HomeMy WebLinkAbout1968-09-03; City Council; Resolution 155341
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10 I1 II 2. That City pzy for said ;;urchase with the proceeds of a
The City Council of the City of Carlsbad does hereby resolve
as follows:
loan from hited States National Rank in the sa~e ancu~t,
1. That thz City ;>urchase an NCR Class 50
one processor - Serial 1Jo. 1-7826406/517-1 and one console
- Serial No. 1-7615703/590-1 from National Cash Register
CoRijaRy for the purchase price of $27,323.11.
Systev9 including /I
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said loan to be secured by a Security Agreecent coverinz
said equipment,
That the Citj7 Treasxrer of the City of Carlsbad is hereby
authorized sill directed on behalf of thc City to excctite
and deliver a non-negotiable order directin: payrrent or’
said SUlii to Nation;tl Cash Register Corqany; to execute a
Pronissory ?!ole coverir,S reijaynent of saici sum; to execute
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a Security figrewent securing repayment and to exect;tc a.
!.hifor!-: CovperciaI Code financins statenent Form IICC-I in
re;Tarc: “to szid security.
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