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2003-39
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GENERAL MOTORS ACCEPTANCE CORPORATION
LESSEE;
LESSOR:
MUNICIPAL LEASE-PURCHASE AGltEEMENT
City of Clermont
GENERAL MOìORS AÇCEPTANCE CORPORATION
laßor ep:cs Ia IcasII: to Lessee lAd I.ustt aerca ro bIse (ror. lasor, 111<: Equl¡lJÞem dacñbed in Illy [)diYa)' .<: Accq¡œncc ~acak now or
he:radtu Qçhecl bweIÞ CEquÎpIIledl") IJa ~'t whit !he foJkM1Dg 8:mIs IRII COIIdldCIIIS Millis ~PUn:IUUe A;rGc:mœ! ("Lase"},
I, 'TnM. Thil Lease will ÞecoftM c1rective IIPCM\ j¡" ellœullaa IIaa:Jf b)ll.cAw. 1bG tam af'lhh l.Q:e will ~ on Chç date: die EqllÍpll8!alla
ICCtpII:d Punulllt b Sc:ctilll 3 IIlmIndet' IIId, ..œu taIfIcr IIm1&utIed lIS OIIRSSIy ¡mnidcd 1br iQ'lbis I-. will CIVIdnu~ fQf the ItIm SCI fonh III
Sc.'ledule 8 IItGhcd lI=to ("lc:Mc TMII"),
2. RENT. ~ US'ta1o pay to l.cisor or 1111 usi~ . Ltmc P~III, iftcIudklC lilt iall:n:$t pmtÏon. equal to the 1ImðI1a8 1peCiJ'.cd in Ihc ~
IIIId~CCltiti_. '1110; Lease P8)'mt111S willlKJll)'atl1e 9ñllJoutIlOliaaOl'dem.llcht.the:oW.l1CofdlcLaa~ (orsudl ~erploœ II LcssorgrilS
..igna2 /hII,)' limn II.nc: ID tJme dQisnlllc In writing), alld MIl CImIIIlCIICe UI'IXIICc:epllnœ or !be WI:IIkC(s) m4 ÞOnd/ Q~ Ø11lIle saUlt dale ~y
lhà1:ill1.!r IQ- die numlx:r o'tlmt p:rIcds ~ on 1bc Ddlvay AIId ~ CetliØI:aœ.. Aáy JIII1InCIIb ~iv'" Iafet tInvJ tea (lO) Ifr;ys fiam die:
due: d. \'rill - Itltc:lat It * hi¡hot IÞIVI FIll: !om tile due 4k Ercapt. spedSCIIIIJ plll~ in Sa:don s ~( !be Lease PII)IIIW:IIU \ViD !Ie
IIbsolutli 8IId UIICClllditionailn .11 C"iC111118Qd win lUll be iRlbjeà frllUI)' 8etalf; detcaœ, ~ Ið Rœdpll'l:nt fur l1li)' JUmI whalSœvft Ir.ducln&
Vltlhnul limlf.atil;n,Bny "¡'OR: øt tile EllUipmc:nt to k dclM:l:d III' inlWJecI, any cIdI=, ~ ~ QI" Intnnttlfs In tht Equip-III CI onv.
1..""I:idc:nt, carulcmMdon or urdbrcsccn çir~. J.eao; R:UOIUbI)o bcOcws Ilia( 1IIIId.I C8t be ObIliIlllCl hfficimt III ~ .n ~ h)<mtInJ cIwII!&
the: ~ Tam IIIId I1&ftby CIOmII8Ib IIIIt it '"111 do 1111IñDp InUy _Iø ill poYitI' III obI:am, IIIIInfliin 18l1i ~ rçquc:st IIid JlIIØIIa tUlIds !em
whim If1c: Lœre Pl,)'ll\Cl'ltJ m&J be: IIUdc¡, ""'lns mlkiD¡ ¡wyIs/ans fix' IUch ~ fO die em« ~ aD -d> lludp subtn8d b die P1IIþœc
or Dblllining IhlldiJJr,.lI.'Iln,5 illi bon. fide ~t dfotu Ia hIM: such p:nion or~ bu~ 8 I IVved IIId ~ aU 1WIi11lb1e: IIdmInlnncfw rcviG"oW a114
IICIPI:IIs in 1he ew=t such þOtIÍoI\ ot!hl! bInIp k ~ IpfII1M:It. It Ie IAtce's IIrtcnIIll IIIIIœ 1a.w Pa).taems J» 1M r"u I.åIIII Tc:ntI if fÌIndI an: 1e¡;DJ1¡
available lIIeralbr IIId in Iha n:&ard.. LRac IqWIISIIIICS thai the: IIa oflhc fqvipmcm b -=mlal1O lis ptI peI', emc/erU and lIeIIIIOI1Iia 0 ICI"CIian. l.eI8Or
line! Lessee alldcmand IIIICI inCend lllillhooblicalioft 1IfLc:ucc fit ~ kac ~ bGrmrIda 3blll1IIIIItÍftIIII a 0UnaI1 ~ aflaliCC and ""1I11ICi
lit IIIIY -.y be '*ISttUed to be a deIIr of'lessee .. CCII:raYelltIon ., Illy ~ rJOftIIÏIutitnI! CI' ~ limi1DliQn Of reqllÌlMlelll. CtlQO:mina UI.
ÇftII1Ïcm ofilldcbtednf:s¡¡ by Lessee, narllhlll 1It)1ftÏIIJ;~ _in constIl18. plcdpoCt!r;lI'CIIcnI rsmvcnacs, SUndl orlllQlÛeS ofù:sJee.
J, DELlVIiR. V A.1\Q) ACCEPtANCE.. lessee. or if law 80 NqUeSI$, laser, will - die: Eippnatt Ie be dcl"~ to Lcacc . :lie Iacation sped6ed
¡It the Deliwsy and Acceplaftce Catitica ~mentlAc«iM"). ~ will PiIJ .., ~ aod oItJÇf Q)S(I, It..)'. ÏIIGIIIred ia c:onnecli.o" -iIJ¡
rII; dl:lM:1)' IIJd ÎI1SmIIaIiOn ollbe Equiømct. 1.cMe& will accept Ih EqllJpnœat. SOCIII .. It 11M Lc:c:a cWlvøe4 .-d . 0%ICt8fi00aI. 1cÞa: MIl evïiIcD=
'" ~111)~ OftJc EqulþIJ gJt by ~ 1114 dtIIYafa¡to lJS8Or a Dt!ivtIy an4~lIIIIœ ~ ba tho fòma plUVidad by J.cuor.
4. DISaAlMa OF w A.RR.\N1'ŒS, Lœco ~ø:s IIId IpUS ..... die !I¡uipaan k OIl 81iæ, dsIgø and Cllj)tdty ~ by Lcæcc. Ibé
Lc:s5vr Is neither . ~ ftOr a mJdor of ~ ~alpma¡r. allbar lESSOR. MAS NOT !'tIADI::, AND .DOss NOT HB1lEBv MAKf, ANY
R£!PRBS&NrA7ION. WAIUtANTY, Of',~. EICPRSSS OJ.1MPr.ŒD, W1'IH RlZSPECtTO mE MnCUAlVrABiLIn', CONDCIIœl.
