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HomeMy Public PortalAbout1985_01_09_R011The Town of Leesburg in Virginia RESOLUTION NO. A RESOLUTION: PRESENTED January 9~ 1985 85-11 APPROVED January 9, 1985 AUTHORIZING THE EXECUTION OF A CONDITIONAL SALES CONTRACT FOR THE PURCHASE OF A MOTOR GRADER WHEREAS, on December 12, 1984, the Council of the Town of Leesburg authorized the procurement of a motor grader from Bemiss Equipment Corporation of Richmond, Virginia; and WHEREAS, Council also authorized the town manager to enter into an agreement with the Sovran Leasing Corporation for the purchase of the equipment. THEREFORE, RESOLVED by the Council of the Town of Leesburg in Virginia that the town manager is hereby authorized and directed to enter into, execute and deliver on behalf of the town, Conditional Sales Contract(s) (at an annual per- centage rate of 9.25%), and such other documentation required with Sovran Leasing Corporation whereby this town will purchase the equipemnt described in said Conditional Sales Contract(s). PASSED this 9th day of January , 1985. Robert E S~v~la, May'or Town of Leesburg ATTEST: ,' ° ? Clerk of C~ncil