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