RESOLUTIONNO.

92

WHEREAS, theCity ofPelicanBay("CiS') desiresto enterinto thatcertainLease-Purchase

Agreement,by and betweenthe City of PelicanBay and First Bank, for the
purposeof financinga Utility Truck. The City desiresto designateRon
Nightingale,Mayor Pro-Tem,andNancyNold, City Secretary,as authorized
signersof the Agreement.

NOW, THEREFORE,BE IT RESOLVEDBY THE CITY COUNCIL OF THE CITY OF

l0 PELICAT{ BAY, TEXAS:

1,)
LL Section1: THAT theCity will enterinto a Lease-Purchase
Agreementwith First Bankfor
thepurposeof financinga Utility Truck.
t4
Section2: THAT the City will designateRon Nightingale,Mayor Pro-Tem,andNancy
16 Nold, City Secretary,
asauthorizedsignersofthe Lease-Purchase
Agreementby
andbetweenthe City of PelicanBay andFirst Bank.
18
Section3: THAT a copyof theLease-Purchase is on file with theOfficeof the
Agreement
20 City Secretary.

22 AI\D IT IS SO RESOLVED.

.A
Passedby a vote of 4 to O this the 29Lh day of October ,200r.
26 CITY OF PELICAN BAY

28
By: '' '1 at/h&'-
30 Billv W. Heaton.Mavor

)z
4tr*"/2"/6re
J+ Nancy

36

38
GeorgeA. Staples,