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RFSOLUTION NO. 1338 <br />WHEREAS, the City of Paris,Paris, Texas, did at its <br />regular Council Meeting on October 13, 1969, receive bids for <br />a Crawler Type Tractor pozer, and the best bid was made by <br />George P. Bane Company of Tyler, Texas, in the amount of <br />$37,773.00-for an Al1is-Chalmers Tractor HD-16, and the City <br />of Paris did elect to purchase optional equipment, which in- <br />cluded crank case guard, transmission guard and track roller <br />guard, the cost of which totalled $725.00, making a total pur- <br />chase price with optional equipment of $38,498.00; and, <br />WHEREAS, the terms of such purchase are a note drawn by <br />the City of Paris, payable to George P. Bane Company, Tyler, <br />Texas, in the amount of $38,498.00, bearing interest at the <br />rate of 6% per annum, such note due and payable on or before <br />July 1, 1970; and, <br />WHERFAS, it is to the best interest of the City of Paris <br />that said purchase be finalized and delivery taken immediately; <br />NOW, THEREFORE, <br />BE IT RESOLVED BY THE CITY COUNCIL OF TH E CITY OF PARIS, <br />PARIS, TEXAS, That the City Manager, C. L. Walker, be, and he <br />is hereby authorized to execute on behalf of the City of Paris <br />a note payable to George P. Bane Company, Tyler, Texas, in the <br />amount of $38,498.00, bearing interest at the rate of 6% per <br />annum, payable on or before July 1, 1970. <br />Passed and adopted this 30th day of October, 1969. <br />~ <br />R. A. Kennedy, Mayor <br />ATTEST : ~ <br />~ <br />C. Gre"ene, City Clerk <br />APP~VED AS-' O FORM : <br />, <br />T. K. Haynes, City Attorney <br />