HomeMy WebLinkAbout58-Purchasing
CITY'" SAIl ....1WIiH~......-r FOR COUNCIIAcnoN
Fnxn: . Dean R. Meech, Purchasing Agent
Subject:
Lease Purchase Master Contracts
1. Cityicorp North America
2. G.E. Capital
3. MNC Government Finance
~_~: Purchasing
DIIt8:
Synopsis of Previoul Council ectIon:
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Recomrnendld motion: .
Adopt Resolutions.
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Signetu
Supporting dIIta .tr...hld:
Yes
Phone: 384-5085
W.-d: NIA
ConUlCt penon:
Dean R. Meech, Purchasing Agent
FUNDING REQUIREMENTS:
Amount:
1-4{1\
Soun:e: IAcct. No.1
IAcct. DncriDtionl
FinlllCl:
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leil Nollll:
'~.n'A'
Agen4~~6'0 s g-
CITY" SAN _RNARDIN~ REOJEST FOR COUNCILClcTION
STAFF REPORT
The proposed acti on is for p 1 aci ng three (3) lease Purchase Master
Contracts in place with the City of San Bernardino.
This li brary of fi nanci ng partners already approved by the Ci ty and in
pl ace wi 11 save an extraordi nary amount of time in the processi ng of
lease Purchase transactions.
When lease Purchase financing is solicited you have eager vendors who
pursue the potential. which in itself takes time. But in the final
stages the transaction is subject to corporate or portfolio directors
attitudes. The results are invested time in bringing the bid process and
final concluding actions to an end that can be negated by the vendors
policy. This type of procedure serves no purpose.
The best utilization of lease Purchase Master Contracts in place is to
procure the equipment. then approxinlately two (2) or three (3) weeks
before takedown of that equipment call several or all of our in place
finance partners and get current interest rates . Current interest rates
will be be good for thirty (30) days. Then simply add a payment schedule
to the already existing in place Master Contract with the lowest
interest rate.
These contracts cost us nothing until utilized. The 1ength1y time it
takes for legal to agree and approve the contracts before action can
take place is already done. The City can move with dispatch in
satisfying the departments equipment needs.
As the contracts grow in number that are acceptable to the City our
"range of competitive interest rates grows. The extraordinary tillll! to
secure a vendor who may wash out due to certain circumstances is
eliminated.
Once lease Purchase Master Contracts are in place it is recommended the
financing of equipllll!nt should be negotiable. not acquired through the
competitive bidding process. lease Purchase is too important to overall
operations of the City. Financing interest rates can and have been
adjusted downward to the City's advantage.
To secure our primary mission of best advantage to the City. financing
must be a negotiable item.
The three vendors for lease Purchase Master Contracts proposed for
council approval are as follows...
1. Citicorp North America
2. G.E. Capital
3. MNC Government Finance
75-0264
The above three vendor contracts have been approved by the City
Attorneys Office and returned to Purchasing for proposed Council Action.
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RESOLUTION NO.
RESOLUTION OF THE CITY OF SAN B~INO A~CEPTING LEASE
PURCHASB MASTER CONTRACT FOR CITICORP NORTH AMERICA FOR THE
FURNISHING OF LEASE PURCHASE FINANCING.
BB IT RESOLVED BY THE MAYOR AND COMMON COUNCIL OF THE CITY
OF SAN BERNARDINO AS FOLLOWS:
SECTION 1.
That Lease Purchase Master Contract from
Citicorp North America, a copy of which is attached hereto and
incorporated herein as Exhibit "A", is accepted by the City of
San Bernardino for furnishing of Lease Purchase Financing:
pursuant to this determination, the purchasing Agent is hereby
authorized and directed to issue a purchase order for said Lease
Purchase Financing to said vendor: the Master Lease Purchase
Contract award shall only be effective upon the execution .of an
Agreement by the Mayor of the City of San Bernardino and the
tender of a Purchase Order by the Purchasing Agent.
SECTION 2.
This Agreement shall not take effect until
fully signed and executed by both parties. The City shall not be
obligated hereunder unless and until the Agreement is fully
executed and no oral agreement relating thereto shall be implied
or authorized.
The authorization to execute the above
referenced agreement is rescinded if the parties to the
agreement fail to execute it within sixty (60) days of the
passage of this resolution.
SECTION 3. No transactions shall be initiated under the
Master Lease contained in this agreement without the approval of
the Mayor and Common COuncil.
