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I I /->q OCMIA Agenda Item No. { o. 2/t7 /88 TO: TRUSTEES - Oklahoma City Municipal Improvement Authority FROM: James D. Couch General Manager SUBJECT: The Trust requested and received proposals for sludge disposal service and for the operation and maintenance of three wastewater treatment plants. Consequently, the Trust entered into the "Wastewater Treatment Plant Agreement for Operation and Maintenance and Sludee Disposal Service between - Oklahoma Citv Municioal Improvement Authority ind Protessional Services Group, Inc. ('PSG")" Paragraph 3.4 of tle Agres:ment provides PSG shall purchase the vehicles and equipment -sei forth on Exhibit B of said Asreement for Fbur Hundred Thousand Dollars and No Cents ($400,000,!0), to be paid upon delivery of appropriate documents evidencing the transfer of title. The. Release provides for relinquishment and waiver of all rights and claims to the vehicles and equipment by the TruJt, Oklahoma City and the OCMFA The Joint Resolution is by and among the Trust, Oklahoma City, and the OCMFA provides and for the transfer of title and bills of sale for the e(uipment- to be sold under the Agreement. The Joint Resolution further authorizes the City Clerk to execute all documents necessary to evidence the transfer. Recommendation: Approve Release and Joint Resolution transferring title to certain equipment and vehicles pursuant to the Wastewater Treatment Plant Agreement with Professional Services Group, Inc. o& 'ames D. Couch General Manager CBK:kl Attachments JOINTRESOLUTION A JOINT RESOLUTION BY AND BETWEEN THE CTTY OF OKI..AHOMA CITY, THE OKI..AHOMA CITY MUNICIPAL IMPROVEMENT AUTHORITY AND OKI-AHOMA CITY MUNICIPAL FACILXTIES AUTHORITY AUTHORIZING THE SALE OF CERTAIN VEHICLES AND EQUIPMENT PURSUANT TO THE CONTRACT FOR OPERATION AND MAINTENANCE WTIH PROFESSIONAL SERVICES GROUP, tNC.; THE TRANSFER OF TITLE AND EXECUTION OF BILIS OF SALE FOR SAID VEHICLES AND EQUIPMENT; AND AUTHORIZING THE CITY CLERK TO EXECUTE THE TITLE TRANSFERS AND THE BILIS OFSALE. WIIEREAS, an agreement dated the twenty-ninth day of December, 1987, and known as the "Wastewater Treatment Plant Agreement for Operation and Maintenance and Sludge Disposal Services between Oklahoma City Municipal Improvement Authority and Professional Services Group, Inc.n (hereinafter also referred to as the 'Agreement') was executed by the aforementioned parties and The City of Oklahoma City; and WHEREAS, paragraph 3.4 of the Agreement provides that Professional Services Group, Inc. (hereinafter also referred to as 'PSG') shall purchase certain vehicles and equipment listed in Exhibit B of the Agreement (hereinafter referred to as the "Equipment") for Four Hundred Thousand Dollars and No Cents ($400,000.00), to be paid upon delivery of documents transferring title to PSG; and WHEREAS, certain of said Equipment is owned by The City of Oklahoma City (hereinafter also referred to as "Oklahoma Ciqa), the Oklahoma City Municipal Improvement Authority (hereinafter also referred to as "OCM[A") and the Oklahoma City Municipal Facilities Authority (hereinafter also referred to as "OCMFA');and is in the possession of The City of Oklahoma City. NOW THEREFORq BE mJOINTLY RESOLVED BY THE CITY OF OKLAHOMA CfTY, THE OKIAHOMA CITY MUMCIPAL IMPROVEMENT AUTHORITY AND THE OKI^AHOMA CITY MUNICIPAL FACILITIES AUTHORITY that the vehicles and equipment listed in Exhibit "Bn of the "Wastewater Treatment Plant Agreement for Operation and Maintenance and Sludge Disposal Services between Oklahoma City Municipal Inrprovement Authority and Professional Services Group, Inc.", which Agreement is hereby ratified by all parties bereto and incorporated herein by specific reference as though fully set forth, are sold and title transferred to the Professional Services Group, Inc. free and clear of arry and all liens and claims for and in exchange for the sum of Four Hundred Thousand Dollars and No Cens ($40,000.00) to be paid commensurate with the excantion of this Joint Resolution by the last party hereto and delivery to PSG of the appropriate documents evidencing the transfer oftitle. BE IT FURTHER JOINTLY RESOLVED BY THE CITY OF OKI.AI{OMA C[TY, THE OKI-AHOMA CITY MUNICIPAL IMPROVEMENT AUTI{ORITY, AND THE OKI-AHOMA CITY MUMCIPAL FACILITIES AUTI{ORITY that the title and all certificates and documentation necessary to transfer said same title to the Equipment together with any bill of sale required to evidence said transfer of the Equipment to Professional Services Croup, Inc. shall be executed by the City Clerk of rhe city of oklahoma city who is hereby authorized to execute the aforementioned documents on behalf of The City of Oklahoma City, the Oklahoma City Municipal Improvement Authority, and the Oklahoma City Municipal Facilities Authority. This Joint Resolution is ADoPTED and AppRovED by the council for The City of Oklahoma City this _ day of _ 19gg. THE CITY OF OKI.AHOMA CITY MAYOR ATTEST: (Seal) City Clerk This Joint Resolution is adopted and approved by the Trustees of the Oklahoma City Municipal Improvement Authority this _ day 1988. OKLAHOMA. CITY MUNICIPAL IMPROVEMENT AUTHORITY CHAIRMAN A'l'I'DST: (Seal) Secretary 2 This Joint Resolution is adopted and approved by the Trustees of the Oklahoma City Municipal Facilities Authority this _ day 1988. OKLAHOMA- CITY MUNICIPAL FACILMES AUTHORITY CHAIRMAN ATTEST: (Seal) Secretary APPRO\IED as to form and legality this _ day of 1988. -Assistant Municipal Counselor 3