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Home My WebLink AboutContracts & Agreements_15-2000_CCv0001.pdf Ford Motor Credit Company 1xmemcan Road RO.Box 1me Dearborn,Michigan 4o1u/'17oe January 20. 2UO0 The Honorable Pat Gilbreath Mayor City 0fRedlands Police Department 35Cajon Street Suite 30 Received Redlands, CA 92373 Subject: Lease-Purchase Agreement Number 39072 OFM [)aer Mayor Gilbreath: VV8are pleased that you have selected Ford Motor Credit Company as,your Lease-Purchase financing source. We atFord Credit care about our customers and have a special interest in your continual satisfaction with our services. Your account number is 3967204, please refer to this number should you require any assistance. Also, for your records wmhave enclosed mcopy ofthe executed Lease-Purchase Agreement. When forwarding your payments please: ° Allow 7days mail time to avoid late chargee " Make check payable to "Ford Credit" " Print account number nnyour check |fwecan be0fany further assistance, please feel free bzcontact uSat(8OO)241-41@B. Linda 'damus Municipal Financing Enclosures INVOICE REM92 January 25,2000 ILESSEE. City of Redlands Police Department 35 Cajon Street Suite 30 Redlands, CA 92373 REMIT PAYMENT TO: FORD MOTOR CREDIT COMPANY MUNICIPAL FINANCING P. 0. BOX 1739- MD7500 DEARBORN, MI 48121 --1-Z PLEASE RETURN A COPY OF THIS INVOICE WITH YOUR PAYMENT ACCOUNT FIRST DESCRIPTION PAYMENT NUMBER PAYMENT AMOUNT DUE DATE 1 1 3967204 02/01/2000 (1)2000 Ford Crown Victoria P71. $8,359.56 2FAFP71W4YX128U8, Including 7.75%State Sales Tax DOCUMENTATION FEE 300.001 PLEASE REMIT- $8,659.56 If you have any questions regarding this invoice, please call Unda Adamus(800-241-4199). Page 1 SCHEDULE A-IV - EQUIPMENT LEASE-PURCHASE AGREEMENT Lease No. 39672 This Equipment Schedule dated as of 02/01/2000, is being executed by Ford Motor Credit Company("Lessor"), and City of Redlands("Lessee"), as a supplement to, and is hereby attached to and made a part of that certain Equipment Lease- Purchase Agreement dated as of 0912011995 ("Lease"), between Lessor and Lessee. Lessor hereby leases to Lessee under and pursuant to the Lease, and Lessee hereby accepts and leases from Lessor under and pursuant to the Lease, subject to and upon the terms and conditions set forth in the Lease and upon the terms set forth below, and following items of Equipment: QUANTITY DESCRIPTION(MANUFACTURER, MODEL AND SERIAL NO.) SUPPLIER 1 2000 Ford Crown Victoria P71, 2FAFP71W4YX128648, Including 7.75% Ramsey Street State Sales Tax Ford EQUIPMENT LOCATION: City of Redlands Police Department 35 Cajon Street Suite 30 Redlands, CA 92373 Initial Term: 36 Months Commencement Date:02/0112000 Periodic Rent: 2 Consecutive Annual in Advance Payments of$8,369.56 each (including interest), followed by one final payment of$8,369.61, due under this Lease-Purchase Agreement. The Periodic Rent Payment also includes any applicable sales/use tax due and payable on the Lease Payment Dates, set forth in Schedule A-IV, Page 2. EXECUTED as of the date first herein set forth. LESSEE: City of Redlands LESSOR: Ford Motor Credit Company Police Department By: _ ` By: Pat Gilbreath W. Paul Rau Title: Mayor , Title: Manager, Municipal Finance Attest: OPINION OF COUNSEL I..orrie oyzer, Clerk The opinions expressed in t0pinlon of Counsel dated 0912011995 provided to Lessor shall apply to the Lease as amended and Lessor may rely upon such opinion as if it were addressed and had been delivered to Lessor on the date hereof. Attorr f Lessee Dani M ugh Schedule A-IV Page 2 Payment Schedule Lease Number: 39672 Rate: 7. 95% Lease Lease Payment Payment Lease Interest Principal Concluding Number Hate Payment Portion Portion Payment 1 2 / 1 / 2000 8,369.56 0.00 8,369.56 14, 935.42 2 2 j 1 j 2001 8,369.56 1,187.37 7,182.19 7,753.23 3 2 j 1 j 2002 8,369.61 616.38 7,753.23 1.00 TOTALS 25,108.73 1,803.75 23,304.98 l -1 i- '�iO 3783' TO ' �.,4 F R 1(1"PHL L r-"ib 1 HU 3 1 LESSOR: FORD MOTOR CREDIT COMPANY P. O. Box 1739 Dearborn,MI 48121-1739 DELIVERY AND ACCEPTANCE CERTIFICATE The undersigned Lessee hereby acknowledges receipt of the Equipment described below(*EquipmeW)as fi*installed and in good working condition; and Lessee hereby accepts the Equipment after full inspection thereof as satisfactory for all purposes of the Equipment Lease-Purchase Agreement("Lease")executed by Lessee and Less". LEASE DATE LEASE NUMBER SCHEDULE AW PURCHASE PURCHASE DATE NUMBER DATE ORDER NO. 4912011995 3%72 02101P2" 1 (1 3:1 7 3 EQUIPMENT INFORMATION QUANTITY DESCRIPTION(MANUFACTURER,MODEL AND SERIAL NO.) SUPPLIER 2000 Ford Crown Victoria P71, 2FAFP71W4YX128648, Including 7.75% Ramsey Street State Sales Tax Ford LESSEE: City of Redlands BY: 35 Cajon Street Suds 30 Redlands.CA 92373 (Title) DATE ACCEPTED: TOTAL PAGE.02 .�%KZCVUJLC A-4v vage 2 Payment Schedule Lease Number: 39672 Rate: 7.951 Lease Lease Payment Payment Lease Interest Principal concluding Number Date Payment Portion Portion payment 1 2 1 1 12000 8,369.56 0.00 9,369.36 14,935.42 2 2 1 1 1 2001 8,369.56 1,187.37 7,182.19 7,753.23 3 2 j 1 j 2002 8,369.61 616.38 7,753.23 1.00 TOTALS 25,108.73 1,803.75 23,304.98