HomeMy WebLinkAboutResolution - 654 Ms'SCLUILION NO.
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wITT EAS the City of San Jacinto has contracted for the
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purchase of a new fire trucks from Seagraves Corporation-,
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AND "'REDS' the Utited California Barsky has offered to lend
5 he s b gip' rv, for a. Period of three hundred sixth`
6 clays at the rate of ',.otr and Lorne-half per cent per arstaum to the City
7 'l of Sian Jacinto with said note secured by a security agreement encum-
Iber:ir g the new fire truck-
NOW TFEE ORE, BR IT RESOLVED by the City Council of the
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City of San Ja;c°intoy State of California, in regular session assemble
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th .s thLL*xd day of August, 1965 that the kwla7ory or in his absence2 the
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Mayor Pro Tom, together with the City Clerks or the Deputy City Clerks
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are hereby authorized. to borrow then of (�w��t� 4 C`tA Via. for
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a. -`sericd of three hundred sixty (360) days at the rate of 4.5;'; per
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ann in accordance with the terms of the promissory roto;� a copy
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of which is attached hereto snacked "Exhibit All; which is hereby
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incorporated, herein by reference and said officers are further duly
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empowered to execute she 'se c=ity agreement securing said n t e by
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an inter{_st in the new fire trucks., a copy of which is attached hereto
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marked "Exhibit BIT7 which is hereby incorporated herein by reference.
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ADOPTED {TD SIGIT"ID °HI-S third day of A-ugus t 19650
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Dopu
28 f. CLIRT 7 ICn TE
29 The fore o-LnS is certified to be a true copy" of a ia.esol a` oaf
duly adopted by the said C ty 'C;olumcil of the City of Sass Jacinto on
3o the, date there en set forth.
31 /t7C AY_ Las ,
32Depu
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