 | Board of Visitors minutes June 5, 1982 |  |
APPROVAL OF LEASE PURCHASE FINANCING FOR EQUIPMENT
The following resolution was adopted:
- WHEREAS, the University of Virginia did issue requests for proposal for lease purchase financing for equipment in the amount of $610,000; and
- WHEREAS Horner, Barksdale and Company has proposed the low interest rate of 11.625% among those firms submitting proposals;
- NOW THEREFORE BE IT RESOLVED by The Rector and Visitors
of the University of Virginia that the agreement with Horner, Barksdale,
and Company as contained in their June 1, 1982 proposal as amended and
executed by the University on June 3, 1982, is hereby approved and The Comptroller, or such University employee as he may authorize in writing, is authorized to effect closing of the Master Equipment Lease/Purchase Agreement on behalf of the Rector and Visitors of the University of Virginia and to sign on behalf of the University all documents needed for the closing.2171
| Board of Visitors minutes June 5, 1982 | |