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HomeMy WebLinkAbout1995-150 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 RESOLUTION NO. 95-150 RESOLUTION OF THE CITY OF SAN BERNARDINO AWARDING A LEASE PURCHASE AGREEMENT TO BURTRONICS BUSINESS SYSTEMS FOR THE LEASE PURCHASE OF LANIER PHOTO COPY MACHINES, TO BE UTILIZED BY VARIOUS DEPARTMENTS THROUGHOUT THE CITY IN ACCORDANCE WITH BID SPECIFICATION F-95-08. BE IT RESOLVED BY THE MAYOR AND COMMON COUNCIL OF THE CITY OF SAN BERNARDINO AS FOLLOWS: SECTION 1. That Burtronics Business Systems is the lowest and best responsible bidder for supplying and financing Lanier photocopy machines in accordance with Bid Specification F-95-08. The estimated first year annual amount is $72,642.55. The term of these lease purchase agreements is five (5) years. Pursuant to this determination, the Purchasing Manager is hereby authorized and directed to issue a purchase order and execute vendor lease agreements to purchase and finance copiers to said lowest and best responsible bidder; all other quotations therefore are hereby rejected. SECTION 2. Replacement of other existing copiers may be accomplished under similar terms and conditions as this initial agreement. A new competition to again select a standard copier supplier will take place at the end of the initial five year term. SECTION 3. The authorization to execute the above referenced initial purchase order and Lease Purchase Agreement is rescinded if the parties to the agreement fail to execute it within sixty (60) days of the passage of this resolution. / I I / I / 1 /i~\- w /~:~. 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 1 RESOLUTION OF THE CITY OF SAN BERNARDINO AWARDING A LEASE PURCHASE AGREEMENT TO BURTRONICS BUSINESS SYSTEMS FOR THE LEASE 2 PURCHASE OF LANIER PHOTO COPY MACHINES, TO BE UTILIZED BY VARIOUS DEPARTMENTS THROUGHOUT THE CITY IN ACCORDANCE WITH BID 3 SPECIFICATION F-95-08. 4 I HEREBY CERTIFY that the foregoing resolution was duly adopted by the Mayor and Common Council of the City of San Bernardino at a requ1ar meeting thereof, held on the 15th day of May , 1995, by the following vote, to wit: COUNCIL MEMBERS AYES NAYS x x x x x x x ABSTAIN ABSENT NEGRETE CURLIN HERNANDEZ OBERHELMAN DEVLIN POPE-LUDLAM MILLER (~('~" 1 tLa.AlL CITCLERK The foregoing of May ., "", /.J c/<J- day resolution is hereby approved this 1995. --;;~~~fi^ Tom Mlnor, Mayor city of San Bernardino Approved as to form and legal content: JAMES F. PENMAN city Attorney By: 2 04/27/95 10: 0& . '&719 576 0370 JOHN-GLC ~ 002/011 96-/tJO Lease No, M Leesee: CHECKLIST PG. 1 OF 2 LBSSBB'S INSTRUCTIONS for Required Lease Purchase ($1.00 Buy-Out) Transaction Docwnentation (for transactions OVER $100,000,00) Any CHANGBS, ADDITIONS JIND/Oll. DBLB'J'IONS made. MUST be initialed by the Lea"ee. SBNJl BACX SBIIT OR REQURSTBD IIllIIfICIPAL LBASB " OPTIOI!I AGRBIDIlI:NT. standard Municipal Lease Agreement (Fill in all areas which are marked by a red X or highlighted and must be attested by someone other than the vendor and a seal or notary applied.) AIlORTIZATIOH SCHEIlllLB: This is your payment schedule, PLBASB SIGN. AMB1fI)JIIlHTs/ADIlBNJlA.. Documentation which is necessitated by local or state governing regulations. Please sign and return. ACCBPTANCB CEI!.TIFICATB. This is to be signed by authority who signed lease agreement and validated by the actual end user. If they are the same, have lease attester