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158399 10 WHEREAS, the City has assumed responsibility for the 11 operation of the Little Rock Emergency Health Care Facilities 12 Board, otherwise known as the Little Rock Ambulance Authority, doing business as the Metropolitan Emergency Medical Services 13 (hereafter "MEMS "), and 14 WHEREAS, MEMS was previously permitted a $550,000.00 line of 15 credit with the City to assist it during times of financial 16 difficulty, and WHEREAS, MEMS has repaid all monies borrowed on this line of 17 credit with the City, and has shown a more positive financial 18 position, and 19 WHEREAS, it has been determined that the purchase of three 20 additional ambulances would enable MEMS to continue to increase 21 its profitability, particularly in light of the savings on maintenance, and 22 WHEREAS, MEMS has asked the City for assistance in purchasing 23 three advanced life support ambulances, the model and type of 24 which were chosen after compliance with City bidding procedures. 25 NOW, THEREFORE, BE IT ORDAINED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS: 26 SECTION 1: The sum of one hundred and eighty thousand 27 dollars ($180,000.00), is appropriated from the Special Projects 28 Fund for use by the Little Rock Emergency Health Care Facilities 29 Board ("MEMS") for the purchase of three advanced life support 30 ambulances pursuant to the conditions contained in this ordinance and the execution of appropriate agreements between the City and 31 MEMS. 32 Section 2: The City Manager is authorized to disburse the 33 funds in this appropriation to MEMS for the purchase of the 34 35 36 D ,� y 0 ORDINANCE NO. 15,839 124 1 2 3 AN ORDINANCE TO APPROPRIATE ONE HUNDRED AND EIGHTY 4 THOUSAND DOLLARS ($180,000.00) FROM THE SPECIAL 5 PROJECTS FUND TO BE USED TO PURCHASE THREE AMBULANCES FOR THE LITTLE ROCK AMBULANCE AUTHORITY, AND AUTHORIZING 6 THE CITY MANAGER TO RELEASE THESE FUNDS TO THE AUTHORITY; 7 AND FOR OTHER PURPOSES 8 9 10 WHEREAS, the City has assumed responsibility for the 11 operation of the Little Rock Emergency Health Care Facilities 12 Board, otherwise known as the Little Rock Ambulance Authority, doing business as the Metropolitan Emergency Medical Services 13 (hereafter "MEMS "), and 14 WHEREAS, MEMS was previously permitted a $550,000.00 line of 15 credit with the City to assist it during times of financial 16 difficulty, and WHEREAS, MEMS has repaid all monies borrowed on this line of 17 credit with the City, and has shown a more positive financial 18 position, and 19 WHEREAS, it has been determined that the purchase of three 20 additional ambulances would enable MEMS to continue to increase 21 its profitability, particularly in light of the savings on maintenance, and 22 WHEREAS, MEMS has asked the City for assistance in purchasing 23 three advanced life support ambulances, the model and type of 24 which were chosen after compliance with City bidding procedures. 25 NOW, THEREFORE, BE IT ORDAINED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS: 26 SECTION 1: The sum of one hundred and eighty thousand 27 dollars ($180,000.00), is appropriated from the Special Projects 28 Fund for use by the Little Rock Emergency Health Care Facilities 29 Board ("MEMS") for the purchase of three advanced life support 30 ambulances pursuant to the conditions contained in this ordinance and the execution of appropriate agreements between the City and 31 MEMS. 32 Section 2: The City Manager is authorized to disburse the 33 funds in this appropriation to MEMS for the purchase of the 34 35 36 D ,� y 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 ambulances at such time as he deems appropriate after all necessary documentation has been executed including, but not limited to, a promissory note from MEMS to the City,to run for a period of three years at a rate of nine percent (9 %) interest. PASSED: April 3, 1990 ATTEST: Q_ i . , - l s. =V CZFCH AP •O MARK STODOIA, CITY ATTORNEY APPROVED: M 125 W-A � VILLINES,III