ORD 1994-17 - Claim and Delivery CO - Cab & Chassis 06-28-1994ORDINANCE NO. 94-17
AN ORDINANCE APPROVING CLAIM AND DELIVERY OF
CERTIFICATES OF OBLIGATION FOR A CAB AND CHASSIS FOR THE
ASPHALT DISTRIBUTOR; AND CONTAINING OTHER PROVISIONS
RELATED HERETO.
WHEREAS the City Council of the City of Huntsville, Texas (City), by Ordinance No. 93-
38, found that it was advisable for the City to purchase a cab and chassis for the
asphalt distributor and that Certificates of Obligation be issued by the City for all
or any part of the cost of same; and
WHEREAS the notice for the action to issue Certificates of Obligation was published at the
times and in the manner required by law; and
WHEREAS the City awarded a contract to Moore-Henry Motors in the amount of $31,722 as
the lowest and best bid for the purchase of the cab and chassis; and
WHEREAS the City Council wishes to authorize payment thereof and delivery of a Certificate
of Obligation.
THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF
HUNTSVILLE, TEXAS, that:
SECTION 1: There is now due and owing to Moore-Henry Motors the sum of $31,722.
SECTION 2: The Certificate of Obligation herein authorized to be delivered shall bear interest
at the rate of 6.95 % per annum from date of initial delivery shown on the face
of such certificate.
SECTION 3: There shall be executed and delivered to Moore-Henry Motors a City of
Huntsville, Texas, Equipment Acquisition Certificate of Obligation, dated June
29, 1994.
SECTION 4: The Mayor, City Secretary and other appropriate City officials are hereby
authorized and directed to deliver the Certificate and to do any and all things
necessary or convenient to carry out the terms of this ordinance.
INTRODUCED, READ AND PASSED by the unanimous vote of the City Council of the City
of Huntsville, on this the 28th day of June, 1994.
CITY OF HUNTSVILLE, TEXAS
Aar, -
W. H. Hodges, May
ATTEST:
Danna Welter, City Secretary
APPROVED AS TO FORM:
Scott Bou ds, City Attorney