validate. the date should coincide with actual inspection/approval date, and will initiate billing. LBGAL OPINION. Simplified Opinion of Counsel, Retype onto the letterhead stationery of the Lesseels attorney. Have the attorney sign and date. BXD/BXD RBSPONSZ/AWARD(S): Documents upon which this quote and documentation is generated. IIllIIfIC:IPAL CBRTIFICATB WITH nrSTRUC'l'IOHS. Verifies the decision and authority to enter into this agreement, Please insure that the person signing the Municipal Lease k Option Agreement also signs ONLY in paragraph #1 and NOT at the bottom. JaNllTBs/RBSOLUTIONS/AUTHORJ:ZATION TO BORROW. A copy of all relevant meeting minutes, resolutions, or authorizations to borrow specifically for this Lease Equipment transactions is required. PURCHASB ORDRR: (Sample Purchase Order enclosed) Organization and made out to the Lessor. It MOST term of the lease (such as 36 months at $126,00). MUST be written by Parent specify the total --- CONTINUED ON PAGE 2 ---- 04/27/95 10:09 '5'719 576 0370 JOHN-GLC ~003/011 16'-/00 ( CHECKLIST PAGE 2 OF 2 TJ:TLBS: upon registering & licensing of vehicle(s), forward the original titles to Government Leasing Company, CBRTJ:FJ:~BS OF ORJ:GJ:N: Upon receipt of the Certificate of Origin make a copy for your file and forward a copy to Government Leasing Company. DBFARTKBNT OF THB TREASURY: Internal Revenue Service Form S03a-G. Required by the I.R,S. in order to qualify as a tax-exempt transaction. This number is a nine digit nwnber which has NO LBTTBRS in it. 'It is not a Tax Exempt number. tJCC-I: Establishes and maintains the rights of the Secured Party and/or the Assignee by formally registering a Secured Interest with the Secretary of State of the Lesseefs state. ADVANCB PAYIIIlNT OR DOWN PAYMIINT: Initial payment upon acceptance, payable to Lessor. J:NSURANCB CBRTJ:Ii'J:CATB: According to Article VII 7.03 of the Lease, Lessee will provide proof of liability and comprehensive damage insurance with Government Leasing Company listed as Loss Payee or a letter of self insurance, and if available the statute authorizing self insurance. ~I~XAL STATBMBNTS: Complete copies of Lessee's most recent two years audited financial statements, (Article I (d) of the Lease.' Upon execution of these documents, please make copies for your record and forward the ORJ:GINAL documents to Government Leasing Company, ~223 Lake plaza Drive, Colorado Springs, CO 80~06, as quickly as convenient, for immediate processing. *PLBASB COHPLBTB ALL AKBAS WHICH HAW A RBD X OR HAVB BBBN RIGBLJ:GIITBIl* 04/27/95 10:09 U7l0 576 0'370 JOHN-GLC IZrOG4/011 LESSOR: f 0:-/ tft! MUNICIPAL LEASE AND OPTION AGREEMENT Government LeMing Company P.o. IloI< 80518, CoIonocJo Sprlnll80 CD 8088~18 1-800-1122-8070 (Olltlldl Coloredo), (718) 575-8800 LESS~ VENDOR: Narne Name l\ddresa Addreu City ... Zlp_ City Con1llcl Contac1 Telephone TNphDne NOTE: TNt Is an ~ Income tax-exempt tranHctIon. No TINISSN can be pRMded becauH none of the paymtnb arel.R.s. repol'lllbte (1UOh.. Form 1091). ~ SIIdIDna 103 149 8041 and 8048 d 1M I R.8. CodII of 1886... amended and the IllIIlructiDns For Forme 1099 and Forme 8038-G and 803&00) FOR COIoIPLETlON f1( LESSOR Alwayl;Aef8rto LeenNo. .... - Zip_ ITEM QUANTITY EOUIPMENT DESCRPTKlN (Include Make, Model, Serial No. and .. Atlachmera) a-_IIIO...........,......--or........flI...-.-.EquIpMnIIDt..........IIt~ 'I8lDIIIl""'" IItAGIISrfTCFLIIIMfl MlIIIO.....crlVInlar............IO-""'...........................,~hnaf.