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HomeMy WebLinkAboutResolution No. 92-12 CITY OF THE COLONY, TEXAS RESOLUTION NO. 92- A RESOLUTION OF THE CITY OF THE COLONY, TEXAS APPROVING THE AMENDMENT OF SCHEDULE I TO ORDINANCE NO. 733 RELATING TO THE SUBSTITUTION OF CERTAIN PROPERTY TO BE PURCHASED WITH THE PROCEEDS OF THE CITY'S PUBLIC PROPERTY FINANCE CONTRACTUAL OBLIGATIONS SERIES 1992. WHEREAS, the City of The Colony, Texas (the "City") has heretofore issued its "Public Property Finance Contractual Obligations, Series 1992" (the "Contractual Obligations") for the purpose of purchasing certain personal property described on Schedule I to Ordinance No. 733 (the "Ordinance") authorizing the issuance of the Contractual Obligations as permitted and authorized by the Public Property Finance Act, V.T.C.A., Local Government Code, Sections 271.001 through 271.009, inclusive; and WHEREAS, the Ordinance permits the City to substitute other items of personal property for the items described on Schedule I to the Ordinance by official action of the City Council of the City; and WHEREAS, the City Council has found and determined that it is necessary and advisable to substitute certain items for those described on Schedule I by amending Schedule I; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF THE COLONY, TEXAS, THAT: Section 1. Schedule I to the Ordinance is hereby amended by deleting certain items and adding certain items all as described on Exhibit "A" hereto. Section 2. This Resolution shall take effect immediately upon its final approval and adoption, d?Z/~d~~ (tr~, ~t.~,~ PASSED AND APPROVED this/ ay of ~ ,1992. William W. Manning, Mayor~.~~ Patti A. Hicks, CMC, City Secretary CITY OF THE COLONY UNBUDGETED CAPITAL OUTLAY PURCHASES 1991-92 ANNUAL BUDGET Police (2) Officer body armor $850.00 Dispatcher office chair 269.00