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HomeMy WebLinkAbout4150 ORDINANCE NO. AN ORDINANCE extending the authorization date for execution of a contract for purchase of eleven (11) police vehicles, amending Ordinance #4131, and declaring an emergency. BE IT ORDAINED BY T~E CITY COUNCIL OF THE CITY OF BREMERTON: SECTION 1: Section 2 of Ordinance #4131 is hereby amended to read as follows: Execution of Documents. The City Treasurer of the City is authorized and directed to execute and deliver the Contract on or before June 1, 1988, up to an aggregate purchase price amount of $135,000.00 at an interest rate not to exceed 8% per annum, and under the terms set forth in the Offer and substantially in the form attached as Exhibit A together with such modification as are consistent with the purposes of this ordinance. The City Treasurer and other officers and employees of the City are authorized to execute and deliver all documents necessary in connection with the assignment to the Bank from the Vendor of its interest in and to the Contract, and to execute such other documents and take such other actions as are reasonable and necessary to carry out the purposes of this ordinance. SECTION 2: The City Treasurer is hereby authorized to enter into an executory conditional sales contract for the purchase of eleven (11) police vehicles. Any action heretofore taken by officers and employees of the City consistent with this ordinance or Ordinance #4131, as amended, are hereby ratified. SECTION 3: City Council finds that there exists an emergency in that the City is committed to a contract to purchase vehicles but the qualified funding has expired due to an unanticipated delay in delivery and closing dates. This Ordinance shall become effective immediately upon passage and publication. PASSED by the City Council of the City of Bremerton this _ day of M~vch , 1988. HANK WAIBEL Pr~esident, ~City Council APPROVED this ~/ day of )."?"J~C-/~ , 1988. LOBE, ayor ATTEST: KATHLEEN L. McCLUSKEY, Clerk ORDINANCE NO. 4150 PUBLISHED: March 19, 1988 2