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ORD 1993-29 - Claim - Deliver C.O. - Cab Chassis 09-21-1993ORDINANCE NO. 93 -29 AN ORDINANCE APPROVING CLAIM AND DELIVERY OF CERTIFICATES OF OBLIGATION FOR A 1993 CAB AND CHASSIS; AND CONTAINING OTHER PROVISIONS RELATED HERETO. WHEREAS the City Council of the City of Huntsville, Texas (City), by Ordinance No. 93- 11, found that it was advisable for the City to purchase a 1993 cab and chassis and that Certificates of Obligation be issued by the City for all or any part of the cost of same; and WHEREAS WHEREAS WHEREAS the notice for the action to issue Certificates of Obligation was published at the times and in the manner required by law; and the City awarded a contract to Knapp Chevrolet in the amount of $32,845 as the lowest and best bid for the purchase of the 1993 cab and chassis; and 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 Knapp Chevrolet the sum of $32,845. SECTION 2: The Certificate of Obligation herein authorized to be delivered shall bear interest at the rate of 4.96% per annum from date of initial delivery shown on the face of such certificate. SECTION 3: SECTION 4: There shall be executed and delivered to Knapp Chevrolet a City of Huntsville, Texas, Equipment Acquisition Certificate of Obligation, dated September 22, 1993. 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 21st day of September, 1993. ATTEST: Danna Welter, City Secretary APPROVED AS TO FORM: Sc City Attorney CITY OF HUNTSVILLE, TEXAS . Hodges, Mayor