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ORDINANCE NO. 1875
WHEREAS, Ordinance No. 1864 was passed on the 25th day of January, 1993
accepting the bid of GE Capital Public Finance, Inc. to finance the purchase of certain City
equipment by means of lease-purchase financing; and
WHEREAS, a substantial portion of the purchases and expenditures involved
in Ordinance No. 1864 were for non-personal property items which GE Capital Public
Finance, Inc. could not lawfully finance through a lease-purchase format for financing.
THEREFORE, BE IT ORDAINED by the City Council of the City of North
Richland Hills that:
1.
Ordinance No. 1864 be, and is hereby, repealed.
PASSED AND APPROVED this 22nd day of March, 1993.
APPROVED:
ATTEST:
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Tommy Brow
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~nètte Rewis, City Secretary
APPROVED AS TO FORM AND LEGALITY: