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HomeMy WebLinkAboutR86-180142 RESOLUTION NO. R86-180 A RESOLUTION OF THE MAYOR AND CITY COUNCIL OF THE CITY OF PLAINVIEW, TEXAS AUTHORIZING THE MAYOR TO EXECUTE A MEMORANDUM OF AGREEMENT AND LEASE WITH THE PLAINVIEW CHAMBER OF COMMERCE. WHEREAS, it is recognized that the Plainview Chamber of Commerce provides services to the City of Plainview, including economic and promotional consulting services and the use of Chamber of Commerce facilities from time to time; WHEREAS, the Chamber of Commerce has demonstrated a need for word processing equipment and support materials; and WHEREAS, the City of Plainview owns certain word processing equipment and support materials; and WHEREAS, it is in the best interest of the City to enter into an agreement with the Chamber of Commerce concerning the leasing of said equipment: NOW, THEREFORE BE IT RESOLVED by the Mayor and the City Council of the City of Plainview, Texas that the Mayor is hereby authorized to enter into and execute a Memorandum of Agreement and Lease with the Chamber of Commerce concerning word processing equipment and support materials. PASSED AND APPROVED this the 28th.. day of October , 1986. ~HEkYL/Oh4~N/ City Cle STATE OF TEXAS COUNTY OF HALE MEMORAND%F~ OF AGREEMENT AND LEASE THIS MEMORANDUM OF AGREEMENT AND LEASE entered into by and between the CITY OF PLAINVIEW, hereafter called "CITY", acting by its Mayor, duly authorized by resolution adopted by the City Council, and the PLAINVIEW CHAMBER OF COMMERCE, hereafter called "CHAMBER" an organization acting herein by Jim Ferrell, Executive Vice-President, hereunto duly authorized by said Chamber, is to witness: That the City is the owner of the following described property, to-wit: QUANTITY 1 7 1 Box 1 1 1 1 MAKE IBM Displaywriter System IBM Manuals Diskettes IBM Workstation IBM Media Console IBM Printer Automatic Paper Feed That the City does hereby lease, NUMBER 6580 26 0067095 5218-A01 520 X-11-2044508 let and rent the above described office equipment to the Chamber for ten (10) years from the date hereof, with additional ten (10) year renewals automatically occurring as long as the Chamber remains an independent incorporated entity in Plainview and is not moved or transferred to or placed under the direction of any other organization within the community other than the City. As rental and as consideration to the City of Plainview for this lease, the Chamber agrees to pay an amount of one dollar ($1.00) each year on or before April 1, and pay any and all cost and expense of maintaining said office equipment, and pay all cost of any maintenance agreement contracts carried on said equipment. Also, -1- the Chamber will keep in force adequate insurance covereage on said equipment as to provide for its replacement. The Chamber fully agrees to protect and hold harmless the City from any and all claims or damagesin connection with the operation or use of the equipment. In the event the Chamber should fail or neglect to pay the insurance premiums, or violates any of the provisions of this lease, then the City shall have the right to declare this lease null and void, and possession of the office equipment and furniture leased hereby shall in such event be delivered to the City of Plainview. EXECUTED this 28th day of ~O~l.i, 1986 ii.' CITY OF PLAINVIEW E.Vo RIDLEHUBER, Mayor PLAINVIEW c~ER OF COMMERCE ~Ixe~ivM ~R~eLvLice President ATTEST: -~E~YL/OW~-, City Secretary -2- T]ii fli iT~