HomeMy WebLinkAboutOrdinances Book 9, Page 944, No Resolution NumberPage 944
A RESOLUTION AUTHORIZING THE CITY MANAGER TO ENTER
INTO A CONTRACT OF LEASING WITH THE MEi:iPHIS TRACTOR COMPANY FOR
A CERTAIN MOTOR PROPELLED STREET EQUIPMENT.
BE IT RESOLVED BY THE BOARD OF COMIMISSIONERS OF THE
CITY OF PADUCAH, KENTUCKY:
SECTION 1.
That L. V. Bean, City Manager, be, and he is hereby
authorized and empowered to enter into a contract with the
Memphis Tractor Company by which he, the said City Manager, for
and on behalf of the City of Paducah, Kentucky may lease one
Allis Chalmers Speed Patrol Model #42 with Scarifier according
to descriptions, drawings and specifications which have been
furnished to the City of Paducah, and providing that the price
of said leasing shall not exceed One Thousand($ 1000.00)Dollars
for the year ending December 31st, 1935, to be paid within
%sixty (60) days after the delivery of said property. And
providing further that said lease may be renewed for the year
1936 by the payment of One Thousand one Hundred Sixty one
Land 80/100 (,116.1.80) Dollars on or before the date specified
in said contract, and providing further that said lease may be
renewed for the year 1937 by the payment of One Thousand One
Hundred Sixty-one & 81/100 ($1161.81) Dollars, on or before the
date specified in said contract, and providing further that upon
the termination of said lease, and after the City of Paducah has
j paid the rental for the use of said equipment for the years
ending with 1937, the City shall have the option to.purchase
said equipment and have it conveyed to it on the payment of
One (,1.00) Dollar.
SECTION 2.
The funds to take care of and pay the rental on said
property for the year 1935, having heretofore been appropriated
in he department of Public Works, this resolution shall be in
full force and effect from and after its o .
Signed/.r
Mayor
Passed by the Board of Commissioners, April"Iq-�' 1935.
Recorded by Rudy Stewart, Clerk April 36v` 1935.
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