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HomeMy WebLinkAboutRES 10-018 RESOLUTION NO. 10-018 WHEREAS, bids were received for a financing agreement for the purchase of six (6) autocars with automated side loaders and one (1) Pierce fire truck for use by the Solid Waste and Fire Departments; and, WHEREAS, Chase Equipment Leasing, Columbus, Ohio, submitted a bid for a five (5) year financing agreement with a fixed interest rate of 2.73%; and, WHEREAS, City Council is of the opinion that the bid submitted by Chase Equipment Leasing, Columbus, Ohio, should be accepted; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF BEAUMONT: THAT the bid submitted by Chase Equipment Leasing, Columbus, Ohio, for a five (5)year financing agreement with a fixed rate of 2.73% for a total amount of$2,468,143.59 for the purchase of six (6) autocars with automated side loaders and one (1) Pierce fire truck for use by the Solid Waste and Fire Departments be accepted by the City of Beaumont. PASSED BY THE CITY COUNCIL of the City of Beaumont this the 26th day of January, 2010. ���►������� 1 r � 1 it, � 10, Mayor Becky Ames - i X0