QUAU1'Y, DURABIUTY. DEsK;jN OP£R.A'I1CN., I'IINE5s Fœ. USE. œ. StJJTABIlDY Of THE £QtlIPMSN'r IN MfY IESPECT
WILU'SOE\IBl OR. IN CONN£C1lON wrnt OR FOI\ 'I1Œ rolU'OS~ AND 11& OF 1!SSEE, OIl ANY 011Wt K£1'R.6SENTA11Oloi.
WAIUWm', OR. CO\lENAl\'T OF' ANY JCNI:J OR. CHAlACIU, EXPIU!sS 0ll2MPDED. wmt RESPECt'11ŒRE'IO, A}l D L&$OR. SlUt.&.
NOr B2 09UC14TIiD OR. UAÐLE POll ACTt1AL.INCfOSNTAL, ~ Ok O'DIB\ DAlMGBS OF OR TO LESsEE OR. AN'{
O'TIŒR PnsON OIl ENmY A1US)iO our OJ! OR. IN ~ Wlnt THE USE OR PERf'OR."UaNCE Œ"lHE EQUIPMENT AND mE
MAJN'IENANCH DœIŒOF. I.asør 118'eåy IIW;ns Ið I.c:s8 darins /be LeI,; Tam, It;J 10111 IS 110 Enar of ~ ha 0CCIIII'8d IIlftUncler IIId is
COIIIiauU'C- IIllnI.IIuficÞ.lreh ""In'IR1ics, !tIllY, IIX~ II&' IIIIpIicd witJt ~ to Iha 54¡uipncn" ..,d ÚSJC ' IUIbor1zç, Lessee IL7 ØÞtI/n 1111 ~
RlVIeOS llmishcd in fICIlrlccrIod .-i1lJ JUdI WIInIIdes K14set's eI!fàSè. I.c.seI:'s sale ~ Ibr 1M ÍIR:ar:II of'lIII)' wel! DWI\I1kauMs IWIftIItY sIlIII
be q~ me: ~la' of rIM .&Iulpmem, IIId flOE IIþ!Mr ~, IICI' thall Ad IIIIIIII:r ~ l1li)' ~ ~ QIJ die ñ¡ha lOci d1Iptjcm or
lessor - IÇIpœ 10 11\8 Lcat.. L'\CIacliDl1he llØH to reccM: !dI- IÏIbdf ~ llaaunlla-. l.asac ~ 1CIc:nOIoVI1dp:r 11m lA8JOt-"'1IIId
bø IIIIId~ no Iq)lCSClltatioßs orWll'l8Rfia ~ 8810 1he~ .1ke""';¡1Ib~ IIf'IIIId. W8r8IIIkr uf'lfIc:mll1UfllczaRrœthe~lIipmeat
:so NON-AtPROI"JUo\11ON OF FUNDs; NON~S1IItJT1ON'. NotwiIllSllndq: 8nJIhiøt CGI'IIIIia!.iI ¡,. dli(¡ 1asa to It1ç W/lhIy, in tbc C\.'CQC DO
flIndf or În51I~ ilnds 81'0 IppIVpliIIfaf II\G tIId&cficd ~ 8IQ Qtberwige IIIIw2bki by IIbf IIàIII YdIlbacYc:r ÏII all)' fiSCII period fbr Lea.: PII)'rncntI
- UJK!aolhis Lease, l.oDoc:.,¡n 11IIII1Cd_1JI Jå~ I\clåsarcrira -ianeatS1ldaœcurrtntalnd..ia;LcascINdJ fIcrn1ina:onL\a'-ndl,y or~fiscal
p=bl b- Mic:h lIpp-'Opriltiorls 'Wfe ~ VIftIwJvI p;n/(y cr ~ 1D lI$M of any kind wIIaÞoever. eccepr. 115 10 11m panicIns ul'1.ct$c: ~
hen:!n ¡qrted II OI\ b- wh1dl fønds Bhllt hIIw beGalppmplflÞf and ~ ar - adItrNisc millllla. In !he 8\IIIn\ ofsudt bmmlltian.ll:uetIlIpC5
10 ~1IUtIaJdao "....iOll oI'tho EquÏpaattlD !4ÞO1'gr iÞ "11*01111104. ofsucll!l:U1lÏl1lliOD.. ~ wiD b:ivulll8lallllldCC l.lII8hIc: DellI!
and rrmtdiala ta/ce pOÞcssi.. of'the &¡aipll'lellt. ~Inc tb:: ~ LGsscG qrI t$ (i) 1baI it wìIJ lIot œncd IIùs I..rö: IITIdø 1M pßWÏÜw
of dili Sel%iol! if any funds lie ap~ &0 if. Dr by if. får IfIc lcquQitIon, ~ ... ~ at'1ho E4aiølllCßt or cth~ tqc.ÏpIlZlll p:r!òm.laø
fllnttions JÌn1ilcr III IJ.s l:Q\.Iipmeru tJr Ih8 ø.c.I paIod III """c:h pcfI tenuÎIIItIon DaI:UII or ~ IICCf MCa:4ia : 1'iJCal pcrioclltlettaltot. and (II) IhiIf it wiD
IKX durin¡ IIIc Lease: ielllllÏ'/Ç priori'~ ¡I\ Ulc IØPIIc8I1on of &iutda ID Illy 0Ihcr (lßIf!Iog ty similar III \IÎpnIcnt. 1111$ I'tI'QrJIPb \IWIJ hOC be ca\5InIcd so as
\Q pçnIÏl Lcssc:c II) 1ÞDI\natw lhillease III Otd« SO IICt IIi:t 01' lease any CIdIcir oq~ III" tg IllIoc:aJc filnå d"uœdy or indimd)' III pafiInn CSStAri.nythe
II811C IppßCIIIiorI fwy¡f 1c , 1IJç.6q~DIaK is ÏDIiI:!\dQf,
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6, C!;IU1FJCAT1ON AIIID !\.UTHolUZAnON. ~ I1:pMlanIs, ~ 1114 Wlmlllrs Ihllt If is 1\ smc, Dr" wilde.' subdlvltiOil lIIercot; Or Ihat
~', obllp\iq under Ibis lease c:oasri!uIn lID ob/IsaI.ion ÍUUI:tlIll1 bdlllf of I NIl:' 01' POIItIc8I Alb4Mrba dtermt SIId1 ~ &."1)" ~ dcriwd II4da
th~ t.=¡c wiD qll8llfÿ tW cxanptJoD ~ FecIaaI inCOme IðJCtI Und8' SIICIianlOJ affl1c InIeJnl P.everwt Code. Lesø rW1her 1IIWI'~b Iblt this Lwc
l'tþJe,9Cn8 a 'f\IIid ~d pøymcm obU:IIOOO fiIr 111. IßIO\IQt herem 8et Iiwth or a 1l:sscc havin¡ Itþl ~ 10 eab inlll thl: NR\O 8IIÒ Is DOC ÌII
UOIIlnM:Dlicn of MY Town, CIty. DiICl'lc:r, COUmr. or Slife ItmJIt, role, .l1li011, Of' olhtt 8Ov8mll'a\!IIl plVvlsloft. In die tYeat dw It qur:stlgq III&cs IS
to f.cssee', 'IrnlilicalÎOl1 . a pdi¡i\õlll S\J~ivision, U,Ste .&!'"IID CKtQIIe a po- oI'8Ir.omcy 8U1ttar1zißi Lœsa' to mte ¡¡ppHcQtion 10 lIIe Inlcmlll
fl.mnuc 5mtœ 1br ~ lata' ranft, willa IWpa ro 1M Issue.. I.-ee Iþ'Ies IhIIr (I) it wiD do or ÇIIUSe 10 bç døae aJ !binD IICœSS8ry II) ~CO'Ç IIId kœp
The Las; in ftln Ibra: and clicr, (Ii) il h~ cœtpUed ~d'I all bid41D¡ ret IIÌI'ana1Is ~ TÎ=ssatr and by due DOt f~ ~d Ibis J.casç Cor
apPIO'V11 and II4optioß 8Ii . valid oIIrlplioft 0/1 its ParT. and (Iii) It ~Œ SUftiC\e¡¡11Ipp1F.lprÏlEicns Ot oilier 1II1Ids avalbble 10 PlY aIllmOUnI¡ dw hcnvlldQ'
1"or t'1e ~ fist'eI ~.
