1000 RES COP ADVERTISED FOR BIDSRESOLUTION NO. 1000 a
WHEREAS, the City of Paris has heretofore advertised for bids for a
loader, to be used at the new Sanita.ry Land Fill; and,
WHEREAS, Browning-Ferrie Machinery Company, of Dallas, Texas, has
placed a net bid for one New IHC Model TD-15 Drott Loader, as per bid
specifications of Ma.rch 12, 1962, equipped with atandard bucket, less trade-
in, a net difference of $19, 995. 00; and,
WHEREAS, it has been determined by the City Council that said bid is
the lowest and best bid and the most advanta,geous bid for the City of Paas;
NOW, THEREFORE,
BE IT RESOLVED BY THE CITY GOUNCIL OF THE CITY OF PARIS,
TEXAS, Tha.t the City Manager, H. C. Kennemer, be, and he is hereby
authorized to trade in one used AC HD-7 loader, and pay the difference of
$19, 995. 00 for the loader bid by Browning-Ferris Machi.nery Company, to
be paid as follows: In addition to the trade-in allowance, the sum of $3, 995. 00
cash, upon delivery and accepta,nce of the above loader, and to execute condi-
tional sales contract and note for the sum of $16, 000.00, payable as follows:
$8, 000. 00, plus interest, due November 10, 1962, and $8, 000. 00, plus interest,
due November 10, 1963, said note to bear interest at the rate of 5°fo from date
of execution. That said sum of $19, 995. 00 be charged by the Gity Clerk to
Budget Account No. 404-Z-4.
Fassed and adopted this 15th day of Ma.rch, A. D. , 1962.
Mayor
AT :
~TESe,
City Clerk
APPROVED AS TO FORM:
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City Attorn . e
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