Ordinance #11,902

ORDINANCE

STATE OF LOUISIANA

CITY OF MONROE                                                                                    NO.  11,902               

The following Ordinance was introduced by Ms.  Woods                 who moved for its adoption and was seconded by Mr.  Echols                    :

AN ORDINANCE AUTHORIZING AN EQUIPMENT LEASE AGREEMENT WITH WELLS FARGO FINANCIAL LEASING, INC. FOR MOWING EQUIPMENT FOR CHENNAULT PARK AND FURTHER PROVIDING WITH RESPECT THERETO:

WHEREAS, the City of Monroe has historically leased mowing equipment for the Chennault Golf Course and the current lease has expired and the City desires to enter into a lease agreement with Wells Fargo Financial Leasing, Inc. (“Wells Fargo”);

WHEREAS, the lease with Wells Fargo includes various mowing equipment for use at Chennault Park for upkeep up the grounds and particularly the golf course;

WHEREAS, the City desires to lease the mowing equipment described in the attached Lease Agreement and further described therein and said funds have been budgeted.

            NOW, THEREFORE, BE IT ORDAINED by the City Council of the City of Monroe, Louisiana, in legal session convened, that  James E. Mayo, Mayor, be and is hereby authorized and empowered, on behalf of the City of Monroe, Louisiana, to execute a lease agreement with Wells Fargo Financial Leasing, Inc. as per the terms and conditions of the attached agreement(s) and further authorizing James E. Mayo to sign all documents necessary to accomplish the purposes of the lease agreement.

ORDINANCE INTRODUCED ON THE  11th          day of  December                   , 2018.

NOTICE PUBLISHED on the  14th      day of  December              , 2018.

This Ordinance having been submitted in writing, introduced and published, was then submitted to a vote as a whole, the vote thereon being as follows:

AYES:            Echols, Ezernack, Woods & Wilson

NAYS:            None.

ABSENT:       Clark

And the Ordinance was declared ADOPTED on the  26th    day of   December      , 2018.

Gretchen H. Ezernack                                    

CHAIRMAN

Carolus S. Riley                     

CITY CLERK

 

James E. Mayo                      

MAYOR'S APPROVAL

 

                                                 

MAYOR'S VETO