,. Tm..E TO IiQUI"J'M RNT; $SCUIWY~. tJøon lICC'Cþtallw 0(= ~ by ~ AtRlIINb, title 10 the Equipmctn will Yes!: !rI ~
!iubj=W tø lðï.or'li riSh" IJtJdC'l ~& I~ plO\'idcd, howew:r,lt.. (I) 81 me MIl( atfetmlnadon otlhis Lease by I.c:Qcc J!VQUIIK ro s.c1lOn!l bereot: (iD
IIpUft th: OI;I:Llnanr.c of 0III'I ~ nl'Dda..1t haellllda", Mil .. long 8$ aw:IJ EYCIIl ofDet'll.l1t is I:IICUIftUIn); Dr" (II/) In Ihc Cft2lt IItllllle pllmw. optJan bar
not bet.n ~CI pOOr II:J !he J!xplnq¡gq DGk, dele: wUI Itnmcdlaœ!" y=st. '" Uaor or III IØlpce 'NirllOlll: 4:'Y actiœ by l..csms 11111 1crIrcc shall
~iaœ1y 8U~dcr ~ioa of lite EqIÛpftlI8nt Þ WIDr, In åda' Ie R:CIW 11ft øF. its obIl þdcm, hcncmcb. ~ ~ (i) ~dftt. ID ~ a finrt
anll prior seauiIy inIaac in 81)' IItd all rieltr. Ii. Ind in8nst ai.Le.siJel:ln dtø Eq\aipmaIC...d in 811 addGOAA aÞchll1allS. ~ IfJd !IIIb~
dtl:rCto., nI 011 IIIIY pIQQOds tIen:&ocn, (ij) agna Ifta rhhi lase IIIa1h IiIc:d . . finmcfns d1dI:mcnt eridalc:In& auç:b SCCQJity irdmSf, III'Id (II!) JCrø!Ir r.o
8II.CaIœ Dnd deliftr all Clnlllång IJIIemems, eatiß~ !If &iIIc and otha- inmum.:n15 In Ibm¡ ~ 10 Lessor na:c:uaI)' or app¡q:.rüuø 1.0 arldlQQ:
such !eCllriCy infb«
a. USE; m;PAIRS. Laue will U:iI! !he EqLt~ in aCAII;fuJ ~ rw d1c ua ~,.¡ by ~ R\8bq&c1wcr Ji]r !he ~ and IIhølI camply
with d.I ~ws. or.:llnMlCer, ill5lllllllCle XIlicics ft!8Ùtiœu rdctin$lo. 8nd will PI)' IU msD. cttlms, dIana,.a. .. Ißd Chqø IIÌitif\8 OUt of iŒ ~
IL'ID or rnainlålllllCII. IØa!:, lit IIIi I:JÍp8ISII win Icœp th BqIÛplncnt in pod ~ Ðrdcr !WId rePlllr ønd fiunjs ¡ 111 para. ~ IIIId derlœs
rcquiracl tht:n:Ibr.
9. At'I'ERA'JIONS. l.eœc wiJI "ct mølœ IIIIY III~ 8Iicidca. PI" ~ to tilt ~ \\'IIbout lasara Prior y,1'Ia8a GOI!.MIIIllnW ~tk
allftllions. ad4iriOc1s or ~ may lit aadDy IIIIIOWId ...ilbolct ~ 10 "IS ~
10. LOCAlION~ INSI'EC1ION. 1bt; Equipment wUI aoc be taIICMd hIn,. øt U'GIe Equipøe¡t œnsbb of rDlli1; IIfoat. its pchlllW - will bot be
aiJlIIIP 6om 1bc Equlpll1l:lll LocatIon WÏIboIIr I.t.\t;:ñ ll'iClt wrÎIb!II COII8:at 9IIidI wIIllIOt be a~ wlthltdd. Lalor wiU œ CftIi1I~d II) cntI:r
UII'Jn 1he )jqlllpmel1t JOCIdaa III" et!IIWI8rt dwtDg "._18 buaìQesc hauls ro -- 1M ~ Dt abHrv8 its II" 1111£ øpcndan,
11, LIENS AND T~ IÆscc sbI1/ kcqJ lI¡ç EqW IIIIIDt IRe IIIcI e_or... kIYics, lieAS ad aall!blallœ except !hare CCIftd under !hI¡ l.essc
I..eQcc 5hal1 I4I,y. wilen - ..1 c:b""'P IIIId 18>ccs (1«11. ..l1li4 &:deal!) wblc:h IItIW or J¡ereaftIr be InIpoud upœ tile awneø!IJp, laulaa. ftIaI, IDle,
PIIrcha, po$SIIø cm Dr UIC of Jhc &¡aIprncnr. CGlvdln¡ h4MYcr, aJllIIID œ ðr IIINIInd by LInotIIncome. zrlasa &lis to pay said ~ IIIId
'*' \'WÞCII du;. Lœør sNII h8YC 1110 rtsrn. bllt =till! '"" be ob lSIQ:d. III pi) ..41 cI1ar¡es 1114 -. 'l! Lwor II;SYS Illy ~ ðr lIIXes, L.e:Icee mall
rdrnborolllll.alardtador.
12, RISK OF LOSS; DAMAŒ; DRs11\trCJ1ON.. I.cI.-= IIS!IUIIIaI all risk a(' bill of III" II..,. 10 !hi! £quIp_it ftooIn 8IQI calISe ~'œocwr, Ilid 110
such roes of or damage 10 lie EqU/flaletl11lOf' ddcc llleœin III ' UD!fncss or ~ IheIeof'studt ndkw: I.c$~ of 1m DbDptioQ 10 InIkc Lasç
Payments OC' to DeIfota¡ IQy adtel' obUesriaR under III Is Lease.. i1 dIie MIlt fJt dama,ae At lilY lWIm o£EquÏptl1clt\l. U:øa: IriIllmmcdbleJy pllCt tile ~ Îq
eooc! I'C¡HÌr wilh die JlIIIIZUIs or 11'1)' ÎtlsuI'lftCC ~ applir.d I\) \he CIII!£ ::It lucIIlqIiÍt. U'1.caor &Id..nnina M ..,. Tœm of ~ipmcrJl i5 lost. IIdcn.
