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HomeMy WebLinkAbout8329RESOLUTION NO 8329 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDLANDS, CALIFORNIA, AUTHORIZING THE EXECUTION AND DELIVERY OF AN EQUIPMENT LEASE/PURCHASE AGREEMENT, AND OTHER INSTRUMENTS, AND DETERMINING OTHER MATTERS IN CONNECTION THEREWITH WHEREAS, the laws of the State of California (the "State") authorize the City of Redlands (the "City"), a duly organized political subdivision and municipal corporation of the State, to purchase, acquire and lease personal property the benefit of the City and its inhabitants and to enter into any necessary contracts, and WHEREAS, the City desires to lease, purchase and/or finance equipment ("Equipment") from Caterpillar Financial Services Corporation and/or an authorized Caterpillar dealer ("Caterpillar") by entering into that certain Governmental Equipment Lease -Purchase Agreement (the "Agreement") with Caterpillar attached hereto as Exhibit "A," and WHEREAS, the form of the Agreement has been presented to the City Council of the City at its May 17, 2022 meeting at which this Resolution was adopted, NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF REDLANDS AS FOLLOWS Section 1. The Agreement, including all schedules and exhibits attached to the Agreement, is approved in substantially the form presented at the City Council's May 17, 2022 meeting, with any Approved Changes as defined below Section 2. The City entered into the Agreement with Caterpillar and the Agreement is adopted as a binding obligation of the City Section 3. That changes may later be made to the Agreement if the changes are approved by the City's legal counsel and the members of the City Council of the City (the "Approved Changes"), and that the signing of the Agreement and any related documents is conclusive evidence of the approval of the changes. Section 4. That Chris Boatman, the City's Facilities and Community Services Director, be and is authorized, directed and empowered, on behalf of the City, to (i) sign and deliver to Caterpillar, and its successors and assigns, the Agreement and any related documents, and (ii) take or cause to be taken all actions he deems necessary or advisable to acquire the Equipment, including the signing and delivery of the Agreement and related documents. Section 5 That the City Clerk of the City is authorized to attest to this Resolution and affix the seal of the City to the Agreement, this Resolutions, and any related documents. Section 6. That nothing in this Resolution, the Agreement, or any other document imposes a pecuniary liability or charge upon the general credit of the City or against its taxing power, except to the extent that the payments payable under the Agreement are special limited obligations of the City as provided in the Agreement. 1 Section 7 That a breach of this Resolution, the Agreement, or any related document will not impose any pecuniary liability upon the City or any charge upon its general credit or against its taxing power, except to the extent that the payments payable under the Agreement are special limited obligations of the City as provided in the Agreement Section 8 This Resolution shall take effect immediately upon its adoption ADOPTED, SIGNED AND APPROVED this 17th ay f Mom, 2022 ATTEST e Donaldson, City Clerk 2 Paul Banch, Mayor I, Jeanne Donaldson, City Clerk of the City of Redlands, hereby certify that the foregoing resolution was duly adopted by the City Council at a regular meeting thereof held on the 17th day of May, 2022 AYES Councilmembers Tejeda, Davis, Guzman -Lowery, Gallagher, Mayor Barich NOES None ABSENT. None ABSTAINED. None e Donaldson, City Clerk Caterpillar Financial Services Corporation Transaction Summary Name CITY OF REDLANDS Address 35 CAJON ST., Swte 30 REDLANDS CA 92373-4746 Billing Address 35 CAJON ST , Suite 30 REDLANDS CA 92373 4746 Customer Data Structure Profile Asset Number Sale Price 137 581 86 New/Used New Down Payment. Manufacturer Caterpillar Cash Payment 0.00 Model 420-07 Trade In 0.00 Model Description Backhoe Loader Other Credit 0.00 Model Year 2021 Rentals Allowed 0.00 Serial Number H8T01835 Rentals Interest 0.00 Repairs 0.00 Index Other Expenses 0.00 CFSC Std Rate 3.5000% Total Down Payment 0.00 Contract APR 3.5000% Original Cost 137,581 86 Actual CFSC Upfront Tax Cat Fin 12.039.03 Other Fee rm ......... 7.00 Interest Basis 30/360 Asset Cost 149,627 89 6 Stub Payments of 32,000.92 Gross Contract 160,105.60 Governmental Buyback Amount 0.00 CFSC Disc/Overrate Standard Residual 0.00 Balloon 101 00 Equipment Address % of Residual 0.0000% 35 CAJON ST Suite 30 Exception Request REDLANDS CA 92373 4746 Exception Responder US Special Conditions Standard Environment- Major Attachments E-Stick Extendable Tires, Ride Control Cab 4x4, Air Conditioning- Asset Work Tools Thumb Hydraulic, Quick Coupler Multi Purpose Bucket Heavy Duty Bucket Taxes Tax Type- Sales Payment Type TAX_UP FRONT Jurisdiction STATE COUNTY DISTRICT DISTRICT Payment Structure 5 Annual payment(s) of 32,000 92 at 3.5000% 1 Stub payment(s) of 101 00 at 3.5000% Tax Rate 6.0000% 1.2500% 0.5000% 1.0000% Tax Amount 8,254.92 1 719 77 687 91 1 375.82 Caterpillar Financial Services Corporation ORIGINAL Quote Number Contract Number EXHIBIT 2 Concluding Payment Schedule to Government Agreement Dated , 20 between