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1997-022-RES WHEREAS, CITY COUNCIL DID AT ITS REGULAR SEPTEMBER 9, 1996 MEETING IN ORD NO
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1997-022-RES WHEREAS, CITY COUNCIL DID AT ITS REGULAR SEPTEMBER 9, 1996 MEETING IN ORD NO
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8/18/2006 4:31:39 PM
Creation date
3/2/2006 4:20:45 PM
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CITY CLERK
Doc Name
1997-022-RES
Doc Type
Resolution
CITY CLERK - Date
3/10/1997
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<br />Page 1 <br /> <br />Lease No.39870 <br /> <br />This Equipment Schedule dated as of 2/12/97, is being executed by Ford Motor Credit Company (IILessor"), <br />. and City of Paris(IILesseell), as a supplement to, and is hereby attached to and made a part of that certain <br />Equipment Lease-Purchase Agreement dated as of 9/2/93 (IILeasell), between Lessor and Lessee. <br /> <br />SCHEDULE A-I- EQUIPMENT LEASE-PURCHASE AGREEMENT <br /> <br />Lessor hereby leases to Lessee under and pursuant to th'e Lease, and Lessee hereby accepts and leases. <br />from Lessor under and pursuant to the Lease, subject to and upon the terms and conditions set forth in the <br />. Lease and upon the terms set forth below, and following items of Equipment: <br /> <br /> QUANTITY DESCRIPTION (MANUFACTURER, MODEL AND SERIAL NO.) SUPPLIER <br />, . 1 One Ford New Holland 5030 Tractor with Terrain King Versa Mower, LaRue Ford <br /> . , (S.N.055063B) with 04311 Tractor Co. <br /> . <br /> . <br /> EQUIPMENT LOCATION: City of Paris <br /> Public Works-Street Department <br /> . 135 First Street S.E:, <br /> Paris, TX 75461-9037 <br /> <br />Inhial Term: <br /> <br />36 Months <br /> <br />Commencement Date: 2/12/97 <br /> <br />Periodic Rent: <br /> <br />35 Consecutive Monthly Payments of $995.32 each (including interest), followed by one final <br />payment of $995.04 due under this Lease-Purchase Agreement. The Periodic Rent Payment <br />also include any applicable sales/use tax due and payable on the Lease Payment Dates, set <br />forth in Schedule A, Page 2. <br /> <br />EXECUTED as of the date first herein set forth. <br /> <br />The opinions expressed in the Opinion of Counsel dated 9/2/93 provided to Lessor shall apply to the Lease as , <br />amended and Lessor may rely upon such opinion as ~ tt were addressed and had been delivered to Lessor on the <br />date hereof. <br /> <br />Attorney for Lessee <br />TK Haynes <br /> <br />EXHIBIT.'A . <br />
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