Ordinance 1976-498 - Laserfiche WebLink

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CITY OF LOUISVILLE ORDINANCE NO. 498 AN ORDINANCE APPROVING THE ENTERING INTO A LEASE WITH PREFERRED LEASING CORPORATION, A COLORADO CORPORATION, BY THE CITY OF LOUISVILLE FOR A POLICE CAR AND A PICKUP. WHEREAS, the City of Louisville is in need of a new Police Car and in need of a ne'w pickup, and WHEREAS, the City of Louisville sought bids for the purpose of having a third party purchase said police car and pickup and lease the same to the City of Louisville, and WHEREAS, the Preferred Leasing Corporation was the low bidder, NOW, THEREFORE, Be It Ordained by the City Council of the City of Louisville: Section 1. That pursuant to the authority contained in C.R.S. 139-61-1 (1963 as amended), the respective officials of the City of Louisville on behalf of the City are hereby authorized to enter into Lease and Option Agreements with the Preferred Leasing Corporation, a Colorado corporation, for the leasing of one police car and one pickup under the following terms and conditions: a) To lease one police car for a period of 2 years at a monthly payment of $204.74. At the end of said 2 years, title to the police car will pass to the City. b) To lease one pickup for a period of 3 years at a monthly payment of $125.37. At the end of said 3 years, title to the pickup will pass to the City. Section 2. A copy of said Lease and Option Agreements are on file in the office of the City Clerk and may be inspected by interested parties. Section 3. That all other ordinances in conflict with this ordinance are hereby repealed. Introduced, read and ordered published this ~day of April, 1976. Passed and adopted on second and final reading this ~/h day of 72(0/ , 1976. ATTEST: y//~ , ,'" " ", l' / 77t1 ~ ..{c' I;' I~" ,"'/; . , '-.1 ~ .~ 9t~~~ , ayor 1./