~IIIIlIIw..__NI!NlJfI.................-..l .......___In....~~"-"GI'~_..-.IlV.,.,..inaqulp/nlrll.._Wnal_...In......"'."....._or......f1....... .....,....-.:......~..MIIu- lEASE TERM 1DDU. EQUIPt.IENT COST PAYMENT DUE (P8rIad) NOJAMOUNT OF LEASE. (Ino1udN IIQ~ PURCHASE ~ENTS Month. . . See payment ICMduIt at&Iched Qu..- D_ O Annually tIINID and m8d1a pm htnMll' _Includes Saln 1ilx 111_ % DQ_ D SemI-AnnU8lty ("--') ....... PlRhUe OptIon II $1..00 8fI8r Reml-Annual PUTS Due Upon ADDeptMc:e IncIudeeSal.'Tmt1ll .. timely payment of P8:;ment Sch...... ~ THIS AGREEMENT IS SUBJECr 10 THE TERMS AND CONDITIONS PAINTED ON lliE FOLLOWING PAGES. WHICH ARE MADE A PART HEREOF. TE_ AND CONDITIONS ~ IIenItlr II_Ill LeaII h Equlpmllt ftJrthB PlfPDlilS.... upon the fallowing 1Im1s nI COIIlIbls Mf1CU t: 1:OIIIMnJ. ~L LluH IIP__ -..IIi1Rl..-.III.... 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Pun:t-....,....~fIIlII' lIlIIelltlWllfIIcIf ,..-farl"-lDIowing r-.: "'x '''" ACCEPTED .lIr. -: .1. ~~""""'MCI~....,~G1IN11~ GOVERNMENT LEASING COMPANY t......N....IltAlloflJ (Loooor) ~===~":.l:'"~.::'...:=~~ol~bIhaIld Ily.X By. - l1tIe: AnHIecI By: 11tIeofAttell8e: (SEAL) WHIlE & CANARY LESSOR. PINK LESSEE \ 04/27/95 10:11 ft719 578 a370 15-/X? =:::':NIJ1lIHI. n.tIowingltmllwil l-..laIom'.....IIIdaItclIltlow...... tlWIIl oIIq ..........._lhI~1If"'dIllr8:linArllclllllllllr8llf....,.IUftldn__orlllllOnllklllnt'Mll 1ItmI u...CIIIlIIlutt llII__1Il nae...faIth Ill" lice 1lI....-. 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S11d111111I.ID"'~~NurB"""~c:onlIIoIIIupCIIIlll'__lIIlM8OriltklnllCl." ...., nt'*Yfldtl1lllldylllallblClmUI8llIllllIllll btlnlllftlDn1G..,....IfIIlIlIY.......... t*AclrtlllBtlll"lDlIar....II8rIllilll"llI1..ln...iIJ. No_lll'DIIIIIIlan III...... rigkor...... -":1. lClOO 1ft' dlllull nil ~ 1ft' IIIC!I rIghIlW poIlfIr ...1hIII...l*IIlMd ....1....1lInaI.1lII ~: rx:::'~n;:.....lrum lkIIllllln IIIIl a aIbrl.1III)' bt __...... l1ctta11Ulllallln. Mnaicts.llIfitCIWIIlll'chrcontJrllcIlianShelllnllrlllll""""tr-'" =::::::-wtrendlllhowlilarlllllodbf'ltfIInllUl. puItIgt,,-, talllt.....hlr........ 1IctlIlI1l.1lZ.....EIIIcl. TIlI~fIIlShllllInI..III...btlItIIor_slld..I*dItUplllll.JslDr lIIII~.ncIUt11r~__IIIIIAI$IgII. =~=--~~~=~~,::;'.=r='=~~-eJ :=..1Ud..-=-~~"'~w:,~..IO.:.-:. -.::-.=~~ ...-.: I.IUHIIlIlIIIlnItInI'-lllIlIIIIllItalSlelilll)1rllllllll"c:DllalltflllmlllClllPOlldllMld.......whlt iIIlIII: ill the r... or ....ll...) per..... orllll IIIllbM rMt PlrrtIDtd "'.. wtidl....ilIl1u. .....1aJlli~.I:oIIII...TlIi5~llIIfbtf*!alllcjil.........~lICIIal w!IIchllllllbl.DII.lnIlllllldalwNch...CIIIlIlIuIIIIltIt......llltun..lInrnIltl. ::-~~Lar. Thlt~cntslllll DtlWllllllllbY_QlIIIIn8IIn.:mdn:e_IIlt_ ==~ICDlI~=::=~~'::.t'='..rIIt(_I1IlO.......... =~=<<T==-~~III:,-==.-=':ru:..~~= ar 111m '/IIltllllllrt tau'l AI.,.... be llllfidflll" II1:II ~ W IIIiI; __....1Uipd ..,......lTllllt..IJD~.....,..,lIlftIflllllirl.fJrlllllAllllts,.......Ol'.......1IIII IPKlIlIIdtwlit.......-aItJir;AQretmtrllarlhl~lIutcIhnInlIr,Nrr_n1ClN1l1111t1'" pIldlIlIDlll8r<<DIIw_...[wIIl...tIIllIPlllllor~IIDri1IIri..,l.-I.-.GIllII'IiIt ...AaIMnllCwljc:h..itDl\klllloarlrPnl..wlthilil....n~ollltil~..1IIlI bII*dngQtl.eull"nWIIIIIII_tD"'~. LmetbVlbt.......afllllUlalllll....... 1CknowltdgtJ...llhlsllliClthls.