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RESOLUTION NO. 2025-71
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
HUNTINGTON BEACH, AUTHORIZING THE EXECUTION
AND DELIVERY OF A LEASE AGREEMENT, AN ESCROW
AGREEMENT AND EQUIPMENT SCHEDULE
WHEREAS The City Council of the City of Huntington Beach (the "Lessee"), 4 body
politic and corporate duly organized and existing as a municipal corporation and Charter City of
the State of California, does hereby consent to the taking of the following actions by the Lessee
as of the date hereof;
The City Council desires to cause the Lessee and hereby authorizes the Lessee by the
laws of the State of California to purchase, acquire, and lease personal property for the benefit of
the Lessee and those it provides services to and to enter into contracts with respect thereto;
The City Council desires to cause Lessee to purchase, acquire and lease certain
equipment constituting personal property (the "Equipment") necessary for the Lessee to perform
essential governmental functions as deemed necessary and/or desirable by its Designated
Officers (defined below);
The City Council desires to cause Lessee to finance the Equipment an amount not,to
exceed $7,383,861 (the"Financed Amount"); •
In order to acquire such Equipment, the Lessee proposes to enter into one or more Lease
Purchase Agreements (together with the Equipment Schedules and all related exhibits, schedules,
and certificates attached thereto, the "Lease Agreements") with Metro Futures, Inc., a California
corporation (the "Lessor") for the Financed Amount secured in part by the Equipment, and one
Escrow Agreement (together the Disbursement/Payment Request Form and Acceptance
Certificate, the "Escrow Agreement") with the Lessor and an escrow agent (approved by Lessor),
the forms of which have been presented to the governing body of the Lessee at this meeting;
The governing body of the Lessee deems it for the benefit of the Lessee and for the
efficient and effective administration thereof to enter into the Transaction Documents for the
purchase, acquisition, and leasing of the Equipment to be therein described on the terms and
conditions therein provided;
NOW, THEREFORE, the City Council of the City of Huntington Beach hereby resolves
as follows:
SECTION 1. That the City Council hereby approves the form, terms and provisions of
the Transaction Documents in substantially the forms presented to the City Council on or about
the date hereof;
SECTION 2. That the governing body of the Lessee hereby authorizes and directs
Travis Hopkins, the City Manager of the Lessee, and such other persons as he/she/they may
RESOLUTION NO. 2025-71
delegate (the "Designated Officers"), and each of them individually, on behalf of the Lessee, to
execute and deliver the Transaction Documents
SECTION 3. That the execution of the Transaction Documents by any Designated
Officer shall constitute conclusive evidence of such officer's and the governing body's approval
of any such changes, insertions, revisions, corrections, or amendments to the Transaction
Documents;
SECTION 4. That the officers and employees of the Lessee shall take all action necessary
or reasonably required by the Transaction Documents to carry out, give effect to, and
consummate the transactions contemplated thereby and to take all action necessary in conformity
therewith;
SECTION 5. That the Designated Officers and all other officers and employees of the
Lessee are hereby directed and authorized to take and shall take all action necessary or
reasonably required in order to select, purchase, and take delivery of the Equipment;
SECTION 6. That Nothing contained in this Resolution or the Transaction Documents
shall be construed with respect to the Lessee as incurring a pecuniary liability or charge upon the
general credit of the Lessee or against its taxing power, nor shall the breach of any provision
contained in this Resolution or the Transaction Documents impose any pecuniary liability upon
the Lessee or any charge upon its general credit or against its taxing power, except to the extent
that the rental payments payable under the Transaction Documents are special limited obligations
of the Lessee as provided therein;
SECTION 7. That the Designated Officers are each hereby designated to act as
authorized representatives of the Lessee for purposes of the Transaction Documents until such
time as the governing body of the Lessee shall remove such designation;
SECTION 8. That any actions authorized pursuant to the authority given hereunder and
heretofore taken by the Lessee, or any Designated Officer on behalf of the Lessee, in connection
with the transactions contemplated by the foregoing resolutions be, and they hereby are,
approved, ratified and confirmed in all respects
SECTION 9. This Written Consent may be executed in multiple counterparts, and all
such executed counterparts shall constitute the same instrument.
SECTION 10. This Resolution shall take effect and be in full force immediately after its
adoption by the City Council.
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RESOLUTION NO. 2025-71
PASSED AND ADOPTED by the City Council of the City of Huntington Beach at a
regular meeting thereof held on the 18th day of November , 2025.
Mayor
REVIEWED AND APPROVED: APPROVED AS TO FORM:
p(AibeA.
City Manage ' �— .City Attorney
INITIATED AND APPROVED:
91JJcrector f Public Works
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Res. No. 2025-71
STATE OF CALIFORNIA
COUNTY OF ORANGE ) ss:
CITY OF HUNTINGTON BEACH )
I, LISA LANE BARNES, the duly elected, qualified City Clerk of the
City of Huntington Beach, and ex-officio Clerk of the City Council of said City, do
hereby certify that the whole number of members of the City Council of the City of
Huntington Beach is seven; that the foregoing resolution was passed and adopted
by the affirmative vote of at least a majority of all the members of said City Council
at a Regular meeting thereof held on November 18, 2025 by the following vote:
AYES: Twining, Kennedy, McKeon, Burns, Van Der Mark, Gruel, Williams
NOES: None
ABSENT: None
ABSTAIN: None.
444-
City Clerk and ex-officio Clerk of the
City Council of the City of
Huntington Beach, California