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08-A Municipal Lease Agreement for purchase of equipment
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2006 12-11
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08-A Municipal Lease Agreement for purchase of equipment
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Last modified
12/8/2006 7:35:37 AM
Creation date
12/8/2006 7:35:35 AM
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Template:
AGENDA
Item Number
08-A
AGENDA - Type
RESOLUTION
Description
Approving Municipal Lease Agreement for purchase of various items of equipment
AGENDA - Date
12/11/2006
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<br />TABLE OF CONTENTS <br /> <br />PAGE <br /> <br />1. LEASE ............................................................................................................................... ...................................... 1 <br />2. TERM, TERMINATION AND NONAPPROPRIATION ............................................................................................. 1 <br /> <br />3. RENEWAL OPTION ...... ................................ ................. ............. ............. ........... ................... ............... .................. 1 <br /> <br />4. RENT .............................................................................................................................. ......................................... 1 <br />5. NET LEASE; OBLIGATION TO PAY RENT UNCONDITIONAL .............................................................................. 2 <br />6. LESSEE'S INSPECTION: CONCLUSIVE PRESUMPTIONS .......... ............. ........... ............... .... ................. ............ 2 <br />7. USES AND LOCATION ........................................................................................................................................... 2 <br /> <br />8. TITLE AND RETURN .............................................................................................................................................. 2 <br /> <br />9. MARKINGS ..... ............... ................. ............. .... ........... ............... ........... ............. ............... ............... ............... ........ 2 <br />10. MAINTENANCE AND REPAIRS ............................................................................................................................. 3 <br /> <br />11. ALTERATIONS ........................................................................................................................................................ 3 <br />12. NO WARRANTIES BY LESSOR ............................................................................................................................. 3 <br /> <br />13. INSURANCE .............................................................................................................................. ............................. 3 <br /> <br />14. CASUALTY .............................................................................................................................. ............................... 3 <br /> <br />15. CASUALTY PAYMENT .............................. ............... ........... ............... ........................ ............... ................. ............ 4 <br />16. TAXES AND GENERAL COVENANTS ................................................................................................................... 4 <br />17. REPRESENTATIONS AND WARRANTIES OF THE LESSEE ............................................................................... 4 <br />18. EVENT OF DEFAULT ............................................................................................................................................. 5 <br /> <br />19. REMEDIES ............................................................................................................................... ............................... 6 <br /> <br />20. SECURITY .............................................................................................................................. ................................ 6 <br /> <br />21. LESSOR'S EXPENSES...................................................................................................................... ..................... 7 <br /> <br />22. ASSIGNMENT .. ................. ........... ............... ................. ........................ ........... ............. ................. ............. ............. 7 <br /> <br />23. PERSONAL PROPERTY .............................................................................................................................. .......... 7 <br /> <br />24. LATE CHARGES ..... ............... ............. ................. ............. ............. ........... ........... ............. ...... ................................ 7 <br /> <br />25. NON-WAIVER. ................................ ............... ............... ...................... ........... ............. ................. ................. .......... 7 <br /> <br />26. ENTIRE AGREEMENT .............. ............. ................. ............... ...................... ........... ............... ............... .................. 7 <br /> <br />27. NOTICES .............................................................................................................................. .................................. 7 <br /> <br />28. GENDER; NUMBER .............................................................................................................................. .................. 7 <br /> <br />29. TITLES .............................................................................................................................. ...................................... 7 <br /> <br />30. TIME .............................................................................................................................. .......................................... 7 <br /> <br />31. GOVERNING LAW......... ............. ................. ............... ............. ........... ........... ........... ................... ................. .......... 7 <br />32. CONSENT TO JURISDICTION ............................................................................................................................... 8 <br />33. INCORPORATION BY REFERENCE ..................................................................................................................... 8 <br /> <br />34. FURTHER ASSURANCES .............................................................................................................................. ........ 8 <br /> <br />35. DOCUMENTATION FEE ........ ............... ............... ............. ............. ........... ........... ............... ............... ..................... 8 <br /> <br />36. ACKNOWLEDGMENT ..... ............... ............... ............... ............. ........... ........................ ................. .... ............. ........ 8 <br />
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