Loading...
Res 164-2008 11/4/2008 RESOLUTION NO. 164-2008 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF WICHITA FALLS, TEXAS, MAKING AN APPROPRATION IN THE GENERAL FUND IN THE AMOUNT OF $655,554 TO PURCHASE A GRINDER FOR USE AT THE CITY'S LANDFILL; FINDING AND DETERMINING THAT THE MEETING AT WHICH THIS RESOLUTION WAS PASSED WAS OPEN TO THE PUBLIC AS REQUIRED BY LAW. WHEREAS, the City desires to purchase a grinder for use in the City's landfill operation; and WHEREAS, the cost for this unit is $655,554, and was originally planned to be purchased through a five-year capital lease purchase agreement; and WHEREAS, it is desirable to purchase this unit outright to save in interest expenses; and WHEREAS, purchasing the unit outright will require the use of General Fund Reserves, which wasn't anticipated in the City's budget. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WICHITA FALLS, TEXAS, THAT: SECTION 1. There is hereby approved an appropriation of $655,554 in the City's General Fund to purchase a grinder for the City's landfill operation. SECTION 2. It is hereby officially found and determined that the meeting at which this resolution was passed was open to the public as required by law. PASSED AND APPROVED this the 4 day of November, 2008. � MAYOR ATTEST: ty Clerk