HomeMy WebLinkAboutRES 99-052 RESOLUTION NO.
BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF BEAUMONT:
THAT the City Manager be, and he is hereby authorized to execute a financing agreement
with Koch Financial Corporation for financing an upgrade to the City's IBM mainframe
computer at a rate of 4.63% for three (3) years with the first annual payment in arrears.
The total cost of the upgrade is $180,046.
,PASSED BY THE CITY COUNCIL of the City of Beaumont this the day of
-cam
' 1999.
- Mayor - f � �