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1983-53 RESOLUTION NO. 83-53 RESOLUTION OF THE CITY COUNCIL OF THE . CITY OF GRAND TERRACE , SAN BERNARDINO COUNTY, CALIFORNIA, AWARDING CONTRACT FOR CONSTRUCTION OF THE CIVIC CENTER PROJECT TO LOWEST RESPONSIBLE BIDDER SUBJECT TO CERTAIN CONDITIONS WHEREAS , the City of Grand Terrace proposes to finance con- struction of certain public facilities generally described as follows: Construction of a civic center including appurtenances and appurtenant work and other costs and expenses incident thereto hereinafter collectively called "the Project" ; and WHEREAS , the City Council has determined that it is in the best interests and for the common benefits of the citizens of the City that the City finance construction of the Project by: ( i) leasing a site to Crocker National Bank (the "Bank" ) pursuant to 'a Site Lease; ( ii) causing the Project to be constructed on the Site from the proceeds of Certificates of Participation issued by Crocker National Bank; ( iii) conveying all right and title to the Project to the Bank, as Trustee for the Certificate Holders; and ( iv) entering into a Lease-Purchase Agreement relating to the lease-purchase of the Project and the lease-back of the Site for the term specified in the Lease-Purchase Agreement; and WHEREAS, the Bank will act as Trustee for and on behalf of the owners of the Certificates of Participation; and WHEREAS, the net proceeds from the sale of the Certificates of Participation will be disbursed by the Bank, at the discretion of the City Council, for the construction and equipping of the Project and other aspects of the transaction as set forth in the Lease-Purchase Agreement; and WHEREAS, pursuant to an Agency Agreement, the City shall act as the agent of the Bank for the purpose of the supervision and construction of the Project; and WHEREAS , the City Council has heretofore approved Plans and Specifications for construction of the Project and has publically advertised for and received bids for construction of the Project; NOW, THEREFORE, be it resolved by the City Council of the City of Grand Terrace as follows: Section 1. The above recitals are all true and correct. Section 2. The City Council hereby awards the contract(s) for construction of the Project to the lowest responsible bidder(s) as follows: Maveric Construction Corp . 299 South Waterman Avenue San Bernardino , CA 92402 and rejects all other bids. Section 3. The foregoing award shall be subject to issuance and delivery of Certificates of Participation to finance construc- tion of the Project. Section 4. The officers of the City are hereby authorized and directed to execute contracts for construction of the Project and to otherwise take all appropriate action in accordance with the bid documents. Section 5. This Resolution shall take effect upon adoption. 2. ADOPTED this loth day of November, 1983. /ATTEST: City, _ e o the City o r ayo a ty o ran race Terrace _ nd of the City Coun i1 and of the ity ounci1 .thereof. - ' -thereof: Approved as to form: Y City Attorney _. 3 STATE OF CALIFORNIA ) COUNTY OF SAN BERNARDINO ) ss. CITY OF GRAND TERRACE ) I, MYRNA ERWAY, City Clerk of the City of Grand Terrace, DO HEREBY CERTIFY that the foregoing Resolution was duly adopted by the City Council of said City at a regular meeting of the City Council held on the loth day of November, 1983, and that it was so adopted by the following vote: AYES: Councilmembers Rigley, Petta, Nix, Pfennighausen Mayor Grant. NOES: None. ABSENT: None. City C er of the City of Gra_ errace'. and of th City Council there E.-_ — - STATE OF CALIFORNIA ) COUNTY OF SAN BERNARDINO ) ss. CITY OF GRAND TERRACE ) I, MYRNA ERWAY, City Clerk of the City of Grand Terrace, DO HEREBY CERTIFY that the above and foregoing is a full , true, and correct copy of Resolution No. 83-53 of said City, and that the same has not been amended or repealed. DATED: November 14, 1983. City Cle ofthe City o . ,r'a a rracF and of the City Council thereof.