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03-01-99-Resolution-Lease Purchase Loan Agreement with GNB Bank-03/01/1999RESOLUTION If 03-01-99 WHEREAS, the City of Sanger desires to Lease/Purchase certain equipment; and, WHEREAS, it is necessary to adopt a resolution for the needs of GNB Bank, NOW, THEREFORE, BE IT HEREBY RESOLVED: That the City Council of the City of Sanger, Texas, authorizes the Mayor to sign the necessary documents to secure the Lease/Purchase loan from the GNB Bank with stipulation, that it be used for budgeted items for the Electric Department. Signature (Secretary Passed this 1st day of March, 1999 0 Signature ( Mayor)