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RESO 1997-07 - Dump Truck Lease-PurchaseRESOLUTION NO. 97-07 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF HUNTSVILLE, TEXAS, REGARDING THE LEASE PURCHASE AGREEMENT FOR THE PURPOSE OF FINANCING AN 8 YARD DUMP TRUCK AND A 12 YARD DUMP TRUCK. WHEREAS The City of Huntsville desires to enter into that certain Lease Purchase Agreement dated June 4, 1997, between the City of Huntsville and Consolidated Financial Resources, Inc. for the purpose of financing an 8 yard dump truck and a 12 yard dump truck. The City of Huntsville desires to designate Gene Pipes, City Manager and Danna Welter, City Secretary, as authorized signers of this Agreement. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF HUNTSVILLE, TEXAS, THAT: SECTION 1: The City of Huntsville will enter into a Lease Purchase Agreement with Consolidated Financial Resources, Inc. for the purpose of financing an 8 yard dump truck and a 12 yard dump truck. SECTION 2: The City of Huntsville will designate Gene Pipes, City Manager, and Danna Welter, City Secretary, as authorized signers of the Lease Purchase Agreement dated as of June 4, 1997, by and between the City of Huntsville and Consolidated Financial Resources, Inc. PASSED AND APPROVED by the City Council of the City of Huntsville in a meeting held this 3rd day of June, 1997. ATT . T: Welter, City Secretary APP '7• VED 0 FORM: 1 4/ Scott BoWds, City Attorney CITY OF HUNTSVILLE William B. Green, Mayor