HomeMy WebLinkAboutOrdinance No. 53ORDINANCE NO. 6;2
AN ORDINANCE AUTHORIZING THE CITY MANAGER TO ENTER INTO
A LEASE PURCHASE CONTRACT WITH MOTOROLA COMMUNICATIONS & ELECTRONICS,
INC. FOR THE LEASE PURCHASE OF RADIO COMMUNICATIONS EQUIPMENT AT A
COST OF $27,886.80, PAYABLE IN ANNUAL INSTALLMENTS OF $10,885.61.
COLONY:
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF THE
SECTION 1. That the City Manager be, and he is hereby
authorized to enter into a contract with Motorola Communications
& Electronics, Inc. for the lease purchase of radio communications
equipment at a cost of $27,886.80, payable in three annual install-
ments, payable in the amount of $10,885.61 within the first month
of each lease year, with the right of the City to cancel at the
end of each lease year.
SECTION 2. That this ordinance shall become effective
upon its final adoption, as provided for by the Charter of the
City of The Colony.
DULY READ AND ADOPTED ON FIRST READING on the
day of �� 1979.
DULY REA AND ADOPTED ON SECOND READING on the /
day of '' 1979.
APPROVED:
MAYDR
i
APPROVED AS TO LEGALITY
OF FORM:
CITY ATTORNEY�-