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. , , ,` . , . <br /> � � AGREEMENT <br /> AGREEMENT made by and between the City of Decatur, Illinois, <br /> a municipal corporation ( "City" ) and Eighmy Machinery, Inc. <br /> ( "Eighmy" ) . <br /> For and in consideration of the promises and obligations <br /> made and assumed hereunder, the City and Eighmy agree as follows : <br /> 1 . The City stiall purchase from Eighmy Two ( 2 ) Case model <br /> 621 Diesel-Powered endloaders , for the price listed on Exhibit A <br /> hereto as item #1 . Delivery shall be within two ( 2 ) months of <br /> the date hereof, and payment shall be made within one ( 1 ) week <br /> thereafter. <br /> 2 . At the end of either 5, 000 operating hours or 5 years , <br /> whichever first occurs , Eighmy shall repurchase both of said <br /> endloaders from the City for the sum of $110, 000. <br /> 3 . Equipment purchased under this agreement will be <br /> operated by the City for road grading, repair, maintenance, <br /> construction, stockpile loading, clean-up and other purposes <br /> for which the equipment is designed. <br /> 4 . The City will assume responsibility for all repair <br /> costs resulting from damage due to fire, windstorm, flood and <br /> rising waters , lightning, theft and pilferage, vandalism <br /> and accidents. Total cost of the repairs due to the above <br /> circumstances will not be included in com utin the uaranteed <br /> P 9 9 <br /> maximum total cost of repairs covered under the contract . <br /> 5 . Eighmy shall pay for all repairs ( including parts and <br /> labor) to the equipment covered by the manufacturer' s warranty, <br /> and those costs shall not be included in the total cost of <br /> repairs . <br />