HomeMy WebLinkAboutORD 56-EEAN ORDINANCE
ENTITLED AN ORDINANCE AUTHORIZING THE CITY MANAGER
TO EXECUTE A CONTRACT WITH BEAUMONT MOTOR COMPANY
FOR THE PURCHASE OF A -CAB AND CHASSIS TRUCK FOR THE
FIRE DEPARTMENT; AND PROVIDING FOR THE LEVYING AND
COLLECTING OF THE TAX NECESSARY TO PAY THE INTEREST
AND CREATE A SINKING FUND TO PAY THE PRINCIPAL ON
THE PURCHASE PRICE. OF SAID TRUCK.
WHEREAS, on November 27, 1962, The City of Beaumont re-
ceived bids for furnishing a cab and -chassis truck for the Fire
Department upon which to mount a light plant; and,
WHEREAS., Beaumont Motor Company submitted a bid in the sum
of $2,646.98 for furnishing the said truck; and,
WHEREAS, the City Council is of the opinion that the bid
submitted by Beaumont Motor Company is the lowest and best bid and
should be accepted and contract entered into with said company for
said truck; and,
WHEREAS, the purchase price of the said truck will be paid
with a time warrant payable two (2) years after date of issuance
and bearing interest at the rate of 3% per annum, issued by The City
of Beaumont pursuant to authority granted by the Constitution and
Statutes of the State of Texas;
NOW', THEREFORE, BE IT ORDAINER BY THE CITY OF BEAUMONT,
TEXAS:
Section 1.
That.A. K. Steinheimer, City Manager, be, and he is hereby,
authorized to execute the contract with Beaumont Motor Company,
dated.December 1,; 1962, for furnishing a 1963 Chevrolet Cab and
Chassis Truck, Model No. C 6203, for the sum of $2,646.98.
Section 2.
That for the purpose of paying the interest on said purchase
price and to create a sinking fund to pay the principal on same, a
sufficient tax on each One Hundred ($100.00) Dollar valuation of all
taxable property in The City of Eeaumont, Texas, shall be annually
levied,on said property and annually assessed and collected and
applied to the purpose named.
PASSED by the City Council this l;lth day .of -December., A. D.
1962.
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