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HomeMy WebLinkAboutResolution_11-03/04_11/13/2003C7 RESOLUTION NO. 11-03/04 A RESOLUTION OF THE VILLAGE COUNCIL OF THE VILLAGE OF TEQUESTA, PALM BEACH COUNTY, FLORIDA, APPROVING THE PURCHASE OF ONE (1), 2004 CHEVROLET TAHOE, 4X4, FROM LOU BACHRODT CHEVROLET COM~RCIAL VEHICALS, INC. OF COCONUT CREEK, FLORIDA, LOW BIDDER, FOR THE NET CAPITALIZED COST OF $31,195.00, PURCHASED WITH LEASE PURCHASE PROCEEDS, FROM A SIXTY (60) MONTH LEASE PURCHASE PROGRAM, PROVIDED BY GMAC COI~RCTnT. SERVICES GROUP, HAVING AN ANNUAL INTEREST RATE OF 5.65$, HAVING MONTHLY PAYMENTS OF $595.22 MADE IN ADVANCE, HAVING THE FIRST NINE (9) MONTHS OF PAYN~NTS BUDGETED TO THE FY 03/04 BUDGET YEAR, AND AUTHORIZING THE VILLAGE MANAGER TO EXECUTE THE APPLICABLE CONTRACTS ON BEHALF OF THE VILLAGE. • NOW, THEREFORE, BE IT RESOLVED BY THE VILLAGE COUNCIL OF THE VILLAGE OF TEQUESTA, PALM BEACH COUNTY, FLORIDA, AS FOLLOWS: Section 1. The purchase of one (1), 2004 Chevrolet Tahoe, 4X4, to Lou Bachrodt Chevrolet Commercial Vehicles Inc., of Coconut Creek, Florida, low bidder, in the amount of $31,195.00, with vehicle details attached hereto as Exhibit "A" and incorporated by reference as part of this Resolution is hereby approved and the Village Manager is authorized to execute the applicable contract on behalf of the Village. Section 2. To enter into a sixty (60) month lease agreement with GMAC Commercial Services Group, for the purchase of one (1), 2004 Chevrolet Tahoe, 4X4, having a net capitalized cost of $31,195.00, having an interest rate of 5.65%, having sixty (60) monthly payments, having monthly payments of $595.22 made in advance in accordance with the GMAC Commercial Services Group ComTRAC Quote Sheet as attached hereto as Exhibit "B" and incorporated by reference as part of this Resolution is hereby approved and the Village Manager is authorized to execute the applicable contract on behalf of the Village. • • THE FOREGOING RESOLUTION WAS OFFERED by Councilmember who moved its adoption. The motion was seconded by Councilmember , and upon being put to a vote, the vote was as follows: FOR ADOPTION AGAINST ADOPTION j ~~il,`~ GV ~y? ~ k C~G:t~~~ J~'lP~ivJ ~-t~ C,-~.~c u ~ The Mayor thereupon declared the Resolution duly passed and ~! adopted this 13th day of November I , A.D., 2003. I, MAYOR OF TEQUESTA s~~ n i 1~."~ i E ~ ~' , .. • ATTEST: . ~ Mary Mi es Village Clerk • u ,~/f~~i! - 1/~HICLE D~TAlLS • S"CANbARD EQU~M~NT - CK15106 ddr 150t14WC1 LS ElyIISSIONS Ct~2TrFICA71pN • t_E1/ certified (4.t3L engine/4-speed auto trans) 0003) • ULI_1/ certitted (5.3L engine/A-speed auto transrCA ~ NE ~asntssbets) CLIJ03) EPA FUEL EGdN~7MYf?A'fi1NGS • City 14JFtvey 18 (4.SL engine/4-speed auto trans) (2003) • City 14Thwy 18 (5.3L bi-fUpl ertgine/4speed auto trans w/slgs) (2003) • filly 10/hwy 13 (5.3L bt-fuel cng+n~~speed auto Irons wA?85 gas/ettzano~ n~hc} (2003) + Gily 13/hwy 17 (5-3L enginel4.•speed gala trg~) (2x03) dCTEF'lOR + Lugggge rack, rov#-mounted, Black, side rgils only (Ce+tt~r ra#a av~leble in (PCmC) Car~c Packs,~e • l3utnper, front, chrome (Refer to Color Gortrpgt~ljr chgrl for t Bfgck+~s. calur-key~yrJ top p:,:~ + Bumper, rear, chrome s#ep, imcludea pad • Air dam, Gray • Moldings. bodyside (9edyside moldings gre Mgtte Black) + Assist steps, gladt, mounted between frvnt and rear wheals at botbm of roc~r penal • Gt11fe, chrome surround . Headlamps, dual hglogen composite, includes ftgstrio-perms feature grid auttmtatic lamp GontRY t + bgylime running tamps, includes au6otr~ic exterior lamp control . • Kog lgmps, front, rattangulgr, halogen • Mirrors. outside rearvle~w, fvldarvay, power adJustable, heated • Glgss, Sotar~ay deep tinted (all vwmdows except Itgftt tiller! glass ~ wlndshietd, driver acrd frog ~t t;~~~~: • Vwdets. in6ermlttent, front warm with pulse washes • Door handles. Matte t3lack Ftepor! cotttet+t+s bgsrd nn cun'enldatavetsion renc~rl. My ~t-oe-ro~tod celcc~-atirsrs~ ~~~~ ~,~:~~-_ ~ . • as guida~-es. Achrgl un~ perfiorrnance will depend or+ your apera~ ~.' GM AubaBootc, Bete Version: 80.2. C~ta updal;ed 1tlr72pn311:28:00 AM i~fCppytight 188B-2D02 Chrome S~IStems Corpdr~or~. +Al~i;r~er,eea Custnrrrhr f=de- October 16, 20031:38:31 All - ZZti-~ Z l/10' d 9Z8-1 5Z 191tiZti9B+ ~ ~ ~11taQ-It( 3~ ~ ~ ~ ..~ , _: ~~ ~ ~ t j, i~~ ~,. ~ ~; ~ ~ h ; 48 ~'~, ~ ~ ~~ ~ 1 ~ ~~ ~ +95424T512~ I T-826 P.08/12 F-42T _ ,,, Wd LE~B£~L £OQZ '96 aa4W~0 :a~N~aa+~u49snJ ~~~ t ` ~~'swe~g awwga Z~Z-A96t. 34~d~ ! ~~1 • ~~ . ~~~~ n~ ~ 'Z'p8 -uo~aA ~ ~oaa~b '' ~ po ~~ :~ uo puadap pw- aoueuua}cad ~ le1Aob ~uNSPM~~ • _~,~..:, ~ s~ ~o4ef- Q~ ~ ~paauaaa;aa uo~ae e;sP ~uauana uo pas~q S{~,'~~2~' saosU- #t- ~asq uo s~aod ;-a sa~aaaa puk sacuAw 1~u~1 s,apua~ 'o+~A ~P +~iW- ap!s aa~ua~ed pue,a~uap'papped 'saas~ . F Rio 'aau!IP~I • s Beq a!e aaQuasssd W~ ~yBu pus aaga~pu! ~~~~~, ~.~., a~r~ '~~~u,oa~~nod-~ `tuN~p-o{c1e anp~ua~l~ ari+,+oa~{~oayoa!a'nnayusa, ep~u! 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'aequa~ uopeuuQLu! aanPa . ~e~ 'uau psdgBU~aacAssl 't~~!~" S ~ ~ 31Ws uousuu~~IwQ ~Palou! siq~fps '!aa4AA ~NJ. 'uwnioa Ouuaa}S . a!qs~ xuea 'a-w puZ pue }c,o~ pe)8d~ea 'palleq-aot~ 'sseuaJOOid . Quyecu~ pal~a~-aa!a~'6u}~e~ aaa~ . (pwepap s! ~owung ~~ ~: ~ ~ Sayre taxi aoa;owuns sapn~-u~ s!o,9ua~ ~dNa ..eas asaa pue ~~ deua sepn!aul 'lulu+ Peayaano 'at~u°~ • ,. _ ,.. (youaq 6u!Pl~ pV/O8 a amt atPPlw '~S ~~~~~ W alpea PfU die ~ ~" aa~usssed-E ' 4ouaci 8u!PW~ #U~ O~iOB 4~1~ w~~~ a1pP!u+ '~S • ~~~~~~ ~Seao; ~ a~ pus ~f+P afq~(Pe aaMai ~~ '~saawae a~Qgs u+~wP-Pio# ~~ 'S1Wa+ise, Paay .~_„~~,~,~~ •~a~a=.~ ~aa, !s~usw aa&~a~d pus ~wp ',e~~aassd-E '~auaq-ids OVIOZaAi- 4tiMa w~n~ ~uQ.y ';~eS • ?,ICIZI3J.N! Rl Q!VAtp O~'i i ~P718O1S L~~ - l.N3Wd111D3 Q21VaMtf1~ • S71 ~1~a 37~11'>t~Jl ,~ ..~--~ ~~ ~, VEHICl~ d~TAI!$ ~ • 9T'ANDARb ~tNl1=f11T ~ CKt8706 4dr 15df14VYb L3 • Asslst handier. front pa~sertger and outboard 2nd rout se:ris • Lightlng, dome lamp, drrYer and passAnger side door swlt+~ wkh delayed entry feature, cargo is •nps, d$dr t~ ~r, ar keyless remote activated illuminated entry, rasp Ughts N~ front end 2nd seat pos~ons • Key. single, 2~+ded MECNAht1CAL • Engine. Vdttec 4t30D V8 5Fi {285 HP [212.3 kWJ ~ 5~ rprn, x95 Ib.