Loading...
HomeMy WebLinkAbout09-02 - Res. Lease Purchase Agreement for Procuring a Photo Imaging System RESOLUTION # A RESOLUTION REGARDIING A LEASE PURCHASE AGREEMENT FOR THE PURPOSE OF PROCURING A PHOTO IMAGING SYSTEM , WHEREAS, Mason County desires to enter into that certain Lease-Purchase Agreement dated as of January 7 , 2002, by and between Mason County and Government Capital Corporation, for the purpose of procuring a Photo Imaging System. The County desires to designate this Agreement as a " qualified tax exempt obligation" of the County for the purposes of Section 265 (b) (3 ) of the Internal Revenue Code of 1956 , as amended . The County desires to designate Steve Whybark, Sheriff, as an authorized signer of the Agreement. NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF THE MASON COUNTY : Section 1 . That the County enter into a Lease Purchase Agreement with Government Capital Corporation for the purpose of procuring a. Photo Imaging System. Section 2 . That the Lease Purchase Agreement dated as of January 7, 20021 , by and between the County and Government Capital Corporation is designated by the County as a " qualified tax exempt obligation" for the purposes of Section 265 (b) (3 ) of the Internal Revenue Code of 1956, as amended . Section 3 . That the County designates Steve Whybark, Sheriff, as an authorized signer of the Lease Purchase Agreement dated as of January 7, 2002 , by and between the Mason County and Government Capital Corporation . PASSED AND ,kPPROVED by the Board of the Mason County in a meeting held on the _ day of fe 2002 . CH TO SSIONE rA ATTEST : COMMISSIONER Signature Becky Ro Hers Printed -.14ame .Board Secretary Printed Title GENERAL MUNICIPAL LEAS&PURCHASE AGREEMENT 9