-.gltllll1lrll.IIldII'IlIndIIt,Irld_Wlbt....dlrtlll~IIIlf...... ') V 04/27/95 10:14 '8'719 576 0370 JOHN-GLC ~ 006/011 t?5-/5o MONTHLY LEASE l\MORTlZATION SCHEDULE SAMPLE AMORTIZATION SCHEDULE SJ\MPLE SJ\MPLE SAMPLE BIlOINNINCl BALl\NCIil OF LEASE. NUMBER OF PERIODS. $1.0,000.00 24 PAYMENT J\MOUNT: MONTH OF LOJ\N: DAY OF LOJ\N. YEAR OF LOAN: ADVANCE PAYMENT: TAX DUE pER PAYMENT' TAX ON ADVANCE PAYMENT $459.00 3 1. 94 $458.00 $0.00 $0.00 IF AN EARLY 1UlY0llT IS DESIRED, PLEASE CALL GOVERNMIlN'1' LEAS ING AT' 1-800-822-8070 ----------------------------------------------------- ----------------------------------------------------------------- TOTALS: ------------------------------------------------------------------------------- $10,000.00 $992.00 $0.00 $1.0,992.00 PMT PAYMENT PRINCIPAL INTEll.\~ST TAX TOTAL BUYOllT NUM DATE PAID PAID PAID PAYMENT AFTER PMT ---------------------------------~------------------------------------------.-- 1. 01.-Mar-94 $458. DO $0.00 $0.00 $459,00 2 01.-Apr-94 $377.77 $80.23 $0.00 $459.00 3 01.-May-94 $380.94 $77.06 $0.00 $459,00 4 01.-.1\10-94 :;384.1.5 :;73.85 :;0.00 :;458.00 5 01.-Jul-94 $387.39 $70.62 $0.00 $458, DO 6 01.-Aug-94 $390.63 :;67.37 :;O.DO $459.00 7 01.-Sep-94 :;393.92 $64.08 :;0.00 $458,00 8 01-0ct-94 $397.23 f160.77 $0.00 :;458.00 $7,074.92 9 01-NoY-94 $400.57 $57.43 $0.00 $458.00 $6,646.30 10 01-Dec-94 $403.94 $54,06 $0.00 $458.00 $6,216.00 1.1 01-Jao-95 $407.34 $50.66 $0.00 $458,00 $5,783.90 12 01.-Feb-95 $410.76 $47.24 $0.00 $459.00 $5,350.00 13 01.-Mar-95 $41.4,21- $43.79 $0.00 $458,00 $4,914.29 14 01-Apr-95 $417.10 $40.30 $0.00 $458.00 :;4,476.76 15 01-May-95 $421.21 p6.79 $0.00 $458,00 :;4,037.42 16 01-JIln-95 $424.75 $33.25 $0.00 $458.00 $3,596.24 17 01-Jul-95 :;428.32 :;29.68 $0,00 $458.00 $3,153.22 18 01-Aug-95 $431.9;! $26.08 $0.00 $458.00 $2,708.36 19 01-Sep-95 $435.56 $22.44 :;0,00 $459.00 $2,261.65 20 01-0ct-95 $439.22 $18.78 $0.00 $458,00 :;1,81.3.07 21 01-NoY-95 $442.91. $15.09 $0.00 $458.00 $1,362.62 22 01-080-95 $446.64 $1.1.36 $0.00 $458.00 $91.0.30 23 01.-Jan-96 $450.39 $7.61 $0.00 $458.00 $456.1.0 24 01-Feb-96 $454.54 $3.46 :;0.00 :;458.00 :;0,00 A Buy-out after payment early in the Term of the Agreement 1s subject to a prepayment premium. Contact Government l.easing Company at 800-822-8070 if you dealre your buy-out amount. Post-It- brand fax transmittal memo 7671 . of pogo. . 1'0 From Co. Dept. Phone' Fad Fa" ~ 04/27/95 10:15 "'719 576 0370 JOIlN-GLC Ii!I 007/011 tJ5 -~ LEASB PURCHASB ACCEPTANCE CERTIII'ICATB Madam/Sir: In accordance with the M- , Dated LEASING COMPANY (Lessor), represents to, and agrees terms of the Municipal Lease and Option Agreement No. , ("Agreement-) between the GOVERNMEN and the undersigned (Lessee). the Lessee hereby certifies and with, Lessor as follows: 1. The Equipment, as such term is defined in the Agreement, has been delivered and installed at the Equipment Location specified in the Agreement and accepted on the date indicated below. 2, Lessee has conducted such inspection and/or testing of the Equipment as it deems necessary and appropriate and hereby acknowledges that it accepts the Equipment for all purposes. 3. No Event of Default, as such term is defined in the Agreement, and no event which with notice or lapse of time, or both, would become an Event of Default, has occurred and is continuing at the date hereof. 