Caterpillar Financial Services Corporation and CITY OF REDLANDS Description of Unit 1 CATERPILLAR 420.07 serial # H8T01835 Number of Beginning Balance Payment Amount Balloon Interest Payments Made 4336996 001-70065323 Concluding Interest Rate Payment I") 1 149,627 89 32,000.92 0.00 0.00 3.50 117,626.97 total 32,000.92 0-00 0.00 2 117,626.97 32,000.92 0.00 4 116.94 3.50 89 742.99 total 32,000.92 0.00 4116.94 3 89 742.99 32,000 92 0,00 3 141 00 3.50 60,883.07 total 32,000.92 0.00 3,14100 4 60,883.07 32,000.92 0.00 2130.90 3.50 31 013.05 total 32,000.92 0.00 2130.90 5 31,013.05 32,000.92 0.00 1,085.45 3.50 97.58 total 32,000.92 101 00 1 085.45 6 97 58 0.00 101 00 3.42 3.50 0 00 total 0.00 101 00 3.42 total 160,004.60 101.00 10,477 71 (')Does not include any rent payment or other amount then due Initialed (Lessee) 4336996 Caterpillar Financial Services Corporation ORIGI Page 1 Governmental Equipment Lease -Purchase Agreement Contract Number 001-70065323 CAT Financial 1. PARTIES LESSOR ("we", "us", or "our") CATERPILLAR FINANCIAL SERVICES CORPORATION 2120 West End Avenue Nashville TN 37203 LESSEE ("you" or "your") CITY OF REDLANDS 35 CAJON ST , Suite 30 REDLANDS, CA 92373-4746 In reliance on your selection of the equipment described below (each a "Unit"), we have agreed to acquire and lease the Units to you subject to the terms of this Agreement. Until this Agreement has been signed by our duly authorized representative it will constitute an offer by you to enter into this Agreement with us on the terms stated herein 2. DESCRIPTION OF THE UNITS DESCRIPTION OF UNITS Whether the Unit is new or used, the model SERIAWIN Unique ID number for this ANNUAL LEASE PAYMENT FINAL LEASE DELIVERY DATE number, the manufacturer, and the model name Unit This is due per period, as stated below in section 3 PAYMENT Enter date machine was delivered to you 1 New 2021 Caterpillar 420-07 Backhoe Loader H8T01835 SEE ATTACHMENT $101.00 TERMS AND CONDITIONS 3 Lease Payments, Current Expense You will pay us the lease payments, including the final lease payment set forth above (collectively, the "Lease Payments") Lease Payments will be paid by you to us according to the attached payment schedule provided that all amounts owing hereunder will be due by the final lease payment date A portion of each Lease Payment constitutes interest and the balance of each Lease Payment is payment of principal The Lease Payments will be due without demand You will pay the Lease Payments to us at CATERPILLAR FINANCIAL SERVICES CORP P O BOX 100647, PASADENA CA 91189 0647 or such other location that we designate in writing Your obligations including your obligation to pay the Lease Payments due in any fiscal year will constitute a current expense of yours for such fiscal year and will not constitute an indebtedness of yours within the meaning of the constitution and laws of the State in which you are located (the "State") Nothing in this Agreement will constitute a pledge by you of any taxes or other moneys other than moneys lawfully appropriated from time to time for the payment of the 'Payments (as defined in the last sentence of this Section) owing under this Agreement. You agree that, except as provided In Section 7, your duties and liabilities under this Agreement and any associated documents are absolute and unconditional Your payment and performance obligations are not subject to cancelation, reduction, or setoff for any reason You agree to settle all claims, defenses, setoffs counterclaims and other disputes you may have with the Supplier, the manufacturer of the Unit, or any other third party directly with the Supplier, the manufacturer or the third party, as the case may be You will not assert, allege or make any such claim, defense, setoff counterclaim or other dispute against us or with respect to the payments due us under this Agreement. As used in this Agreement, Payments" will mean the Lease Payments and any other amounts required to be paid by you The portion of the Lease Payments constituting principal will bear interest (computed on the basis of actual days elapsed in a 360 day year) at the rate of 3.50% per annum US Governmental Equipment Lease -Purchase Agreement 4 Late Charges If we do not receive a Payment on the date it is due you will pay to us, on demand a late payment charge equal to the lesser of five percent (5%) of such Payment or the highest charge allowed by law 5 Security Interest To secure your obligations under this Agreement you grant us a continuing first priority security interest in each Unit (including any Additional Collateral), including all attachments accessories and optional features (whether or not installed on such Units) and all substitutions, replacements additions and accessions and the proceeds of all the foregoing, including but not limited to, proceeds in the form of chattel paper You authorize the filing of such financing statements and will at your expense, do any act and execute acknowledge, deliver file register and record any document which we deem desirable to protect our security interest in each Unit and our rights and benefits under this Agreement You, at your expense, will protect and defend our security interest in the Units and will keep the Units free and clear of any and all claims, liens, encumbrances and legal processes however and whenever arising 6 Disclaimer