-1t ~3~.2 i~J-trr ~ ~~ .W,~i;t~ ~; _: r:; • 7tgnsntission. 4~peed automatic, etectrontoaiy c:ontrollmi w~h ttiv~drlvs and towltrat+l mode • transfer case. eledtonic Autotrac, includes w~-button cx1r~#rals (lees dWD ,ile~s- -Not urwa~iebae v~ r: ,,~°~.=i:, Stabilttrak, vehicle stabilby snhgncerr~ent system) ' '~ ~'~ • Rear axle, 3.73 ratio pncluded in paclcag~ on aWD Mudtrls only - llpgradaable to (GT5) Rear ~:xte, 4.? ~ r3'~L 4-~vheei drlvve • Battery. heavy~iuty, 600 cold-crgnking errtps. indtxles rt:ndawn protec9otl and r~!taktad a~ ~ry- po'w'er • Altentator,145 amps . Trailering v~irtng h0rness, 7~atilre • Recovery hr~oks, 2 front, fhame-mvunt~ed (Requires 4UVb Modem) • GNVVft. 68Un ibffi. (3084 i~) (included and vny grailable path xtHrb~IKodel wtweta ~"PtiP1;y~ats, r~ ~~ ,; ~<: ~.~ °:.~:, spit bench is r~rdered. - Inctud®d atxi ~nty available with itW[y Modi~ wltan IADI~ Seats, rear ' i~ ro~v ~+~~ ~ ~t=- bench Is net ordered) • Body. rear cargo pattei doors (UpgrgdeaWe td (E52) t3od t. ~~ lakis = Mot avr41~1b1e r ~ittt (ppC~) S ~~~. rear and row 5(1/50 split: bentlt) • Suspension padage. t~rerniurr+ Sn+ot~th Ride • 5usper»n, ftor~t intlepandent torsion tmr, and s~bilizer bar • Susper~inn, rear, mulft-link with tail springs • 'tires. P265l7(1R16. all-season trfuring, blackwall (Upgraceabie to ({'lAAIC) i~nsa. i~rltiR18. a treason tei~~i~~;. white outknadaefter) • 'fire. spare. foil-~e,16" (40.6 cm) steel wheel located at rear und$rbody of vehic~, t,~a~kv~ti Wheels, 4 - i6' x y'" (40.6 crn x 17.8 cm) 6~ug cast aluminc~n, includes steel re • Tire carrier. lockable, outside spare, wirtch~,ype mounted under irame at rear, wl~ t • S11esring, power ~~~ ~~'~ • Lirak~. 4wheel antNock, 4wt+eei disc, trydroboost + f=uel cepaaly, appro>dmate, 26 gallon (gg liters) NO i~ ~ , • "ALL StANDARb3 ARE 2004 UNLESS C7tHERWlSE MOT~b" t ~sr ~. ' ;[~'~ ~. SA~:TY x~ j • Brakes, 4-wheel at+tilock. 4wheel d~c, hydroboo3t • Air bags, frontal. drhrerand right ~rontpassetlger, indude~ S!lnsi~ 9,ysterr~ (:rarer ~~.;v~.:d c;: stat0s dl$play on inside reatview mirivt7 (Always use safety b add pr-r dd t.isyrm~ts. eve °r; ~~~. ~ ~_- Children are safer when propery ~aured in a rear seat : l~ ~~ , ~ ty er-fC~rmat; ~. ~ • Safety belts. 3-point. driver and front passenger, in all ' ! ` ~ ` "~ {' p, rsikon -~ 1 ~ ~ ~.,' r~r which are tap qny • lA7CW systetrE, q-o~wer Anchors and 'fc~p t+athers fnr Ch4iren), ~ sa~- seats Report content ~ based nn current dat4 version referenced. 4n!- ~~r tulaticns .ire o~~r~ ~ ~,_: _; • as guidelines. Ac#ual unit performance will depehd on your rrpg' kthl4~ ` GM AutdBoak, q~ Version: $d.2. D~ 10~P 1 A X8.00 J,ld~i ®cppyright 19~-2tX>'d Chrome Sys~m$ ~ ~ ~~ ~~t~lerveld- Custorr~r I~lei Oraober 1t3. ZOD31:38:32 PM I . i ,~ 1 i, ~ ~~ ~~,~, I ZZt-i Zl/BO~d 9'~B-1 ZlSlYZi•96+ i ~~ ~~ ~ ~~~~ i i ~ !~ 6V~~~ t:,~~~:-~~: '~ ,, , ~ ~~ YEFIICL~ Q~'AILS • SEI.ECtED OPTIONS - CK15706 4dr 1$bi141ND L.8 CA~EQO Go Desk c~-Mion AbbrriONAL Op't'IONS PDH bRIVER CONVENIENCE PACKAGE included Unfversai tr~tnsrni8er, Power adjustable vedels and (Uk3) b`beering wheel mounted corthols for audio and driver information center (Requires # 5K preferred Equipment JI=4 Group) PEDALS, pOVYER AbJUSTA (Included smd only available with (Pbl-~ brlver Cortvenler~ce E'acka~ge) (Requires 1 sK ~eferrnd $7# Equipment Group) YVWEEL FLARl=S, FRONT ANp REAR (refer ~ Gninr CornpaEj- chgrt for Mettle Black vs. vvloraceyed wheel Ogres) KNP EXtEaNAL 'I'Rp,NSAAISSiON OIL- COOLER. AUXILIARY. COOLING , Hi:AVY-bUTY AIF2-TO-OtL Anduded and on~y able witl+ (~8~ traAering p~quiprneM. heavy~futy.) JL4 S'CABILITE2AK, VEHICLE STA6ILITY ENHAhICEMENT SYSTEM includes Threshold svwtch (with 1 SJ preferred Equipment Group Requires (LM71L58) Engine. Vottec 5300 V8 Spl-Nvk abte with (G80) ai~erentlai, locking. heavy-duty, regr. t?n 4Wb Mode. indudes (NRd) Ttan,fer case. open differential-) (with #SK pte~e+*ed Equipment Group Not available with (C:80) b~fFerenfjal, I~~clch+g, h~vy-duty. regr- On 4tJVD Mod®Is. indudes (NRd) Transfer cg~se, open dMfen~nliaL) Z82 TRAILEaING EQUIpMENt. HEAVY-DUTY Includes tr~er'ing h~th platFotm, 7-lead wirSng connecter and (KN~ Cool~g, ex~mal transmtwion o~1 cooler, tteiler brake pre-were hgrn~ and 7-wwy I,o 4- • way gdapfier (wMh 1 SJ Preferred Equipment ~~roup N~ evaileWe wlfn 42 r~fo) (with l 3 h U R . e. ear ax (G S) (Lf~d) Engine. VorNac 41300 V8 SFt wit 1 SK preferred t~u'~rment Group Regained N~hen (U4~ Er~terlalnm~~ system. rear seat and (CI=5) Sunroof. power are ordered together.) NR4 TRANSFER CASE. OPEN bIFKEI~E:NTIAL, Z~pEED (Included. and only mailable with (JL4) StabiNTtek, vehicle ~~bil~y enhancement system) TFD FUEL FILL CREbCf'CREbtT~ Vat FLEET t~ROCESSING Op't10N •CFtEC)IT' dPTIOlYS TOTAL ~~'r ~, Deport oorctentis based nn current d~a vin rgferenced_ Any perfr-rmance-reteted'~iculsUons are c~~~:°~,:.:>:.:~~.; gs guldeNnes_ Actual unit perfarmane+e wi11 depend on your ~~raflttg cond~ons. • GM Autodook, D~ Ve~sion_ 842, Clete ttpd~ed 1 W7lZ003 '11:28:40 AM ®Copy~ht 1 ~-2E102 Chrome Syst~tr~s C~ioe- A~ r~h~s reserved- Ctetotrrer Fite:' I October 16. 20031::83:32 pM ~av-~ aiio~~d sae-1 ~ai5wav5a+ ~ ~ivri;~~n~;aa-~roa~ s~~~: ,-~.-~t ,, ,~~~ ~~ Friday, October 31, 2003 2:43 AM George Druzbik 954 247 5042 ~~~,f~~~ j-© p.02 GMAC Commercial Services Group ComTRAC Quote Sheet • Dealer Income Options Administrative Fee Vehicle Type Vin #: • • Vehicle Description $400 ~ Standard ~ Light ~ Customer: VILLEGE OF TEQUESTA Term: (months} 60 N/A Final Rate: Year: zoo4 ~ Make: chevroiet I ~ I Model: Vehicle Price Com onent Chassis Selling Price $ 30,600.00 Dealer Installed Options: Total Selling Price Administrative Fee Fees and Taxes (List) Mechanical Serv. Contract Credit Life Insurance A/I-~ Insurance Capitalized Cost Less: Cap. Cost Reduction Less: Trade-in Allowance Less: Rebate Net Capitalized Cost $ 595.00 $ 31,195.00 $ 31.195.00 Residual Value Com utation Selling Price plus Dealer Installed Options $ 30, 600.00 Residual Factor (%) 0.00 Residual Value $ - Quote Expires On This Date 11/14/03 5.65 CK15706 Monthl Pa ment Calculation Base Monthly Payment $ 595.22 Sales/Use Tax Rate 0.00 (%) 0.00 Personal Property Tax o.oo (%) 0.00 TEXAS ONLY Per. Prop. Tax 0.00000 $ - Total Monthly Payment $ 595.22 Com utation of De reciation Net Capitalized Cost $ 31 195.00 Less: Adjusted Residual Value - Depreciation $ 31195.00 Computation of Lease Charges Base Monthly Payment $ 595.22 Times Lease Term (in months) 60 Total Base Monthly Payments $ 35,713.20 Less: Depreciation 31,195.00 Total Lease Charges $ 518.20 Due At Lease Cap. Cost Reduction Net Trade-in Allowance First Monthly Payment Security Deposit Waived • Title, License & Registration Fees CA Tire Tax Fee (for Calif residents only) Other Charges (tax on cap reduction) Total Payment Due At Lease Signing .