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Ordinance No. 2,2787801 (ORDINANCE NO. 2278 ORDINANCE APPROVING CLAIM AND AUTHORIZING THE ISSUANCE OF CERTIFICATES OF OBLIGATION THE STATE OF TEXAS § COUNTIES OF HARRIS AND CHAMBERS § CITY OF BAYTOWN § WHEREAS, the City Council of the CITY OF BAYTOWN, TEXAS (the "City "), by ordinance adopted August 28, 1975, found that it was advisable for the City to purchase two fully equipped fire trucks and that certificates of obligation be issued by the City for all or any part of the cost of same; and WHEREAS, the City Council gave due and proper notice to bidders of the time and place when and where a contract, or contracts, for the purchase, or purchases, of such fire trucks would be let and due and proper notice of its intention to issue such certificates of obligation; and WHEREAS, the City Council thereafter awarded a contract to WARD LAFRANCE TRUCK CORPORATION, Elmira Heights, New York (the "Contractor ") in the amount of $114,318.00, as the lowest and best bid for the purchase of an Ambassador DD /FS -105 Fire Spire Rear Mounted Aerial fire truck and the Contractor at the time of the receipt of such bid by the City elected to assign such certificates in payment for all or any part of the cost thereof in accordance with arrangements made by the City Council; and WHEREAS, the Contractor, as shown on a true copy of its Claim No. 2, attached hereto as Exhibit "A" and made a part hereof as if fully written herein, has submitted said claim for furnishing such fire truck; and WHEREAS, the City has received the full benefits of such contract represented by said claim to the full extent thereof 7802 and to the full extent of the certificates of obligation here- inafter authorized to be delivered; and no person, corporation or trust estate has given notice in writing or otherwise to the City, or to any official thereof, of any liens for any materials, apparatus, fixtures, machinery or labor furnished to the Con- tractor as provided by Chapter 17, Acts of the Legislature of Texas, 1925 (Article 5472 -a, Vernon's Texas Civil Statutes), or any other provision of law; and WHEREAS, the City does not hold a claim of any kind or char- acter which might be properly charged or interposed as an offset or counterclaim to the payment of the aforesaid claim; and WHEREAS, a portion of said claim has been assigned to Citizens National Bank & Trust Co., Baytown, Texas, without dis- count, and said bank is now the legal owner and holder thereof; and WHEREAS, the City Council of the City wishes to approve said claim and authorize the payment thereof by the issuance and delivery of certain of said certificates of obligation, and by the payment of cash, all as shown on said Exhibit "A" and as hereinafter set out; THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF BAYTOWN, TEXAS THAT: Section 1. The matters and facts contained in the preamble of this ordinance are hereby found and declared to be true and correct. Section 2. The claim described in the preamble of this ordinance and fully set forth in Exhibit "A" mentioned in said preamble shall be, and the same is hereby, approved and allowed, and the City hereby acknowledges receipt of the full benefits represented by said claim to the full extent thereof and to the -2- ' 7803 full extent of the certificates of obligation herein authorized ►. to be delivered and the cash herein authorized to be paid; and the City hereby recognizes and approves the transfer and assign- ment of a portion of said claim and account to Citizens National Bank & Trust Co., Baytown, Texas, as herein set out. Section 3. There is now due and owing to said bank the sum of $114,000.00 and to the Contractor the sum of $318.00. Section 4. The certificates of obligation herein autho- rized to be delivered shall bear interest at the rate of 5 -1/2% per annum from the date of initial delivery shown on the face ", of each such certificate. Section 5. There shall be executed and delivered to said bank Certificates Nos. 72 through 185, both inclusive, aggre- gating $114,000, of the CITY OF BAYTOWN, TEXAS, FIRE EQUIPMENT CERTIFICATES OF OBLIGATION, SERIES 1975, dated October 1, 1975, and the sum of $318.00 shall be paid by the City,-in cash, to the Contractor. Section 6. The Mayor, City Clerk, City Treasurer, and other appropriate City officials, are hereby authorized and directed to deliver said Certificates above mentioned and to do any and all things necessary or convenient to carry out the terms of this ordinance. PASSED AND APPROVED this 28th day of July, 1977. ATTEST: __ _ Mayor CITY OF BAYTOWN, TEXAS City Cleric CITY OF BAYTOWN, TEXAS (SEAL) -3- M ' 7804 Claim No. 2 EXHIBIT "A" Dated: July 6, 1977 of Ward LaFrance Truck Corporation (the "Contractor "), against the City of Baytown, Texas (the "City "), as per contract in the amount of $114,318.00, between the City and the Contractor: 1. Aerial ladder truck delivered . . . . . . . . $114,318.00 2. Less previous payments. . . . . . . . . . . . $ -0- 3. Payment currently due . . . . . . . . . . . . $114,318.00 4. Amount to be paid Contractor by issuance of Certificates of Obligation . . . . . . . . $114,000.00 5. Amount to be paid in cash by City to Contractor . . . . . . . . . . . . . . . . $ 318.00 The amount shown in line 3 above represents our claim against the City of Baytown, Texas, for delivering one aerial ladder truck under and in conformity with the terms and condi- tions of the contract described above; and $114,000.00 of such claim has been and is hereby assigned in full, without discount, to Citizens National Bank & Trust Co., Baytown, Texas. ATTEST: WARD LAFRANCE TRUCK CORPORATION By (Authorized Representative) L. Dale Chalker Vice President - Marketing (Title) Assistant Secretary =7(Title) (SEAL) - ----------------------------------------------------------------- The aerial ladder truck represented by the claim shown in line 3 above is in full accordance with the terms and conditions of the contract described above, and such claim is hereby in all things approved for payment by the City. Fri z Lan am, City Mana ger City of a.ytown , Texas m