of Warranties WE HAVE NOT MADE AND DO NOT MAKE ANY WARRANTY REPRESENTATION OR COVENANT OF ANY KIND, EXPRESS OR IMPLIED, AS TO THE UNITS AS TO US, YOUR LEASE AND PURCHASE OF THE UNITS WILL BE ON AN "AS IS AND "WHERE IS" BASIS AND "WITH ALL FAULTS" Nothing in this Agreement Is intended to limit, waive, abridge or otherwise modify any rights claims, or causes of action that you may have against any person or entity other than us 7 Non -Appropriation You have an immediate need for, and expect to make immediate use of, the Units This need is not temporary or expected to diminish during the term of this Agreement To that end, you agree to the extent permitted by law to include in your budget for the current and each successive fiscal year during the term of this Agreement, a sufficient amount to permit you to discharge your obligations under this Agreement Notwithstanding 433699613/01/2022 02 39 51 PM Ref 1231649 0 IIt4 any provision of this Agreement to the contrary we and you agree that in the event that prior to the commencement of any of your fiscal years you do not have sufficient funds appropriated to make the Payments due under this Agreement for such fiscal year you will have the option of terminating this Agreement as of the date of the commencement of such fiscal year by giving us sixty (60) days prior written notice of your intent to terminate No later than the last day of the last fiscal year for which appropnations were made for the Payments (the 'Return Date") you will return to us all of the Units, at your sole expense in accordance with Section 14 and this Agreement will terminate on the Return Date without penalty or expense to you and you will not be obligated to pay the Lease Payments beyond such fiscal year, provided, that you will pay all Payments for which moneys have been appropriated or are otherwise available and provided further, that you will pay month -to month rent at the rate set by us for each month or part of any month that you fail to return the Units 8 Tax Warranty You will at all times do and perform all acts and things necessary and within your control to ensure that the interest component of the Lease Payments will, for the purposes of Federal income taxation be excluded from our gross income You will not permit or cause your obligations under this Agreement to be guaranteed by the Federal Government or any branch or instrumentality of the Federal Govemment. You will use the Units for the purpose of performing one or more of your governmental functions consistent with the scope of your authority and not in any trade or business carried on by a person other than you You will report this Agreement to the Internal Revenue Service by filing Form 8038G, 8038GC or 8038, as applicable Failure to do so will cause this Agreement to lose its tax exempt status You agree that if the appropriate form is not filed the interest rate payable under this Agreement will be raised to the equivalent taxable interest rate If the use possession or acquisition of the Units is determined to be subject to taxation you will pay when due all taxes and governmental charges assessed or levied against or with respect to the Units 9 Assignment You may not, without our prior written consent, by operation of law or otherwise, assign transfer pledge, hypothecate or otherwise dispose of your right title and interest in and to this Agreement and/or the Units and/or grant or assign a security interest in this Agreement and/or the Units in whole or in part. We may not transfer sell, assign pledge hypothecate, or otherwise dispose of our right, title and interest in and to this Agreement and/or the Units and/or grant or assign a security interest in this Agreement and/or the Units, in whole or in part 10 Indemnity To the extent permitted by law you assume liability for, agree to and do indemnify protect and hold harmless us and our employees officers directors and agents from and against any and all liabilities obligations, losses, damages injuries, claims demands penalties actions, costs and expenses (including reasonable attorneys fees), of whatsoever kind and nature, ansing out of the use, condition (including but not limited to, latent and other defects and whether or not discoverable by you or us) operation, ownership selection delivery storage, leasing or return of any item of Units, regardless of where, how and by whom operated or any failure on your part to accept the Units or otherwise to perform or comply with any conditions of this Agreement 11 11 Insurance, Loss and Damage You bear the entire risk of loss theft, destruction or damage to the Units from any cause whatsoever No loss, theft destruction or damage of the Units will relieve you of the obligation to make Lease Payments or to perform any obligation owing under this Agreement You agree to keep the Units insured to protect all of our interests, at your expense, for US Governmental Equipment Lease -Purchase Agreement such risks, in such amounts, in such forms and with such companies as we may require including but not limited to fire and extended coverage insurance, explosion and collision coverage and personal liability and property damage liability insurance Any insurance policies relating to loss or damage to the Units will name us as loss payee as our interests may appear and the proceeds may be