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ORD CC 12/09/75 - Backhoe LoaderORDINANCE NO. 75 -19 AN ORDINANCE BY THE CITY COUNCIL OF THE CITY OF HUNTSVILLE, TEXAS, CONFIRMING THE ACCEPTANCE OF CERTAIN BIDS FOR THE PURCHASE OF EQUIP- MENT AND DETERMINING A NECESSITY THAT PAYMENT OF A PORTION OF THE PURCHASE PRICE OF SUCH EQUIPMENT SHALL BE BY CERTIFICATE OF OBLIGA- TION, DETERMINING THAT NOTICE HAS BEEN PUBLISHED AS REQUIRED BY LAW THE INTENTION TO ISSUE SUCH CERTIFICATE OF OBLIGATION, AND OTHERWISE CONFIRMING AND AUTHORIZING THE METHOD OF PAYMENT FOR SUCH EQUIPMENT. WHEREAS, the City of Huntsville has heretofore advertised and accepted a bid for the purchase of a backhoe loader to be used in connection with City Water Departments operations; and, WHEREAS, the City Council of the City of Huntsville has heretofore officially determined that it would be in the best interest of the City to purchase said equipment and that same is necessary to provide for the public health and welfare; NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF HUNTSVILLE, TEXAS: Section 1: That the City of Huntsville confirms the acceptance of a bid submitted by the following named company as the successful bidder for the purchase by the said City of Huntsville of a backhoe loader as follows: DESCRIPTION OF VEHICLE SUCCESSFUL BIDDER John Deere 410 Backhoe Loader Heinz Equipment of Conroe, Texas AMOUNT OF BID $ 17,581.11 ection 2: That the City Council of the City of Huntsville determined that it would be in the best interest of the said City to pay the sum of $ 7,581.11 cash for such equipment, and the balance in the amount of $ 10,000.00 to be represented by an equipment acquisition certificate of obligation and that notice of such intention to issue such certificate of obligation has heretofore been published in the official newspaper in the City of Huntsville, Texas, the Huntsville Item, on November 23, 1975, and November 30, 1975, said dates being within the time and in the manners as required by law and that no objection or protest °has been filed in accordance with the law, that it would be in the best interest of the City of Huntsville for said City Council to pass legislation creating said certificate of obligation as an obligation of said City, for the purpose of paying the portion of the purchase price for said backhoe loader in the amount of $ 10,000.00. 00' PASSED on this the 9th day of December, 1975. ti r eSHl, CITY SECRETARY ED'AS TO O'u;. a }7/1T T ,No ORRIS I. WALLER, :MAYOR