SECTION 4. The City shall not be obligated hereunder until
a lease purchase schedule transaction for material, equipment,
DR:ms\citicorp.res
July 5, 1990
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RESOLUTION OF THE CITY OF SAN BBRNAJU)INO ACCEPTING LEASE PURCHASE
MASTER CONTRACT FOR CITICORP NORTH AMERICA FOR THE FURNISHING OF
LEASB PURCHASB FINANCING.
supplies or contracted services is executed with the vendor under
this contract.
SECTION 5. 'l'he purchasing Agent, Director of Finance and
the City Attorney are hereby authorized to execute such documents
as are necessary for the administration of this transaction.
I HEREBY CERTIFY that the foregoing resolution was duly
adopted by the Mayor and Common Council of the City of San
Bernardino at a meeting thereof, held on the
day of , 1990, by the fOllowing vote, to wit:
Council Members:
~
AYES
ABSTAIN
ESTRADA
REILLY
FLORES
MAUDSLEY
MINOR
POPE-LUDLAM
MILLER
23 IIIIIIIIIIIIIIIIIIIIII
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26 IIIIIIIIIIIIIIIIIIIIII
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DR:II8\citicorp.res
July 5, 1990
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RESOLU'l'ION OF THE CITY OF SAN BBRNARDINO ACCEPTING LEASB PURCHASE
MASTER CON'rltAC'l' FOR CITICORP NORTH AMERICA FOR THE FURNISHING OF
LEASB PURCHASB FINANCING.
of
The foregoing resolution is hereby approved this
, 1990.
day
w. R. Holcomb, Mayor
City of San Bernardino
Approved a. to
fOrll and legal content:
JAMBS F. PENMAN,
City Attorney
~,o-~ 1- Gw~
DR:ms\citicorp.re.
July 5, 1990
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.. LllTATION ON WARIIAN1B. .-T1. HAl 0fII1tIALL HAVlIILICTID IOIH THI"w~JI' AND11tI._0II(I) '-
.... 1I-.oR . TO 11URG11U111tI1QI-~If. I 1117 ACMNO- ","iI AND MH1IIAT 11tI'llUlfl rll...a...
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CCI'fI~ 0fII OTtB DAllAGU OF OfIITO I ... 0fII ANY on. '.IIDN 0fII1NmY AI OUTOPOItltca'ICil:.i.o..
WITH THE EGUFMINT. INCI UDINQ IIUT NOT LIMITID TO THE UIII, I"IfWlOIllIANCI OR MAINTINANCI OF THE """If.
~ haNby .-igna to ~ during lie lAaaa Tarm. to lie _ panTl'll t by law. .. ~a _... 1.1, . any. IIlII . "..,
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II)' rtIISlII1 of any claimI of lAaIa willi rwpact 10 II1e Equipmenl, incluclilll lluI IllII IimiIIcl III ill CDlIclillclll, ~. warIcmanIl1ip, daIivary.
SI1iplnaft. inIIIlIlIlion, claIeclI or lIlhII MIl.
10. 11TLI; SECURITY AO""-..IT. rille 10 .. EquipmenI II dIIamed 10 III illAaIa III long _ no EwnI III 0aIIuI purlllll/ll1O Saclion
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MaIIIr lAaaa II tamlinaIed in eccarclance wilh Saclion 8 above or upon Ihlt __ 01... EwnI of 0aIIuI by ~ purlllll/llto Saclion
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~ hareundIr. '-- haNby 'al grl/lll1O ~ a firlllIld prior -.rtIy ....... II any lIIllI II rigIIlI, lIIe and ....... of lAaaa
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pnlCIIllI; fbl ... lIlIIlIlIa MaalIr lAaaa Including .. Laaing SchacluiIa ".., III iliad . a tlnlncilll .ll1lmllll avilllllcillllUCll MCUIiIy
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lIVI IIIld pertacllUClllICUIiIy inIIreII. ~ turtIlIr ... lIlII .. uniform COIMlaIdII CollI thai ., a 1lIlIr.....lhe flI/1iII ...
and...... III of lAIIOt.
l1J1I1.loNM. ............,.. The EquipnIIIlt II IIld II1II I'9IllIin, flIIIlIl" Illlljlll1y lIIllI thai IllII III dIIamed .. III .... or - 'lid lD
.... ~ or Illy building tharIlIn. II ~lI'U by L_. ~ IhII. II .. ....._. IumItllIO ~ a IIIlll101d or IIllII1gIgaa WIivar
WIll r-..a to lie EquipmaIII.