applied toward the replacement or repair of the Units or the satisfaction of the Payments due under this Agreement You agree to use, operate and maintain the Units in accordance with all laws regulations and ordinances and in accordance with the provision of any policies of insurance covering the Units and will not rent the Units or permit the Units to be used by anyone other than you You agree to keep the Units in good repair working order and condition and house the Units in suitable shelter and to permit us or our assigns to inspect the Units at any time and to otherwise protect our interests in the Units If any Unit is customarily covered by a maintenance agreement, you will fumish us with a maintenance agreement by a party acceptable to us 12 Default Remedies An Event of Default" will occur if (a) you fail to pay any Payment when due and such failure continues for ten (10) days atter the due date for such Payment or (b) you fail to perform or observe any other covenant condition, or agreement to be performed or observed by you under this Agreement and such failure is not cured within twenty (20) days after written notice of such failure from us Upon an Event of Default, we will have all rights and remedies available under applicable law In addition, we may declare all Lease Payments due or to become due during the fiscal year in which the Event of Default occurs to be immediately due and payable by you and/or we may repossess the Units by giving you written notice to deliver the Units to us in the manner provided in Section 14 or in the event you fail to do so within ten (10) days after receipt of such notice, and subject to all applicable laws, we may enter upon your premises and take possession of the Units Further, if we financed your obligations under any extended warranty agreement such as an Equipment Protection Plan, Extended Service Contract Extended Warranty Customer Service Agreement, Total Maintenance and Repair Agreement or similar agreement, we may cancel such extended warranty agreement on your behalf and receive the refund of the extended warranty agreement fees that we financed but had not received from you as of the date of the Event of Default 13 Miscellaneous This Agreement may not be modified amended, altered or changed except by a written agreement signed by you and us In the event any provision of this Agreement is found invalid or unenforceable, the remaining provisions will remain in full force and effect This Agreement, together with exhibits constitutes the entire agreement between you and us and supersedes all prior and contemporaneous writings understandings agreements, solicitations, documents and representations, expressed or implied Any terms and conditions of any purchase order or other documents submitted by you in connection with this Agreement which are in addition to or inconsistent with the terms and conditions of this Agreement will not be binding on us and will not apply to this Agreement You agree that we may correct patent errors in this Agreement and fill in blanks including, for example, correcting or filling in serial numbers, VIN numbers and dates Any notices required to be given under this Agreement will be given to the parties in writing and by certified mail at the address provided in this Agreement or to such other addresses as each party may substitute by notice to the other, which notice will be effective upon its receipt 14 Title, Return of Units Notwithstanding our designation as Lessor" we do not own the Units Legal title to the Units will be in you so long as an Event of Default has not occurred and you have not exercised your right of non appropriation If an Event of Default 043369 13IOV202202 39,51 PM Ref 1231649 i occurs or if you non -appropriate, full and unencumbered title to the Units will pass to us without the necessity of further action by the parties, and you will have no further interest In the Units. If we are entitled to obtain possession of any Units or If you are obligated at any time to return any Units, then (a) title to the Units will vest in us immediately and (b) you will, at your expense, promptly deliver the Unit to us properly protected and in the condition required by Section 11 You will deliver the Unit, at our option, (i) to the nearest Caterpillar dealer selling equipment of the same type as the Unit; or (ii) on board a carrier named by us and shipping the Unit, freight collect, to a destination designated by us, If the Unit Is not in the condition required by Section 11 you must pay us, on demand, all costs and expenses incurred by us to bring the Unit into the required condition. Until the Units are returned as required above, all terms of this Agreement will remain in full force and effect including, without limitation, your obligation to pay Lease Payments and to insure the Units, 15. Other Documents In connection with the execution of this Agreement, you will cause to be delivered to us (I) either (A) a certified copy of your authorizing resolution substantially in the form attached as Attachment B and a copy of the minutes of the relevant meeting or (B) an opinion of your counsel substantially in the form attached as Attachment C; (ii) a copy of the signed Form filed with the Internal Revenue Service required in Section 8 above as Attachment D. and (iii) any other documents or items required by us. 16. Applicable Law This Agreement will be governed by the laws, excluding the laws relating to the choice of law of the State In which you are located. SIGNATURES` LESSOR Signature Name (Print) Title Date CATERPILLAR FINANCIAL SERVICES CORPORATION US Governmental Equipment Lease -Purchase Agreement LESSEE Signature Name (Print) Title Date CITY OF REDLANDS Chad, 6144ma,n h661610.flt C G M,antx i 4336996 13701/2022 02 39' 51 PM 1461. 