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<br />RESOLUTION NO, 940.
<br />WHEREAS, the City Council of the City of Paris has heretofore
<br />authorized and directed the City Manager to advertise for bids for one
<br />Triple Combination Pumper Fire Truck; and,
<br />WHEREAS, said bids were advertised for and received at 7:00
<br />otclock P. M., on the l Oth day of October, 1960; and,
<br />WHEREAS, the City Council has investigated the bids through its
<br />committee, composed of Natha.n Bell, C. R. Brown, and Arthur Cawthon,
<br />and the committee having referred the matter back to the Council as a
<br />whole, and the Council having considered the bids; NOW, THEREFORE,
<br />BE IT RESOLVEI} BY THE CITY COUNCIL OF THE CITY OF
<br />PARIS, TEXAS, Tha,t the bid of Ward LaFrance Truck Corporation, of
<br />Ehnira Heights, New York, for One Model P750A-4 Triple Combination
<br />Pumper Fire Truck, which bid is in the amount of $22, 764.00, with a
<br />trade-in allowance of an old truck belonging to the City of Paris in the
<br />amount of $750. 00, or a tota,l net bid of $22, 014. 00, be declared the
<br />lowest and best bid, and that the same be and the same is hereby
<br />accepted, and the City Mana,ger, H. C. Kennemer, is hereby authorized
<br />to enter into the necessary orders and contract for the purcha.se of said
<br />triple combination pumper fire truck.
<br />BE IT FURTHER RESOLVED that the City Ma.na.ger be, and he is
<br />hereby authorized to pay, upon receipt and accepta.nce of said truck, the
<br />sum of $7, 014. 00, which would lea.ve a balance of $15, 000. 00 due, which
<br />is to be paid in two annua.l insta.llments, the first of which shall be due
<br />and payable one year after the date of such receipt and accepta,nce, in
<br />the amount of $7, 500. 00, and the second payable one year from the date
<br />of the first payment, in the principal sum of $7, 500. 00, which contract
<br />for the deferred balance sha,ll bear interest at the rate of not to exceed
<br />50/o, and tha.t the seller be requested to transfer such note and conditional
<br />sales contract to The Liberty National Bank in Paris, Texas, and that the
<br />City Ma,nager is hereby authorized to make the necessary arrangements
<br />for the transfer of said note and conditional sales contract to The
<br />Liberty National Bank in Pa.ris, Texas, and the financing thereof with
<br />said Bank.
<br />APP~ROVED AS TO FORM:
<br />a ~
<br />~ ! j :
<br />City Attor ey.
<br />Passed and adopted this 15th day of November, A. I?., 1960.
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