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1978R11- Purchase of Ambulance RESOLUTI ON NO. 7F'-R-/I A RESOLUTION AUTHORIZING THE MAYOR TO SIGN THE NECESSARY DOCUMENTS TO FINANCE THE PURCHASE OF AN AMBULANCE WHEREAS, a new modular ambulance unit is needed by Schertz Area Facility for Emergency Service (SAFES), and WHEREAS, the City has accepted the bid from Summers Ambulance and Coach Sales for a 1978 Chevrolet Type I Wayne Senteniel I modular ambulance in the amount of $26,943.00, and WHEREAS, the monies to purchase the ambulance will be avail- able in the future from Guadalupe County Revenue Sharing funds, the cities and other sources, and WHEREAS, the City desires to finance the purchase and the Schertz Bank and Trust is agreeable to financing the ambulance at a seven percent (7%) interest rate per annum, on a one year note with" the stipulation that the note may be renewed at a seven percent (7%) interest rate per annum or less, NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SCHERTZ, TEXAS: ; THAT Mayor Robert C. Bueker is authorized to sign the necessary documents at Schertz Bank and Trust to finance the purchase of an ambulance from Summers Ambulance and Coach Sales in the amount of $26,943.00 in a one year note at an interest rate of seven percent (7%) per annum. Passed, ~roved and adopted this the 3 day of (J f';:t;;1~ , 19 '7 . Aiir~ gLL/ Mayor, City of Schertz, Texas ATTEST: (SEAL OF CITY)