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RESOLUTION 2015 -36R <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN <br />MARCOS, TEXAS, APPROVING THE ADDITION OF SCHEDULE NO. <br />003 TO THE MASTER LEASE PURCHASE AGREEMENT BETWEEN <br />THE CITY AND SANTANDER BANK, N.A. WHICH AUTHORIZES THE <br />LEASE /PURCHASE OF A MODEL 600 REGENERATIVE AIR <br />SWEEPER IN THE AMOUNT OF $201,590.00 INCLUSIVE OF <br />FINANCING COSTS AND THE LEASE /PURCHASE OF A 2014 VOGELE <br />VISION WHEEL PAVER IN THE AMOUNT OF $418,322.75 INCLUSIVE <br />OF FINANCING COSTS; AUTHORIZING THE CITY MANAGER OR <br />HIS DESIGNEE TO EXECUTE ALL APPROPRIATE DOCUMENTS <br />ASSOCIATED WITH THIS TRANSACTION; AND DECLARING AN <br />EFFECTIVE DATE. <br />BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SAN MARCOS, <br />TEXAS: <br />PART 1. The Master Lease Purchase Agreement (the "Agreement ") between the <br />City of San Marcos and Santander, Bank, N.A. (formerly Sovereign Bank, N.A.) approved by the <br />City on February 19, 2013 (Resolution 2013 -26R) is amended to add Schedule No. 003 which <br />authorizes the lease /purchase of a Model 600 Regenerative Air Sweeper in the amount of <br />$201,590.00 inclusive of financing costs and the lease /purchase of a 2014 Vogele Vision Wheel <br />Paver in the amount of $418,322.75 is approved. <br />PART 2. The City Manager or his designee is authorized to execute all appropriate <br />documents associated with this transaction on behalf of the City. <br />PART 3. This Resolution shall be in full force and effect immediately from and <br />after its passage. <br />ADOPTED this the 17th day of March, 2015. <br />aniel Gue <br />Mayor <br />Attest: <br />Jamie ee Pettij n, <br />City erk <br />