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R2011-136 AUTHORIZING THE CITY MANAGER TO ENTER INTO AN AGREEMENT
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R2011-136 AUTHORIZING THE CITY MANAGER TO ENTER INTO AN AGREEMENT
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Last modified
8/31/2015 3:59:47 PM
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8/31/2015 3:59:45 PM
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Resolution/Ordinance
Res Ord Num
R2011-136
Res Ord Title
AUTHORIZING THE CITY MANAGER TO ENTER INTO AN AGREEMENT TO LEASE PURCHASE A PIERCE VELOCITY 100' PLATFORM FIRE TRUCK
Approved Date
8/29/2011
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PAYMENT SCHEDULE <br /> MUNICIPAL LEASE AND OPTION AGREEMENT <br /> (LEASE NUMBER - #7007117) <br /> DUE PAYMENT RENT INTEREST <br /> DATE NUMBER PAYMENT Q 2.37% PRINCIPAL <br /> 9-1-12 1 $ $ 22,464.05 $ 126,080.24 <br /> 148,544.28 <br /> 9-1-13 2 19,475.94 129,068.34 <br /> 148,544.28 <br /> 9-1-14 3 148,544.28 132,127.26 <br /> 9-1-15 4 148,544.28 16,417.02 135,258.67 <br /> 9-1-16 5 148,544.28 138,464.30 <br /> 9-1-17 6 148,544.28 13,285.61 141,745.91 <br /> 9-1-18 7 148,544.28 145,105.29 <br /> 10,079.98 <br /> 6,798.37 <br /> 3,439.00 <br /> In addition to the above payments, Lessee shall pay a $500.00 documentation preparation fee <br /> to Universal Leasing Associates, Inc., which is due on September 1, 2011. <br /> PURCHASE PRICE <br /> THE FOLLOWING IS THE LESSEE'S PURCHASE PRICE AFTER THE RECEIPT OF <br /> THE PAYMENT DUE ON SUCH DATE, <br /> PURCHASE <br /> DATE PRICE <br /> 9-1-12 $821,769.76 <br /> 9-1-13 692,701.43 <br /> 9-1-14 560,574.17 <br /> 9-1-15 425,315.50 <br /> 9-1-16 286,851.19 <br /> 9-1-17 145,105.29 <br /> 9-1-18 1.00 <br /> 11 <br />
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