4. Lessee represents, covenants and warrants, and as requested by Lessor, will deliver a Purchase Order or an Opinion of Counsel, to the effect that: (i) Lessee is a fully political subdivision or agency of the State of the Equipment location; (ii) the execution. delivery and performance by the Lessee of this Agreement have been duly authorized by all necessary action on the party of the Lessee; and, (iii) this Agreement constitutes a legal, valid and binding obligation of the Lessee enforceable in accordance with its terms. s. Lessee agrees that: (i) it will do, or cause to be done, all things necessary to preserve and keep the Agreement in full force and effect; (ii) it has complied with all bidding requirements, where necessary, and by due notification presented this Agreement for approval and adoption as a valid obligation on its part; and (iii) it has sufficient appropriations, or other funds, available to pay all amounts due hereunder for the current fiscal period. LESSEE: Signature: (Highest ranking official at Equipment location) Title: Attested by: (Signer of Lease) Title: ACTl1AL EQUIPMENT ACCEPTANCE DATE: '" 9;f -/71f 04/27/95 10:15 '5'719 576 0370 JOIIN-GLC Ij!J 008/011 Farm 8038-G InformatIon Return for Tax-Exempt Governmental Obligations ~ Under Internal Revenue Code sectlon 149(e) .... See separate Instructions. (\JIG Form 8038~GC if the lsaue price is under $100,000.) OMa No. "45-11720 (Rev. May 1993) DIpaMM#II at ... Tnllllury InWMl ftneRII; Servic;e 'Re ortin 1 lsSlJB('8 name Authori 4 floparl numbar G19 6 Date of issue 3 Number and street (or P.O. box if maills not delivered to street address) . S City, town. slale, and ZIP code 7 Nama of lssue a CUSIP Number check a Ucable box es and enter the issue rice _pia 9 0 Education (attach scheduliHlee Instructions). . 10 0 Hea~h and hospllal (attach schedul&-SBe instructions). 11 0 Transportallon , , . . . . . . . 12 0 Public safety, . . . . . . . . . 13 0 Envlronmenl (Including sewage bonds) . 14 0 Housing , . , . . . . . . . 15 0 Utilities . . . . . . . , . . , 16 0 Other. Describe (see Instructions) ... 17 If obllgalions are lax or o\her revenue anllclpallon bonds, check box'" 0 18 If obi ations are in the form of a leasa or installment sale, check box'" 0 Oescri tion of Obli ations $ lbl lnt.rcsl ra10 Ie) Iuue price inal Proceeds of Bond Issue incrudln Proceeds used for accrued interest . . . . . . . . . . . Issue price of enllre issue (enter amounl from line 20, column (c)) , Proceeds used for bond Issuance costs ~ncluding underwriters' discount) 23 Proceeds used for credil enhancement. . . . . . . . .. 24 Proceeds allocaled .to reasonably required reseNe or replacement fund 25 Proceeds used to refund prior Issues , ' , . . . ' . .' 26 Total (add lines 23 through 26) . . . , ' , , . . , . , . Nonrefundin roceeds of the issue subtract line 27 from line 22 and enter amount here, . , Oescri tlon of Refunded Bonds com lete this art onl tor relundin bonds Enter the remaining weighted average maiurity of the bonds to be refunded . . . ... years Enter the last date on which the refunded bonds will be called ~ . . . . . ... Enter the date s the refunded bonds were Issued ... Miscellaneous 32 Enter the amount 01 the state volume cap allocated 10 \he issue , . , , . . . , , ," 33 Enter the amount of the bonds designated by the issuer under section 265(bl(3XBl(~(III) (smaD issuer . exception). . . . . . . . . . . . . , , . . . . . . . , . . . . . ,... 