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HomeMy WebLinkAboutOrdinances Book 9, Page 887, No Ordinance NumberPage 887 AN ORDINANCE PROVIDING FOR THE LEASING OF 3000 FEN OF FIRE HOSE AND PROVIDING FOR AN OPTION TO PURCHASE SAME FRO] THE EUREi{A FIRE HOSE MANUFACTURING CO'IPANY, AND PROVIDING THE 1ANNFR OF PAYING SAID LEASING PRICE AND FOR T_IE EXECUTION OF . CONTRACT OF LEASING." ZMEREAS, in the year 1932, the Commissioner of Pub' Safety of the City of Paducah by a void undertaking, attempte to contract for the purchase of 3000 feet of fire hose from t] Eureka Fire Hose Mfg. Company in a manner contrary to lwa and which contract has never been lawfully executed or ratified by the City of Paducah, and F,HER AS, the said fire hose was attempted to be delivered to the fire department of the City of Paducah, and has been in use by said fire department wrongfully and without any right so to do, and the said City of Paducah having dlsclai.aed any interest, title, right or o,,:mership in said fire hose, and having disclaimed expressly to ratify, approve or carry out said alleged contract or undertaking attempted to be made between the Eureka Fire Hose I:lanufactur:ing Company and the Commissioner of Public Safety of the City of Paducah :in the year 1932; and the City of Paducah being now in need of such fire hose and being without funds with which to purchase same, and the Eureka Fire Hose 'Manufacturing Company desiring to afford the use of said fire hose 'to the City of Paducah on terms and conditions that have been mutually agreed to by certain representatives of the City of Paducah and certain representatives of the Eureka Fire Hose Manufacturing Company, and WHEREAS, it is deemed to be fair, e_uitable and just that the City of Paducah shall pay for the use of said fire hose the sum of Five Hundred (k500.00) Dollars per year for the period i of three (3) years, the first payment thereon to be made on or about the 15th day of July, 1934, or as soon thereafter as the contract carrying out the purpose of 'this Ordinance has been executed and delivered to the parties, and a like sum of Five Hundred (Sr500.00) Dollars on the 15th day of July, 1935, and a like sum of Five Hundred (;500.00) Dollars on the 15th day of July, 1935) and a like sum of Five Hundred (x'!'500.00) Dollars on the 15th day of July, 1936, - all of said payments being rental for the leasing and use of said fire hose so long as the City of Paducah shall keep and use the same pursuant to the terms of this Ordinance and the contract entered .into pursuant thereto; provided ho%,.ever, that upon the !payment of said Five (:3500.00) Page 888 Dollars on July 15th, 1936, or as soon thereafter as the same may be paid, it is agreed that the City of Paducah, may, by the payment of an additional One (,51.00) Dollar purchase and have and hold as its own thereafterwards without further charge, said 3000 feet of fire hose aforesaid. NOW, THEREFORE, BE IT ORDAINED BY THE BOARD OF COi.i„IISSIONERS OF THE CITY OF PADUCAH: SECTION 1. That pursuant to the terms and conditions of the Preamble aforesaid, the City Manager is hereby authorized and empowered to execute for and on behalf of the City of Paducah, a contract for the leasing of the 3000 feet of fire hose hereto- fore attempted to be delivered to the City of Paducah by the Eureka Fire Hose Manufacturing Company and referred to in the preamble, upon the following conditions: The said City of Paducah, upon the execution of said contract, but not earlier than the 15th day of July, 1934, shall pay to the.Eureka Fire Hose Manufacturing Company the sum of Five Hundred (4500.00) Dollars as a rental for said fire hose for the period of one year from the 15th day of July, 1934 to the 15th day of July, 1935; and the City of Paducah will on the 15th day of July, 1935, pay to the Eureka Fire Hose Manufacturing Company the sum of Five Hundred ($500.00) Dollars as rental for said fire hose for the period of one year from the 15th day of July 1935 to the 15th day of July, 1936; and the City of Paducah will on the 15th day of July, 1936, pay to the Eureka Fire Hose Alanufacturing Company as rental for said fire hose for an additional year the sum of Five Hundred (4500.00) Dollars, malting the total rental for said t_ -see (3) years Five Hundred Dollars each, and Upon the payment of said third annual rental, the City of Paducah, shall have the option to purchase said fire hose by the payment of One (451.00) to the said Eureka Fire Hose Manufacturing Company, which it may pay or tender with said third annual I nstal1rient of rent. It is determined, found and declared by the Board of Commissioners that the amount of Five Hundred (4.500.00) Dollars per year is a fair, just and equitable rental to be paid for the use of said fire hose, and it is agreed by the Eureka Fire Hose i•:Ianufactur:ing Company,' that upon the payment of said rentals for the _period of three (3) years as herein provided, it will accept One (1;1.00)• Dollar in full satisfaction of t-te purchase price of said fire hose, and the same shall thereupon be and become the property of the City of Paducah, if it sl-lall so elect to pay One (:;;1.00) Dollar Page 889 therefor; otherwise :it shall be, remain and continue the property of the Eurcka Fire Hose Manufacturing Company. SECTION P. This Ordinance shall be.in full force and effect from and after its adoption. SECTION 3. This Ordinance shall be construed as provided for the use and for the leasing from year to year preceeding the right to exercise said option, and the City of Paducah shall at no time be held bound or liable for more than the annual rental for the current year for said fire hose. The keeping, retaining and using of said fire hose after the adoption of this Ordinance and the execution of contract hereunder shall be sufficient indication and evidence of the purpose on the part of the City of Paducah to continue to carry out and abide by said contract from year to year as herein provided. Signed Ma or Passed by the Board of Commissioners, June 'Vrla 1954. Recorded by Rudy Stewart, Clerk June '6`` 1934. - 3