County Commissioner Resolutions - April 2005 (2)RESOLUTZON 2005-�.
RESOLUTION OF THE BOARD OF COUNTY COMMISSIONERS
OF GIBSON COUNTY, INDIANA
WHEREAS, in
5-22-2 bids for
A were approved;
accordance with the provisions of Indiana Code
the purchase of the Equipment listed on Exhibit
WHEREAS, the assignment of such bids to the Indiana Bond
Bank in accordance with the provision of Indiana Code 5-1.5 is
in the best interest of the Board of County Commissioners of
Gibson County, Indiana; and
WHEREAS, this Board of County Commissioners of Gibson
County, Indiana has examined the proposed master equipment lease
agreement between the Board of County Commissioners of Gibson
County, Indiana and the Indiana Bond Bank (the "Lease"_
presented in this meeting;
BE IT RESOLVED, that the equipment listed in Exhibit A are
hereby assigned to the Indiana Bond Bank and the proposed Lease
with the Indiana Bond Bank for the equipment specified in
Exhibit A, provides for a fair and reasonable rental for the use
and enjoyment of such equipment by the Board of County
Commissioners of Gibson County, Indiana, and the execution of
said Lease is necessary and wise.
BE IT RESOLVED, that the execution by the Board of County
Commissioners of Gibson County, Indiana and delivery to the Bond
Bank of the Lease in the form presented to this meeting
including any and all lease supplements thereto with respect to
the leasing of the equipment authorized by this Board, are
hereby authorized and approved, together with such changes in
such Lease or lease supplements as may be approved as necessary
or appropriate by the Gibson County Commissioners of Gibson
County, Indiana in order to carry out the transactions
authorized hereby, with the execution of the Lease or lease
supplements to constitute conclusive evidence of any such
approval.
BE IT FURTHER RESOLVED, that the Board of County
Commissioners of Gibson County, Indiana is authorized and
directed to initial and date a copy of the Lease together with
the lease supplement thereto and to place the same in the minute
book immediately following the minutes of this meeting, and said
Lease, together with any lease supplement thereto is made a part
of this resolution as fully as if the same were set forth
herein.
BE IT FURTHER RESOLVED, that the Board of County
Commissioners of Gibson County, Indiana is hereby authorized and
directed to execute the aforesaid Lease together with any lease
supplement thereto on behalf of the Board of County
i �a
A _,
Commissioners of Gibson County, Indiana together with any other
documents required thereunder, including but not limited to
Certificates of Acceptance, affidavits on behalf of the Board of
County Commissioners of Gibson County, Indiana, Uniform
Commercial Code financing statements and Internal Revenue
Service Forms 8038GC or 8038G.
AL OF WHICH IS RESOLVED this 19`h day of April, 2005.
BOARD OF COUNTY COMMISSIONERS
OF GIBSON COUNTY, INDIANA
/�i�i7'Y/ �/ � .
DON L. WHITEHEAD, President
LINDA K. HOOVER, Member
�.�- / - - �jI/ _ i �
/
ATTEST:
��1�
Mary Ke� ibs County Auditor
L:\LiB\70CS\34393\RES\:o3i60.DOC
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