Ordinance 2010-1584 - Laserfiche WebLink

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determined to be in the best interests of the City, provided the essential terms of such Equipment Lease are not altered. The Mayor and City Manager, or either of them, and City Clerk, acting on behalf of the Lessee, are hereby further authorized to negotiate, enter into, execute, and deliver such other documents relating to the Equipment Lease as the Mayor or City Manager, upon advice of counsel, deem necessary or appropriate. Section 2. The Lessee's obligations under the Equipment Lease shall be annually renewable by the Lessee and expressly subject to annual appropriation by the Council, and such obligations under the Equipment Lease shall not constitute a general obligation of the Lessee or indebtedness within the meaning of the Constitution and laws of the State of Colorado. Section 3. The Equipment Lease does not create a multiple fiscal year direct or indirect debt or other financial obligation and does not require voter approval in advance under Section 4(b) of Article X, Section 20 of the Colorado Constitution. Section 4. The Equipment Lease will not cause the Lessee to exceed its spending limits under Section 7, Article X, Section 20 of the Colorado Constitution. Section 5. All other related contracts and agreements necessary and incidental to the Equipment Lease are hereby authorized. Section 6. The provisions of this Ordinance shall take effect 30 days after publication following final adoption pursuant to Section 4 -9(b) of the Louisville home rule charter. Section 7. If any portion of this ordinance is held to be invalid for any reason, such decision shall not affect the validity of the remaining portions of this ordinance. The City Council hereby declares that it would have passed and approved this ordinance and each part hereof irrespective of the fact that any one part be declared invalid. Section 8. All other ordinances or portions thereof inconsistent or conflicting with this ordinance or any portion hereof are hereby repealed to the extent of such inconsistency or conflict. INTRODUCED, READ, PASSED ON FIRST READING, AND ORDERED PUBLISHED this 7th day of December, 2010. ..'.1,� ea"':1 r I arles L. Sisk, Mayor 4 V 444c 3 a e t a;4 '‘,..a Nancy Varr. City Clerk 2