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10187ORDINANCE N0. 10,187 AN ORDINANCE AUTHORIZING AND DIRECTING THE BOARD OF PUBLIC AFFAIRS TO ADVERTISE, TAKE BIDS FOR, AND ENTER INTO A CONTRACT, FOR THE LEASE - PURCHASE OF FOURTEEN (14) GARBAGE TRUCKS WITH BEDS FOR USE IN THE GARBAGE AND SANITATION DEPARTMENT OF THE CITY OF LITTLE ROCK] TO TRADE -IN THE VALUE OF W4MON USED GARBAGE TRUCKS WITH BEDS, AND FOR OTHER PURPOjk-sr. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF LITTLE ROCK, ARKANSAS: SECTION 1. The Board of Public Affairs is hereby authorized and directed to advertise, take bids for, and execute a contract for the lease - purchase of fourteen (14) garbage trucks with beds to be used in the Garbage and Sanitation Department of the City of Little Rock, Arkansas. SECTION 2. That part of the rental on the said lease- purchase contract shall be made in the form of used garbage trucks with beds, listed as follows: MAKE OF SIZE MOTOR MAKE OF CAPACITY TRUCK NO. BED 1945 International 5 Tons 6169 1945 International Garwood 12 Yd. 1946 GM 5 Tons 5473 Garwood 12 Yd. 4 Tons 308 -14791 Garwood 12 Yd. 1948 International 5 Tons 26371 1948 International Garwood 12 Yd. 1950 International 5 Tons 26353 Garwood 12 Yd. 1952 International 5 Tons 2218 Heil 12 Yd. 1952 International 3 Tons 64902 Garwood 12 Yd. 1952 International 3 Tons 66032 Garwood 12 Yd. 1952 International 3 Tons 6480 Garwood 12 Yd. 1953 International 5 Tons 17812 Garwood 15 Yd. 5 Tons 21768 Leach 15 Yd. - - -- -� which shall be traded in on the rental of the garbage trucks with beds which the City may lease - purchase. SECTION 3. Sealed bids on this lease purchase plan will be received UP until 1:30 P.M., June 27th, 1956. The sealed bids will be opened at 1 :45 P.M., June 27th, 1956, at which time the Board of Public Affairs of the City of Little Rock shall enter into a contract for the lease purchase Plan, subject to appropriation of funds by the Little Rock City Council. The said lease purchase plan shall be for a period of three (3) years with option to pay off before maturity. -2- SECTION 4. That the rental payments shall apply on the purchase price if the City of Little Rock desires to purchase said trucks with beds at any time during this lease contract. SECTION 5. The garbage trucks and beds to be leased- purchased shall be on written specifications furnished to the Purchasing Agent by the Director of the Garbage and Sanitation Department. SECTION 6. That all ordinances and parts of ordinances in conflict herewith are hereby repealed, and this ordinance shall be in full force and effect from and after its passage and approval. PASSED: June 4, 1956 ATTEST: City Clerk APPROVED: Wr Mayor