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P R E S I D I O Capital Iogy <br /> April 26, 2016 <br /> City of Decatur <br /> 1 Gary K.Anderson Plaza <br /> Decatur, IL 62523 <br /> Attn: Jim Edwards <br /> City Wide Voice <br /> 5 Year Lease Proposal <br /> This letter shall serve as a Letter of Proposal to City of Decatur by Presidio Technology Capital ("PTC"), to <br /> provide financing for your City Wide Voice project. This Letter of Proposal is the property of PTC and contains <br /> proprietary and confidential information that is for the exclusive use of PTC and City of Decatur. <br /> PTC is pleased to present this financing solution to City of Decatur for their Cisco equipment. <br /> The details of the proposed transaction are as follows: <br /> Lessor: Presidio Technology Capital <br /> Lessee: City of Decatur <br /> Project Name: Cisco Deployment—City Wide Voice <br /> Acquisition cost: $392,016.32 <br /> E ui ment Term Interest rate Annual Pa ment <br /> Cisco 5 ears 0% $78,403.26 <br /> Anticipated Lease <br /> Schedule Start Date: On the 15`day of the month following acceptance. <br /> Payment Frequency: Annual, in advance. <br /> End of Term: $1 buyout <br /> Asset Management: Lessee will have access to Lessor's proprietary online technology leased asset <br /> management tool ("PASS). PASS will assist with the program rollout and <br /> tracking of the leased assets over the life of the program. PTC can also <br /> provide a dedicated project manager to help integrate the Lessee's process <br /> with PTC's process. <br /> Proposal Acceptance: This proposal represents a firm commitment between Lessor and Lessee to <br /> complete this transaction subject to the terms set forth herein. If this proposal <br /> is acceptable, please indicate so in the space provided and email this copy to <br /> me as a pdi to jdiskin(a�presidio.com If the Lessee would like to revisit any of <br />