° - $ - $ 595.22 $ - $ 200.00 $ - $ - $ 795.22 Dealership: BACHRODT COMMERc Today's Date: 10/31/03 Contact: GEORGE V. DRUZBIK Rate locked for 90 days (add .50 to rate) tvo ~ Please note the following information: > This is a quote, not a credit approval. GMAC Commercial Services will still need a completed Commercial Credit Application to review for a credit approval. > Unless specifically noted on your request for quote sheet, taxes are not included. The applicable taxes will be added to the payment when contracted. Authorized: Delivery Date: App #: (Dealer Employee) ComTRAC Quote.xls (Dealer version 0102) vFwicc~~ a~ra~cs • SELi=C?ED t~PtION3 - CKi 5706 4dt 15110 ~WC) t~ Cpl ,~Oi~Y Descti~tion TIRES QMJ tIFtES. p265~7pR1t3, ALLSEASON tOURIN~3, I3LACKVVALL (STD) (Utygradeeble to (QMK) 'tires. P2t35f70R1 B. g11-eeaso~+ touting. r outlined-i~r) SEATING ARRANGEMENt NO tl-pRp ROW SI AT (STC} s~-T tY~ A95 ~ ~ ~ ~ ~` SEATS, FRONt GUSTC~uI CL4"tH RECLINU+tG BUCK'S lndurles adjusf6ble head r'es~idts, lt-board armteate, !;-~+a)- per e~us~ae onsole end rear storage podcels (with 15J Pteten~d r i t fl r d c r ve sea , oo Equlpmertt Group Aveilgbte on Fleet or Gav~mrn~tort~rty only.) (with 15K Preferred 1=gUipmel~t Group Upgtatleot~ ~ (Ik€i5f Sea>;s, 3fiEJt'I~ leaitrer se~Ing surfaces reclining buckets.) AT5 SEAtS, MIDDLE CUS't!OM CLOTH t3d[4G S~~Ut~OLCifl11G,l~H. PASSI=NGSR WI`tH C~NTt:~t ARMRESt (S'1'b) (w5h't5i~ arm' . Equiprrtsnt Group Upgrgdeable to (At5) SeetB, rnidt0ei leralherappod 60/40 split folding bench) SEAL tRIM _I7 CUStQM CLOtN SEAT TRN41(Std) PAINT ~1I1 PAINT, SOLID {Stb) aADtO U9t SOUNb SYSTEM, ETR AMIPM STEREO VYI~'hl CD ANC CASSE"n'E • FsLAYER, mdudes seek and~n, digital clout, auto-tipne control, s- compensgted volume, '{'hock, random select, eutk~•r~+erse cassel~ gnd Rad"ro bats Syslern (RbS) (Stb} (UpgrHd hi.(~4 Sound system, l+TR AMII=M stereo w>th in~sh 6-di~;c CD ch~tger dncf lndudes (UQ7) Sound system fegture. Bose premiurrE ~alaer -) WHEEL TYPE P~9 WHEELS.4-18- x 7` (40.6 kxn x 17.8 cm) t3-I.UG CAST ALUNMNIJIo~. includes steel spare (STf~ (Upgradeable tty (IiZ5) Vtfl, 417" x 7.S? , (4$.2 ern x 18.1 cm) 5-spoke premium aluminum.) , A-aCltldNAL OPtlONS i ~ `~ ~~ Un7 SOUNb SYSTEM i=E14TURE. DOSE PRIrMIj1M SPEAK~CC~" S~'`' r SPEAKERS. indudes strtrwoofer in center c+msole (Requites 1 Pik J UKt3 Pr~fetfed Equipment Qroup) SOUNb SYSTEM pBA'1'URE, REAR AUC)tC CrON1'RCLS i duaa headphone jacks (headphones not ~ctuded?. ~rnti~hs for volume, lion seleCdon end medhi (R~! ~ r'i UK3 Equipment Group) a STE>~RING WHEEL, Mt~llNy'ED CONTROLS, w toi ' " l . information center nanttots (with 1 SJ prefetracl tnduded end truly svaMet>~e when (UE1) Oar ~ Iwit~ 1;:K I~referred Equipment Group Included and o~'~y~ ~ ! briver Convenience Package ar {UE1) On$f~ se p~~'j " D07 CONSOLE. FLdOR includes storage ere:. ~ padat~ !x~ hptder,' cupholders gnd integt°sled 2hd tow audio a rdta~.~ 1 ~ Preferred Equpment Croup) Report content is based nn current d~ version referenced. Airy 8t'~-relr3ted ra~.:.J~~r;~, • as guidelines- Adual unR perl'ormancu will depend nn Your ~>pursll>r}g ~ GM AutoBcrnk, Version- 802; ~, 1 ,, . , '~ =~ ®Copyright 19t~2002 Chrome Systetru~ ~ ~ . ~ ~ Ctts3nmer Imo: E ~ ~ 11 ~ ~ ~' j Octpb~er 16, Z00~ 1.38:3a PM ~' ~ i , ~~~ ~ ~ ~ il'~~~<<'j~ ZZi•-~ Z l/ l l "d 9'Z8-1 ~Z l6ltiZi'96+ 'I ~I ~~ ~ ~ ~; ,. ~~ ~ . „ ~jS Y U • • V~/IGLE D~TdILS S¢LECTEI7 MODEL - cKiS"l~ Mlr i~lil +IVYD L8 ~ '~~ ~! ~~ ~ ..~ CC1570E3 2004 Ct-evblet Tahoe 4dr 1500 4NIlb LS ' 2,T89.tH? ' 2.34~'~- ~ ~~ 8ELECTEG VEFOCLE CbLrIFtS - CKi 5706 4dr 1500 4WD 4S Ctrde on - Inierinr: No rotor has been selected. - f=xteriar 1: Nn color hgs, been selected- - Exterior 2: No cvior has been selected. SELECTED OptbN3 - CKi 5706 4dr 1500 4WD lS CAtE(O Y Code D~riat4orr BOQY CObE E52 BObY, LiFtGATE WltH LIFTGLASS. REAR DOOR SYStEM, ind~ies nzar~irrdow wlper/rvesher (inducted when {PDE~ Seeb, rte' 3rti ro~.~ 50150 spiiE-bend Is ordered.) SUSPENSION PKG `~ 2W7 SUSPt=NSiON PACKAPE. PRFMtUM SMOC~7H RIDE! PTO) ! i ` a ~'; , ~~C5U GVYVR, 6800 Ibs. (3084 kp) (STb) pncluded end m+1y availebl~ with, 2Wb Model when (WbP) Seats, rear 3rd row 50150 stench iffi ord®re~-included ahd only available veldt 4W 3 Model when (Pt7F~ Seals,, regr 3rd row 50/50 spit-.bench ~ het tiered ) EMISSIONS l=E9 I=MISSIONS. I'EDERAL REDUiREW~NtS ENGINI= L59 ENGINE. V012TEC 5300 V$ SFI FLEX-FUEi. Wpet~le Hof rrafnf~ ,ate unleaded ar up to 559x; ethanol (295 HP [219.7 kWj ~; lrrtr-. 330 !b.- ft. (445.5 N-rrtl ~'~'~) (Requires (~E'r~ ~~'~ requirem~s.) ~ ~ ~ ~ ~I;~ ~ _ ~` TRANSMISSION M30 TRANSMISSION, 4SFr1`Eb AUTOMATIC, Ei.ECTR01!6CALLY GONTROLI.Eb v,Flh overdrive end towMaul rndd0 {ili'1'17) bIF~>~RENIIAL ~~r ~y / ~ „~, NO LOCKING REAR bIF~ERENTt~. (STa) f , AXLE Gt4 READ AXta.E. 3.73 IZ41'l0 (S'I`t~ (lr~luded it p6~ ~+ 4~~~5 `: only-Wpgredeable to (t3T5} Rear axie. 4.10 ru/in~ 't~Lb EQUIPAfIENt GROUP 1 ~K PREFERREb EQUtpIu~ENT GROUP Indude5 (p415') C ~ Cloth redining buckets; (UC~7) Sound sy~m , . , ; , w ~f speaker system. (UKI~I Sound system tear~Vre. r~ , ~ ~~ ~ C:or~pie. Hour , I ~~ ; ~ , ~IRES ! ~ , ~ ~ ytepo-t content is bid oh; current dais) version referenced. Ahy ~naeed;~culaHans ors o ~:~=~ -ti : ;~ as guldellnes_ Adua1 unit perfvrrnance NYM! depsrd on your gper ~~ GM AuinEook. [ Version: 80.2, ~~Gn-s `„ ~ ~} AM ClCopyright 1952002 Chrome Sys~te~tnk Customer October 16. 20031:38.32 pA~i I 1Z1'-~ Zl/Zl'd 9~~8-1 ~ElS1YZg98+ ~ ~ ~~ I~ ~~~~i ~~ aQ-d,. 09 'r: ~.