-
-
_. -
11. Ufl!,; ~ ~ I/IaI uu \lie !qUI~ ~ \lie uu _p'llU by" ~.. ~PI'1>on.
.111 ~ ;Wng ~ 8M laws. anlinanCU. lll8UI'ance . anc::~.;""'" la. and IIlaII ... ....~ CI!!II'o _- II" ....
toand..C1~_--" OUI 01. _ ~~ or..... .' ln~. aaIe COlt and Ul*M.1haII malliIllll......, ._11 'UDrdL.",
,-~. .1KaIlIr..._ .. or u.. elIUIV..... ..... .... ~ and .. ItCI1Ic:aIlan ~ ' ...__and .... ....1IIlICII
0111 ..IUCII~~_.. ~.w..... reqa..UI.IlI!~;':::r....fumllha llIIiI"':::=:"~ ~ ~ ~~ lIeaa_..........', ._.to
-......-.. ....... -, ~ -- -- .., . mall.... .......11. will
-'\lIlY' rr'r III 7to ~.and~ a ~ IMteclto ~.
.' ALTIM~ LAl!-It -, ....~....dCIl... ~orlmp_.to..llqI. '; .1II1l~~.JIIIar__1I,
..ncI1Ily _m.ld .'1 .~ cannat lie rudiIy -.cl wiIhoul daIllaginQ \lie Equipmenf. OI.~I i..1dICI bIclIan
or value IhalIlec:ame ... aI
14. LOCATION; .....-;1... IhaI nol be retllCMd tam, or II "liql'~ .......0. 1"1"1 0I1lIIlng IIlICk, II ,.._.......
IhalI nol be cIlangecItam, .. .. '; ...ill "ellio'l wiIIIaull.Ulor'. JIIIar wrilIIn _..... wIlIctI__. .... nol be..... 11 II1II, - ...........
~_~ be eI'llIIIcIand to:' upon \lie Equipmlnl L.lIcIliool or .1......... during ........ bulin... haullto inapeCI.. e. .~ ._1
or_.._UN opeJ .
11. LlINI AND TAXIS. ~ .... kHp \lie EquipIMnlIrw and cIIIr.. .. IIlIiII, ....1IllI --...rJau ....... CI.-cI
undIr... MIIIW ~L ~.... pay. wlwn due. II cIIIf'l~ and -(IIcIIRII. _1IllI1lICIlI wIlIctI mar _. IlInr~1 be
~~"~.~~"""""'purcf'lIqnll ....aI....-. ....11, . -~.hO ......_..- I Id
.., ~. I lilt ........_ _.... to pay IIiCI CIII/gIIand _ ..... due. ~ .... ..... .. rigIIl. .... ...... be Il-. . II.
to pay IIiCI CIIIJIII and ..... II ~ pays Illy CIIIJIII or ..... lor wtIIcIJ ~. II n I; I ...... . .... UIIlIIr'.........~
~...... upon dInw1cI, ......4.. ~ ....aIDf.
11. _ (III LOll; DAIlAOI: ....._"TlON. ~ 1111__ II......... dIlJl.lto......, ._1 fIaft.., ~wt' . JII.
IIld no IUCII ... 01. cI.- '1 to .. EcluiPn*ll.....,.... ~ aI.. .t-! - \ to lIIIIlI.. ..... "asllLj,.to ,4>...- ..,
~~ '::- =- u.:- ~ In .. -- 01..11 ...:=....... flIJlJ ~ ~I .... L._, T' 1.. ........-
~ ,,__ II J .., inIurInc8 ~ IhaII be to .. ..... ... II ~. IJIL . II ...., .....
... ":""""'_. _........ dl l_.ICI. cIamaged beyond...... I un.,........ ~.1IlaI: III f rnt....__..
.. ~'11'" in lIlllIlI repIir; or IbI . .. IIIIIl ,... PaynIIIlI ...., to L--. " .. IIlIDUJa...." I I _ rr ... ~ ~l~
IMI ng Schedule. including ....... PaynIIIlI cIue.1UCII cIIIt; -lII- __ nol......... ~n'I 111 ...... ~ lid
on...,...PaymenlSchedule..........llIunpaid.........;In..__..~.. no! . f.,,-- ~ . AI, 11;1:'
III ilia tIIan II 01... EcluiPn*ll 1fT I: IbICI on a L.Haing ScIl.'ti"- ~ .... pnMII' IT ..... ......1.. ............
PlyIMIlland .. 1IIIInce 01.. ,... PaymenlI on III AInIII ....."... ScIl.~... ... l'IlIIIlIli. \lIIPIId ...~. II ,,- .. ,to
..-..'---....--.....-..-.- ~,.
