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1993-186y \WPDOCS\ORD\DENIS0N.0 ORDINANCE NO. ..9 3 +/96 AN ORDINANCE AUTHORIZING THE CITY MANAGER TO EXECUTE AN AGREEMENT BETWEEN THE CITY OF DENTON AND THE CITY OF DENISON FOR THE EXCHANGE OF PROPERTY; AND PROVIDING AN EFFECTIVE DATE. THE COUNCIL OF THE CITY OF DENTON HEREBY ORDAINS: SECTION I. That the City Manager is authorized to execute an agreement between the City of Denton and the City of Denison for the exchange of property, a copy of which is attached hereto and incorporated herein. SECTION II. That this ordinance shall become effective immediately upon its passage and approval. /n~ PASSED AND APPROVED this the "~Y~day of C 646 , 1993. BY: , 1~ L« DEBRA A. DRAYOVITCH, CITY ATTORNEY THE STATE OF TEXAS § COUNTIES OF DENTON § AND GRAYSON § PROPERTY EXCHANGE AGREEMENT WHEREAS, the City of Denton has identified a jib crane and accessories as surplus property which is of interest to the City of Denison; and WHEREAS, the City of Denison has identified an air blower with motor as surplus property which is of interest to the City of Denton; and WHEREAS, Section 252.022 of the Local Government Code of the State of Texas exempts the competitive bidding requirements for the acquisition of personal property accomplished among units of government either through selling or trading; and WHEREAS, with the City of Denton providing the transporta- tion necessary to exchange the items between the cities, the value of the equipment to be exchanged is of equal value; now, therefore I. The City of Denton agrees to sell and does hereby sell and convey to the City of Denison one (1) 1983 year, 3 ton chlorine cylinder jib crane, Model OV520-35-C3A, Serial No. 82010096-004, complete with 3 ton Robbins-Myers electric hoist, model S2M, Serial No. 45580 NDI, with electrical accessories, and (1) 1968 year, 5 ton Robbins-Myers electric hoist, no serial number.) The City of Denton shall bear the cost of transporting such equipment to the City of Denison. II. The City of Denison agrees to sell and convey, and does hereby sell and convey, to the City of Denton one (1) Air Blower and Motor, Tag Number 1-ADB with accessories. The City of Denton shall bear the cost of transporting such equipment to the City of Denton. III. The City of Denison and the City of Denton make no warranty of merchantability of the equipment or the fitness of the equipment for any purpose being owned by it and exchanged by the cities under this agreement. Each City agrees that the equipment being received by it undert his exchange is purchased "As Is." WITNESS the hands of the duly authorized representatives of the cities on this '5~day of 6~~~:/`A 4 „ 1993. CITY OF DENTON by CITY OF DENISON by Larry Cr 'se, City Manager ATTEST: Barbara D. Forrest, City Clerk