dc:nrø)w ardanqçd.d n:p1ir.1..œcc. -Ihc opllœon,asor. will1li6er(a) nI >IIIœ Illuanlll! with &lc&:Bqulpt1IaII in SCIOlI npaIr, 0/"(11)0'1 ~IICICt
t..ca- P1qm.r.r d.. lay I.euÞr. (i) aU 8II'IOIInbllhcn ~ by !Alee 10 Laø.,- abis l.cMe. ir1çJucf1og III. ÜM ~ due Oft suCh da!c, IInd (Ïi) l1li
annmt tqllil 110 Ihsllp llialhlc CusIOlnm5 8abmø.: let iIRh In ~u1c S, IrI dIG C'a!l1I1irI Lœcc Is 0bIi¡a&cd " lUke sudt I8t'Inœ[ willllt5p\Cl to less
dIon 1111 f1f rill: I!q ujpmcnl" ~,..¡. lRWldc La.oaa: wIdt lite JIlØ .. ~t ol1he ~ I'1I)1IWIt IfJd tile Cwtomcrs BmDœ ~ be rIIiIIIe by 1Auec
with ~ 10 the P.:quiptn:nt"Wh1all II. sdizallha CftJIt ofbs.
t 3, PERSONAL 1'f«)PER'IY. 't1tc EqIlÍpmcnt is ~ ...11 n:t1IÚI ICq(JIII pIOJ'a118114 IVIU IKt b; dccmaf to be d1xt.d or IItIIICtIed I) =1 C!ItIIœ \Y Illy
bWldin& 1JIercog. Irlf.4l18d1ed by 1.i:t.'ocIr, Lcs.tœ will, at ~ ~ 6IltIl:sh 8...8mntlntaat... t2Ic fqlÅpnlcr¡t ttom III)' plltthavine an ír.taall~
SIIch~ emœar"lIikIin-.
14. INSURANCE. ~ wib. ., j~ apc:nlle, ft8ÏnI8Ín It III lima II1IrIn¡ IlK Leal Torm. lire IIId CXlCndcd COY,"" pubic liG.biil1l11tcl ¡nqJcIty
cfoIn8&e il'dllr8llce y,idi ItSþtd Iø !he Equ~ in - IIIMIrnI.\ DO\'CriDJ Iuch risb.. ad with sud& IrJaIm;d IS WI.I IN: ~ IQ lasor, CII', wiIk
lasofs ~ t ilia,)' æ~ IgDÌIISt lIfty or all Iud¡ riIIks. In no naIt. wfD dig ~ Inl. k ten tun ~ IIIIOODt at Ihc Ibm¡ app!iClbk
CImumcrs BQ\œ ""¡Ul mpect 10 IUdt Equ~t. Each ÍIISIII:IIIœ Jdlr:y ~ nanc u.. . .. inued I/MJ L.csaor or its usiøns IS 111 84c!ÎIioDaI
iflsurW. IIIcf VIiII ~D 10'" requlrtl'.g IIIe lnswet 10 &1\'8 Lessat 81eGst 1IIin¥ (JO) da,ys prier WII!Ian noIÌc:a af'8n)' IIIII:ntiøI In die 1amI, ofSIlct.
pÐlic:y or ClUlIldIIliIXl t.'Icrw( The praoeccJ: at 111)' SUCI1 Þllkics will. JIIIYI1tIe 10 lMue IlIC! Lalor or iu 8:d1þs It Ihcir ÎntaIIIIt may lþpcIt. U IOR
8DCCpIM~ ot"lIIc: tqalp~ _d "/10' CIdI ÌIIIIInIIIœ I'aIawIII dø:, tes- ,.,11 dellYa II) J.asor a ~ cvidcll~ sad! insumDra. rn te "Yd.!hl.!
z......cc hlllllI-¡ pcrmiltCd ~ ~ u... will "lJ'Ibh I.QNQI' wIIh Ieazr 01' caUCIIII to AId! e!&Jer. il1he ewnt or In)' '-, diU7J8!C. "1fUl)' or
~ IaYOlYlnø !he liqu/pmlll'll. LasI:c wIIJ ptQnpÞy J11DV14e I.cuQr WftI\ ~trcn nodoe 1I1~ 11115 milk; .v;illù,. 10 IAssor aU ilÚanNllJou l1li11
dOl;umentzJOIIl'8lafed 1hemD.
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l5. JNDEMN!J:ICA11QN: l..csscc SÞ8I1 mdønnif) Lcssot rpålK. IIId ~ tasØl' ¡~ - tqy and lID ;1I¡1ms 8C1.kIIIf. ~iogs. ~
rJantaaes or liilbili&, indudln¡ "'«:)"5 '='::5 .. COIIß ;osu, Wwna l1li cor.øectiGI 'IIith the £quipmtal, '1I~ludin..' but AO( 1imI~ 10, Its øclcctlor¡.
pulChtlSð,dG!ift:r}. ~, II$e (1pI:I1Dion. ~£CtÎOD. at mum IIIc/ II1e ~ of ClIIIms IIIIdIl' \IIftll1IIICC po/lcic::!l dImM. The ÌJldtamiflCldCl1 aris/nB
muter III. P8IB;J'II Ih ,hall IXIMIIUC in fWllbr;c and 6Gt MMidltllndin¡ the tllll pll)lÐcnt ot 81' obIipdCICIC mdcr !hIS lea CII' die Icnnlqfllll ot-
~ Tå1I1 Jiw lInT 1al2n.
I 6. ASSrGNMENT AND STJtJU!.ASE.
(I)) WillI....! ~ priur 1IWIittta CIII1KI1t, 1A~ wiU Qt ;idler (i) 811" 1ran.tfiIt, ~ ,,~ or pant lIOy ~ iftI'8rtsI: In or clln!rwlac
ofl.lJX* otth~ ~ (If tile EquIpment III" 181)' lncmat In this LeIse or "'= ~ (q") IIIbI8\ Dr Icad !he Equiprrat or PÇßIII~ It 10 þ, used byllll)'t81e
om.lIiaA 1-.. atl&ue.l"Im Iby6¡. No lISSÎþmIent or subbtt ,llItl relic:w1hcLdsœ otuyðt'ilsClbl~ IIf"duli~ h=unckr. 'MIidI shaIlrcm.a.i8
tIIOSI: Dr I pdllCiplland JIŒ. 1Ullrlnts!r.
(b) ~or shall nor assign. trwISb. jW:dp. or dispose oem" ~ 01 any ÈdcIIsIIhc:n:In, VttIeIhcr as IICC\Irj~ for mIy of ilS IndcblallWlD gr
~IR. Sul7.JCcc;o 1IIe M¡oIng. dill Lc.uc IøW118 ro Iht ~I of _d is }lindin!!: IIPQII th~ heirs, I!\CÇUIÞrs. &GnWIisrnstan, SIiCœSSDrâ and iI!IÁþ oF
tfte pries herçro.