34 Pooled financlngs: a Enler the amount 01 the proceeds 01 this IsSue that are to be used to make loans 10 other governmental unilS ... b II this issue is a loan made from the 'proceeds of another tax-exempt issue, check box'" 0 and enter the name of \he issuer ... and the date 01 \he issue ... 35 If the Issuer has elected to a a enall In lieu of rebate, check box . . , . . , ... 0 . Undef pet\lllies 01 periury, I deClare thai 1 have examined thi5 rlllum and accompan~ng SCfIedull$ and slalemenls, and 10 the beSt 01 my luIOwIedge and beliel. they are true. correc:I, and c:omplete. Please Sign Here ~ , Signature 01 officer Dale ~ Typ~ 01 prN'l1 name ~ llde Col. No. 637735 Farm BD38-G Ill", H31 For Paperwork Reduction Act Notice, see page 1 of the Instructions. rJ 04/27/95 10: 16 '8'719 576 0370 JOHN-GLC ~ 009/011 A 5-/5'0 UNIFORM.COMM'ERCIAL CODE - FINANCING STATEMENT - FORM UCC-1 '::;;l"~. Ipo. "1, ~STRJCOONS' al..~Eat 1.Pl...EASETYPE1tEfurm.Fcldoriyalongpertoratlan~mailing. IINOKA.....~ 2. RonKMlSoalredPaftytnlDeblor oopi8slnillUl'ldotlW3c:op1uWith~carlxnpapermlhellklgollcer. ErcbM~1ee. te1214:i1""11~ 3.1I1he.pacepnMdedIorBflYIIefniIS)onlhD lormlslrllldlJquld8U.~lehDUldb8C01'1t1n\JQdonllddillOn8l"",pnllwebly6~Jl8"or8"1I.10".0"Y onecopvd sUC:tl. aCldltloMl sheets need bQpresent8d to the IiIngatlicer with a B8I or Ihree cqlIes oIlhllli/llll'lCiPJ sbllefnlat Lang l!lCheIUO&oI coIRIenlI.tndBNlHS, ole, may be on i!Ilrf IliZ8 paper hIls COfI'o'III1ienIlor the Il8Qlred patty. nIcate tIw numbfr ct 8d:litional sheets alIached. 4. II collawalis CIOpsor~whlct1areorarelobecol'n8l1X1ums.deaCrIlegetlflfally hreaJesl8Ieardr/'l8nameafl8Cordawner. 6, 'MIen a copy of h IMKU"lty agteelllefll is UIWllIa8a rlN8lCinoslaklmenl,it is requested lhal iI be ac(lDI'llIIIl1kldbv aCCl11lle*lbulunsignDdset 01 theao Iomw. wiihout M...... 6. At Ih8 UI1'1'1 or original fiIng. lillng offlcer shluId return 1Wn:l COI7i 8$ an ackr\I;MIedg9mI At alalllr lWne. sec;un'ld pvty mBt dlUDlRI aign TenNnaliDn Legond and use _1r*d~..Mjllbr,rOOQ.\kx'IS~. .- -.-_...-- .., --.. - - .,.. "-'-~' --- ---- This FINANCING SlJ\TEMENT is presented to a filing officer for filing pursuant to the Uniform Commerclal Code: 3. Maturity da~ (if any): 1. DebtOr(S) (Last Name First) and address(es) 2. Secured Party(ies) and address(es) For Fnlng Offteer (Date. Time. Number. and Filing Office) Tax ID/SociaI Security No. Tax IJ/Social Security No. 4. This f1nancmg statement covers the following tyPEnl (or items) of property: 5. AasIgnee(s) of Secured Party and Addrass(es) Thill rdalement ls filed without the debIor's signature to perfect a sewrity Interest in ooI!ateral. (check f!I u so) Filed with: o a1readv SliJiecl to a secwity interest in another ;..risdictiJn when it was broJght lnta tnis state. D which Is ~ d tt-e .. coIlatend described aboYe in which a secur InIBtasl was perfectect Oleck lXI if covered: 0 Proceeds of CoItalel'aI are also covered. 0 Produds of CoI\alefBf Bre akso COV8f8Ci No, of addilCnal Sheets presented: By: By: -.,lslof_""'lYiiool SignalUJe(l'l) of 0ebt0r(1i) III Filing Officer Copy - Alphabetical STANDARD FORM - FORM UCC-1. / v 04/27/95 10:17 '5'719 576 0370 JOHN-GLC 1aJ010/011 '15-/50 MUNICIPAL CERTIFICATE TO MUNICIPAL LEASE AND OPTION AGREEMENT NO. M- 19____ (date Lease was , as Lessee, I, (Clerk or Re: Municipal Lease and Option Jlgreement, dated signed) between Government Leasing Company as Lessor, and the undersigned, the duly appointed, qua1ifying and acting Secretary) of the aforementioned Lessee, do hereby certify 19~, as follows; this ____ day of 1, Lessee did