-.. _~: ~ ~l GENERAL MOTORS ACCEPTANCE CORPORATION MUNICIPAL LEASE-PURCHASE AGREEMENT LESSEE: ~~.;;~ ~ r ~_t LESSOR: GENERAL MOTORS ACCEPTANCE CORPORATION Lessor agees to lease to Lessee and Lessee agees to lease from Lessor, the Equipment described in any Delivery and Acceptance Certificate now or hereafter attached hereto ("Equipment") in accordance with the following terms and conditions of this Lease-Purchase Ageement ("Lease"). 1. TERM. This Lease will become effective upon the execution hereof by Lessor. The term of this Lease will commence on the date the Equipment is accepted pursuant to Section 3 hereunder and, unless earlier terminated as expressly provided for in this Lease, will continue for the teen set forth in Schedule B attached hereto ("Lease Term"). 2. RENT. Lessee agees to pay to Lessur or its assignee the Lease Payments, including the interest portion, equal to the amounts specified in the Delivery and Acceptance Certificate. The Lease Payments will be payable without notice or demand at the office ofthe Lessor (or such other place as Lessor or its assignee may from time to time designate in writing), and will commence upon acceptance ofthe vehicle(s) and continue on the same date periodically thereafter for the number of time periods reflected on the Delivery and Acceptance Certificate. Any payments received later than ten (10) days from the due date will bear interest at the highest lawful rate from the due date. Except as specifically provided in Section 5 hereof, the Lease Payments will be absolute and unconditional in all events and will not be subject to any setoff, defense, counterclaim, or recoupment for any reason whatsoever including, without limitation, any failure of the Equipment to be delivered or installed, any defects, malfunctions, breakdowns or infirmities in the Equipment or any accident, condemnation or unforeseen circumstances. Lessee reasonably believes that funds can be obtained sufficient to make all Lease Payments during the Lease Term and hereby covenants that it will do all things lawfully within its power to obtain, maintain and properly request and pursue funds from which the Lease Paymerts may be made, including making provisions for such payments to the extent necessary in each budget submitted for the purpose of obtaining funding, using its bona tide best efforts to have such portion of the budget approved and exhausting all available administrative reviews and appeals in the event such portion of the budget is not approved. It is Lessee's intent to make Lease Payments for the full Lease Term if funds are legally available therefor and in that regazd, Lessee represents that the use ofthe Equipment is essential to its proper, efficient and economic operation. Lessor and Lessee understand and intend that the obligation of Lessee to pay Lease Payments hereunder shall constitute a current expense of Lessee and shall not in any way be construed to be a debt of Lessee in sorrtravention of any applicable constitutional or statutory limitation or requirement concerning the creation of indebtedness by Lessee, nor shall anything contained herein constitute a pledge ofthe general tax revenues, funds or monies of Lessee. 3. DELIVERY AND ACCEPTANCE. Lessee, or if Lessee so requests, Lessor, will cause the Equipment to be delivered to Lessee at the location specified in the Delivery and Acceptance Certificate ("Equipment Location"). Lessee will pay all transportation and other costs, if any, incurred in connection with the delivery and installation of the Equipment. Lessee will accept the Equipment as soon as it has been delivered and is operational. Lessee will evidence its acceptance ofthe Equipment by executing and de]ivering to Lessor a Delivery and Acceptance Certificate in the form provided by • Lessor. 4. DISCLAIMER OF WARRANTIES. Lessee acknowledges and agees that the Equipment is of a size, design and capacity selected by Lessee, that Lessor is neither a manufacturer nor a vendor of such equipment, and that LESSOR HAS NOT MADE, AND DOES NOT HEREBY MAKE, ANY REPRESENTATION, WARRANTY, OR COVENANT, EXPRESS OR IMPLIED, WITH RESPECT TO THE MERCHANTABILITY, CONDITION, QUALITY, DURABILITY, DESIGN OPERATION, FITNESS FOR USE, OR SUITABILITY OF THE EQUIPMENT IN ANY RESPECT WHATSOEVER OR IN CONNECTION WITH OR FOR THE PURPOSES AND USES OF LESSEE, OR ANY OTHER REPRESENTATION, WARRANTY, OR COVENANT OF ANY KIND OR CHARACTER, EXPRESS OR IMPLIED, WITH RESPECT THERETO, AND LESSOR SHALL NOT BE OBLIGATED OR LIABLE FOR ACTUAL, INCIDENTAL, CONSEQUENTIAL, OR OTHER DAMAGES OF OR TO LESSEE OR ANY OTHER PERSON OR ENTITY ARISING OUT OF OR IN CONNECTION WITH THE USE OR PERFORMANCE OF THE EQUIPMENT AND THE MAINTENANCE THEREOF. Lessor hereby assigns to Lessee during the Lease Term, so long as no Event of Default has occurred hereunder and is continuing, all manufacturers warranties, if any, expressed or implied with respect to the Equipment, and Lessor authorizes Lessee to obtain the customary services furnished in connection with such warranties at Lessee's expense. Lessee's sole remedy for the breach of any such manufacturer's warranty shall be against the manufacturer ofthe Equipment, and not against Lessor, nor shall such matter have any effect whatsoever on the rights and obligations of Lessor with respect to this Lease, including the right to receive full and timely payments hereunder. Lessee expressly acknowledges that Lessor makes, and has made, no representations or warranties whatsoever as to the existence or the availability of such warranties ofthe manufacturer ofthe Equipment. 