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HomeMy WebLinkAboutOrdinances Book 9, Page 437, No Ordinance NumberPage 437 AN ORDINANCE PPOVIDING FOR 7HF LEAFING OF A HUDSON SPORT MODEL COUPE AUTOMOBILE FOR 7HF USE OF 'I PF C11I17 OF THF FIRE Dl PARTI+II,:NT AND TAKING AN OPTION TFT"EVON AND P11OVIDING THE (MANNER OF PAYING SAID LEASING PRICE, AND AUTHORIZING THE DELIVERY ONE ONE STUDEBAKER AUTOMOBILE N071 IN USE BY THF CHIEF OF THF FIRE DEPARTIMENT AS PART PAY -U -1 -'NT FOR SAIL? LEASING PRICE AND PROVIDING FOR iHP PURCHASE OF SD.ID AUTO14OBILE. ".FHEREAS, it has become necessary for the City of Paducah to purchase or provide a nes- automobile for the use of the Chief of the Fire Department, and there are no sufficient unappropriated funds on hand for the current year out of -which the full purchase price of said automobile could be paid, and EPEAS, the Katterjohn-Melton Company have agreed to lease to the City of Paducah one new 11T4son Sport (Model Coupe for such purpose aforesaid, and which automobile is val ued at Fourteen Hundred Fifty-five ($1455.00) Dollars, and the said Itatterjohn-;Melton Company have agreed to take on the leasing or purchase price of said car, an old Studebaker car now in use by the Chief of: the Fire Department at the price of Three Hundred Fifty ($350.00) Dollars, and will convey said automobile to the City of Paducah by the pa -mens of Eleven Hundred and Five (s��1105.00) Dollars on or before the 15th day of February, 1930, and will immediately; I allow the City of Paducah to have the use of said car in its fire department as aforesaid, NUM, THEREFORE, BE IT ORDAINED BY THE BOARD OF COteh1IS IONERS OP THE CITY OF PADUCAH, KENTUCKY; SECTION 1. That the M-syor is h(,reby authorized and empowered to sign a contract or lease and option with the Kattcrjohn-(Melton Company for the leasing to the City of Paducah of a certain new. llu< son Sport Model Coupe of the agreed value of Fourteen Hundred Fifty-five ($1455.00) Dollars for use by the Chief of the Fire Department, by making a payment on said leasing contract by delivering to the said Katterjohn-Melton Company one old Studebaker automobile now in use by the Chief of the Fire Department at the agreed price of Three Hundred Fifty ($350.00) Dollars, and with provisions that tl^e City of Paducah may pay to the i said Katterjohn-Nelton Company the further sum of Eleven Hundred and Five (k1105.00) Dollars on or before the 15th of February, 1930 in full of the balance of the agreed valuation of said automobile, and that upon the payment thereof the legal title to said car shall vest absolutely in the City of Paducah. SECTION 2. On account of the fact that the Chief of the Fire Department is in great need of said new automobile at once and it is necessary that he be supplied with a car immediately, an emergency is Page 438 hereby declared to exist and this ordinance shell take effect from and after its passage. Signed Mayor Passed by the Board of Commissioners November 18, 1929 Recorded by Hunt Crossland, Clerk, November 19, 1929