08-09-1949 Regular Meeting - Laserfiche WebLink

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321-a- Motion by Crate, second by Pfeiffer, authorizing the City Clerk to issue a purchase order to South Texas Equipment Co., Inc., in the amount of ~6~..8t~ for body for truck, as per specificatiams. Carried. Upon motion by Commissioner Jas. S. Crate, Jr., duly seconded by Mayor H. J. Pfeiffer, and carried by unanimous vote, the following Resolution was adopted: RESOLUI' ION "WHEREAS , it has been mad, a kn ova. t o the City C ounc i 1 of the City of I.~ Porte, Texas, that the La Porte Volunteer Fire Department is 3.n need of additional fire fighting equipment in the nature of an F5 Ford Truck, but lacks sufficient funds v:*ith t~rhich to make the necessary purchase; "AREAS, said Fire Department has agreed to maintain and operate such .additional equipment provided the City of La Porte will purchase such equipment to be used in the protection of property from fire within the City of La Porte and in the vicinity thereof in oases of emergency; "~'VHEREAS , opinion that public City but sufficient punches a thereof ; The City C ommi s s i an of the City of La Porte is of the necessity warrants the purchase of such equipment by the funds of the City are not available for the iirunediate "1. RESOLVED: THAT The City Clerk be authorized to issue the negotiable Hate of the City to be desigr,.ated 'Test Anticipation Note' for~the budget year of 1~.9; such note to be in the principal amount of Sic Hundred Dollars 0600.00); to bear interest at the rate of 5~ per oent per annum; interest payable at maturity; said note to be due and payable on or before ninety (90) days from and after the date of issuance and to be secured by a chattel mortgage on one Ford F5 Fire Truck, bearir_g Engine No. 83Q15888; that said note and chattel mortgage in security thereof be sold by the Direc- tor of Finance to the First National Bank of La Porte, Texas, at not less than face value. When such note has been signed by the Director of Finance and de- livered to said Bank together with the duly executed chattel mortgage and a duly authent ieat ed copy of this res oluti on, the irdebted.nes s thereby evidenced shall be fully binding against the City, and the Director of Finance is hereby authorized to receive and receipt for in the name of the City the proceeds to be derived from such Town. PASSED on this the 9th day of August, 1~Ci.9, on first and final reading by 2 AYES-and 0 NOES. APPROVID by the Mayor and attested by the City Clerk on this day. Carried. Motion by Crate, second by Pfeiffer, that Ordinance A;o. 383, being L~