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<br />RESOLUTION NO. 98-115 <br /> <br />WHEREAS, the City Council has been a member of the Cooperative Purchasing <br />Program through the Houston-Galveston Area Council of Governments since October 1, 1990; <br />and, <br /> <br />WHEREAS, it is deemed appropriate for the City of Paris to purchase one (1) 1998 <br />TYMCO 600 BAH Regenerative Air Sweeper and one (1) 1998 GMC TF7B042 Cab and Chassis <br />for the Street Department, through said Houston-Galveston Area Council of Governments; and, <br /> <br />WHEREAS, it is further deemed appropriate that Michael E. Malone, City Manager <br />of the City of Paris, be authorized to execute a Lease Purchase Agreement in the form of Exhibit <br />A, attached hereto, for said equipment for a total purchase price of $103,310.30, through TYMCO <br />Equipment Leasing Company; NOW, THEREFORE, <br /> <br />BE IT RESOLVED BY THE CITY COUNCIL O~' THE CITY OF PARIS, that the <br />form of the Equipment Lease Purchase Agreement with TYMCO Equipment Leasing Company, <br />attached hereto as Exhibit A, be, and the same is hereby approved; and, <br /> <br />BE IT FURTHER RESOLVED, that the City Manager of the City of Paris, Michael <br />E. Malone, be, and he is hereby, authorized and directed to execute, on behalf of the City of Paris <br />the Lease Purchase Agreement, upon the terms and conditions and in the form shown in Exhibit <br />A, attached hereto, with TYMCO Equipment Leasing Company, financing the purchase of one <br />(1) 1998 TYMCO 600 BAH Regenerative Air Sweeper and one (1) 1998 GMC TF7B042 Cab and <br />Chassis for the Street Department, through the Houston-Galveston Area Council of Governments. <br /> <br />PASSED AND ADOPTED this 10th day of August, 1998. <br /> <br />ATTEST: <br /> <br /> <br /> <br />Mattie Cunningham, City Clef <br /> <br />APPROVED AS TO FORM: <br /> <br /> <br />cott Foster, City Attorney <br />