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HomeMy WebLinkAboutR-1990-D5793 Surplus LightingRESOLUTION NO.D 5 7 9 3 A RESOLUTION declaring the Strand CCR600 dimmer bank, related dimmer modules, and cross -connect patch panel (Inventory No. 2112, 2113, and 2114) surplus and authorizing the transfer of ownership of such property from the City of Yakima to the Warehouse Theatre Company. WHEREAS, the City of Yakima owns a Strand CCR600 dimmer bank, related dimmer modules, and the cross -connect patch panel (Inventory No. 2112, 2113, and 2114) for which the City has no foreseeable use or future need and all of which are surplus to the City's needs; and WHEREAS, the City of Yakima has received information that the dimming and control system has little or no value, see attached Exhibits "A" and "B" which are incorporated herein as if fully set forth; and WHEREAS, the cost of removing said property from the Capitol Theatre would exceed the salvage value and/or fair market value of said equipment, see attached Exhibits "C" and "D" which are incorporated herein as if fully set forth; and WHEREAS, the City has received an offer to remove said equipment from its current location at the Capitol Theatre at no cost to the City except for the right of ownership by Warehouse Theatre Company; and WHEREAS, the City of Yakima will save money and expense by the Warehouse Theatre Company removing said equipment from the Capitol Theatre; now, therefore, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF YAKIMA: The City Manager of the City of Yakima is hereby autho- rized to dispose of said surplus property owned by the City by transferring ownership of said property to the Warehouse Theatre Company in consideration of the Warehouse Theatre Company removing said property from the Capitol Theatre at no cost to the City, and upon the Warehouse Theatre Company's agreement to pay for any damages or loss incurred to the City of CTC Corporation in removal of said equipment and to defend, (res/strand.jt) indemnify, and hold harmless the City of Yakima and the Capi- tol Theatre from any and all claims regarding removal of said equipment and transfer of said equipment to the Warehouse Theatre Company. This resolution shall not be valid until the Warehouse Theatre Company agrees to its terms and signs the acknowledge- ment below. ADOPTED BY THE CITY COUNCIL this °s -day of 1990. ATTEST: ACKNOWLEDGEMENT The WAREHOUSE THEATRE COMPANY hereby approves and accepts the terms and conditions of this resolution. WAREHOUSE THEATRE COMPANY By: 2 (res/strand.jt)