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HomeMy WebLinkAboutOrdinances Book 9, Page 91, No Ordinance NumberPAGE 91 AN ORDINANCE PROVIDING FOR THE LEASING OF A GENERAL • SPECIAL 1000 GALLON METROPOLITAN TRIPLE COMBINATION PUMPING ENGIiTE, PUMP, BOOSTER & HOSE CA.R CO;:iPLETE, AND TAKING AN OPTION THEREON AND PROVIDING THE MAIINER OF PAYING SAID LEASING PRICE AND AUTI;ORIZING THE DELIVERY OF ONE JEFFREY DOUBLE COMBINATION HOSE AND CHEIrIICAL FIRE TRUCK, NO'rJ OUT OF COUMISSION, AS PART PAYi3rNT FOR SAID LEASING PRICE AND PROVIDING TERMS FOr A CONTINUATION OF SAID LEASE. WHEREAS, it has become necessary for the City of Paducah to install a one thousand (1000) gallon pumper in the Fire Department fully equipped for service, as required by the Actu](arial Bureau in order to properly protect the property of the City of Paducal;i from fire haza0d, and WHEREAS, there are no funds unappropriated for the current year out of which the full purchase price of said fire enipment could be purchased and paid for, and 1717 -REAS, the General Ianufacturing Company has agreed to lease to the City of Paducah a General Special 1000 Gallon Metropolitan Triple Combination Pumping Engine, Pump, Booster & Hose Car Complete, which is valued by it at Twelve Thousand (012,000.00) Dollars, and wb ich said General Manufacturing Company will lease to the City of Paducah for the delivery to it of one Jeffrey Double Combination Hose and Chemical Fire•Truck, which is now out of commission and cannot be used by the City, at an agreed valuation of Seventeen hundred and Fifty ($1750.00) Dollars, and the payment of One Tho•isand ($1000.00) Dollars in cash and will re- new said lease froli3 year to year so long as the city may desire to keep said equipment, by the pa:-in5 thereon the sum of Eighteen Hundred Fifty ($1850.00) Dollars per year with interest on such payments.from the date of delivery and acceptance of said pumper aforesaid, then said General Ilarufacturing Company v.ill, for the sum of One ($1.00) Dollar, convey the absolute title to said property to the City of Paducah, NOW, THEREFORE, BE IT ORDAINED BY THI. BOARD OF COYMISSIONLRS OF THE CITY OF PADUCAH, KENTUCKY: SECTION 1. That the Mayor is hereby authorized and empo';ered to sign a contract of lease and option with the General T.In ufacturing . Company for the leasing to the City of Paducah of a certain General Special•1000�Gallon Metropolitan Triple Combination Pumping Engine, Pump, Booster & Hose Car Complete, according to the proposal of the General Manufacturing Cw pany, vahereby it proposes to lease to the City of Paducah with the oprion to purchase said Fire equipment PAGE 92 aforesaid, by the paying of One Thousand (.1000.00) Dollars in cash and the delivery to the General Ilirnafacturing Company of one Jeffrey Double Combination Hose and Chemical Fire Truck at the agreed price of Seventeen Hundred and Fifty ($1750.00) Dollars; all of said payments to be credited against the opTion price of Twelve Thousand ($12,000.00) Dollars, and with privilege to the City of Paducah to continue said lease from year to year at its option, as provided in said proposal aforesaid, until the full amount of Twelve Thousand ($12,000.00) Dollars hasbeen paid to the General Manufacturing Company with legal interest thereon as provided in said proposal'. SECTION 2. Said proposal and contract shall not become binding upon the City of Paducah, nor will the city be in any:;ise obligated to pay the first installation or rental price or leasing price upon said property until after said pumper has been delivered to the City of Paducah and it has passed the twelve hour endurance test of the National Board of Fire Underwriters and to comply and satisfy all renuirements of the National Board of Fire Underwriters and the Kentucky Actuarial Bureau for pumping engines of one thousand (1000) gallon capacity; but upon complying with said requirements, said proposal, contract and lease shall be deemed to be in full force and effect, after same had been signed as required by the first section hereof. SECTION 3. On account of the fact that the classification of fire rates and risks has been withdrawn from the City of Paducah and will not be restored until the installation of said pumper in the Fire Department and the delay of waiting one week and ten days will result in heavy loss if said ordinance is permitted or required to, ay over said length of time for its pac•sage, an emergency is hereby declare' to exist and this ordinance shall be in full force and effect upon its passage by the Board of Commissioners. n Signed_ _ Passed by the Board of Commissioners Vlay 11th, 1928 Recorded by IIunt, Crossland,Clerk, May 12th,1928