11. IN8URANCI. ~ IhaII, .. ill....... maInIIln III II..... CIuIInf" ~TIIllI, hllllll 11 dlf .....,
and plOpIIty dInlage ~ will I'IIIIIClto \lie ~ in IUCII __ _i. ... ...... _...... . be
.1I1111ClO;y to ~. The inIurInc8 liMIltIIII be in III __ nol ilia lIIIIl .. ~_. ....... ....~~.. 1: lor
.. ~ T-. Each ___ palIcy .... name ~ IIIIlInIuNd _ ~. ill 'J \0,.11_ . ..........
.. apprapriIIlI. IIllI ..... CCllIIIin a ... NllI*InlI ... __ to ... 1.IIIIlII'. II ......... ...._.. .'.IIlb..._1IlIlII>>
. 'VIy aletdon in tIIIl1rm1 01 ad! palIcy or III CII1C.-r"... .... , TIll ptGClldI d .., ... , -np...... ~ 1I to I 11111
.~ or lllIIigna,.. tIIIlr lrIlIrl" may 1ppUt. Upan ac, l~lINl1"" EquipmlnlIIld upon ..........lIIOI,.,. L'II r . . ~
...0lil dItIvw to ~ a c:enIlIcete evidInciIllIlUClllnMnricI. III .. __ 01 "" .... cIamIIge, ~ . mill nllfto.lIIulnI"">l 'W'II,
~ ..... Illlllllplly prcMcIe ~ wlIIl "'*" nollce IlIINoI and .... .......~. to "- .. ~.IIlM Tn and fa 1 MllI1l . .. - ....
lhINlO. Nalw'lhlllndlng t111111flgllillg, wlIIl ~'I JIIIar"'*" _.... ~ ....,...-inIln........, 1IllI.......tarwlllctl inIurIncI
II required.
11. INDEMNIFICATION. In till __ lIlaI ~ II nol a IlIIlI . p~" lul:II"jl.IDJl IlIINoI, wlIIIn .. -*'II .. 8IclIIon 103 .. ..
CoeII, or if ~, whelIIIf by ill UN 01 till EquIIlITllftl. by ill acticJM. onln'. II or by .., _.:et 'T,1., _..., irIlIIIIt
llIym111l.. MlIlll1h in \lie,... PIyIMIllSclllclulltobe lncIudIdin ~I'-~ ~......pay"u.or.II...I.r...
and any pal1icIpInII wlIIllUCh, III .ddIIoo1al .... wl:IIc:Il, lllg.... will .. IIlIlIllIll 01 irIlIIIIt to be _ by ~ UIIIIIr ... MIIIW
lIau,IlUlILIIIor, ill aIIigrIIII and.., ,**-i11 wlIIllUCh, in.. _....... pIlI'll......, -*I "-.....111 hIIlI...IllI'.__
bien IXCIuded from \lie groulnconll 01 ~. ill .11',..11 and .., lJIl1ioliP'" wlIIllUCII UIllIIr SIcIIlln 103 01.. Colle. In ....~
L_ agrHS III inde"'.-1iIy ~ againIt. and hold LIIIor. _ - 'g~. any jIIf1l~~" wlIIllUCh, IIaImln.tam, .., 1Ild.. CIIimI.
1CIiOnI.1lI'aceeclingl.IllI*"U'. cIamalIII.liallillllll or lOIIIIlincludlng. .... nollimlld to, 1IlOIIIIyI' lllallld COUI1 CClIMIIriIing in CCllIrIlCtllln
WIlIllhe Equipmenl. inClucIIng, but nolllmilld to, ill III.aroo, 1lWChaU, deIivIIy, pIlI....illn, UII. apIIIIiCllI or rel\lIll and ... IIGCMlY
01 claiml undIr inIurI/lCIllolk:iel lIIIrellrl.
1.. EVENTS OF DEFAULT. T11111/m "EVII1l 01 OIIaIlII", .. UIICI in IIIIa MIIlIt laaM. meana ... _ 01 any 0tII or more 01
\lie Iallowing ewnII: la' ~ ... III maIII any AInIII PlymIIIllor any 0Iher paymenll .. i111ec:om111 clue in ~1ClI wlIIl III lirmI
0/ Ihis Maller LI... or any lIUing Schedule. and any IIICh ...... COIIIinuea lor fIvI 151 dayI alar .. clue .. IIIINoI; lbl ~
fait. 10 IlIFform or oIlIIrfI any oIIler covenanI. condilian or ~. to be perIormId or oIlIeMcI by II ......... and ad! failure
is nol cllflcl wilhin Ian 1'01 days'" III giving 0/ wrilIen nollce IMtecIby LeIIor; lei III diacovIry by luIor lIlIIlIly I I .lIIIl.l'tIlI'.'lf1lIIilln
or warramy made by ~ in lhlI MaItIr laaM. Illy Lluing SchIdule or in Illy documenl _ dIIiverId by ~ IU..nI heNlO
or in conMClion herewilh II faiaI, mllle'ding or IIlIIIIICIUI in any ....... reapecl; (dl ~ IIeconIII i IIlIIVII1l. II UIIItlIe to pay -
deblI II tney beC:ClmI clue. makU an 1IIigr.menllor ... 1leIIIllI.. CIlIdlIln, IIlIlIIeI or COllII'* III \lie ...poil1l/l..1t 0/ a .-cl.. 1nIIIlII.