17. EVENT o¡: DEtrAUI..T. The: lam "Event of Dc!wk", II used -.n. ID8IIIS !be 0CCQmaœ o('Y one '*" lIVe o'the tbllowIn¡ cmnr. (i) I.csÞ
IIdItI III lIUIk:I.",. 1A:I8e ~mc:nt «(II' lit)' uCher ~ 15 II 0Cç0 r¡cs due III ~ wid¡ die œmu: otdle J.-e. IIId l1li)' ~\lab t'aiha; I:OIIt1IIuc:s for
1m (1 OJ Ú)'$ Bftar lIIe d&Je dBfe thc:RQ( (ii) ~ fIIi/s eo pafbm¡ or obMm Illy OIlIer CIMDIIDf. I:IIndIlklll. or ~ 111 b: pøtÖImc4 01' oNcrmI /)y
it -unda- ...d SllCh filillw ia IIII!: am:d '\1ridûn twr=1)' (20) d8vs aa:r 1Io'lÏCtal DOtige1baeaf by Lessor; (Ui) die ~ b1 ~ !lie 811)' ~t,
~bdiou. ~ --'ly ITI8dI: by lIØII: in 111. ~ or ÏII v.tidD¡ Mf dcI"~ by L8tæ Jß/JSIL'IIIC JIer«o or in eonnecdøn hawdtk ¡, fQ;
m!,1c1.ding. ::II ~ I. .." INkItIII ~ (Iv) ~ WIder any blll\bupl;y.lualwDcy, rexgaair.:IIfio or siaI11~ 'e¡isl8lÍGn ItaIII Pc IftsIiIllbt
JlØlÙI'/U or by ...... ~ . ~ qr .imilllr irft1-- ""1 be IIppoina=d let lAsce Cll'1IIY øCiIs p~, and such plUCeedl6þ or IPPCIÎIIImCnIs shill lICIt be
WCIUed, or full)';~ withIn twalty 1.20) . .&r die iQdtution or OI:I:I.IrJaICC thnor: fJt (,.) IIQ IttIchmcnl, levy 0: ~ is tf!n:ab:ncd or lI:ricd
IIpIllJ or ~ !he E/¡Wpmanc.
lB. IŒMEÐIES. Upaa Uae ~ u/ III E~t atDc&llt, IBId lIS q. ndI Event ofDafauk it conrinlliAg. Lmor RIllY, II ill oplioQ. exetdar.: IIIIY
me 01' -.cCdlet'ollOWin& remedies: fa) bywrlrlåt nofiœ (ð ~ dedn III 8aIOIIaI.cqlllllll:lall 81lIOII111:0 Ih:n ducW1dcrtK: 1.asç,8I141111 remainin¡
lease: hymeul1 dlil! duñng the 1'.. Yc:ar ÍII ~ wh:ø Ihl! dd'iult DCCIIft 8rl be: ÏInmoIdi.cr.ly due -' ~Iç, ~C(WpCO CIc: RI1Je ¡ ¡0111 beçome
ÍJ; ~talei.y dUtIBd payalllf,. (ii)by\\TIIti:a iklCice m 1heLesser, req1ISt ~ 14 (1Ift1l Us.:ap:tI dw ItMl1).. ~8CC'S'QCpCmt,P\'Ompdymum die
eqaipßleDt' 10 l.auor in die 11211111C1'm: fÞrIh In ScdIœ 5 h8æ( ot LM-. lit iIs ðpdan, may miai' llpal Chc: prmn~ MIen: d1e Equl Imnt illoCRd 1114
tIIIœ ìmmedillle pœsessiOli or and rem.we Ibe sane: (iIiJ 8eII Of Itase the Eiq~ or -/cwo: It fiIr Ibc 8œIIunt nf L.csscc, hoIdinS Lcssa: lI.bII: fbr all
1.ease P8)1msnts and œfl' ~ due fo !he eØ'ecdw: /tate 9f such IitlIIfta. Ieasiq ðr 81Jt1/e8sinc .i Iõr the: di&ftnœ bm.a:n dlc p.m: I15C ~ IWII
and ulh« ill'llWlnls paid by the purdIasfr,lasec otlull"-e pIID1IØM.lD 1IIIC.'t Iõdc.Iaase Clnultblse iIIId Ihc= 8IIIODnQ; pl)'lblc: by l.tøee hccamda'; 81111 (Iv)
~ l1li) IIIhtr 118M. taI::d¡ Dr pM.. which II1II)' be awilBblIf iii ic 11118 IIppIb/¡Ic '- f!If the: SUIIc a( tile: 6I¡vjpmcnt 1.««tiœ ðI' IQ)' otbct
II IplœbållIIw III" pnxzr.d 117 ~ CJ lIt actiœ. to ~ Iht: II:ma ot"lhc ü:a., PI" Iø œcavcr ~ Î(II' III~ bft:Kh gfChIs Lcec or II) I'CSCÌIII! this
lI:idI: lIS k:I 8117 PI" id1 ðl' u... ~PmmL In IIIIdilion, ~ ,..., mula li..1I: &r 1111 ~.. 8IIII1ndawn~ I.IIIdK d¡is ~ .. b .u IcpI fÇçs lad
od\er cmt:II - CCpaIM, iMllldinl CCIùIt ~QIII, ÏßCua\::d by Lessor wIlli IIIIÞeCt II) ilia IISIinanc:nt llf any of the: ~ 1iJtc:d 8boYc III' my GIber þ¡mcdy
1Wti18b1C ro LœoJo.
1P. PURCHASE OP11ON, Upon tIñ~ Ç!O)'" pliar'WlÎl1lln lICJIÏo: talnl.essœ eo lessat, and þllW"lCbI Ibm: Ifeœ Is dO Evc:ni of'befault. or lilt mnt
"mjch \!lief¡ ua(ÎCI: 10 IIIpJI: vftimc, CI/' both, coald b~ 81l.6vcnt Þl Dldimk. dIcn I:IIisIißg. ~ '¥ill laave die I1&h& 1D pIIICbase die Ec ulpment aa 8111'
1àit~d"'d- bypaylllllO I...amr. an IIIcb d., thc~.BaIMgc8UlOII1t_ftdI ~!lleIlPJl~ ftl1lt1Þerof'pi1)'menlSlIL1It.I ad
zUteœd 11ft Sœ8du1s B 10 die l.ea8e, tIpQn Ad8lilrdaa bv.l-. oI'liIIc:b pu~ CllJlMtldcN.1.cI5or1l'i1l1rWlilr cry mild Of iIII äebr,. ride 1114 ÏfIœraI
III the Et¡,¡ipInen, \0 l.aHe IS is, WiIbouc¥.'IIftaDfy, ~ ell" Îlllpl;1d. 0tCept ØIII£ !he Equ.~ i& Iiee IIId dair gf 8IY &tis ft8IQJ by Lessor.
20. IŒPOR'DNO ~tnREMEN'ß. 1.£øcoc ~ III COIIIpIy witb 1be ÍIIIII!IIII!iGc NpOcI.iøII8l UÏremellU øf Seetin 149(11) of'thc Imem.: A.c:.aIuc
Code or IPIIS (the ~ In tbc CVQt Laser, saIIIY 118 ICCOIJII( or Lasee'IIIIiIUN 1D compry widl such ~ repMnt /ec¡uirllNllllt, is not
cnUIIOd (g ÞIt Ihe U8Ir PllymctltlIIlCl1hc CuIlDmtlS BIåœa IÞItMd 6am 1.-ee IIeteundcr IS ÏIIIII!IeSt l1li4 ÞriAeiøaI ~II On a »We or Ioe.tl
bond IfIc imctaI of ,.t¡icl1 Ì! cœmpt SiœI FaII:raIlrIc:amc: bX IIftd8r Sedioa J OS(a) gf the 0xI8, 1IICII Leuee lilli' JI~ EO ~, 'II addidcna/ IaII8l" ..
