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Home My WebLink AboutOrdinance 385 N.C.S. 04/25/1955,gs o1:--r'A,jCE Nu. 385 N.C.S. kWkL� INTR B71 CUUNCILIWV AIT12014 GUSTAFSON SKUNDED BY-CUUNCILMuil ALBERT J. 1 3IGELOW Ai QiDM,,N-CF. uF Thais C117 Oi PAALUMA AUTHOILIZING 1' E"I ITH Tiffi, LUNGAN 01RATION 146h Thll� -LaASL Anti OPTION TO :HUN. 1-- qTy (15U) 1-aLI'm 6U j?.i�fuWw iTtmh .L,hb Ij p r ANI; ALSO ATHOR142ING i6 Ai:AH EUe NIT �oITH Tx'Aii "i - CERT 'ATON APPLIANCE GORPUnATION TU OVS -BAUL AIN iMO, 'THE CITY 01 PrETALUMA IN COIZILLRATION 'QF SAID AGRK-A-ENT ITH WNCAN kiti , dliI - G0. ATION BE 'IT BY Thi CJUNCIL UP ThE CITY 01*1 PLTALUMA. j-KS !FU110 'I Section le That the City of k6talum-A shall enter into an agrewent Ath Wacan karking i4eter Corporation an Illinois corp- oratiarx,, for the lease to the Cite of one hundred fifty (150) Mill ear lk';odel 60 parkinG meters together with three (3) muter rmechanismso That Isaid agreement shall provide that the City shall pay as rental f(yr said meters the sum of one dollar per month for each meter . fo 'a period o I f twelve (12) Wnths. and thereafter the sum of U o. doilars per month per meter. Said akxeement shall P_ I r ifi e r 'provide that the agreed value oAl* said one. Windred VIM (160) rxeters and three 'meter mealmnisw.s., jncludirl ,, frel�Iit is the sum of eight thousand seven hundred j:jfty-two and 50/100 dollars (1187,62.50). 6aid agreeMp.nt shall farther provide that the City sha*.i, r,.j;;'ve an optjorb to purcrase sa'Ald meters axid mechanisms fbr said sum of eight thousand seven hundred f if ty-tulo and 50/100 dollars less a trade-in allowance of twenty-seven hundred and no/10U dollars (2700.Uo) for one hun(xed fifty (1- ) used AUt0- Mton meters or a total net xice 01 Six thousaa(l fUty-U and 50/3 00. (.0052.50). 6aid agreem(�nt sMll iurther provide uiat JU eaid option Is exercised vithin sixty (6U) d.ays after I irztaila:tion the City' snail 'be entitled to a JUve per cent (5 aft.scc:unt which said discount amountz to three hu= two and 62/100 dollars' (y.'3020ra2). Said @.6reea.-ent siisill further provide that If SL L. and when ,the City shall l have paid 'to said Lunewi Parkin Ui�ter Corporation ::far the lease of Baia meters afi amount eque.] -to 'said agreed value of . eight thousand seven hundred .fifty -two aria 50/100 dollars (x;6752 ®50) less said trade -in for one hundred fifty (159) used iiutomaton meters for the net sum of sJLx thousand i fty -tiro and 50/100 dollars (s6U52e50 }, . the said Luncain irking :Meter Corpo shall sell.- transfer and deliver unto the City said one hundred. fifty (1,: meters and three (3) mechanisms mithout any farther charg therefor. Section 26 ,That contemporaneous with the ex- �cutlon of said Weement b etween the City of Petalum and Lurrcan Far ling Meter Corporation hereinbefore in Section 1 referred:, and as a condition to the execution of said agreement, th CIV oi: Petaluma shall accept from Traffic bppllance Corporation., a corporation., Its agr eement that by reason of and i co nsiderati on for said agreement with Duncan Parkinb deter Corporation, said T raffic Appliance Corporation will completely overhaul one hundred (2(;0) Automaton mechanisms for the City without cost, including the furnishing of all parts necessary to accomplish a first rate job and to replace any defective Hart,,- repair any def ective aiech- a.n1sm, furnished under said agreement, returned to said Traf Ac Appliance Corporation within one (1) year from date of delivery by it to the City Qf such defective part or mechanism, and that said corporation will furnish cartons, Without cost, for shipping puarposeso Said al, eerrent shall further provide that the City . shalapack, all Frei j � pp htyc a Y� y � Fo'��tYi�� e urn�� o aj u�6 Corrp�any e s repair .shop now Iocated in Wrba.tik, California, /and that the City shall keep an accurate record as to the loca'tiion of each and every mechanism furnished Under such an a6reeCt1ent. 6ection 3. That the IvAyor and t.kte City Clerx. be and they are hereb; i authorized and directed to execute and attest, respec- tively, the a6Teements hereinbel:ore authorized., after the same 2 SS bx;te , . approved by the City �ittorney. urdered Punted this 18th dray of grit, 19550 Y7aysMmm4lvfnmcYtJ�tlswni Ylpsb kYLS e CC)UNCILMEN A DAMS. BIGELOW, BROKN GU NORcryOOn SCHW O�EnA, AND MAYOR SCHOENINGH. N0.1ES NONF- .gB5U1 To 1,r0Vw?, 1� 6igned VINCENT JJ SCHOENINGH c'4LYY o Attest: GLADE R, WAL - CRY j 9 F I hereby certify that.the within ordinance was posted in one public place in the City of Petaluma, to -wit: In front of the City Hall on the 19th day of April; 1955. I hereby certify that the whole number of members of the Council of the City of Petaluma is seven, and that the foregoing ordinance was passed by the Council at its meeting of the 25th day of April, 1955, by the following vote, to-wit: AYES: Councilmen Adams, Bigelow, Brown, Schwobeda, and lvlayor. Schoeningh. N OES i None ABSENT: N ors'. - ATTEST: (SEAL) ity Clerk Gustafson, Norwood, The f oregoing Ordinance Number 385 N.C.S., having regularly passed and presented to me this-25th day of is hereby approved by me this 25th day of April, 1955. Effective Date: May 25, 1955. 1 be en April, 1955, 3