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Home My WebLink AboutOrdinances Book 10, Page 571, No Resolution NumberPage 57� A RESOLUTION AMENDING SECTION 3 OF A RESOLUTION ENTITLED: "A RESOLUTION AUTHORIZING AND EMPOWERING JAMES P. SMITH, CITY MANAGER, TO RECEIVE BIDS FOR THE LEASING OF CERTAIN FURNISHINGS, INCLUDING X-RAY EQUIPMENT, TO BE USED IN THE NEW RIVERSIDE HOSPITA ADDITION; PRESCRIBING THE TERMS FOR THE LEASING OF SAID PROPERTY WITH THE OPTION 'ID THE CITY TO BECOME THE PURCHASER UPON THE COMPLIANCE WI`(H CERTAIN CONDITIONS TO BE STATED IN IHE ADVERTISE- MENT FOR SAID BIDS; AND PRESCRIBING THE MANNER IN WHICH SAID BIDS SHALL BE RECEIVED", WHICH WAS ADOPTED BY THE BOARD OF COLv,,;ISSIONER ON SEPTEir3ER 9TH, 1941 BE IT RESOLVED BY THE BOARD OF COMMISSIONERS OF THE CITY .OF PADUCAH, KENTUCKY! SECTION 1. That Section 3 of a Resolution entitled: "A RESOLUTION AUTHORIZING AND EMPOWERING JAI ES P. Sli_ITH, CITY MANAGER, TO RECEIVE BIDS FOR THE LEASING OF CERTAIN FURNISHINGS, INCLUDING X-RAY EQUIPMENT, TO BE USED IN THE NEP'! RIVERSIDE HOSPITA. ADDITION; PRESCRIBING THE TERMS FOR 'RiE LEASING OF SAID PROPERTY WITH THE OPTION TO THE CITY TO BECOME THE PURCHASER UPON THE COMPLIANCE WITH CERTAIN CONDITIONS TO BE STATED IN THE ADVERTISEMFI FOR SAID BIDS; AND PRESCRIBING THE MANNER IN WHICH SIAD BIDS SHALL BE RECEIVED", which was adopted by the "oard of Commissioner, on September 9th, 1941, be amended so that said Section as amended shall r ead as follows: "Section 3- One-fourth (1/4) of the amount representing the total purchase price for said property qnd x-ray equipment shall be paid thirty (30) days after delivery; provided, however, no payment shall be made prior to January 15th, 1942 regardless of the date on which said property is delivered, and the remainder shall be paid in equal rental installments payable monthly thereafi over a period of eighteen (18) months provided the City renews its lease of said property and x-ray equipment as it will be authorized to do under a Lease, Contract and Option to be executed pursuant to the terms of an m dinance to be adopted by this Board, with the option of the City to become the purchaser after an amount equal to the total purchase price shall have been paid." Page 572 SECTION 2. This Resolution shall be in full force and effect from and after its adoption. i P.Iayor Passed by the Board of Commissioners, September 11th, 1941 Recorded by Rudy Steuart, City Clerk, September 12th, 1941.