5. NON-APPROPRIATION OF FUNDS; NON-SUBSTITUTION. Notwithstanding anything contained in this Lease to the contrary, in the event no funds or insufficient funds aze appropriated and budgeted or aze otherwise unavailable by any means whatsoever m any fiscal period for Lease Payments due under this Lease, Lessee will immediately notify the Lessor or its assignee of such occurrence and this Lease shall terminate on the last day ofthe fiscal period for which appropriations were received without penalty or expense to Lessee of any kind whatsoever, except as to the portions of Lease Paymerds herein agreed upon for which funds shall have been appropriated and budgeted or aze otherwise available. In the event of such termination, Lessee agees to peaceably surrender possession ofthe Equipment to Lessor or its assignee on the date of such temrination. Lessor will have all legal and equitable rights and remedies to take possession ofthe Equipment. Notwithsfandingthe foregoing, Lessee agrees (i) that it will not cancel this Lease under the provisions of this Section if any funds are appropriated to it, or by it, for the acquisition, retention or operation ofthe Equipment or other equipment performing functions similaz to the Equipment for the fiscal period in which such termination occurs or the next. succeeding fiscal period thereafter, and (ii) that it will not during the Lease Term give priority in the application of funds to any other functionally similaz equipment. This paragraph will not be construed so as to pemrit Lessee to terminate this Lease in order to acquire or lease any other equipment or to allocate funds directly or indirectly to perform essentially the same application for which the Equipment is intended. -2- 6. CERTIFICATION AND AUTHORIZATION. Lessee represents, covenants and warrants that it is a state, or a political subdivision thereof, or that Lessee s obligation under this Lease constitutes an obligation issued on behalf of a state or political subdivision thereof, such that any interest derived under this Lease will qualify for exemption from Federal income taxes under Section 103 ofthe Internal Revenue Code. Lessee further warrants that this Lease • represents a valid deferred payment obligation for the amount herein set forth of a Lessee having legal capacity to enter into the same and is not in contravention of any Town, City, District, County, or State statute, rule, regulation, or other governmental provision. In the event that a question arises as to Lessee's qualification as a political subdivision, Lessee agrees to execute a power of attorney authorizing Lessor to make application to the Internal Revenue Service for a letter ruling with respect to the issue. Lessee agrees that (i) it will do or cause to be done all things necessary to preserve and keep the Lease in full force and effect, (ii) it has complied with all bidding requirements where necessary and by due notification presented this Lease for approval and adoption as a valid obligation on its part, and (iii) it has sufficient appropriations or other funds available to pay all amounts due hereunder for the current fiscal period. 7. TITLE TO EQUIPMENT; SECURITY IN'T'EREST. Upon acceptance of the Equipment by Lessee hereunder, title to the Equipment will vest ut Lessee subject to Lessor's rights under this Lease, provided, however, that (i) in the event of termination of this Lease by Lessee pursuant to Section 5 hereof; (ii) upon the occurrence of an Event of Default hereunder, and as long as such Event of Default is continuing, or (iii) in the event that the purchase option has not been exercised prior to the Expiration Date, title will immediately vest in Lessor or its assignee without any action by Lessee and Lessee shall immediately surrender possession ofthe Equipment to Lessor. In order to secure all of its obligations hereunder, Lessee hereby (i) grants to Lessor a fast and prior security interest in any and all right, title and interest of Lessee in the Equipment and in all additions, attachments, accessions, and substitutions thereto, and on any proceeds therefrom, (ii) agrees that this Lease may be filed as a fmancing statement evidencing such security interest, and (iii) agrees to execute and deliver all financing statements, certificates of title and other instruments in form satisfactory to Lessor necessary or appropriate to evidence such security interest. 8. USE; REPAIRS. Lessee will use the Equipment in a careful manner for the use contemplated by the manufacturer for the Equipment and shall comply with all laws, ordinances, insurance policies regulations relating to, and will pay all costs, claims, damages, fees and charges arising out of its possession, use or maintenance. Lessee, at its expense will keep the Equipment in good working order and repair and famish all parts, mechanisms and devices required therefor. 9. ALTERATIONS. Lessee will not make any alterations, additions or improvements to the Equipment without Lessor's prior written consent unless such alterations, additions or improvements may be readily removed without damage to the Equipment. 10. LOCATION; INSPECTION. The Equipment will not be removed from, or if the Equipment consists of rolling stock, its permanent base will not be changed from the Equipment Location without Lessor s prior written consent which will not be unreasonably withheld. Lessor will be entitled to enter upon the Equipment location or elsewhere during reasonable business hours to inspect the equipment or observe its use and operation. 11. LIENS AND TAXES. Lessee shall keep the Equipment free and clear of all levies, liens and encumbrances except those created under this Lease. Lessee shall pay, when due, all charges and tapes (local, state and federal) which now or hereafter be imposed upon the ownership, leasing, rental, sale, purchase, possession or use of the Equipment, excluding however, all taxes on or measured by Lessor's income. If Lessee fails to pay said charges, and taxes when due, Lessor shall have the right, but shall not be obligated, to pay said charges and taxes. if Lessor pays any charges or taxes, Lessee shall • reimburse Lessor therefor. 