HomeMy WebLinkAboutResolution #3653RESOLUTION NO. 3653
A RESOLUTION AUTHORIZING THE BORRWOING OF FUNDS TO
FINANCE THE PURCHASE OF A NEW FIRE TRUCK
WHEREAS, the City of Canton has acquired a new fire truck; and,
WHEREAS, that Wells Fargo Bank of Canton has agreed to finance the purchase
of said truck by lending money to the City; and,
WHEREAS, it is necessary to authorize the City Officials to execute the
documents necessary to effectuate said loan.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF CANTON, Fulton County, Illinois as follows:
1. That the corporate authorities of the City of Canton they are hereby
authorized to implement the council actions pertaining to the borrowing of
funds from the Wells Fargo Bank of Canton in connection with the
purchase of the New Fire Truck pursuant tot the lease contract copy
attached.
2. That this Resolution shall be in full force and effect immediately upon its
passage by the City council of the City of Canton, Fulton County, Illinois
and approval by the Mayor thereof
PASSED by the City Council of the City of Canton, Fulton County, Illinois at a
regular meeting this 17thday of June , 2003 upon a roll call vote.
AYES: Aldermen Reed, Fillingham, Carl, Ham, Sarff, Molleck, Hartford.
NAYS: None
ABSENT: Alderman. ?nest.
Approved:
ry M. Bohler, Mayor
Attest:
Qr~ ~
ancy Whites ity Clerk