ORD 1984-07 - CO Computer SoftwareORDINANCE NO. 84-7
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. 83 -28, found that it was advisable for the City to
purchase engineering computer hardware; 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 has awarded a contract to Hewlett- Packard Company in the
amount of $50,502.00 as the lowest and best bid for the purchase of
said engineering computer hardware; and
WHEREAS the City has accepted delivery of the engineering computer hard-
ware; and
- WHEREAS the City has arranged for said certificates to be assigned to
John Henry Niederhofer upon delivery; and
WHEREAS the 1982 Federal Tax Equity and Fiscal Responsibility Act now
requires that bonds be issued in registered forms as of July 1, 1983;
THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF HUNTSVILLE,
TEXAS, that:
Section 1:
Section
Section
Section
There is now due and owing to Hewlett- Packard Company the sum of
$50,502.00.
2: The Certificate of Obligation herein authorized to be delivered
shall bear interest at the rate of 8/10 per cent per annum from
date of initial delivery shown on the face of such certificates.
3: There shall be executed and delivered to said contractors
certificates of the City of Huntsville Equipment Acquisition
Certificates of Obligation, in registered form, and dated
August 16, 1983.
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 unanimou vote of the City Council of
the City of Huntsville, Texas, on this the day of February, 1984.
o
APPROVED AS TO FORM:
Scott und
s, City Attorney
William V. Nash, Mayor