12. RISK OF LOSS; DAMAGE; DESTRUCTION. Lessee assumes all risk of loss of or damage to the Equipment from any cause whatsoever, and no such loss of or damage to the Equipment nor defect therein nor unfitness or obsolescence thereof shall relieve Lessee of the obligation to make Lease Payments or to perform any other obligation under this Lease. In the event of damage to any Item of Equipment, Lessee will immediately place the same in good repair with the proceeds of any insurance recovery applied to the cost of such repair. If Lessor determines that any Item of Equipment is lost, stolen, destroyed or damaged beyond repair, Lessee, at the option of Lessor, will either (a) replace the same with like Equipment in good repair, or (b) an the next Lease Payment date, pay Lessor: (i) all amounts then owed by Lessee to Lessor under this Lease, including the Lease Payment due on such date, and (ii) an amount equal to the applicable Customers Balance set forth in Schedule B. In the event that Lessee is obligated to make such payment with respect to less than all ofthe Equipment, Lessor will provide Lessee with the pro rata amount ofthe Lease Payment and the Customers Balance to be made by Lessee with respect to the Equipment which has suffered the event of loss. 13. PERSONAL PROPERTY. The Equipment is and will remain personal property and will not be deemed to be affixed or attached to real estate or any building thereon. If requested by Lessor, Lessee will, at Lessee's expense, furnish a waiver of interest in the Equipment from any party having an interest in such real estate or building. 14. INSURANCE. Lessee, will, at its expense, maintain at all times during the Lease Tertn, fire and extended coverage, public liability and property damage insurance with respect to the Equipment in such amounts, covering such risks, and with such insured as shall be satisfactory to Lessor, or, with Lessors consent may self-insure against any or all such risks. In no event will the insurance limits be less than the amount ofthe then applicable Customers Balance with respect to such Equipment. Each insurance policy will name Lessee as an insured and Lessor or its assigns as an additional insured, and will contain a clause requiring the insurer to give Lessor at least thirty (30) days prior written notice of any alteration in the terms of such policy or cancellation thereof. The proceeds of any such policies will be payable to Lessee and Lessor or its assigns as their interest may appear. Upon acceptance of the Equipment and upon each insurance renewal date, Lessee will deliver to Lessor a certificate evidencing such insurance. In the event that Lessee has been permitted to self-insure, Lessee will famish Lessor with letter or certificate to such effect. In the event of any loss, damage, injury or accident involving the Equipment, Lessee will promptly provide Lessor with written notice thereof and make available to Lessor all information and documentation related thereto. • • - " To the extend permitted Under Florida law, 15. INDEMNIFICATION: Lessee shall indemnify Lessor against, and hold Lessor harmless from, any and all claims, actions, proceedings, expenses, damages or liabilities, including attorney's fees and court costs, arising in connection with the Equipment, including, but not limited to, its selection, purchase,delivery, possession, use operation, rejection, or return and the recovery of claims under insurance pohcies thereon. The indemnification arising under this paragraph shall continue in full force and effect notwithstanding the full payment of all obligations under this Lease or the termination ofthe Lease Term for any reason. 16. ASSIGNMENT AND SUBLEASE. (a) Without Lessor's prior written consent, Lessee will not either (i) assign, transfer, pledge, hypothecate, or grant any security interest in or otherwise dispose of this Lease or the Equipment or any interest in this Lease or the Equipment; (ii) sublet or lend the Equipment or permit it to be used by anyone other than Lessee or Lessee's employes. No assignmerR or sublease shall relieve the Lessee of any of its obligations or duties hereunder, which shall remain those of a principal and not a guarantor. (b) Lessor shall not assign, transfer, pledge, or dispose of this Agreement or any interest therein, whether as security for any of its indebtedness or otherwise. Subject to the foregoing, this Lease inures to the benefit of and is binding upon the heirs, executors, administrators, successors and assigns ofthe parties hereto. 17. EVENT OF DEFAULT. The teen "Event of Default", as used herein, means the occurrence of any one or more ofthe following events: (i) Lessee fails to make any Lease Payment (or any other payment) as it becomes due in accordance with the terms ofthe Lease, and any such failure continues for ten (10) days after the due date thereof; (ii) Lessee fails to perform or observe any other covenant, condition, or ageement to be performed or observed by it hereunder and such failure is not cured within twerty (20) days after written notice thereof by Lessor; (iii) the discovery by Lessor that any statement, representation, or warranty made by Lessee in this Lease or in writing ever delivered by Lessee pursuant hereto or in connection herewith is false, misleading, or erroneous in any material respect; (iv) proceedings under any bankruptcy, insolvency, reorganization or similar legislation shall be instituted against or by Lessee, or a receiver or similaz officer shall be appointed for Lessee or any of its property, and such proceedings ar appointments shall not be vacated, or fully stayed, within twenty (20) days after the institution or occurrence thereof; or (v) an attachment, levy or execution is threatened or levied upon or against the Equipment. 18. REMEDIES. Upon the occurrence of an Event of Default, and as long as such Everd of Defauk is continuing, Lessor may, at its option, exercise any one or more ofthe following remedies: (i) by written notice to Lessee, declare an amount equal to all amounts then due under the Lease, and all remaining Lease Payments due during the Fiscal Year in effect when the defauh occurs to be immediately due and payable, whereupon the same shall become immediately due and payable, (ii) by written notice to the Lessee, request Lessee to (and Lessee agrees that it will), at Lessee's expense, promptly return the equipment to Lessor in the manner set forth in Section 5 hereof, of Lessor, at its option, may enter upon the premises where the Equipmert is located and • take immediate possession of and remove the same; (iii) sell or lease the Equipment or sublease it for the account of Lessee, holding Lessee liable for all Lease Payments and other payments due to the effective date of such selling, leasing or subleasing and for the difference between the purchase price, rental and other amounts paid by the purchaser, lessee or sublessee pursuant to such sale, lease or sublease and the amounts payable by Lessee hereunder, and (iv) exercise any other right, remedy or privilege which may be available to it'under applicable laws of the State of the Equipment Location or any other applicable law or proceed by appropriate court action to enforce the terms ofthe Lease or to recover damages for the breach of this Lease or to rescind this Lease as to any or all ofthe Equipmerrt. In addition, Lessee will remain liable for all covenants and indemnities under this Lease and for all legal fees and other costs and expenses, including court costs, incurred by Lessor with respect to the enforcement of any ofthe remedies listed above or any other remedy available to Lessor. 