HomeMy WebLinkAboutResolution No. 328-12 • RESOLUTION
BE IT RESOLVED by the Common Council of the City of Rochester that the Common
Council concurs in the resolution of the Rochester Public Utility Board appended hereto, which
resolution requests approval for the City to enter into a contract agreement with Key Government
Financing, Inc. for:
Capital Lease for Core Network Switch Replacement and Upgrade
The amount of the contract agreement is not to exceed $795,171.10 payable in annual
installments of$265,057.03.
The Mayor and the City Clerk are authorized and directed to execute said contract
agreement on behalf of the City.
PASSED AND ADOPTED BY THE COMMON COUNCIL OF THE CITY OF
ROCHESTER, MINNESOTA, THIS &7H DAY OF .Si , 2012.
ACTING P�REj�IDENT OF`SAID
COMMON`EOUNCIL
ATTEST:
CITY CLERK
APPROVED THIS DAY OF , 2012.
Y �
MAYOR OF SAID CITY
(Seal of the City of
Rochester, Minnesota)
res.pu\KeyGovFina n.2012.con