conlllVator or liquidator 01 ~ or 01 all or a IUlIIIanliIl part 01 ill ...... a pRlion lor ralief II fiIICIby ~ under IIdIral bankruptcy,
inIolvIncy or Iimilar IaWl. or a pRlion in a proceeding under any 1IanluupICy. inIolvIncy or rimiIar IaWl II fiIICI againII ~ and is
nol dilmillld within Ihirly (301 claya lherealllr; (I) ~ ...... an advIraa maIIIiaI changI in ilIlInancill concIIIion or opeJdCIllllnlm
\lie dale hereof and, II a raauIl. ~ dIImI ilIIlf inIICurl; or (II LI_ ...... be in defauII under Illy oIher agrMIlII/II IXecUlld It
any time wiIh luIor. ill a"" or L_'11IIignIe or undIr any 0Iher agrllt1lllll or inIIrumenIby which ~ isllound.
20. REIIEDlES. Upon Ihe OCCIl/TllllCI 01 an Event 01 Defaull. ~ may. a. ill oplion, IXerciIe Illy _ or more 01 \lie lclIlowing remlClill:
,~, l1y wnIIIn notiCI 10 ~. declare an amounI aquallll III amaunIIlhIn clue under IhiI MaIIIr laaM and II remaining ,... PaymenII
, shaH IlecomI due during \lie Leall T.-m 01 Illy or III LeaIing SCllldulelto be ilnmllI'.l.", clue and llIylllle. ....upon ... I11III
~. ~I beC:ClmI immedialely due and llIya11le; (b) by wrilIIn IIOliCIto ~ requIIl ~ III (and ~ agrMIlIlIIlllIIalI\. III ~'.
IXpanae: JlrllIlIplIy ,..,., \lie EquipnllnlIUl:lject 10 Illy or 8M l...lng Schldulelto ~ in \lie Inanner Ml lorlIl in SecIion 8 1lerIOI.
or ~ It ill option, may .., upon \lie llNIllisll wIJIq .. Equipment . lOcaIId and ... IIlIl1IIdlIII pili" :. 0/ and --
\lie I11III' wiIhOUI MIbiIiIy lor IIICh Intry or lor dama9I III IlRlIl'l1Y . CllIlIlIlrill; lei ... Illy or all 01 \lie EquipmlllllUl:ljeCllll any or
III LIIIIllll Schedulll II priv_ or puIIIIc ...., WIlIl or wiIIIOuI nollce to ~ . 1IIIo.lIillm... or IeaII \lie EcluiPn*ll or 1UIIIe_
~ lor Ihe accaunl of ...-. holding ~ Iial:lIe lor (II 8M RenIIl PaymenII and otIIIr IlIYJll1l* clue .. 0/ ... III atvI .. 01 IIICh
-
- -
-
. . ,...--..--. ~-. '~"'''t eltW '"'WI.' ....wwme ~tQ ~ N ~ ..-
or .IID....1I ~ 10 _II MIe. IMM or 1IlDIe_ IIlCI IIle remain'ng IIllOUIIlI IIlIYIIIIe lIV lie __ "-::_~~_
MV lIlIlel ,,)Ill."" 0I1lfl\11'a' wIIIcIllMy be .v...... WlIlundlr ........ law. ir-<Ulllng lie ... 10 (II . ~
caun aalIan 10 -..n- .. IImla at .. ...., ~ (iil recUr damaWfor IIle InIIcIl at tIliI M.-r I.MM. and ( . tIliI
MIl..- ~ _10 q 01" at..l....n" Schedl.....
In .....-. -. ~ IflIII -w. lIIbIe tor .. ___ IIICIIndemniIIM lIIIder .. ...., ~ and tor II I11III'" and alIlIr_
... .......... including caun ClIIII. incurNd lIy Leuar wIIllaplCllD .. .nflln:amanl at q aI .. ,.,.,... Ii'*IIlIlIllIe 01 _ alIlIr
...-ell' 111...11....10 ~. -.,
2 \lLY PURCIfA. mar. CIII q RanIIl Paymanl 0.. will /MPICl1D. '1111... SctIeduIe. upan",.-t ~
pt. AIiIIIn IIIllIce 10 ~.. L-. IflIII haw Wv paid IIICI jIIIb....., .. alIlIr IllllIaaIIIlna hlnuncIer and ...4. '1'1 d IIIl
EwnI aI 0IfaulI1IM lICCUIlW .. . pay 10 Leuar IIle appIlcaR* IIlICUllIll blh CIII MV ..... PaylllInI Sc~ I ill... - ....
