WHEREAS, the Village of Capitan Police Department would like to submit an application to the New Mexico Finance Authority to buy a new police vehicle at a cost of $21,587.00 and;

WHEREAS, the loan, if approved, would be intercepted through the Law Enforcement Protection Fund monies each year thereafter until the balance is paid in full and;

WHEREAS, the Governing Body in and for the Village of Capitan, State of New Mexico meeting in regular session on the 12th day of August 2008 approved the submission of an application to the New Mexico Finance Authority and;

NOW THEREFORE, BE IT RESOLVED that the Governing Body of the Village of Capitan authorizes the submittal of an application to the New Mexico Finance Authority for approval of a loan for a new police vehicle where the funds will be intercepted through the Law Enforcement Protection Fund.

DONE, PASSED, AND APPROVED by the Governing Body of the Village of Capitan, Lincoln County, New Mexico on this 9th day of September 2008.



                                                                          ___________________________________
                                                                          Sammy L. Hammons, Mayor


ATTEST:



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Kay Strickland, Village Clerk