HomeMy WebLinkAboutResolution No. 91-29 CITY OF THE COLONY, TEXAS
RESOLUTION NO. ~/'- ~
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF THE
COLONY, TEXAS AUTHORIZING THE CITY'S FINANCIAL ADVISOR,
BOND COUNSEL AND STAFF TO TAKE NECESSARY ACTION TO ISSUE
CONTRACTUAL OBLIGATIONS AND RESOLVING OTHER MATTERS
PERTAINING THERETO
WHEREAS, the City of The Colony, Texas (the "City") is
authorized pursuant to the Public Property Finance Act~ Sections
271.001 through 271.009, Texas Local Government. Code (the "Act") to
make payments under contracts with any person for the use,
acquisition or purchase of personal property as descri, bed in the
Act; and
WHEREAS, the City has determined that ~t is in the best
interests of the citizens of the City to issue contractual
obligations for the purpose of acquiring the personal property
described on Appendix A hereto (the "Property");
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF THE COLONY, TEXAS, THAT:
Section ] . The City's Financial Advisor, First Southwest
Company, the City's Bond Counsel, Hutchison, Boyle, Brooks and
Fisher, a Professional Corporation, and appropriate City staff are
hereby authorized to proceed with such action as is necessary to
enable the City to issue contractual obligations in an amount not
to exceed $480,000 for the purpose of purchasing the Property and
paying the costs of issuing the contractual obligations.
Section 2. This Resolution shall be effective upon its
approval and adoption. /~,~
PASSED AND APPROVED THIS -- day of December, 199].
CITY OF THE COLONY, TEXAS
William W. ~-ann~ng, Mayor ~
ATTEST:
Patti A. Hicks, CMC
City Secretary
City of The Colony, Texas
The City Council anticipates ,the proceeds of the City of The
Colony, Texas Personal Property Finance Contractual Obligations,
Series 1992 to be used for the acquisition and payment of the
following items:
CAPI~L OUTLAYS
General Fund
~eneral Administration COSt
Check Imprinter '" $ 1,800
Computer System ' 30,000
Cit. y.Secretar¥
Records'Management Software Package 680
Telephone 400
Calculator 80
..Parks &. RecreatioD
Aluminum'~PlaY~r..Benches 1,100 '.
18 Foot'~Equipment Trailer 1,950' '
Front'Deck Mower 9,000
Weed-Eater 400
Folding Chairs 250
Hand~.Mower 300
Aq~atic Park
Commercial Weed-Eater 400
12' x 18' 'Storage Building 1,600
Picnic Tables 500
Rolling Equipment Baskets 300
Dri-Deck Surface Covering 900
Ins~ect~oDs
1/2 Ton Pick-up Truck 14,850
Top Mount Box for Animal Control Vehicle 3,500
S-10 Lock Boxes 300
Typewriter 480
Fire Department
Heart Monitor/Defibrillators 19,460
Outdoor Early Warning Siren 7,000
chris Clean CPR Manikins 1,690
14'~ x 18"Salvage Covers 1,540
SCBA Facepieces 2,160
IBM Wheelwriter Typewriter 630
SCBA Bottles 3,150
Complete "MSA" SCBA 3,200
New. Air Compressor System 14,000
Police DePartment
Police Ve~icles $ 37,000
Set.of Anatomical Dolls 230
File Cabinet 250
'3/8" Reversible Drill 250
i Ton Chain'Hoist 150
Pistol Locker .~ 250
Set of Evidence Lockers 130.
· .35mm Cameras 400
Radar Units '" 3,400
.Acoustical Panels ... 2,200
Audio Visual Carts 260
TV/VCR Combination 500
File Server/Novell 6,000
Opaque Projector 1,000
Public Works
Base & Remote Radio Hook-up 1,840
Front End Loader 26,000
Arrow sticks 940
Hydrostatic;.72" Front Mount Riding Mower 8,400
3/4 Ton Pick-up Truck 15,000
Tailgate"Sand Spreader 2,300
65HP Concrete Saw ...... 7~000
General Fund Total $Z35,120.
Utility Fund
W~%er Dep~tment
Desk Chair. $ 180
i 1/2" Drive.Variable Speed Drill 200
20" Push Type Mowers 210
Gasoline Powered Weed-Eater 480
Set of 3/4" Sockets ' 600
Small Tractor with 4' Mower 11,000
Wastewater
Field Probe 220
Cycle-tired Mower 1,000
Repetitive Dispensers 300
ilStirring Plate 180
1'1992 Chevrolet S-10 Pick-up Truck 11,000
2800 Watt Portable Engine Generator 700
Automatic Sampler 3,000
Balance: Top Loading 350
Utility Administration
Calculator 110
Uninterruptible Power System for NCR Tower Computer System 800
Telephone ~eadsets 180
Fleet Maintenance
Freon Recycling Machine $ 2,250
Calculator 110
1/2" H.D. Electric Drill Motor 230
Four Wheeled Drum Truck 220
Total Utility Fund
TOTAL CAPITAL OUTLAY $268,440
RADIO SYSTEM 200,000
COST OF ISSUANCE 11,000
MISCELLANEOUS
TOTAL AMOUNT TO B~ ISSUED