KIIm ~ich. I.i\I:r ~1K1IOR ohll 111m YtIiIch II1II vr will" þl 'lllit 'Y I.cssor ia zapect ate.. rtœipt d1eteafua4er W La" af1hc: tJnlllld Scáts cr IUI}'
5IIIœ qr local ~c çr -s -orhr in 1hc: t1nIa!II BIlla. II' iliA" GIt Ins Of my taxiIg IIIdJority or poIJdCAJ or &~ 'lIt.divis!oß or.
fCIItIp t!OlIIIIIy, ,hall bc:DI IIIII tOlIIe add'cimal Ped;nr iocIxDc:IU ~h or will Do IIfIbIe byLtaor IS usuh:OfIile 1000Dt'sucb 1h1=rc:st c:xMptian,
~ willa GI)" 8I1m:st" .ddlllcm Iota ...pcnall¥whÎålIlll\)' III: ~b)'lhc:Vi1ilcdSaèlQ;waammupiøsttasor In œnao:riOll.ndt lbelœur
sud\ ~:enISt ~. which illnlC'iUliIs !!hall be II)'IIIIIø CIß wilfI:n tbn.wf h1 ù:stor, tapthcr 1I'IIh inll:lt$t tI\cmm a~ !1M lIipest IawlbJ IWe &am rJw
dale orll~lIClu~tI18ldcficianal PaIauIlacomew tð!lll! dlè otpil!)'lMat br 1.I:suc.
21, NOnCI!S. J..I1I1tXli:q 10 be ,IYen UIUICI' ibb Lœse III. bs maIIe lit WfltinlllAd mGiJcd by ceni1Ied mall, I'OIIIm .eccipt 1'QI IICdaI, to the tIIhc:r psty 81;
¡IS 1Idd~ acI fi.mh hctcin OtIC slldl Iddla!l IS !be r81f may þ!lMde ill. wrifiq tom dtœ rø ~ Any such noIice slu.!1 lie d--.llO hayC - JtÇCjw¿
('lVe (5) "":Ys 1IIIbfia¡-"'1I;II mUrine.
22. S£Cl1oN HEAl>JII;as, Â/I SCCIÎoII haadlnp oanlllinal badu AlII â - aomcnblœ of reftr=cc crJy 8rJd art JI<I( ÏD!enðed to deb or Umk t1\t;
I:OJ!e or Illy provisiCYI OfltlÏl ~
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lj- CiOVsu,JINO [A W. 'JñÎ!l LealC "*' be condrli~11 In ~nlançc with, Illd loVl:n\ed b1 dlt laws ot;lhc IIIIIe of tile Equipment l.OCGtiøn.
24. bEl.MR,V OF RSI.A1ED JJOC'moŒN'I'S. Lam; 1Io'llllXœutI: Q ' pIÐvlde, lIS Nqtlqlccl by Lmor, IlIeII olll~T dOOlll*QU and ¡ß!CIm\fItIoq as IIC
I\wm1i!bIy nc~ Wid¡ rtSþ8= Ie Ule u'I'llIc:IiDIl œnbmpl1ltt411y III 1$ tAme.
;U. Ðl11R&: AûíU:~: WAlVSIt This ~1I$'c, tO~ Mila the Dclimy IrId /.co!PWlce CcitlJiçv; IIId OR llrachraen:s ~. aM 0lIl«
dO<:\I~R1S or Ïll!ll/lJnXSl1$ ~ by lcsstItI GIld Lcnor ÌII OOrIIIeatioa hcmYll!l. CCtlsdt1llc the cadnt øareenlCnt buwecn till! pilltiti with n:Ipea b die
k:/I:It oft.l c &c¡ulpltll:nl, BIId this I.atc wI! r.Q( bç ß1CIditiec!, I/I1I:l d~, aI~, DI' çl I1IP œopt with ~ vm1lan consent Dtla8sco III1d 1Aøot. ,1.111
PIQ"lsio:! of IIIIs J..e- 1b1l1l6 to be plÜ1lblrm by Ilw :;f1111.1 lit irlefQcllve ID tha I!4CUI oClilch pI'oldbltlœl wlltIout ÏI\\'I\Iid.nn l1lMl felll8lndcrar lII;L.cae.
The \II':Ih'::l' by l.esJar ut uny bl8llC." b)l 1M. ðf "'J ImII, COVCIIIIIII Ot ~dltjga hcr;otshrUl liCIt 0 I1II1IIe as I waiver of any &L:bR:qllCllt IlItadt 1hetGar.
CITY OF C~ONT
9~
7-/"-dJ
- ...,
0IIh:
~
Q~'NION OF CQWNSEl
With r~~Qd to th~ I:-rltail'l Mllnic:i¡lal Lel$l'.-Purd1asc ~trNnt (Lease) d l8d ,~ by and b8CWÐel\ Gotwral Motm Ac:æprlnlJ8
COrpori\CiDn and tht I.ItSSie.. 111m of the opiniOl'l thil~ ~ the lilli" Is a !IIX-euT,PI ;;';u~lcl\ 1 03 ollh~ Inomll Rtvertue c;:ade; liD ChI:
~l:uliD", dliliVl!ry ~nd _lINnet by tIt~ WSt@ of ,e Lae hAY. bœl1 ~111'1ll(thorl¡:ed by all nlldlUary ilttlon on me þlr! 0/ U. L~; (ill) te
LIIMQ çqnllltu!eJ . ~~ valid and bil1dins r)bliptlo" tit die Is55ee .I\for~kr in II«Grdana¡ wltÌ'l iCS tell'N and aU $Þtem8llt:i can~ned In the
L83$e and ~rl ~IõIIe<J inSlrumeMlllte IN": (~IlB5!fi II.. lUftJc ant 1I"iOni:~ available I\) make all piymen15 required 10 b.. paid undllrlk6 l...~
dUMB ri1ll !:unenr li!e~1 'Y"'.ar of tf1e LeiR. and M:h MQII/I!S h- 1IOe" ptq3l1fly budptad l1li41 ptapl'Ïited iot Ih/. PUfP- ill aœordilnn wil ,
SIattt Iöiw; ;nd M ~ UnlfolTll C4mll"Mlrdll( CocIo of die ~. wht~ 1M Equipm~ Is Ioœ or I'" Ool\rRcate of tIt~ laws fii IWdI JÀI/ will
GOvern Ihe I'hor.had 01 petfeaillS LesI;ct', ~ecv~ I_tat in IIIe Equip..,.,!.
Iv:
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A~ for Leuee
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pg.5
MUNI CIP AL CERTIFICATE
I, r::..lll€ VJH./'l:ll£ of CITY OF CLEkMONT. hereby certify that
the Municip:i\1 Lease Purchase Agréement, dated _14 ... 3 þ .0.:1 . œtween GMACJ as Lessor and
CITY OF CLERMONT, leasing the Equipment described, was executed by me on the .....3ß~
day of ..J lot"'" ~ ,20 IJ ~ ; and that I ha\'e full power æu1 authority to execute the
Municipal Lease Purchase Agreement, and that the: power to enter into the Lease Purchase
Agreement granted to CITY OF CLERMONT. has not been withdrawn, a.nd that aU required.
procedwes necessary to make the Municipal Lease Purchase Agreement a I~Sa1 and binding
obligation of'the Lessee have: been followed.
I also certify that pa~Tt1ent due by the CITY OF CLERMONT Wlder the Municipal Lease Purchase
Agreement retètred herein for the cuuent lease teIm are within the current budget and within an
availableJ unt:xhausted and unencumbered ap~opriation of the municj~ity of the CITY OF
CLERMONT. .
-f'C-
IN WITNESS WHEREOF, I have set my band this :3 CI dAy of J ¿c f'{~ 20~.
Attest: ~
~,
(Sign~-e)
Agency Official
,,-.
~~~
SÆtu; ~~
(Tide)
l~
(Title:)
~
.
, -
. ¿., VOl' V., . n.. ....,..,., .'n.... 'tV., 'tV, ~...v...
