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<br />RESOLUTION NO. 98-114 <br /> <br />WHEREAS, the City Council of the City of Paris did, at its regular meeting on the 26th <br />day of September, 1997, in Ordinance No. 98-047, authorize the purchase of a 1998 Boss 6541 <br />D truck mount on GMC Model HD3500 for the use in the Water/Sewer Department, and <br />thereafter did advertise for bids for furnishing said jet rodder equipment, which bids for such were <br />received until 3:00 p.m. Tuesday, the 24th day of March, 1998; and, <br /> <br />WHEREAS, the best bid for such purchase was made by Underground, Inc., of <br />Pearland, Texas, and it was awarded the bid for such equipment; and, <br /> <br />WHEREAS, the form of Lease Purchase Financing Proposal No. 29265 with Associates <br />Commercial Corporation for the purchase of a 1998 Boss 6541 D truck mount on GMC Model <br />HD3500, attached hereto as Exhibit A, should in all things, be approved, and the City Manager, <br />Michael E. Malone, should be authorized to execute the same; NOW, THEREFORE, <br /> <br />BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PARIS, that the <br />form of the Equipment Lease Purchase Agreement with Associates Commercial Corporation, <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 Financing Proposal No. 29265, upon the terms and conditions and in the form <br />shown in Exhibit A, attached hereto, with Associates Commercial Corporation, financing the <br />purchase of a 1998 Boss 6541 D truck mount on GMC Model HD-3500. <br /> <br />PASSED AND ADOPTED this 10th day of August, 1998. <br /> <br />~ <br /> <br />Charles H. Neeley, Mayor <br /> <br /> <br />ATTEST: <br /> <br />~. <br />~~j~~ ~ <br />Mattie Cunningham, City Cle <br /> <br />APPROVED AS TO FORM: <br /> <br />~~.7 <br /> <br />Scott Foster, City Attorney <br /> <br />