Laserfiche WebLink
<br />police cars warrants ordinance <br /> <br />WHEREAS, the Scrutchin-Cauthorn Motors of San Marcos, Texas, has <br />submitted the lowest bid, namely $3,789.86, for two police cars meeting <br />the specifications set forth in the above notice; <br /> <br />THEREFORE, be it ordained by the City Council of the City of San <br />Marcos, Texas: <br /> <br />I <br /> <br />That the City Council of the City of San Marcos, Texas, does <br />hereby authorize the Mayor and City Secretary to accept from said <br />Scrutchin-Cauthorn Motors of San Marcos, the two police cars described in <br />said Company's bid, namely, <br /> <br />a. One, hundred and nineteen inch wheel base <br />b, V-8 engine - 380 cubic inch minimum displacement - 300 HP <br />minimum <br />c. Whi te co lor <br />d. 8.15 x 15 4-ply nylon tires <br />e. Heater and defroster <br />f. Standard transmission <br />g. Heavy duty foam rubber seats <br />h. Heavy duty spring suspension (heavy duty shock absorbers, <br />heavy duty braKes) <br />i. Heavy duty radiator and fan <br />j. Turn indicators <br />k. Back-up 1 ights <br />1, Heavy duty vinyl seat covers and trim <br />m, 55 amp alternator <br />n. 70 amp hour battery <br />o. Calibrated police speedometer <br />p, Spot light <br />q. Seat belts (front only) <br />r. Wind shield wipers (two speed) with washers <br />s. Outside view mirrors (both sides) <br /> <br />I <br /> <br />That the Mayor and City Secretary are further hereby authorized <br />to make payment for said police cars by the issuance of four time warrants <br />in the following form: <br /> <br />NO.1. <br /> <br />$937,50 <br /> <br />UNITED STATES OF AMERICA <br />STATE OF TEXAS <br />COUNTY OF HAYS <br />C!TY OF SAN MARCOS <br />TIME WARRANTS <br /> <br />I <br /> <br />The City of San Marcos, a municipal corporation in the County of <br />Hays, State of Texas, for value received, acknowledges its indebtedness and <br />hereby promises to pay to Scrutchin-Cauthorn Motors or order, on or before <br />the 15th day of March, 1968, the sum of Nine Hundred Thirty Seven and 50/100 <br />Dollars ($937,50) in lawful money of the United States of America, with <br />interest thereon from date hereof until paid, at the rate of 4 1/2% per <br />annum, payable on or before the 15th day of March, 1968, and annually <br />thereafter on the 15th day of March of each succeeding year for a total of <br />four years, which interest is evidenced by a coupon or coupons attached <br />hereto. Principal and interest are payable to the Scrutchin-Cauthorn <br />Motors or order at The State Bank and Trust Company of San Marcos, in San <br />Marcos, Texas, upon presentation and surrender of warrants and proper coupons, <br />and the City Treasurer is authorized, ordered and directed to pay to the <br />bearer of said warrants, said principal sum and interest as the same respec- <br />tively mature. In the event that the sum or sums of money evidenced by this <br />warrant and/or the annexed coupon or coupons shall not be paid at maturity, <br />the same shall thereafter bear interest at the rate of 5% per annum until <br />paid. <br /> <br />This warrant is one of a series of warrants of like date and tenor, <br />exept serial numbers and maturities, numbered consecutively from 1 to 4, <br />inclusively, each of the denomination of $937.50, and each due, respectively, <br />1, 2, 3 and 4 years after date, aggregating $3,750.00, issued for the pur- <br />pose of evidencing the indebtedness of said City of San Marcos for the <br /> <br />~6~ <br />