certify that the foregoing resolution was regularly introduced and adopted by the city council of the city of South San Francisco, this 18th day of October, 1939, by the following vote: Ayes, Councilmen Noes, Councilmen Absent, Councilmen (Seal) V. Boido, Rod Tibbetts, A. J. Eschelbach, D. W. Ratto Me Mtnucciani None None Attest: Daniel McSweeney City Clerk