I(!,J UUl
. .
.
.
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"'JllAv U4\.. .LI~':)U1\JU~vr.
--:.
. ,
Delivery and Acceptance Certificate
Vehicles (s) for Municipal Lease/Purchase
Payment
Struot'u.re. ..
12 Quarterly
An annual rate of.. .
4.65%
" Year
1. 2002
2.
3.
4.
S.
6.
:\take
Chevrolet
Modtl
TaI1oe -
Yilt
lONEJ(13ZS2J317S3~
Coat
$27.500.00
PaymeDt
$2,440.13
Total Cost of the "ehjcl~ (i):
Total Payments:
-
Eq~PD=t Locan: (00mS? ~~1;ZX <'- ~ cJ;:~,ri ~ nil
j r;) '-')
Under tJ1e Municipal Lease Agreement dated , (Lease) between Gen~t~otQèf
Acceptance CorpOnltion (the Lessor) and the wdersigncd Lessee, the l.A:ssee hereby cet{u'"fies that':
the vehicle (s) listed above has (have) been dcliv~d to Lessee, tClsted and inspected by1æssee, 1.1:J
found to be in good order and accepted u Equipment und£r the Lease, all on the date inHrcated ;J~
below. .s:;-'
The Lesse hereby agrees to lease/purchase the vehicJes as described.
CITY OF CLE~
MANAGER g ~
.
Date: 7" J }
.
. -
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.
.
.
--, y-, -- .u. ~-._- £........ "v"" "VI _.LV.L
"'"111'" U^'" U"'L'!'\AL""r.
OMAC SCHEDULE B
PaynJE:nt Schedule to the Leas~ AgreemMt dated ()~ r:; .3 .
. .
Customer:
Dealer:
Equip.ment J:
Equipment 2:
Tenn:
Annual Percentage Rate:
First Payment:
Amount Finanoed:
Pilyme.nt Amount:
Total Interest:
End of Leas~ Purchase Option:
t4 OF
~MTS
MADB
J
PAYMENT
S2,4.to.13
$2,440.H
$2,440.13
S2.440.B
$2,440,13
$2,440.13
$2.440.13
$2.440,13
$2.4",0.13
$2.-HO,]3
$2,440.13
$2,440.13
CtlSTOMEltS
BAt,ANCE
S2!,OSP.87
$22,911.06
$10,'137.17
$J3,~38.21
$16,313.59
n~.O6U t
$11,786.46
$9,483.35
$7,153,46
$4,796.49
$2,412.12
SO.03
2
3
"
.5
6
7
8
9
to
JI
12
CITY OF CLERMONT
CLASSIC CHEVROLET
1 2002 CHEVROLET
12 Quarterly
4.65%
in AdV'al1Cð
$27,500.00
$2,440.13
$1,781.56
SI per unit
BALANCE:
~.R.C:£NT OF
COST
91.13%
83.3IYo
'~.41%
67,41 Yo
~9.J2%
51.14%
41.86"
34.48%
26.01~
7.44~
8.77%
O.t1O%
RI:DUcnON
IN PRINCIPAL
$2,440,13
S2,14Ul
$2,173.79
S2,1~9.D6
$2,224.62
52,250.48
S2,27~.6'
$2,303.11
$2.329.89
$2.356'.517
$2,384.37
$2.4]2.09
I{{JUUø
lJ'I.'TEREST ON
PRINCJP At
moo
$291.32
S266 .34
$241.07
S2IBJ
$1 '5I.~,
$163.48
$137.02
S1l0.:24
$0.16
$SS.76
S28.~
. -
.
.
.
¿.., v.n VOl &'n&.Lv. 0.10 &'I1A "VO "V' "'.LV.L
. .
(Lessor)
~ne.ral Motors A~ceptanœ COrporation
P.O. Box 251329
PIano, TX 75026
uNAv V^v ~~~UNU~v~
I(f UUlf
(Lessee)
CITY OF CLERMONT
865 W MONTROSE ST
CLERMONT. F,L 34711
¿-
9~
Title: / ~ A, ~
.
7'"./. -~J
Date:
~~...~ .,..~ ...,,~..........~....
I'!OV ë:-l_- ~-:r-O2-:'44pu- --- B-":~ñ;'- Sales L Leasine¡ 2,j "1990
.
.
.
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11/21/97 FRI 15:15 F~X ~17 õ98 8818
cuc TRUCKS
---...
pg.S
MUNICIPAL CERTIFICATE
I, Mi~h~~ F, H911er of the City Of Clermont hereby certify that the
MUhicipal L~ Purchase AgreeJXlcnt. dated - ~OV. 24 19~ between
GMAc. IS Les5Qr and the City Of Clermont as Lessee, leasing the: Equipment de¡çriòcd, was
executed by me on the 24th day of Nev. I 1997 ; and that I have full POWer
and authority to execute the Municipa1 Lease Purchase AgJœI1lent. ~d that the power to enter into
the Lease Purchase Agreement granted. to l11e by the City Of Clem¡ont has not been withdrawn, and
that all required procecl.l=s I1eCCSsary to make the Municipal Lease Purchase Agtee¡nent a legal and
binding obligation c)f the Lessee have been followed. .
I abo certify that payment due by the City Of Clennont under ~ Municipal Lease Purchase
AgrceftJer1t refened herein for tbe CUJfel1t lease tt:¡:m are within the cum:at budget and within an
available, unexhausted 8Dd unencumbered appropriation of the municipality of the City Of
Clermont.
IN WIl'NESs WHEREOF. I ha\fe set my band this 2<4,tþdayof Nev.
1921--.
Attest:
Agençy OfIicîa1
9o"'h.; C' ¡ ~ H-tJ.l)ð'f\
(Signarure)
m(JJ<~~
(Signature)
Ci ty ('10:"--3<
(Title:)
~Pyt'l'l"
(Title)
... --
.... "ZVV "ZV' ".LV.L ""'11\.'" 1/1\.'" J.1~"LInl\..L~"'r.
ñã":;-'.:=-t ~¡'ï~D1t:. 41.';" Br-owns Sa I es a. Leas i ne: 2" '-'1990
-;
; -..J ,-...
11121/97 FRI lS!15 FAX 317 G9S 6818 GMAC TRUCKS
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æ. OOV'EJUl.'1NCI tAw. This t~ ItmJI k C ØU'.rved In morducx: wilh, Ilid cavcnle~ !I)'.Wi Jaw. or, lite StIIAI orllt Equipn¡enl J.DcWm,.
:¡4. DEUVlJR,Y OF Ni.A. 1'œ DOC~. Ussee ttl/l CllCÇI¡II: !If 2IOYidc, IS ~lICStel! by Laaor, IUd! oChu dOa.l~u IIrId ín(CIf1ØI\i. " II III'C
n:uOJlably neeeuuy wiIh I'CIpCClkJ IIJe II"Ina8çUœ aIfåm~4 by IJW¡ 1.Q.'e,.