1231649 Purchase Agreement Contract Number 001-70065323 CAT Financial This Purchase Agreement is between QUINN COMPANY ("Vendor) and Caterpillar Financial Services Corporation ("Cat Financial") Vendor agrees to sell to Cat Financial and Cat Financial agrees to buy from Vendor the equipment described below (the "Unit(s)"), subject to the terms and conditions set forth below and on the reverse side hereof Description of Unit(s) (1) 420 07 CATERPILLAR Backhoe Loader Lessee CITY OF REDLANDS 35 CAJON ST , Suite 30 REDLANDS, CA 92373-4746 See next SIGNATURES Serial# VIN # H8T01835 Subtotal Federal Excise Tax Other Tax Total Purchase Price Unit(s) Delivery Point 35 CAJON ST , Suite 30 REDLANDS, CA 92373-4746 Freight $ e for additional terms and conditions Total Price $137 581 86 $137,581 86 $0.00 $0.00 $137,581 86 CATERPILLAR FINANCIAL SERVICES CORPORATION QUINN COMPANY Signature Signature Name (Print) Name (Print) Title Title Date Date US Purchase Agreement 9336596 13/012022 02:9011 PM Ref 1231649 Additional Terms and Conditions Contract Number 001-70065323 CAT" Financial 1 The lessee named on the front hereof (the "Lessee") has selected the Unit(s) instructed Cat Financial to purchase the Unit(s) from Vendor, and agreed to lease the Unit(s) from Cat Financial 2 Cat Financial (or its assignee) will have no obligation hereunder (and any sums previously paid by Cat Financial to Vendor with respect to the Unit(s) shall be promptly refunded to Cat Financial) unless (a) all of the conditions set forth in Section 1 3 (if a master lease agreement) or Section 1 (if a non -master lease agreement) of the lease with the Lessee covering the Unit(s) have been timely fulfilled and (b) the Lessee has not communicated to Cat Financial (or its assignee) prior to "Delivery" (as hereinafter defined) of the Unit(s) an intent not to lease the Unit(s) from Cat Financial All conditions specified in this paragraph shall be deemed timely fulfilled unless pnor to Delivery of the Unit(s) Cat Financial (or its assignee) shall notify Vendor to the contrary in writing which shall include fax or email "Delivery" shall mean the later of the time (a) Cat Financial executes this Purchase Agreement or (b) the Lessee or its agent takes control and/or physical possession of the Unit(s) 3 Upon timely satisfaction of the conditions specified in Paragraph 2 above, ownership, title and risk of loss to the Unit(s) shall transfer to Cat Financial (or its assignee) upon Delivery of the Unit(s) 4 Vendor warrants that (a) upon Delivery of the Unit(s) Cat Financial (or its assignee) will be the owner of and have absolute title to the Unit(s) free and clear of all claims liens, security interests and encumbrances and the description of the Unit(s) set forth herein is correct and (b) the Unit Transaction Price set forth on the front hereof for each unit of Unit(s) leased under a lease is equal to such Unit(s)'s fair market value 5 Vendor shall forever warrant and defend the sale of the Unit(s) to Cat Financial (or its assignee), its successors and assigns, against any person claiming an interest in the Unit(s) 6 Provided that no event of default exists under any agreement between Lessee and Cat Financial and upon timely satisfaction of the conditions specified in Paragraph 2 above and unless otherwise agreed to in this Purchase Agreement Cat Financial (or its assignee) shall pay Vendor the total Purchase Price set forth on the front hereof for the Unit(s) within three business days following (a) the receipt and approval by Cat Financial of all documentation deemed necessary by Cat Financial in connection with the lease transaction and (b) all credit conditions have been satisfied 7 Vendor shall deliver the Unit(s) to the Lessee at the delivery point set forth on the front hereof 8 This Purchase Agreement may be assigned by Cat Financial to a third party Vendor hereby consents to any such assignment 9 This Purchase Agreement shall become effective only upon execution by Cat Financial US Purchase Agreement 4336396 13/012022 02 4011 PM Ref 1231649 Payment Schedule Contract Number 001-70065323 CAT Financial 1. PARTIES LESSOR CATERPILLAR FINANCIAL SERVICES CORPORATION LESSEE CITY OF REDLANDS 2. PAYMENT SCHEDULE PAYMENT NUMBER 1-5 6 PAYMENT DATE PAYMENT AMOUNT $32,000 92 $101 00 SIGNATURES CATERPILLAR FINANCIAL SERVICES CORPORATION CITY OF REDLANDS Signature Signature f7`'f� Name (Punt) Name (Print) 606 goal rail Title Title 1616ta014 014y I'1,A,f evl Date Date US Payment Schedule 4336996 13/01/2022 02 39-51 PM Ref. 1231649 Opinion of Counsel Re Governmental Equipment Lease Purchase Agreement (Contract Number 001-70065323) (the "Lease") Between CITY OF REDLANDS ("Lessee") and Caterpillar Financial Services Corporation ("Lessor") Sir/Madam CAT Financial I am an attorney for Lessee and in that capacity I am familiar with the above -referenced transaction the Lease, and all other