Agriculture Equipment Purchase Board Resolution
Agriculture Equipment Purchase Board Resolution
Date: [Month Day, Year]
WHEREAS, the Board of Directors of [Your Company Name] met to discuss and approve the purchase of new agriculture equipment to enhance operational efficiency and productivity;
WHEREAS, the Board has reviewed the current operational needs and identified specific equipment necessary to support these needs, which include:
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Tractor Model 517
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Combine Harvester Model 401
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Irrigation System Model 809
WHEREAS, the total cost for these equipment items, including taxes and delivery charges, amounts to [$250,000];
WHEREAS, the Board has determined that the purchase of this equipment will be funded through company's operational budget and does not require additional financing;
NOW, THEREFORE, BE IT RESOLVED that the Board of Directors of [Your Company Name] approves the purchase of the aforementioned agriculture equipment for the total cost of [$250,000];
BE IT FURTHER RESOLVED, that [Your Name], Secretary of [Your Company Name], is authorized and directed to execute any and all documents necessary to effectuate the purchase and is authorized to manage the disbursement of funds for this purpose.
Approved this [Month Day, Year] by the Board of Directors of [Your Company Name].
[Board Member 1 Name]
Board Member
[Board Member 2 Name]
Board Member
[Board Member 3 Name]
Board Member
[Your Name]
Secretary
