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AGREEMENT II! <br /> AGREEMENT made by and between the City of Decatur, Illinois, a municipal <br /> corporation ("City") and Coe Equipment, Inc. ("Coe"). <br /> For and in consideration of the promises and obligations made and assumed hereunder, <br /> the City and Coe agree as follows: <br /> 1. The City shall purchase from Coe one (1) 1999 Vactor model 2110P sewer and <br /> catch basin cleaner for the price listed on Exhibit A hereto as item #1. Ilelivery shall be within <br /> n..-�._. �/ <br /> of receipt of chassis r <br /> two (2) months of the date and payment shall be made within one(1)week thereafter. <br /> 2. At the end of either 6,500 operating hours or 5 years, whichever first occurs, Coe <br /> and chassis `�`���� <br /> shall repurchase said sewer and catch basin cleaner,�from the City for the sum of$86,881. <br /> 3. Equipment purchased under this agreement will be operated by the City for <br /> cleaning manholes and catch basins; cleaning,jetting, derooting sewers and other purposes which <br /> the equipment is designed. '� <br /> 4. The City will assume responsibility for all repair costs resulting from damage due ' <br /> to fire, windstorm, flood and rising waters, lightning, theft and pilferage, vandalism and � <br /> accidents. Total cost of the repairs due to the above circumstances will not be included in i <br /> computing the guaranteed maximum total cost of repairs covered under the contract. I <br /> 5. Coe shall pay for all repairs (including parts and labor) to the equipment covered <br /> by the manufacturer's warranty, and those costs shall not be included in the total cost of repairs. I', <br />