documents pertaining to the Lease (the Lease and such other documents pertaining to the Lease being referred to as the Lease Agreements ) Based on my examination of these and such other documents, records and papers and matters of fact and laws as I deemed to be relevant and necessary as the basis for my opinion set forth below, upon which opinion Lessor and any subsequent assignee of Lessor's interest may rely, it is my opinion that 1 Lessee is a fully constituted political subdivision or agency duly organized and existing under the Constitution and laws of the State of California (the State") and is authorized by such Constitution and laws (i) to enter into the transaction contemplated by the Lease Agreements and (ii) to carry out its obligations thereunder 2 The Lease Agreements (i) have been duly authorized executed and delivered by Lessee and (ii) constitute valid, legal and binding obligations I and agreements of Lessee enforceable against Lessee in accordance with their terms, assuming due authorization and execution thereof by Lessor 3 No further approval, license consent authonzation or withholding of objections is required from any federal state or local governmental authority with respect to the entering into or performance by Lessee of the Lease Agreements and the transactions contemplated by the Lease Agreements 4 Lessee has sufficient appropriations or other funds available to pay all amounts due under the Lease Agreements for the current fiscal year 5 The interest payable to Lessor by Lessee under the Lease Agreements is exempt from federal income taxation pursuant to Section 103 of the Internal Revenue Code of 1986 as amended 6 The entering into and performance of the Lease Agreements will not (i) conflict with or constitute a breach or violation of any judgment consent decree order law, regulation, bond, indenture or lease applicable to Lessee or (ii) result in any breach of, or constitute a default under or result in the creation of, any lien charge security interest or other encumbrance upon any assets of Lessee or the Units (as defined in the Lease) pursuant to any indenture mortgage deed of trust, bank loan credit agreement or other instrument to which Lessee is a party. or by which it or its assets may be bound 7 No litigation or proceeding is pending or to the best of my knowledge threatened to, or which may, (a) restrain or enjoin the execution delivery or performance by Lessee of the Lease Agreements, (b) in any way contest the validity of the Lease Agreements (c) contest or question (i) the creation or existence of Lessee or Its governing body or (ii) the authority or ability of Lessee to execute or deliver the Lease Agreements or to comply with or perform its obligations under the Lease Agreements There is no litigation or proceeding pending or, to the best of my knowledge threatened that seeks to or could restrain or enjoin Lessee from annually appropriating sufficient funds to pay the Lease Payments (as defined in the Lease) or other amounts contemplated by the Lease Agreements In addition, I am not aware of any facts or circumstances which would give rise to any litigation or proceeding described in this paragraph. 8 The Units are personal property and, when subjected to use by Lessee will not be or become fixtures under the laws of the State 9 The authorization approval and execution of the Lease Agreements and all other proceedings related to the transactions contemplated by the Lease Agreements have been performed in accordance with all applicable open meeting public records, public bidding and all other applicable laws, rules and regulations of the State 10 The appropriation of moneys to pay the Lease Payments coming due under the Lease and any other amounts contemplated by the Lease Agreements does not and will not result in the violation of any constitutional statutory or other limitation relating to the manner form or amount of indebtedness which may be incurred by Lessee 11 The Lessor will have a perfected security interest in the Units upon the filing of an executed UCC 1 or other financing statement at the time of acceptance of the Units with the Secretary of State for the State SIGNATURE CITY OF REDLANDS N14 Name(Print) Signature Address Title US Opinion of counsel Date 4336926 13/012022 02 39.51 PM Ref 1231849 RIGI NAL CATERPILLAR INSURANCE COMPANY (CIC) SELECTION FORM Before financing your equipment, you must arrange physical damage insurance on the equipment identified below The insurance may be provided through an insurance agent or insurance company of your choice, provided the insurance company satisfies minimum financial requirements CAT® As an alternative to obtaining your own Insurance, you may elect to have your equipment insured under coverage arranged by Caterpillar Insurance Tervices Corporation, that has been designed specifically for the purchasers of Cat® equipment Please complete thi I form if you elect to insure your equipment with Caterpillar Insurance Company (CIC) CIC Physical Damage Insurance Policy Summary Please note This is only a brief description of the CIC Physical Damage Insurance Program Contractual provisions contained in the policy will govem Coverage CIC Physical Damage) Insurance protects your equipment against physical damage losses including collision fire, theft, vandalism, upset or