10" tpplIcetllt In.ing "10.. Equipmlnltllll:llI.1I wIIllUCllln.ing SctlIduIa IflIII b.=all1l",lOOf -<:3"1 ~
...... In ~ and "- qand" alII right,"and InInIIIn IUCII fcJilIJllIIIID ~ Mil,.... 11,.....
-1lV.~ 0I1mp11al1. __.... ~ 1flIII......1D ~...... Eqllip__ line _ clIIr alqlilnl CNIIIlI"~.
za. AI_---, WWIIlUl Leuar'. pIlor _ CIll.... lMIaa IIlIlIIIIlt c.l1IIign, ....... pIadgI, IIypaIJacaIt "... lIlY ~
inllnIIln. "lllIlIIlIliM --",DIe 1lI.......,~. "lnilNIll...ing SchIduII.IIle LiMing ScIlelIuIaa ".. EqlIilI~". "qlnlnll
in q aI.. lIll.p1ll "1bI1Ub11t "land .. Equipment " pennil ilia EquipmInIID be uaad Ill' ..... alIlIr IlIn ~ " ~o.
-'..~...
"-. wIIIIlUl.. ....... all -1ITI. may -.ign .. "lIlY IIIlIlIIln "1IIlIllIll- alII right, .. _ .....In ...1Il iIIIa .......~
any l. .Ing SchIduII. .. .:q, 'p rTlIIIl _ lIlY alIlIr cIIlcumInIa _1lICI will ...... III .. ..... ~ IIIlIIor ..... ...... II
or lIlY pllfliCIII . =--- aI .. ~ ~ In .. ...., ~ -:.. u-..' III Sc* ~~ ~ _",':. ..', _01, In ......In _Ill
".... T ..-.... 1lIII*"..-.-.andq_1IaNiI h f INdlD_IIt, alW 1lIIlIl'~ III1l.ATI'tl..
maypnMda",~,,".IoI"J_""actll'llIlHI" ._........tor......aI...- , allIIII'r r In...........
L-. "mar pnMde.... IIlIoIt l1li\''-'- "..... .... act_ ~ IAt I1'a - _... ..... tar IIIY.Io 'w _,..-. n JIlT fir" ..
...... 1~Hfa.. aI.. _ and ........ aI....... ".. ......_. CIlPr aI..IIIlIllInI.......1I1 0 - l a 1Or.'-'-
~ illIIY. Ant IUCII .Iou' allM ..... have .. aI .. 'T''''''. .... aI ~ lIIIder .. ..... ~. ~lblnllD ..... ,JliIl$.
IhiI ...., ~ IflIII inIn 10 .. ...... aI _ II IIIndIng upan .. ..... at";' r ~ .. _1II.1lIL I _ ~ II III'''' 11, aU.
~~ ~ -!!."r. "n l"alto.1 aI any aI ~,1IgN. ~~.. In" -:.~ IIIYJJ.' _ IIiI . . ~- "
1IIe _.-.. -- _ . IC.1M upan .... ~ lMIaa .... __ -..._ ... ___ ........ .... J J .
:Jl' ......_. II made. - · l'1g" __ addreII aI eaclllUCllAI t'a lhllld, .... ~ ~'I.. wllIlm UIlarr~ 1111 .haI1 ..
shOuld be made. Duling .. ~ T..... lMIaa __...1..... .... _~IJI>. _ nil ... _ alII. 11\ 1>..... Iann
n.CI...ry 10 c:amply will SaclIIln 141111 allIIe Cocle ancIlIIe ~' "t>-w. PRltlIIUd "..-10Il1o IIIlm lime 10 lime
11~~~='''lDaclaIClJfT1~.In",q'''._.illIIlInqU tlld
..- 1HAT. WON NOtICI cw A'."- ~ I,. to --.c1ID" IHALL PAY .DI~1LY 10.....
ITS TIIUIftI 011 MI.". wmtOUT AllATIMINT. D.UC1ICl8 011 1I'fOIIII. ALL AMCMna ...IIU'..
IlIl. ~I" jlC- ... ntAT IT IHALL NOT AIIl L.~ANYA"I'r~ 1IIUI1II 011 A_n ANY .
