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R2021-66 Golf Cart Lease Agreement Dated August 4, 2021RESOLUTION 2021-66 LEASE No. 008-0843032-102 Dated as of August 4, 2021 A RESOLUTION OF THE VILLAGE COUNCIL OF THE VILLAGE OF NORTH PALM BEACH, FLORIDA, AUTHORIZING THE NEGOTIATION, EXECUTION AND DELIVERY OF LEASE NO. 008-0843032-102 DATED AUGUST 4, 2021 (THE "LEASE") BETWEEN THE VILLAGE OF NORTH PALM BEACH, 501 U.S. HIGHWAY ONE (COUNTRY CLUB ADDRESS: 951 U.S. HIGHWAY ONE), NORTH PALM BEACH, FL 33408 AND THE HUNTINGTON NATIONAL BANK, 11100 WAYZATA BOULEVARD, SUITE 801, MINNETONKA, MN 55305 AND PRESCRIBING OTHER DETAILS IN CONNECTION THEREWITH; PROVIDING FOR CONFLICTS; AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, the Village of North Palm Beach (the "Lessee") is a municipal corporation and political subdivision duly organized and existing pursuant to the Constitution and laws of the State of Florida; and WHEREAS, Lessee is duly authorized by applicable law to acquire such items of personal property as are needed to carry out its governmental functions and to acquire such personal property by entering in lease -purchase agreements; and WHEREAS, Lessee hereby finds and determines that the execution of a Lease for the purpose of leasing with the option to purchase the property designated and set forth in the Lease is appropriate and necessary to the function and operations of the Lessee; and WHEREAS, The Huntington National Bank (the "Lessor") shall act as Lessor under said Lease; and WHEREAS, the Lease shall not constitute a general obligation indebtedness of the Lessee within the meaning of the Constitution and laws of the State. NOW, THEREFORE, BE IT RESOLVED BY THE VILLAGE COUNCIL OF NORTH PALM BEACH, FLORIDA as follows: Section 1. The foregoing recitals are hereby ratified and incorporated herein. Section 2. The Lease, in substantially the form as presently before the governing body of the Lessee, is hereby approved, and the Village Manager of the Lessee is hereby authorized to negotiate, enter into, execute, and deliver the Lease and related documents in substantially the form as presently before the governing body of the Lessee, with such changes therein as shall be approved by such officer, and which Lease will be available for public inspection at the offices of Lessee. Section 3. The Lessee shall, and the officers, agents and employees of the Lessee are hereby authorized and directed to take such further action and execute such other documents, certificates and instruments as may be necessary or desirable to carry out and comply with the intent of this Resolution, and to carry out, comply with and perform the duties of the Lessee with respect to the Lease. Section 4. The Lessee's obligations under the Lease shall be expressly subject to annual appropriation by Lessee; and such obligations under the Lease shall not constitute a general obligation of Lessee or indebtedness of Lessee within the meaning of the Constitution and laws of the State of Florida. Section 5. All other related contracts and agreements necessary and incidental to the Lease are hereby authorized, ratified and approved. Section 6. All resolutions or parts of resolutions in conflict herewith are hereby repealed to the extent of such conflict. Section 7. This Resolution shall take effect immediately upon adoption. PASSED AND ADOPTED THIS 12TH DAY OF AUGUST, 2021. (Village Seal) ATTEST: 0 VILLAG CLERK MAYOR 110 port of `tcf eThHuntn The Huntington National Bank CERTIFICATE OF INCUMBENCY LEASE NO. 008-0843032-102 DATED AS OF August 4, 2021 do hereby certify that I am the duly elected or appointed and acting Clerk/Secretary of Village of North Palm Beach (the "Lessee"), a political subdivision duly organized and existing under the laws of the State of Florida, and that, as of the date hereof, the individuals named below are the duty elected or appointed officers of the Lessee holding the offices set forth opposite their respective names. II NAME �� " &A,im D . Ll,I,,ICC�► K- 4r(til A am TITLE 1 IN WITNESS WHEREOF, I have duly executed thi DnORryA • Si FLORIDA NOTE: The Clerk or Secretary of the Lessee should sign t that rson u other Officer of the Lessee should execute this document. Ntuni_L— Incumbency v.01.12.11 454388 S 814,2021 1 1:2i AM this " day ofU �7_ __, 20. signor of the documents in which case the President or some