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ORD 1992-11 - Approving Claim & Delivery of C.O. - Chassis Cab For Fire Truck 07-14-1992ORDINANCE NO. 92 -11 AN ORDINANCE APPROVING CLAIM AND DELIVERY OF CERTIFICATES OF OBLIGATION FOR A CHASSIS CAB FOR A FIRE TRUCK; AND CONTAINING OTHER PROVISIONS RELATED HERETO. WHEREAS the City Council of the City of Huntsville, Texas (City), by Ordinance No. 92 -6, found that it was advisable for the City to purchase a 1992 chassis cab for a fire 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 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 Huntsville Chrysler- Plymouth -Dodge in the amount of $21,527.62 as the lowest and best bid for the purchase of the 1992 chassis cab for a fire truck; 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 Huntsville Chrysler- Plymouth -Dodge the sum of $21,527.62. SECTION 2: The Certificate of Obligation herein authorized to be delivered shall bear interest at the rate of 6.48% per annum from date of initial delivery shown on the face of such certificate. SECTION 3: There shall be executed and delivered to Huntsville Chrysler - Plymouth -Dodge a City of Huntsville, Texas, Equipment Acquisition Certificate of Obligation, dated April 28, 1992. 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 14th day of July, 1992. CITY OF HUNTSVILLE, TEXAS W. H. Hodges, ayor ATTEST: Mel / Byers, City Sec/ tary APP OVED AS TO FORM: c i t Bo • s, City Attorney