19. PURCHASE OPTION. Upon thirty (30) days prior written notice from Lessee to Lessor, and provided that there is no Event of Default, or an event which with notice to lapse of time, or both, could became an Event of Defauk, then existing, Lessee will have the right to purchase the Equipmend on any Lease Payment due date by paying to Lessor, on such date, the Customers Balance amount set forth opposite the appropriate number of payments made as reIIecled on Schedule B to the Lease. Upon satisfaction by Lessee of such purchase conditions, Lessor will transfer any and all of its right, title and interest in the Equipment to Lessee as is, without warranty, express or implied, except that the Equipment is free and clear of any liens created by Lessor.` 20. REPORTING REQUIREMENTS. Lessee agrees to comply with the information reporting requirements of Section 149(e) of the Internal Revenue Code of 1986 (the "Code"). in the event Lessor, solely on account of Lessee's failure to comply with such information reporting requirements, is not entitled to treat the Lease Payments and the Customers Balances received from Lessee hereunder as interest and principal payments on a state or local bond, the interest of which is exempt from Federal income tax undei Section 103(a) of the Code, then Lessee shall pay to Lessor, as additional retrtaLs, a sum which, after deduction of all taxes which are or will be payable by Lessor in respect ofthe receipt thereof under the Laws ofthe United States or any state or local government or taxing authority in the United States, or under the laws of any taxing authority or political or governmental subdivision of a foreign country, shall be equal to the additional Federal income tax which is or will be payable by Lessor as a resuk ofthe loss of such interest exemption, together with any interest, addition to tax or penahy which may be assessed by the United States Government against Lessor in comrection with the loss of such interest exemption, which amourds shall be payable on written demand by Lessor, together with interest thereon at the highest lawful rate from the date of payment ofthe additional Federal income tax to the date of payment by Lessee. 21. NOTICES. All notices to be given under this Lease shall be made in writing and mailed by certified mail, return receipt requested, to the other party at its address set forth herein or at such address as the party may provide in writing from time to time. Any such notice shall be deemed to have been received five (S) days subsequent to mailing. 22. SECTION HEADINGS. All section headings contained herein aze for the convenience of reference only and aze not intended to define or limit the scope of any provision of this Lease. • -4- 23. GOVERNING LAW. This Lease shall ba oonsgved in accordance with, and govamad by the laws oI; tt~u crate of Ore Equipmenrt Locution. • 24. AET..]VERY OF RELATED DOCUMENTS. Le~asoe will et¢cute or provide, ae rcqucated by Lessor, xuch other docurnottts aaui infwtnation us are rvaaottably neoeacary with respect to the trensnction corkemplated by thin Loaso. 25. ENTIRE AGREEMENT; WAIVER, This [,sacs, to~titer with the Deliveryr and Aooeptanco Cerrii loafs and other attaatrmonta t(ueto, and other docunusts oar innhvtrtertte executed by Lessee and Lessor in oonnaotion herewith, constitute the entire ngi~~zmettt betwern the parties with rt:spad to the lease of the Equipmeot, and this Lease shell not be modified, amcmded, altered, or changed except with tl~v written wnseht of Leaves and Lessor. Any provision of this Leasc found to bo prohibited by law shall b® it(el3eotlve to the extent Of snob prohibition W i.th64t lnvaIidnting The ~~+~+~der of the Leese. The waiver by Lessur of any braaoh by Lessee oC any town, covenant ar catrdition hon~of shall not operate u ::. waiver of any subsequent breadt thereof. Giv1AC VI ~ ~ a g 9 of T¢quets ~:.:a + _ Tina: _ Title: Village ~anage~-~~` ~, hate: - Dam; 12/10/2003 --~m._._~~_ 9PINIQN OF COI~NSEL • WRh respect to that certain Municipal Lease-Purchase A®reetnerR (Lease) dated 1Z/10/2003 by and between General Motors Acceptance Cotpoiation and the Lessee, I am of the opinion that: (i) the Lessee is a tax~xeml:~t entity under Section 103 of the Internal Revenum Code; (II) the execution, delivery and performance by the Lessee of the Lease have been •~uly authorized by all necessary adian on the part of the Lessee; (iri) the Lease constitutes a legal, valid and bindlrrg obllgatlon of the Lessen enforceable In accordance with Its terms and all statements wntained in the Lease and all related instruments are true; (iv) Lessee ht~~a auffici®nt monies available to make all payments required to be paid under the Lease during the wrrent fiscal year of the lease, and sucl•~ monies have been properly budgerted and appropriated for this purpose in accordance with Stste law; and (v) the Uniform Commercial Code (:.F the ttfate where the Equipment is located and or the certlflcate of title laws of such sffite will govern the method of perfecting Lessors securih~ interest in the Equipment. ~' ~ ~ ~ ~ ~~>_ A By. ; . :.