COUNTIIICLMIOIIIIrrOfIIl ON ACCOUNT OF ANY f1UlON WtlA1IOElIIR WIfIf n ..10 "" _aN .011'
on.- AIIOUNTI DUI.--1Il 011 WITH RDPICT 10 ANY ACTION IROUCItfr 10 OMAIt PIlII L l'IICtt OII....IQlW-ff
Pl' 'ANT 10 TlllIIUTIIl L.A.
23.. .I'URI OF ACt~'INT. l.-... LIaaa IIlIIM IIIlI II" ~"IlIIlI...tor laderaI inCIllna III plIIpIlIU," inlINIl aI ~
;n .. EquipmInl iI . . IICUIlId pany ancI .. inIIrIIt aI ~ II II . dIIIlar. _1Ial ~ IIIIw ilia nfII .... ... lIlY ....,
In .. EquipmInl. 1 1;1" 1lII-1 all.- _ LIaaa ... ..... 1_.... JIIIJlllII. JIRIl'~T r tor CIII anr ..... "'_: 1cIladIa.
CCIIIIliUt .. purduiaI price aI .. ....... EquipmInl kI.... will ...... CIII .. II-*ad 1IIIlIlIIlI.... _ ... I .... aI..
..aaing ScIladuIe. IhIIIICh 1lI11ull1lV i nOT'" aI ... CIlIlIIlIl*I p(,l1Cipal1lld inIIrIIt . III lIllIIt In .. ..... Paymanl IV. r ~ whIcIl
fully I/IIOI1iu. lIIe PUIcIlIa price allIIa ....... EquipmInl. taa." wilIl ........ _.. 111m aI.. I ....III SchadulI, and" upan..
:lua ancI punc:tuIl paymanl aI II In 11.11l1II. aI RenlII ........ IIId 0IhIr IIlllIUnII ... clJllg .: 1& undIr .. In.lng SchIlIuIe. ... 10
,he ....... Equipmenllllal VlIll pennananlIy In ~ II prIlVicIId In Ilia MIIlIr LIIu, .... IIId c:INr aI any IiIn or MClIIy aI LIaor
'118Nin.
24. NOTlCIS. AI IlIllicaa 10 be giwn undIr Ilia MIIlIr ~ ..... be made In wrtIng _ IlIIiIIcI ~ lIIl1IIIcJ mall 10 .. alIlIr I*IV .
IS Mi_ III torlIl IlIIwIn or II IUCll McII_ II .. I*IV may pIIlVide In WIllIng IIIlm lime 10 lime. Ant IUCh IIIllice .... be ".1ICI1D
-- '*" giwn live III dIyI.-.cpIMID IIIIiIIng.
25. SECTION HIADIIlGI. AI MCtilIn II..diug. CClIIMiMd IlIIwIn ... lor IIle lIllfl........ at .......a only ancI ... not io....-.s III cMIne
)I' 1imII.. Ic:IlIle aI any prIlViIiIln allIia MIIlIr LIaae.
21. GOVUU"O LAW. This MulIr ~ .... be gavemad ~ lIIe pnwiIiane '*-aIand lIy IIle hi allIIe IlIlIIn whIcIl .. EquipmInl
5 IIlcIIIc1
27. FURTHIR AIIUIlANCII. LIaaa 1flIII. . :"". " pIIlVide, II ~ I r III Ill' Leuar anr ~ and illllln1*l. whIcIl _ r. IIIIIv
-''''Y wIIllIII*t 10" _ "1M CQ""" 'r' IIl1y Ilia MIIlIr ~ LIaaa....., dIlIilZu LIaor 10 __and.. CIIIIlIIlII
)t ~ IIICI II LIaaa'. ...1&. In lIcllUCll UCC lInancIng _ CllIlIinI.-an . __. II LIaor cIIamI Me,""".., 10 ___ II ancIJ
)I lllIIign'. inIIrIIt In" EquipIMnI "1Iia1lll_"
ZI. ENTIRE "(11 ..-T. TlliI MIl..- L-. IClIIII* wilIl .. UIIIlII -- "1ad ... ancI made . part '*-aI and 0IhIr -r , IvnIIb
__ IIId IllIlIr ~ " -..-.. _1lICI Ill' ~ ... LIafIIIn CIll....... ....l1li, CCIIIIIIUI.. ..... ...... llIIL.lln
he I*'Ia will IIII*t III lIIe __ aI the EquipmenI. and IhiI MIIlIr ~ IflIII not be IIIIldlIId. _1lIId. IlIIINd " c/wlllld __
NIlh .. wriIIIn ClII'" aI LIaaa IIId LIafII. L .
