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HomeMy WebLinkAbout8068 - Century 101 Computer SystemRESOLUTION NO. 8068 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH AUTHORIZING THE EXECUTION OF A LEASE /PURCHASE AGREEMENT BETWEEN THE CITY OF NEWPORT BEACH AND THE BANK OF AMERICA NATIONAL TRUST & SAVINGS COMPANY FOR THE PURCHASE OF THE • CENTURY 101 COMPUTER SYSTEM WHEREAS, there has been presented to the City Council of the City of Newport Beach a certain lease /purchase agreement between the City of Newport Beach and the Bank of America National Trust & Savings Company for the purchase of the Century 101 Computer System; and WHEREAS, the City Council has considered; the terms and conditions of said agreement and found them to be fair and equitable; NOW, THEREFORE, BE IT RESOLVED that said lease /purchase agreement is approved, and the Mayor and City Clerk are hereby authorized and directed to execute the same on behalf of the City of Newport Beach. ADOPTED this 13th day of August , 1973. ATTEST: OAK- • CE IED AS THE O AL RY CLERK OF THE CITY OF.NE OAT REACH AUG 17 1973 ®AM dm 8/9/73