5446 RESOLUTION NO 5,446
A RESOLUTION AUTHORIZING THE CITY MANAGER TO
EXERCISE AN OPTION TO PURCHASE AN INTERNATIONAL
HARVESTER 442 SCRAPER; AND FOR OTHER PURPOSES
WHEREAS, in July, 1973 the Board of Directors approved a
Lease-purchase agreement with the Little Rock Road Machinery
Company for a International Harvester 442 Scraper, with an
option to purchase said Scraper on January 8, 1976 at a pur-
chase price of $52, 400 .00; and
WHEREAS, it has been determined that it would be most
feasible to purchase the said Scraper at this time.
NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS
OF THE CITY OF LITTLE ROCK, ARKANSAS.
SECTION 1. The City Manager is hereby authorized to
exercise the option contained in a Lease-Purchase Agreement
between the City of Little Rock and Little Rock Road Machinery
Company dated July, 1973 and purchase from said Little Rock
Roac Machinery Company one International Harvester 442 Scraper.
This commitment to purchase shall be effective January 8, 1976
and funds for such purchase shall be budgeted in the 1976
Budget of the City of Little Rock.
SECTION 2 . This Resolution shall be in full force and
effect from and after its adoption.
ADOPTED: November 18, 1975
ATTEST: APPROVED: it41114/2
City Cle Mayor