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Lessee's P.O. #1204 <br />LESSEE <br />City of Paris. <br />135 1st Street S.L. <br />Paris, TX 75961 <br />903 -785 -7511 <br />Cuutomer No. 965000 <br />Agreement No. 941212 <br />Dealer No. 590000 <br />LEASE /PURCHASE AGREEMENT <br />TYMCO EQUIPMENT LEASING COMPANY <br />TAX - EXEMPT FINANCE DIVISION <br />LESSOR <br />TYMCO, Inc. <br />225 E. Industrial Blvd. <br />P. O. Box 2360 <br />Waco, TX 76703 -2360 <br />017- 799 -554G <br />DESCRIPTION OF EQUIPMENT <br />----------------------------------------------------------------------- <br />QUANTITY (TYPE, MODEL AND SERIAL NUMBER) UNIT PRICE <br />----------------------------------------------------------------------- <br />1 TY14CO Model 600BAII REGENERATIVE <br />AIR STREET SWEEPER <br />Sweeper Serial No. <br />Truck Serial No. <br />Finance Amount <br />--------------- - <br />AMOUNT <br />---------------- <br />$ 86,599.25 <br />------------------------------------------------------------------------------ <br />TYPE OF ENTITY.(COUNTY, CITY, SCHOOL DISTRICT, ETC.): <br />City <br />FULL MONTIiLY RENTAL RENTAL <br />LEASE TERM RENT PAYABLE PAYMENT AMOUNT PAYMENT SCHEDULE <br />--------------------------------------------- — ------------------------------------------- <br />XX ADVANCE RENTAL ADVANCE PAYMENTS REMAINING PYMTS. <br />G0 MONTHS ARREARS PAYMENT $ NUMBER 1 NUMBER <br />XX MONTHLY RENTAL TAX $ .00 10$1,685.29 590$1,685.29 ea. <br />AFTER QUARTERLY TOTAL <br />COMMENCEMENT SEMI- ANNUALLY PAYhIENT $ <br />DATE ANNUALLY <br />------------------------------------------------------------------------------------------ <br />EQUIPMENT LEASE /PURCHASE AGREEMENT <br />In consideration of the mutual covenants hereinafter contained, the parties agree that <br />Leooee shall lease from the Lessor the property described above (the "Equipment "), <br />oubject to the terms and conditions Oct forth herein. The agreement is made upon the <br />following t-ermo and conditions: <br />1. RENTAL. Lesaor and Lessee underot-and and intend that the obligation of Leooee to pay <br />rent hereunder shall constitute a current expenoe of Lessee and shall not in any way be <br />construed to be a debt of Lessee in contravention of any applicable conat•itutional or <br />statutory limitations or requiremento concerning the creation of indebtedneno by Leooee, <br />EXHIBIT A <br />