~ ~ t r ~'~ ~ t ~ ~~Attorriey ~ br Leases Date: t~~~ (` ~ ~ ~ i ~, ~ :_ ~°~ ,~~ • 50 3J~id 3f1~S~~1 3~II~ G'1S3f1~131 6~Z95LSZ9ST LZ~ZT ~eezr'ze,~zi pg. 5 • MUNICIPAL CERTIFICATE • I, Michael R. Couzzo, Jr. Of ~ -_'~ _ _ ~ ~~_~ * _. hereby Certify that the Municipal Lease Purchase Agreement, dated 12/10/2003 ,between GMAC, as Lessor and '~j'- leasing the Equipment described, was executed by me on the 10th day of December 20 03 and that I have full power and authority to execute the Municipal Lease Purchase Agreement, and that the power to enter into the Lease Purchase Agreement granted to _ has not been withdrawn, and that all required procedures necessary to make the Municipal Lease Purchase Agreement a legal and binding obligation of the Lessee have been followed. I also certify that payment due by the ~~` _ nder the Municipal Lease Purchase Agreement referred herein for the current lease term are within the current budget and within an available, unexhausted and unencumbered appropriation of the municipality of the ~`~` ~- IN WITNESS WHEREOF, I have Attest: . (Signature) Village Clerk (Title) hand this 10th day of December 2003 Agency Official M ~ ~ ~ tr ~'~' ~Y ~ . ~ ( gnatu Village Manager (Title) • • Delivery and Acceptance Certificate :4 Vehicles (s) for Municipal Lease/Purchase Payment Structure... 60 M An annual rate of.. . 6.15% # Year Make Model Vin Cost 1.:'~i~~ 2. 3. 4. 5. Total Cost of the vehicle (s): $30,677.50 Total Payments: $595.22 Equipment Location (Garaged at) Under the Municipal Lease Agreement dated 12/10/2003 , (Lease) between General Motors Acceptance Corporation (the Lessor) and the undersigned Lessee, the Lessee hereby certifies that the • vehicle (s) listed above has (have) been delivered to Lessee, tested and inspected by Lessee, found to be in good order and accepted as Equipment under the Lease, all on the date indicated below. The Lease hereby agrees to lease/purchase the vehicles as described. General Motors Acceptance Corporation By: Date: n U ~~r _.~.., Date: 12/10/2003 ~~ ~~' GMAC SCHEDULE B Payment Schedule to the Lease Agreement dated • Customer: Dealer: Equipment 1: Equipment 2: Term: 60 Monthly Annual Percentage Rate: 6.15% First Payment: in Arrears Amount Financed: $30,677.50 Payment Amount: $595.22 Total Interest: $5, 035.70 End of Lease Purchase Option: $1 per unit # OF BALANCE: PMTS CUSTOMERS PERCENT OF REDUCTION INTEREST ON MADE PAYMENT BALANCE COST IN PRINCIPAL PRINCIPAL 0 $0.00 $30,677.50 100.00% $0.00 $0.00 1 $595.22 $30,239.50 98.57% $438.00 $157.22 2 $595.22 $29,799.26 97.14% $440.24 $154.98 3 $595.22 $29,356.76 95.69% $442.50 $152.72 4 $595.22 $28,911.99 94.24% $444.77 $150.45 5 $595.22 $28,464.95 92.79% $447.05 $148.17 • 6 $595.22 $28,015.61 91.32% $449.34 $145.88 7 $595.22 $27,563.97 89.85% $451.64 $143.58 8 $595.22 $27,110.02 88.37% $453.95 $141.27 9 $595.22 $26,653.74 86.88% $456.28 $138.94 10 $595.22 $26,195.12 85.39% $458.62 $136.60 11 $595.22 $25,734.15 83.89% $460.97 $134.25 12 $595.22 $25,270.81 82.38% $463.33 $131.89 13 $595.22 $24,805.11 80.86% $465.71 $129.51 14 $595.22 $24,337.01 79.33% $468.09 $127.13 15 $595.22 $23,866.52 77.80% $470.49 $124.73 16 $595.22 $23,393.62 76.26°~ $472.90 $122.32 17 $595.22 $22,918.29 74.71% $475.33 $119.89 18 $595.22 $22,440.52 73.15% $477.76 $117.46 19 $595.22 $21,960.31 71.58% $480.21 $115.01 20 $595.22 $21,477.64 70.01°~ $482.67 $112.55 21 $595.22 $20,992.49 68.43% $485.15 $110.07 22 $595.22 $20,504.86 66.84% $487.63 $107.59 23 $595.22 $20,014.72 62.02% $490.13 $105.09 24 $595.22 $19,522.08 63.64°~ $492.64 $102.58 25 $595.22 $19,026.91 62.02% $495.17 $100.05 26 $595.22 $18,529.20 60.40°~ $497.71 $97.51 27 $595.22 $1$,028.95 58.77% $500.26 $94.96 28 $595.22 $17,526.12 57.13% $502.82 $92.40 29 $595.22 $17,020.73 55.48% $505.40 $89.82 30 $595.22 $16,512.74 53.83% $507.99 $87.23 31 $595.22 $16,002.14 52.16% $510.59 $84.63 32 $595.22 $15,488.94 50.49% $513.21 $82.01 33 $595.22 $14, 973.10 48.81 % $515.84 $79.38 34 $595.22 $14,454.61 47.12% $518.48 $76.74 • 35 $595.22 $13,933.47 45.42% $521.14 $74.08 36 $595.22 $13,409.66 43.71% $523.81 $71.41 37 $595.22 $12,883.17 42.00% $526.50 $68.72 38 $595.22 $12,353.97 40.27% $529.19 $66.03 39 $595.22 $11,822.07 38.54% $531.91 $63,31 40 $595.22 $11,287.44 36.79% $534.63 $60,59 41 $595.22 $10,750.06 35.04% $537.37 $57.85 • 42 43 $595.22 $595.22 $10,209.94 $9,667.04 33.28% 31.51% $540.13 $542.89 $55.09 $52,33 44 $595.22 $9,121.37 29.73% $545.68 $49.54 45 $595.22 $8,572.89 27.95% $548.47 $46.75 46 $595.22 $8,021.61 26.15% $551.28 $43.94 47 $595.22 $7,467.50 24.34% $554.11 $41.11 48 $595.22 $6,910.55 22.53% $556.95 $38.27 49 $595.22 $6,350.75 20.70°~ $559.80 $35.42 50 $595.22 $5,788.08 18.87% $562.67 $32.55 51 $595.22 $5,222.52 17.02% $565.56 $29.66 52 $595.22 $4,654.07 15.17% $568.45 $26.77 53 $595.22 $4,082.70 13.31% $571.37 $23.85 54 $595.22 $3,508.40 11.44% $574.30 $20.92 55 $595.22 $2,931.16 9.55% $577.24 $17.98 56 $595.22 $2,350.96 7.66% $580.20 $15.02 57 $595.22 $1,767.79 5.76°~ $583.17 $12.05 58 $595.22 $1,181.63 3.85% $586.16 $9.06 59 $595.22 $592.47 1.93°~ $589.16 $6.06 60 $595.22 $0.29 0.00% $592.18 $3.04 (Lessor) General Motors Acceptance Corporation P.O. Box 251329 Plano, TX 75026 By (Lessee) ~r~~ A ~ ,. -. ~ ,.: By- k ..y ~, _. __ w ~a q __.,-^ `wl .,~ ,a Title: Village Manager -" --tee Title Date: December 10, 2003 C] JONES FOSTER JOHNSTON & STCTBBS, P.A. • Attorneys and Counselors Scott G. Hawkins, Esquire Direct Dial: 561-650-0460 Direct Fax: 561-650-0436 E-Mail: shawkins@jones-foster.com December 9, 2003 Joanne Burnsed Tequesta Fire Rescue 357 Tequesta Drive Tequesta, Florida 33469 Flagler Center Tower, Suite l 100 505 South Flagler Drive West Palm Beach, Florida 33401 Telephone (561) 659-3000 Mailing Address Post Office Box 3475 West Palm Beach, Florida 33402-3475 Fl•~F RFSC'l IF DEC 10 2003 RE: General Motors Acceptance Corporation/Municipal Lease Purchase AgreementNillage of Tequesta Dear Joanne: Pursuant to our telephone conversation of Tuesday, December 9, 2003, enclosed is an original Municipal Lease-Purchase Agreement which has been executed by me as Counsel for the Village. My signature appears on Page 4. You will note that the indemnification provision, Section 15, has been modified to provide that Tequesta's indemnification obligation is limited to the scope of what a municipal corporation can agree to under Florida law. Please call me if you have any questions in this regard. Very truly yours, Enclosure N:1SGH\7 3153-1 \Fire-Rescue\Letters\burnsed-002-sgh-12-09-03.doc .7 zuww.jones foster.conl