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HomeMy Public PortalAbout02-2011-2 SCANNED RESOLUTION BOW 2011-2 5/an/ RESOLUTION AUTHORIZING LOAN FOR VEHICLES FOR WATER AND WASTEWATER DEPARTMENTS WHEREAS,the Water Department is in need of a '/2 ton pick up truck and the Wastewater Department is in need of a 3/4 ton pick up truck; WHEREAS,bids were received for the above vehicles,with the lowest bid from Kenny Vice Ford Sales, Inc.; and WHEREAS,the City requested terms for financing from local banks,and First National Bank was the bank that offered the lowest interest rate, at a rate of 2.72%. NOW THEREFORE be it resolved by the Board of Public Works and Safety of the City of Greencastle that it hereby approves a loan for the purchase of a 2011 F-150 4x4 pickup in the amount of $24,372.00 and a 2011 Ford F-250 4x4 in the amount of $24,425.00. The Board further authorizes Clerk Treasurer Teresa Glenn to sign all loan documents on behalf of the City of Greencastle Board of Public Works and Safety. PASSED AND RESOLVED by the Board of Public Works and Safety of the City of Greencastle, Indiana this 8 day of 'Mar , 2011. Susan V. Murray, Mayor om Morris _g617-- : vz : Laurie Hardwick, Attorney