06-23-1986-Resolution-Resolution Authorizing the Purchase & Financing of a B-7200 E Kubota Tractor and Implements-06/23/1986RESOLUTION AUTHORIZING THE
PURCHASE AND FINANCING OF A B-7200 E
KUBOTA TRACTOR AND IMPLEMENTS
WHEREAS, the City of Sanger had an emergency need to purchase
certain mowing equipment for maintenance of its right-of-ways and
parks, and,
WHEREAS, the City Council of the City of Sanger meeting in
Special Called Session did on the 23rd of June, 1986, take action
to authorize the purchase of and financing of said tractor
and equipment as described above.
NOW THEREFORE BE IT RESOLVED that the City Council authorizes
the purchase and financing of a B7200E Kubota tractor with a mid -
mount 48" Kubota mower and a 48" Rhino Brush Hog rear attachment
mower at a total cost of $6,453.00 one third or 2,151.00 to be
paid down and the remainder to be financed at 8.5% interest in
the amount of $4,302.00 said loan to be paid in four quarterly
payments beginning September 24, 1986.
��crl C-ldc�-
PASSED AND APPROVED at a reg�larr meeting of the City Council
Mayor
City Manager
ATTEST:
ity61 cretary