overturn, floods sinking, earthquakes and other unfortunate acts of nature The protection has been designed for owners of heavy equipment and providgs superior benefits you most likely would not find in other plans The CIC Physical Damage Insurance does include normal exclusions Some important exclusions are wear and tear, rust, loss of income, war, nuclear damage, and mechanical breakdown automobiles watercraft waterborne shipments, tires or tubes or mobile track belts damaged by blow-out, puncture, and road damage When a covered loss occurs, this plan will pay for Cat® replacement parts on all your new or used Caterpillar equipmentOn all equipment from other manufacturers, the plan will pay for comparable replacement parts. Transportation Your CIC plan will pay for round-trip transportation of covered damaged equipment to and from your Cat dealer's repair facility, up to $2,500 limit Rental Reimbursement The plan allows for re tal costs up to $2,500 that you incur to rent similar equipment following a covered loss. You are automatically protected with up to $ 00,000 of coverage for damage to the similar equipment you rent In the event of a total loss, the policy will pay the greatest of the following - The pa4off value of the loan on the damaged parts or equipment as of the date of loss or - The ac ual cash value of that covered property, or - The cott of replacing that property with property of like kind and quality The policy will pay 10% of scheduled loss, up to a $10,000 maximum for debns removal The policy will pay fire department service fees up to $5,000 Deductible $1,000 Construction a d Agricultural Equipment Deductibles $5,000 deductible all logging Equipment Customer Service If you have any questions or need additional details see your Authorized Cat Dealer or call CIC toll free at 1-800-248-4228. You may also e-mail CIC at physicaldamacleAcat.com POLICYHOLDER DISCLID SURE NOTICE OF TERRORIS RISK INSURANCE ACT OF 2002 (as extended by the Terr rism Risk Insurance Extension Act of 2005, and as amended in 2007) You are hereby notified t at under the Terrorism Risk Insurance Act, as amended in 2007 the definition of act of terrorism has changed As defined in Section 102(1) of the Act: The term "act of terrorism" means any act that is certified by the Secretary of the Treasury in concurrence with the Secretary of State, and the Attorney eneral of the United States - to be an act of terrorism, to be a violent act or an act that is dangerous to human life, property,or infrastructure to have res Ited in damage within the United States, or outside the United States in the case of certain air carriers or vessels or the premises of a United States missio and to have been committed by an individual or individuals as part of an effort to coerce the civilian population of the United States or to influence the olicy or affect the conduct of the United States Government by coercion Under your coverage, an losses resulting from certified acts of terrorism may be partially reimbursed by the United States Government under a formula established by the Terrorism Risk Insurance Act as amended in 2007 However your policy may contain other exclusions, which might affect your coverage, such as an exclusion for nuclear events Under the formula, the United States Government generally reimburses 85% of covered terrorism losses exceeding the statutorily established deductible paid by the insurance company providing the coverage The Terrorism Risk Insurance Act, as amended, contains a $100 billion cap that limits U.S Government reimbursement as well as insurers' liability for losses resulting from certified acts of terrorism when the amount of such losses exceeds $100 billion in any one calendar year If the aggregate insured losses for all insurers exceed $100 billion, your coverage may be reduced The portion of yqur premium that is attributable to coverage for terrorist acts certified under the Act is $ 0.00 uS CAT INSURANCE SELEC ION FORM 4336996 13112022 0240011 PM Rel. 1231699 'c�a. APPLICATION FOR CIC PHYSICAL DAMAGE INSURANCE Model # Equipment Description Serial # VIN Value Including Total Tax Pymt Method-3 Total Premium 1 420 07 Backhoe Loader H8T01835 $149,620.89 $3,860 00 Pymt Method 1 Finance Pymt $826.01 `YYLakoha- BPa o-Ji1/ Marsha Blaisdell, Authorized Insurance Producer Arranged by Caterpillar Insurance Services Corporation I understand that the total insurance premium for 60 months will be $3,860 00, which is $772 00 per year based upon the total equipment value of $149,620 89 Method 1 Method 2 Method 3 Method 4 I will finance the insurance premium, including finance charges, of $826 01 per scheduled equipment payment The finance charge is calculated at 3 39% per annum on the total insurance premium covering the full term of the finance agreement. By choosing Method 1 and signing this document you are agreeing to finance the insurance along with the equipment payments with Caterpillar Financial Services Corporation I desire coverage for an initial 12 month term I will pay the $772 00 premium and retum the payment with the signed equipment documents Please make check payable to CIC I will pay the total premium and return the payment with the signed equipment documents Please make check payable to CIC I decline Caterpillar Insurance. I elect to obtain my own commercial