~s. ENTJRB AOREEMeNT: VIA-rVER. This Lase. ~ wiIÞ ~ CaUvery Ù14 A'ClCp/,IQ¡;e CeI\IrU:a&e 1114 oct.w IIØad1mcnu 1IcIctø, IIn4 Od1cr
~ Of ~,t: I~ ~ ~y Lessee 8l1li r..c.ssør ÍII CIOIIMCIioIIllelt:widl. mIII1il1lle die: l:1Itite ~ btLwcc:n the: pIdIaI ~ rc¡pcct to I!Ic:
lcwcarll1c I!quifl~t IIId tIIis I.cæe 111.1 noL hi: hla4ilkd, 1IftItnw, aJt.crc:d, 01' chill\8Cd ùõ.cp~ wIrh lite 'IWIitrc" çOft¡a¡, ofLc!KC and LcsJgt, ÑI'1
proril~ vrlJlI. I.cIßIbuncJ IrI lie prohibllcd by 4w ~11Iç inctr£CIJvc 10 d~ CJ,1Iònc or MI p-i&ilion wilhollt. iUValÏllllli'1C till: remalllda- of 1M Lt.\$e.
The -.¡Îm' ~ l.asor oraQ)/ IIIadI by L.øssec of 811)' 1Imn, ~ lit C\JCId""'DllIIåtIa( "111110( 0pInI/I: lIS iiI WllÍV<t or IIIIY suh$cqucn( bn:adJ ~
(Lcs$or)
General Motors AcceptllAc:e Corporation
P.O. Bo)t 50470
Ind~lis, IN 46250
(Lesse.: )
City OfClennont
50S Lartabee St.
Clermont.IA 521)5
.
8)':
1'1)';
t11J~fL
Dale:
TIlle: ~aynr
Oau: Nov. 24, 1997
OPINfON O~ COLJNSeJ.
Wilh re&øed fg rhal catah1 Munlc~ L.IwrIoPurel\4$e ~GClftlnc "",Me! cliIt:d --1k /" Lf /q 7 by ar.d ~ Cienml Mo~1'5
Act'llpQllœ CarpgrtltÏaro II1d 1M ~ I iIn\ 0( ¡he gpinian II1:m Ii) 1M Lessee is . QHlOI!mpt "'1Itr under Seaicn 103 of If1a lrneftUII klMlnlle
~ Pi) h wxeQ,¡cion, deIivetv end ~Þ! hy Ó1e LätIRe of 1M Lease M\4e been duIY:JU1hori,ted by all ~ action On lI1e øal1 of tM
\.ØIe8¡ Gill Ih le:IsI c-An5IituIu , baal, valid ;nd bind"Ø'\I obIipCi4n qf!he ~ enr~ in ICCOnMnœ wÌIJ\ iU !elms and all am8ml:nl:!
eontained In lIlt lease .nd qlllllb~ In1tNl'r\entS III! tfUe; {"IYI LeSStv hu IiIlAident '"Ollie ",Qlbble ~ III- all P4)yIIIenli nsqull'l!d to be paid
"lid... the Lo- durin, rtIe ~ fisW yur of h L.tMC, 8nc11Uc:tIlnQl'lits 11.~ bœ... properly b~ ¥'d ~propriaCed for !hi, PUIpOS~ in
:I~QC with 5WI! law; and tv! the UI\ÜOCIn ColT1l1'll!rc:j~ CocIe ohhlllit¡fl! whim Ih. EqulØ/!l&nc islocøted Ind or l~e (l: t\1I~e oftille laws of
.... - ..11 -. ~......... " -...... ...."" - ~ ... ~-~~
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Br~~ns Sales & L@asing
2.....~t990
'--'"
p.2
III 007
..........,'
11/21/97 FRI 1&:18 FAX 317 598 6818
GHAC TRUCKS
pgS
Delivery and Acceptance Certificate
1 Vehicle(s) .for MunIcipal Leaic/Purchase
Payment
S~cture ---
8 SemJ..Annual
An anncJat rate ot -n
;.25%
1# YEAR
MAKE
MODEL
VIN
COST
PAYMENT
1 1 $98 ChevrQlet
CK20903
1GcGK24MWz12~
$24,300,00
$3,429,23
Total Cost of the vehicle(s):
$
24.300.00
T etal Payrnenœ;
$3,429,23
Equipment location (Garaged at);
416 State Street
City Ga~a~e in Clermont a~
Under the Municipal Lease Agreement dated Nov - 24 r 1997 r (Lease) between
General Moton¡ Acoeptal\ee Ccrporatian (the Lessor) find the undersigned Lessee, the
Lessee hereby œrtifie$ that the veÞicle(s) listed above has(h~ve) been delivered
10 Lessee. tested and inspected by Lessee, found to be in good orner and accepted
as Equipmeot under the Lease. all on the date indicated below-
The Lessee l'Iel'8by agrees to lease/purchase the vehicles as desaibed.
City Of CI8ITI10nt
By:_¡r;~~
By:
Date:
Date: Nov. 24. , 997
.. - , ....
..~... 0::... ~r U~;~ó::Ip
. . . .> .
B~owns Sales & Leasinc
-= V~U
241:;;1890
. I
.,'11/21iS7..PRI 1.5:1'1 FA! 317 ~ 8818
GMAC TRUCKS
,--,'
p. 1
~OO8
GMAC SCHEDULË B
P9.7
.
Payment Senedule to the lease Agreement dated N n v . 2 ~ , 1 Q 9 7
CUSTOMER:
DE:ALEFt
EOUrpMENT 1;
EQUIPMENT 2:
TERM:
ANNUALPERCENTAGERA~
FIRST PAYMeNT:
AMOUNT FINANCeD:
PAYMENT AMOUNT:
TOTAL INTEREST:
END OF LEASE PURCHASE OPTION
City or CleM1ont
Brown's Sales & LeMing
1998 CK20903
6 Semi-Annual
7.~%
in Advance
$24,300.00
$3,429.23
$3, f33.84
'1 per unit
.
'OF BALANCE: REDUCTION INTEREST
PMTS CUSTOMERS PERCENT IN ON
MADE PAYMENT BALANCI:; OF COST PRINCIPAl PR1NClPAL
-- _. --.
1 $3,429.23 ~20,87a.77 85.89% $3,429.23 $0.00
2 $3,429,23 $18,198.11 74,89% $2,672.66 $756.57
3 $3,429.23 $16,428.56 63.49% $2,769.55 5659.68
4 $3.4129.23 $12.5~.e1 51.68% $2,869.94 $559.29
5 $30'429.23 $9,584.63 39.44% $2,973.98 $455.25
6 $3,429.23 $6,502.84 26.78% $3,081,79 $347.44
., $31429.23 $3.309.34 13.6211,(. $3,193.50 $235.7:3
S $3.429,23 $0.00 0.00% $3,309.27 $119.GG
(Lasor)
General Mom,. Aceeptanc:e Co~ration
P.O. BOIC 50470
Jncli~PQIis, IN ~2fO
(tuN')
City Of ClemIOCIt
50S ~~bec it.
CIf!m\ont.1A 52135
By
BYi fJ1 ¿JJg:- JjfJÛ-.,
Tille: Mayor
TI1I~ -
Date: Nnv. ?4. , QQ7
.
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Facsimile Cover Sheet
To:
Company:
Phone:
Fax:
From:
Company:
Phone:
Fax:
Date:
Pages including this
cover page:
Comments:
CONTRACT
LISA
(352) 394-4082
BARBARA SMITTER
GMAC
(469) 467-3515
(469) 467-2101
12/5/03
The information contained in this facsimile message is privileged and confidential information intended
only for the use of the individual or entity named above. If the reader oftbis message is not the intended
recipient, you are hereby notified that any dissemination, distribution or copying of this communication is
strictly prohibited. If you have received this commW1Ïcation in error, please immediately notify lIS by
telephone at the above number.
Thank you.......GMAC,
""
f.um.,...
