ORD 1989-13 - Approving claim and delivery of CO's 06-06-1989ORDINANCE NO. 89-13
AN ORDINANCE APPROVING CLAIM AND DELIVERY OF
CERTIFICATES OF OBLIGATION; AND CONTAINING OTHER
PROVISIONS RELATED HERETO.
WHEREAS the City Council of the City of Huntsville, Texas (City), by
Ordinance No. 88-19, found that it was advisable for the City to
purchase a rear-loading garbage truck 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 said action was published at the times and in the
manner required by law; and
WHEREAS the City awarded a contract to John or Doris Niederhofer
(Contractor) in the amount of $52,985.00 as the lowest and best
bid for the purchase of said rear-loading garbage truck; and
WHEREAS the City Council wishes to authorize payment thereof and deliver
of certain of said Certificates of Obligation.
THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF HUNTSVILLE,
TEXAS, THAT:
Section 1: There is now due and owning to be the Contractor of the sum of
$52,985.00.
Section 2: The Certificates of Obligation herein authorized to be delivered
shall bear interest at the rate of 7.30% per annum from date of
initial delivery shown on the face of such certificate.
Section 3: There shall be executed and delivered to said Contractor a
certificate of the City of Huntsville, Texas, Equipment
Acquisition Certificate of Obligation, dated June 7, 1989.
Section 4: The Mayor, City Secretary and other appropriate City officials are
hereby authorized and directed to deliver said 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 6th day of June, 1989.
CITY 0 HUNTSVILLE, TEXAS
By:
J
Monday, Mayor
APPROVED AS TO FORM:
Scott Bo nds, City Attorney