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846
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<br />RESOLUTION NO.97-022
<br />WHEREAS, the City Council of the City of Paris did, at its regular meeting on
<br />September 9, 1996, in Ordinance No. 96 -047, authorize the purchase of a 1997 4 -wheel
<br />drive tractor with hydraulic side - mounted 6 foot shredder for use in the Street Division of
<br />the Public Works Department, and thereafter did advertise for bids for furnishing said 4-
<br />wheel drive tractor, which bids for such were received until 3:00 p.m., Tuesday, October
<br />29, 1996; and,
<br />WHEREAS, the best bid for such purchase was made by LaRue Ford Tractor,
<br />Paris, Texas, and it was awarded the bid for such equipment; and,
<br />WHEREAS, the form of Equipment Lease Purchase Agreement with Ford Motor
<br />Credit Company for the purchase of the 1997 4 -wheel drive tractor, attached hereto as
<br />Exhibit A, should, in all things, be approved and the City Manager, Michael E. Malone,
<br />should be authorized to execute the same; NOW, THEREFORE,
<br />BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PARIS, that
<br />the form of the Equipment Lease Purchase Agreement with Ford Motor Credit Company,
<br />attached hereto as Exhibit A, be, and the same is hereby, approved; and,
<br />BE IT FURTHER RESOLVED, that the City Manager of the City of Paris,
<br />Michael E. Malone, be, and he is hereby, authorized and directed to execute, on behalf of
<br />the City of Paris, the Equipment Lease Purchase Agreement, upon the terms and conditions
<br />and in the form shown in Exhibit A, attached hereto, with Ford Motor Credit Company,
<br />financing the purchase of one Ford New Holland 5030 Tractor with Terrain King Versa
<br />Mower, (S.N.05506313) with 04311.
<br />PASSED AND ADOPTED this 10th day of March, 1997.
<br />Eric S. Clifford, Mayor
<br />ATTEST:
<br />Mattie Cunningham, City Cle
<br />APPROVED AS TO FORM:
<br />T. K. Haynes, City Attorney
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