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1995-004-RES WHEREAS, CITY COUNCIL DID AT ITS SPECIAL MEETING ON SEPTEMBER 19 1994
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1995-004-RES WHEREAS, CITY COUNCIL DID AT ITS SPECIAL MEETING ON SEPTEMBER 19 1994
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8/18/2006 4:32:12 PM
Creation date
4/7/2005 12:31:10 AM
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CITY CLERK
Doc Name
1995
Doc Type
Resolution
CITY CLERK - Date
1/9/1995
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<br />cuotomer No. <br /> <br />965000 <br /> <br />Lessee's P.O. #1204 <br /> <br />Agreement No. 941212 <br />Dealer No. 590000 <br /> <br />LEASE/PURCHASE AGREEMENT <br /> <br />TYMCO EQUIPMENT LEASING COMPANY <br />TAX-EXEMPT FrNANCE DIVIsrON <br /> <br />LESSEE <br /> <br />LESSOR <br /> <br />. City of Paris. <br />135 1st Street S.E. <br />Paris, TX 75461 <br />903-~85-7511 <br /> <br />TYMCO, Inc. <br />225 E. Industrial Blvd. <br />P. O. Box 2368 <br />Waco, TX 76703-2368 <br />817-799-5546 <br /> <br />DESCRIPTION OF EQUIPMENT <br /> <br />------------------------------------------------------------------------------------------ <br /> <br />QUANTITY <br /> <br />(TYPE, MODEL AND SERIAL NUMBER) <br /> <br />UNIT PRICE <br /> <br />AMOUNT <br /> <br />------------------------------------------------------------------------------------------ <br /> <br />.1 <br /> <br />TYMCO Model 600BAH REGENERATIVE <br />AIR STREET SWEEPER <br />Sweeper Serial No. <br />Truck Serial No. <br />Finance Amount <br /> <br />$ 86,599.25 <br /> <br />------------------------------------------------------------------------------------------ <br /> <br />TYPE OF ENTITY.(COUNTY, CITY, SCHOOL DISTRICT, ETC.): <br /> <br />City <br /> <br />------------------------------------------------------------------------------------------ <br /> <br />FULL <br />LEASE TERM <br /> <br />RENT PAYABLE <br /> <br />MONTHLY RENTAL <br />PAYMENT AMOUNT <br /> <br />RENTAL <br />PAYMENT SCHEDULE <br /> <br />---------------------------------------~-------------------------------------------------- <br /> <br />60 MONTHS <br /> <br />xx ADVANCE RENTAL <br />ARREARS PAYMENT $ <br />~ MONTHLY RENTAL TAX $ .00 <br />QUARTERLY TOTAL <br />SEMI~ANNUALLY PAYMENT $ <br />ANNUALLY <br /> <br />ADVANCE PAYMENTS <br />NUMBER 1 <br /> <br />1@$1,685.29 <br /> <br />REMAINING PYMTS. <br />NUMBER <br /> <br />59@$1,685.29 ea. <br /> <br />AFTER <br />COMMENCEMENT <br />DATE <br /> <br />------------------------------------------------------------------------------------------ <br /> <br />EQUIPMENT LEASE/PURCHASE AGREEMENT <br /> <br />In consideration of the mutual covenants hereinafter contained, the parties agree that <br />Lessee shall lease from the Lesoor the property described above (the "Equipment"), <br />subject to the terms and conditions oet forth herein. The agreement is made upon the <br />following terms and conditions: <br /> <br />1. RENTAL. Lessor and Lessee understand and intend that the obligation of LeGoee to pay <br />rent hereunder shall constitute a current expenDe of Lessee and shall not in any way be <br />construed to be a debt of Lessee in contravention of any applicable constitutional or <br />statutory limitations or requirements concerning the creation of indebtedness by Lessee, <br /> <br />EXHIBIT A <br />
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