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R2013-07 AUTHORIZING CITY MANAGER TO ENTER INTO A LEASE PURCHASE NINE 2012 CHEVROLET IMPALA POLICE PURSUIT VEHICLES
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R2013-07 AUTHORIZING CITY MANAGER TO ENTER INTO A LEASE PURCHASE NINE 2012 CHEVROLET IMPALA POLICE PURSUIT VEHICLES
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Last modified
8/19/2015 2:27:56 PM
Creation date
8/19/2015 2:27:52 PM
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Resolution/Ordinance
Res Ord Num
R2013-07
Res Ord Title
AUTHORIZING THE CITY MANAGER TO ENTER INTO AN AGREEMENT TO LEASE PURCHASE NINE 2012 CHEVROLET IMPALA POLICE PURSUIT VEHICLES & VEHICLE ACCESSORY EQUIPMENT PACKAGE
Approved Date
1/22/2013
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PAYMENT SCHEDULE <br /> MUNICIPAL LEASE AND OPTION AGREEMENT <br /> (LEASE NUMBER-#55163945-10845 <br /> DUE PAYMENT RENT INTEREST <br /> DATE NUMBER PAYMENT A 1.59% PRINCIPAL <br /> 05-05-2013 1 $20,793.54 799.57 19,993.97 <br /> 08-05-2013 2 $20,793.54 745.28 20,048.26 <br /> 11-05-2013 3 $20,793.54 663.83 20,129.71 <br /> 02-05-2014 4 $20,793.54 582.02 20,211.52 <br /> 05-05-2014 5 $20,793.54 483.60 20,309.94 <br /> 08-05-2014 6 $20,793.54 417.38 20,376.16 <br /> 11-05-2014 7 $20,793.54 334.58 20,458.96 <br /> 02-05-0215 8 $20,793.54 251.45 20,542.09 <br /> 05-05-2015 9 $20,793.54 162.50 20,631.04 <br /> 08-05-2015 10 $20,793.50 84.15 20,709.35 <br /> In addition to the above payments, Lessee shall pay a $250.00 documentation preparation fee to <br /> Lessor,which is due on February 5,2013. <br /> PURCHASE PRICE <br /> THE FOLLOWING IS THE LESSEE'S PURCHASE PRICE AFTER THE RECEIPT OF THE <br /> PAYMENT DUE ON SUCH DATE. <br /> PURCHASE <br /> DATE PRICE <br /> 05-05-2013 183,417.03 <br /> 08-05-2013 163.368.77 <br /> 11-05-2013 143,239.06 <br /> 02-05-2014 123,027.54 <br /> 05-05-2014 102,717.60 <br /> 08-05-2014 82,341.44 <br /> 11-05-2014 61,882.48 <br /> 02-05-0215 41,340.39 <br /> 05-05-2015 20,709.35 <br /> 08-05-2015 1.00 <br /> 13 <br />
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