at a (regular or special) meeting of the governing body of the Lessee held on , 19____ by motion duly made seconded and carried, in accordance with all requirements of law, approve and authorize the execution and delivery of the above referenced Municipal Lease and Option Jlgreement (the "Jlgreement") on its behalf by the following named representative of the Lessee, to wit. (OFFICIAL WHO WILL SIGN THE LEASE AGREEMENT) (typed/printed name) (official title) (signature) 2. The above-named representative of the Lessee held at the time of such authorization and holds at the present time the office set forth above. 3. No event or condition that constitutes, or with the giving of notice or the lapse of time or both would constitute, an Event of Default (as such term is defined in the Agreement) exists at the date hereof. 4. All insurance required in accordance with the Agreement is currently maintained by the Lessee. 5. Lessee has in accordance with the requirements of law, fully budgeted and appropriated sufficient funds for the current budget year to make the Lease Payments scheduled to come due during the Original Term and to meet its other obligations for the Original Term (as such terms are defined in the Agreement) and such funds have not been expended for other purposes. .IN WITNESS WHEREOF, I hereunto set my hand and the seal of the governing body of the Lessee the day and year above written, (clerk'S or secretary's signature) (typed/printed name) (SEAL) Subscribed to and sworn before me this ___ day of 19____ (Notary Public) My Commission expires -1 04/27/95 f5 -/52> 10:18 -&719 576 0370 JOHN-GLC ~011/011 HOft. THIS LETTER MUST BE HE-TYPED ON THE LETTERHEAD OF THE LESSEE'S ATl'OIIHBll'. OPINION OF COUNSEL 199_ GOVBRHHENT LEASING COMPANY P. O. Box 60519 Colorado Springs, CO 80960-0519 He I Agreement. No. M- Ladies/Gentlemen: I have acted as Counsel to (the .Le....., with ~.ap.ot eo the oertain Munioipal Laaae and Opeion Agreement No. M-' (cho -Agroemenc") daeed , 199_ by and between Government Lea.ing Company, the Lessor, and , the Lessee, I have reviewed the Agreement and such other documents, records and cer~ificates of the Lessee, and appropriate public officials as I have deemed relevant. and I am of the opinion thatl 1. The LeSsee is a political subdivision, with a substantial amount of one or mare of the tax, eminent domain and police powers, or is an agency, of tbe State of ; 2. The execution, delivery and performance by (typed Or printed nama / of official signing all documents I title of that official) haa been duly authorized by all necessary action on the part ot 3. reement constitutes a legal, valid and binding obligation of the LeSSEllI and s enforceable in accordance with its terms; 4. interest components of the Agreement's Lease Purchase Payments under the Agr ement are not includable in gross income for U. S. Federal Income Tax purposes, and, 6. 7he e is no proceeding pending or threatened in any court or before any governmental authority or arbitration board or tribunal that, if adversely del:ermined, would ad"ersely affect. the transaction contemplaced by the Agr8811l8nt or the Decuri~y interest of Lessor or its Assigns, as the case may be, in eha Equipment. Very Truly Yours (Counsel for the Lessee) NO'1'E: IF '1'Im ATTORNEY lIAS ANY QUESTION.S OR CONCERNS, OR IF ANY CHANGES ARE RBOUIRED, PLEASE CONTACT GOVERNMIlNT LEASING COMPANY AT 1-BOO-B22-8070. THl\NK YOU. <;;