ORD 1981-13 - CO Two Half-Ton Pick-Ups• •
ORDINANCE NO. 81 -13
AN ORDINANCE APPROVING CLAIM AND DELIVERY OF CERTIFICATE
OF OBLIGATION; AND CONTAINING OTHER PROVISIONS RELATED
HERETO.
WHEREAS, the City Council of the City of Huntsville, Texas (City), by Ordinance
No. 80 -75, found that it was advisable for the City to purchase two (2)
one -half ton pickups and that a Certificate 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 as required by law; and
WHEREAS, the City awarded a contract to Moore Henry Motors, Inc. (Contractor)
in the amount of $14,968.32 as the lowest and best bid for the purchase
of two (2) one -half ton pickups; and
WHEREAS, the
of said
THEREFORE, BE
TEXAS, that:
City Council wishes to authorize payment thereof, and delivery
Certificate of Obligation:
IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF HUNTSVILLE,
Section 1: There is now due and owing to the Contractor the sum of $14,968.32.
Section 2: The Certificate of Obligation herein authorized to be delivered
shall bear interest at the rate of 9.5% 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 Certi-
ficate of the City of Huntsville, Texas, Equipment Acquisition Certificate
of Obligation dated December 17, 1980.
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, Texas, on this the 10th day of February, A. D. 1981.
MORRIS I. WALLER, Mayor
DE SHAW, City Secretary
APPROVED AS TO FORM:
SCOTT BOUNDS, City Attorney