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RES NO 04-08-2003 CITY OF VAN BUREN, ARKANSAS RESOLUTION NO. 4 -2003 A RESOLUTION AUTHORIZING THE MAYOR TO ENTER INTO A CONTRACT WITH GOVERNMENT ACQUISITIONS, INC., FOR THE PURCHASE OF THIRTY SEVEN POLICE AND FIRE VEHICLES. WHEREAS, Government Acquisitions, Inc., a Delaware corporation, has developed a vehicle procurement program for communities in response to the need for additional homeland security; and WHEREAS, Said program involves the company acquiring sponsors to fund the cost of vehicles to be used locally for law enforcement, fire, rescue and other government agencies and selling the vehicles to the locality for the sum of one dollar ($1.00) per vehicle; and WHEREAS, The City Council feels this program would benefit the citizens of Van Buren and desires to enter into an agreement with Government Acquisitions, Inc., for the purchase of thirty -two (32) police vehicles and five (5) fire vehicles with sponsor endorsement for sum of one dollar ($1.00) per vehicle; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF VAN BUREN, ARKANSAS: THAT, The Mayor is authorized to enter into a contract with Government Acquisitions, Inc., to purchase thirty -seven police and fire vehicles with sponsor endorsement for the sum of one dollar ($1.00) per vehicle and to execute whatever documents are necessary to carry out the terms of the agreement. PASSED AND APPROVED THI 1 Sf DAY OF APRIL, 2003. NIA OIJ ATTESTED: biLit 6,0zr-6. CITY CLERIC/TREASURER 0