2000-171-RES APPROVING THE PURCHASE OF ONE NEW TYMCO
RESOLUTION NO. 2000-] 71
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PARIS,
PARIS, TEXAS, APPROVING THE PURCHASE OF ONE NEW TYMCO
MODEL 600 REGENERATIVE AIR SWEEPER (TRUCK MOUNTED)
THROUGH THE HOUSTON-GALVESTON AREA COUNCIL OF
GOVERNMENTS; APPROVING A LEASE PURCHASE FINANCING
PROPOSAL FROM TYMCO; AUTHORIZING THE EXECUTION OF A
LEASE PURCHASE AGREEMENT; MAKING OTHER FINDINGS AND
PROVISIONS RELATED TO THE SUBJECT; AND PROVIDING AN
EFFECTIVE DATE.
WHEREAS, the City Council has been a member of the Cooperative Purchasing Program
through the Houston-Galveston Area Council of Governments since October 1, 1990; and,
WHEREAS, it is deemed appropriate that the City of Paris purchase one new TYMCO
Model 600 Regenerative Air Sweeper (truck mounted) from TYMCO for the Sanitation Division
of the Public Works Department, through said Houston-Galveston Area Council of Governments;
and,
WHEREAS, it is further deemed appropriate that the City Manager be authorized to execute
a Lease Purchase Agreement for said equipment for a total purchase price of $112,382.50, plus
interest at the rate of 6.15% and costs, through TYMCO; NOW, THEREFORE,
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PARIS, PARIS,
TEXAS:
Section 1. That the findings set out in the preamble to this resolution are hereby in all things
approved.
Section 2. That the City Manager be, and he is hereby, authorized and directed to execute,
on behalf of the City of Paris, a Lease Purchase Agreement with TYMCO, upon such terms and
conditions as contained therein, at the price of $112,382,50, plus interest at the rate of 6.15% and
costs, financing the purchase of one new TYMCO Model 600 Regenerative Air Sweeper (truck
mounted) from TYMCO, for the Sanitation Division ofthe Public Works Department, through the
Houston-Galveston Area Council of Governments,
Section 3. That the City Manager, City Attorney, Finance Director, or other appropriate City
official shall be, and they are hereby, authorized and directed to execute any and all other necessary
documents related to the transaction approved herein.
Section 4. That this resolution shall be effective from and after its date of passage.
PASSED AND APPROVED this lIth day of December, 2000.
ATTEST:
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Mattie Cunningham, City Clerk
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Michael J. Pfie er, yor