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1338 RES COP AT ITS REGULAR COUNCIL MEETING ON OCTOBER 13 1969 RECEIVED BIDS FOR CRAWLER TYPE TRACTOR DOZERRFSOLUTION NO. 1338 WHEREAS, the City of Paris,Paris, Texas, did at its regular Council Meeting on October 13, 1969, receive bids for a Crawler Type Tractor pozer, and the best bid was made by George P. Bane Company of Tyler, Texas, in the amount of $37,773.00-for an Al1is-Chalmers Tractor HD-16, and the City of Paris did elect to purchase optional equipment, which in- cluded crank case guard, transmission guard and track roller guard, the cost of which totalled $725.00, making a total pur- chase price with optional equipment of $38,498.00; and, WHEREAS, the terms of such purchase are a note drawn by the City of Paris, payable to George P. Bane Company, Tyler, Texas, in the amount of $38,498.00, bearing interest at the rate of 6% per annum, such note due and payable on or before July 1, 1970; and, WHERFAS, it is to the best interest of the City of Paris that said purchase be finalized and delivery taken immediately; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF TH E CITY OF PARIS, PARIS, TEXAS, That the City Manager, C. L. Walker, be, and he is hereby authorized to execute on behalf of the City of Paris a note payable to George P. Bane Company, Tyler, Texas, in the amount of $38,498.00, bearing interest at the rate of 6% per annum, payable on or before July 1, 1970. Passed and adopted this 30th day of October, 1969. ~ R. A. Kennedy, Mayor ATTEST : ~ ~ C. Gre"ene, City Clerk APP~VED AS-' O FORM : , T. K. Haynes, City Attorney