R-59-00 06/12/00RESOLUTION ,
RESOLUTION AUTHORIZING EXECUTION OF A LEASE PURCHASE
AGREEMENT WITH SOUTH HOLLAND BANK FOR
THE PURPOSE OF PURCHASING VILLAGE VEHICLES
WHEREAS, the Village of Lemont seeks to purchase four (4) vehicles via a tax- exempt,
three year lease purchase; and
WHEREAS, proposals were solicited for lease purchase financing from local banking
institutions; and
WHEREAS, the proposal submitted by South Holland Bank most closely meets the
requirements of the Village of Lemont.
NOW, THEREFORE, BE IT RESOLVED that the lease purchase proposal submitted by
South Holland Bank is hereby approved.
PASSED AND APPROVED BY THE PRESIDENT AND BOARD OF TRUSTEES OF
THE VILLAGE OF LEMONT, COUNTIES OF COOK, WILL AND DU PAGE, ILLINOIS
ON THIS 12th day of June , 2000.
AYES NAYS PASSED ABSENT
John Benik V
Debby Blatzer ✓
Keith Latz ✓
Connie Markiewicz v
Richard Rimbo ✓
Mary Studebaker
Approved by me this 12th day of June , 2000.
Attest:
CHARLENE SMOLLEN, Village Clerk
Approved as to form:
Village Attorney
Date:
ARLENE SMOLLEN, Village Clerk
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A.;KWASN
ESKI, Mayor
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