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HomeMy WebLinkAboutMinutes Book 20, Page 311, July 24, 1940NO 311.�— Proceedings of Be-,,] of C,,,,,,1—d o,,ars City of Paducah July 24,_],9-40 At a call meeting of the Board of Commissioners hold in the Com- missionera Chamber at the City Hall, Paducah, Kentucky, at 11:50 o'clock A.M., on the 24th day of July, 1940, Mayor Lackey presided and upon call of the roll the following andwered to their names: Commissioners Baker, Blackburn, 2XXJaW Pulliam and Mayor Lackey (g). Mayor Lackey stated reason for call, to -wit: For the purpose of leasing fire equipment and transact any other business that may come properly before the meeting. Piro Equip - Mayor Lackey offered motion that the City of Paducah accept the =ent - offer offer of the Peter Pirsch & Sons Company to lease to it, subject to the hereinafter of Peter Pirsch & Son mentioned conditions, the following described property: accepted One (1) Model a5 - 750 gallon Triple Combination Pumping Engine, and one (1) Model 25 - 2ntermadiate Aerial Ladder Truck with 75 foot ladder with pump booster equipment and hose baskets. Said lease to contain the provision under which said property shall t leased to the City of Paducah until January 1st, 1941 in consideration of the payment of $3,000.00 in cash and the payment monthly during the remainder of the year 1940, the sum of $548.66, the first of said monthly payments to become due thirty days after delivery of said equipment and the testing and acceptance thereof by said city; and provided further that under said lease the seller grants unto said city the right and option to renew said lease on January 1st, 1991, and on January lst,of each yeah thereafter; and if said lease options shall be exercised as herein provided, said Leesor will agree to execute and deliver to the City of Paducah a bill of sale to said property upon the payment in cash and in rental installments the total aum of $22,752.08. And provided further, that the aforesaid bid shall not be accepted or become binding upon the parties hereto until the City of Paducah, by and through ital Board of Commissioners, has adopted an ordinance authorizing, the execution of the I aforesaid lease contract, and the Peter Pirsch & Sons Company executes a contract in conioraity with the provisions of said ordinance, and in form and substance satisfactory to the Corporation Counsel. Adopted on call of the roll: Yoaa; Commissioners Baker, lackburn, Pulliam and Mayor Lackey (4). On motion meeting adjourned. _ 1940 APPROVED:dab, L I L�:i7