RES 2013-26 Adopted RESOLUTION NO. 2013-26
AUTHORIZING THE CITY ADMINISTRATOR TO ENTER INTO A CONTRACTUAL
ARRANGEMENT WITH TRANSIT LEASING, INC., A DELAWARE CORPORATION FOR
THE LEASING OF A FUEL POWERED TRANSIT BUS
WHEREAS, the City has, by Resolution No. 2013-25, authorized the purchase of a
2010 Van Hool A330L hydrogen fuel cell powered bus, identified by Vehicle Identification Number
VIN#YE2UF25B3A2064972; and
WHEREAS, there will be some delay in completing the purchase while awaiting
approval from the Federal Transportation Administration; and
WHEREAS, the purchase of the bus is from ClearEdge Power Corporation, a
Deleware corporation with Transit Leasing, Inc. being a subsidiary of ClearEdge Power Coporation;
and,
WHEREAS, Transit Leasing, Inc. has agreed to lease the bus, subject of the
purchase in Resolution No. 2013-25, to the City of North Augusta while the Purchase Agreement is
awaiting approval from the Federal Transportation Administration; and
WHEREAS, the City has determined that it is in the best interest of the City to enter
into this Lease Agreement to provide the City immeditate access and use of the bus with the usage
fee under said Lease Agreement for such limited period until the approval is received from the
Transportation Administration to be the amount of$1.00.
NOW THEREFORE, BE IT RESOLVED that the Mayor and City Council of the
City of North Augusta, South Carolina, in meeting duly assembled and by the authority thereof, that
the City lease from Transit Leasing, Inc. a 2010 Van Hool manufactured A330L hydrogen fuel cell
powered bus, identified by Vehicle Identification Number VIN #YE2UF25B3A2064972 for the
purchase price of $L00 in accordance with the terms and conditions of that Fuel Cell Lease
Agreement which is attached hereto and referred to by reference.
BE IT FURTHER RESOLVED that the City Administrator is hereby authorized to
take such steps as necessary to complete this purchase to include the execution of the Purchase
Agreement as referred to and any other documents necessary to complete the transaction.
BE IT FURTHER RESOLVED that the funds for such lease will come from the
Capital Projects Fund.
DONE, RATIFIED AND ADOPTED BY THE MAYOR AND CITY COUNCIL
OF THE CITY OF NORTH AUGUSTA, SOUTH CAROLINA, ON THIS 113j--- DAY OF
AUGUST, 2013.
Lark W. Jones,Mayor
ATTEST:
•
Donna B. Young, ity Clerk