ZI. RVIRA8UTY. Any prIlViIiIln allIia MIIlIr ~ IlIund 10 be prohibilId ~ In IhaI be ~II"'" 10 lIIe .... allUCh pIIlIliblIilIn
NiIllIul invIIidIlIng lIIe I8IIIIindIr allhiI MIIlIr ~. .
10. WAIVER. The WlIivlIr ~ LIafII aI any IIrIICh ~ LIaaa aI any lIml. .eovenant " ClIIIdIIIoo. '*-aI1haI not aperIII . . _ aI
II1Y .' obIaquenI brIIch '*-aI.
.es.~ CItIcotp NorfIt AnNdca, tic.
lESSee.
---
>ATE:
SAMPtE
BY: X
~_tuRI
IV:
___mLI
___mu
DATE:
AUIh..--LL ____ MID mLI
- - -
.
.
o
o
~.....~
.-.,
SAMPlE
~
;:
L0CA1ION OF !QUI'''''-
ADDRESS:
CITY:
STATE:
COUNTY:
ZIP:
CERTIFICATION
Ln... '*:;:;.nll"'- lie IIIU,IplIon of the property Nt fortlllbove COIl111l1dll an ICCUfItI account of the
Equipment. 10 In lie JJ1..tr LMIe.
Ln...:
(MunidpIl EnlIly)
By:
(AuIhorIZId SignIIure)
(PrinlId Name and Tille)
Date:
-
o
.-.
.
.
o
DIUVIRY AND A"_ ,NICI"llI'l~
1, AUt.. .. 'J llII1lMl bIIn .1.'-.10
=1,-r~...~:~.::-- .... :_, ........
iB.,........Hl1\lll1.. . . ... ';;
... ". ...... at.... 11t!M.\. 'l!lIGif...' . ...
...,,--..-..... . ....~=--
2.InE' ............ ill ........f9'41..r.fr.;.......~I~!,W".. ..... ........ .'.'.:
10 ..ltnr"-lnllrU/lU".' ...... '.. .~. .
In' '~." WI . at IluIiMII and".J . " ...... 11II .~}<. . ! .
lor........
3. I~E::~_ 1I1lIIhIr.. -- '*a:~"II.1Vat=.~ .'-~
:;W' or lImiIIIIV wilt...... . ". . . ~.. . . 'l1i\t'J1fIClf
. .
4. 1M..... runIler lor ltKhlllm 01 EqllIpl..... wtIIcIt..1II farIl Ol'l EldlIbIt A 10 '-II l' .'lalll' .1
II c:Gn*ll . .
" ,
.., .
"
,
This ~.... nae lie CGlIIidMd to .... COl'lIWe, or 1IIIIIld........ at.. ..-.~
L.....:
Date:
By:
W1lMu
~..t.a-t.....
-
- .-
-
. 0 cmcoRP.NOR~
, >"-',
LIMIII .,
..... al.~'Ar_1f WJJ .,1..-'
,.. , CIII~
o IL.'" ...' ............ ~ .....",
C --11' f ' '.IIIM
IllIIIIIIlI (QIIIIc ani! .... D.- "'1 ..... "'''''.4.l1li I
C ..,.............__a.-.
11M'" fJIIuWIl nt 1IIIillW......~ ICIIIIMII..
R ............. ..... II ~.Iunt~ - IIID ...-:
~ Ou . ~ -+ ,... COlt .
1
a
3
~
5
8
7
8 f; :\'- T
9 ft ~I~ ;
10
11 I.!i::::.
12
13
1~
15
18
17
18
19
20
21
22 .
23
2~
25
28
27
28
29
30
31 .
32
33
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....
-
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9. The CUlIllt .... PlIl*Id 01 L..I .1 endI an ; tile next
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Name TllIe SIgrlIlln
IN WITN.II WHIReO', I have duly e.ecuted this certificate and affi.ed the sea. hereto this - day 01
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(Munic:Ipa/ Entity)
By:
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(PI"" Namel
CNAlDf 1123-e11 un
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The. .. mOT If UI8fuI.. Of IUCh EqWpnIl/ll..... upon 1IlIIlIIflIIlII,,-111 1 .0 -.... 0lI' ..1lljeaI.........
Our aourc:e ol fundi lor paymIl" ol.. NIlI due under" ~ lor.. e&mnIlIcII ,.., II
w. expect lIIlCI anlIcIpr- adequate lunda to be evelIebIe lor.. flUe paymenllI 01 renI due..... c:uIftIltllcll ~for"
loIIowing re_ a..:
Very nIy yours.
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CNA9PG 1123-EU 7-17