2001-200-RES APPROVING PURCHASE OF MODEL YEAR 2002 4-WHEELED EXCAVATOR
RESOLUTION NO. 2001-200
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PARIS,
PARIS, TEXAS, APPROVING THE PURCHASE OF A MODEL YEAR 2002,
4-WHEELED EXCAVATOR FOR USE IN PARKS AND RIGHTS-OF-WAY
DIVISION OF THE PUBLIC WORKS DEPARTMENT; AUTHORIZING
THE EXECUTION OF A LEASE PURCHASE AGREEMENT AND ANY
AND ALL OTHER NECESSARY DOCUMENTS RELATED TO THE
TRANSACTION APPROVED HEREIN; MAKING OTHER FINDINGS AND
PROVISIONS RELATED TO THE SUBJECT; AND PROVIDING AN
EFFECTIVE DATE.
WHEREAS, the City Council of the City of Paris did heretofore, on the 12th day of
November, 2001. in Resolution No. 2001-181, authorize the advertisement for bids for one (1)
rnodel year 2002, 4-wheeled excavator for use in the Parks and Rights-of-Way Division of the
Public Works Department, said bids to be received unti13:00 p.m. on the 4th day of December,
2001; and,
WHEREAS, the best bid for said equiprnent was made by Four Seasons Equipment of
Dallas, Texas, and it should be awarded the bid for the same; 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$169,958.oo,
plus interest at the rate of 5.48% and costs; 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 upon such terms and conditions as
contained therein, at the price of $169,958.00, plus interest at the rate of 5.48% and costs,
financing the purchase of one (1) rnodel year 2002, 4-wheeled excavator for use in the Parks and
Rights-of-Way Division of the Public Works Department.
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 10th day of December, 2001.
ATTEST:
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Mattie Cunningham, City Clerk
APPROVED AS TO FORM:
ity Attorney
,