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5960 AUTHORIZING AGREEMENT FOR LEASE OF DATA PROCESSING EQUIPMENT (ITEL CORPORATION)
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5960 AUTHORIZING AGREEMENT FOR LEASE OF DATA PROCESSING EQUIPMENT (ITEL CORPORATION)
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Last modified
10/17/2016 8:55:50 AM
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10/17/2016 8:55:49 AM
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Resolution/Ordinance
Res Ord Num
5960
Res Ord Title
AUTHORIZING AGREEMENT FOR LEASE OF DATA PROCESSING EQUIPMENT (ITEL CORPORATION)
Approved Date
7/15/1974
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� iVlachine Schedule .._._.....-•--•--••A-•.......................••-•------- <br /> • Reference No. .......................563 � <br /> LOCATIOlV OF EQUIP�ZENT: ... ..............••--••----.....----- <br /> ' Page ...1--- of ...._.....2..................... <br /> ._...__707 East Wood Street _._..._..... TERhT: •-•-•.............. <br /> .. ...........•---••----...-•--••-----•---------...._...._...._..._.. � __........_.....--•-••----•---•- Months <br /> ........� <br /> Decatur, Illinois 62523 TOTAL ITEL MONTHLY AVAILABILITY <br /> - --- - ••......................•---------.. ._ <br /> CHARGE FOR THIS MACHINE SCHEDULE <br /> 1. Machines and Features Leased. � * See Page 2 of 2 <br /> ............................... <br /> Serial <br /> TYPe& No. Description ITEL Monthly <br /> Item No. Model /Feature (Including Features) Availability Charge <br /> 1 2040 G Central Processing Unit <br /> 3237 Decimal Arithmetic <br /> 6980 lst Selector Channel . <br /> 6981 2nd Selector Channel <br /> 7520 Storage Protection <br /> 7920 1052 Adapter <br /> �2 1052 Console Printer <br /> 3 2401-�5 , Magnetic Tape Unit <br /> 4 2403-�� � Magnetic Tape and Control <br /> 5 3200-1 Disk Control Unit <br /> 6 3101-1 Disk Drive <br /> 2. Prior Agreements; Commencement of Lease; Rent. <br /> Upon the commencement date of this Machine Schedule, any other machine schedule and all riders <br /> incorporated therein by reference with respect to the Equipment covered by this 12achine Schedule shall be <br /> terminated and of no force or effect. The term of the Lease shall commence on the first day of the month <br /> following the date of installation of the last item of F_quipment listed on this Machine Schedule. Rent for <br /> each item of Equipment shall begin on the date of installation of such �quipment and shall be due and payable <br /> as follows: (i) rent for any partial month shall be due and payable on the first day of the month following <br /> the date of installation; (ii) rent for each itenn of Equipment shall be due inonthly in advance on or before <br /> the first day of each month for the terui thereof. Service charges for overdue rent shall equal 1%% per montti <br /> on the overdue balance. - <br /> 3. Date of Installation. <br /> Z'he date of installation for any item of �quipmeait for the purposes of this Machine ScheduIe shall be <br /> . the date, specified in �vriting by tlie Lessor, that such item is installed and in good working order. <br /> Ix Wr•rrrEss WtirxFor, the I.essee and ITEL Computer Leasing Corporation have executed t�iis Machine <br /> Schedule effective as of the date executed by ITEL Computer Leasing Corporatio2i. <br />' IT�L C031PU'LEF LEASING CORPORr1TION LESSEE Clty of Decatur <br /> One T:mbarcadero Center <br />, San Francisco, California 9411 � <br /> BY 'r�>�j�������--- `•--r'���ECI�%�- BY - - � �j'L� <br />''�, Title __�.- ----- • -•��ii���G'���1°�" . ' 1 <br /> I - - - - -4� - -•------- Title ------------------City--Mana_qer----------•--- <br /> Date �_<..�. ---�� � ^' ✓�-� '_ �� <br /> ----•--•-•-------- ••- -- ................................. Date ....._._..-----......---•-----------•---•----------.....-------•�--•--------•--• I <br /> Form CEL <br /> JC:CO-3/7/74 <br /> 1 <br /> i <br />
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