ORD. 1986-311-278 · Ordinance

Authorizing the Director of Finance, for and on behalf of the City of Richmond, to borrow $840,524.00 from Central Fidelity Bank, pursuant to an agreement entered into in accordance with the terms and provisions of Ordinance No. 84-288-256, adopted November 19, 1984, as modified by Ordinance No. 85-215-205, adopted August 26, 1985, author­izing the borrowing of not to exceed $4,000,000 for the purpose of financing the purchase of machinery and equipment, said $840,524.00 to defray the cost of acquisition of equipment (computer equipment and computer software).