insurance on the equipment shown from (bee, I0-1-e,+r 0 5e1P-Insvrej ReitrAIbn) I understand that the quote I receive is not a binder of insurance If I elect to obtain coverage from CIC coverage will be effective in accordance with the terms and conditions of the issued Policy and that I may terminate the coverage at any time with advance written notice an agent or insurance company of my choice. I acknowledge that I have been notified that under the TERRORISM RISK INSURANCE ACT of 2002 (as extended by the Terrorism Risk Insurance Extension Act of 2005), any losses caused by certified acts of terrorism under my policy will result in coverage under my policy that will be partially reimbursed by the United States as outlined in the attached policyholder disclosure notification I also acknowledge I have been advised that, if I accept this insurance, an appointed licensed insurance producer will receive commission compensation Customer Name CITY OF REDLANDS Dealer Name QUINN COMPANY Please note If you would like a no obligation quote on your additional equipment call 1-800-248-4228 extension 5754 Accepted By Name (PRINT) Title Date US CAT INSURANCE SELECTION FORM 4336996 13/012022 02 40 11 PM Ref 1231649 IPIAL MANAGEMENT SERVICES DEPARTMENT Human Resources/Rtsk Management Division September 10, 2019 City of REDLANDS Incorporated 1888 35 Cajon Street, Suite 10 P 0 Box 3005, Redlands, CA 92373 909-798-7514 RE: Letter of Notice - Maintenance of Self -Insured Retention To whom It may concern, JANICEMCC7 +l\t11 CityManager TcAmiNG.PHR ARgstant DirErtor,HR/RiskManagemzit This letter is being issued to provide notice that the City of Redlands maintains the following insurance coverage and limits. Excess General Liability Self -Insured Retention Amount $500,000 00 Liability Limit $5,000,000 00 Excess Layer $10,000,000 00 Policy#. EIA PE 19 EL-112 Effective Date. 07-01-19 to 07-01-20 Reinsured by Argonaut Insurance Co/Markel Global Reinsurance Co Auto Liability is not carried by the City, but coverage is provided via the General Liability for the actions of City employees while utilizing any vehicle during the course of their work- related activities Workers' Compensation Liability Self -Insured Retention Amount $1,000,000 00 Max Liability Limit• $25,000,000.00 Policy# SP 4060661 Effective Date. 07-01-19 to 07-01-20 Reinsured by. Safety National Casualty Corporation Requests for further Information on the Claims process can be made to Claims@cityofredlands.orq Should you require further information regarding City insurance policies, please contact my office at 909-798-7514 x 1792. Sincerely, Myletta Tillman Risk/Safety Specialist City of Redlands mfillman@cityofredlands.orci Fraud Warning: Applicable in AL, AR, DC LA MD, NM, RI and WV Any person who knowingly (or willfully)* presents a false or fraudulent claim for payment of a loss or benefit or knowingly (or willfully)* presents false information In an application for insurance is guilty of a crime and may be subject to fines and confinement In prison *Applies in MD Only Applicable in CO It is unlawful to knowingly provide false incomplete, or misleading facts or information to an insurance company for the purpose of defrauding or attempting to defraud the company Penalties may include imprisonment fines, denial of insurance and civil damages Any insurance company or agent of an insurance company who knowingly provides false incomplete or misleading facts or information to a policyholder or claimant for the purpose of defrauding or attempting to defraud the policyholder or claimant with regard to a settlement or award payable from insurance proceeds shall be reported to the Colorado Division of Insurance within the Department of Regulatory Agencies Applicable in FL and OK Any person who knowingly and with intent to injure defraud or deceive any insurer files a statement of claim or an application containing any false, Incomplete, or misleading information is guilty of a felony (of the third degree)* *Applies in FL Only Applicable in KS Any person who knowingly and with intent to defraud presents, causes to be presented or prepares with knowledge or belief that it will be presented to or by an insurer purported insurer, broker or any agent thereof, any written statement as part of or in support of an application for the issuance of, or the rating of an insurance policy for personal or commercial insurance, or a claim for payment or other benefit pursuant to an insurance policy for commercial or personal insurance which such person knows to contain materially false information concerning any fact material thereto, or conceals, for the purpose of misleading, information concerning any fact material thereto commits a fraudulent insurance act Applicable in KY NY OH and PA Any person who knowingly and with intent to defraud any insurance company or other person files an application for insurance or statement of claim containing any materially false information or conceals for the purpose of misleading information concerning any fact material thereto commits a fraudulent insurance act, which is a crime and subjects such person to criminal and civil penalties (not to exceed five thousand dollars and the stated value of the claim for each such violation)* *Applies in NY Only Applicable in ME, TN VA and WA It is a crime to knowingly provide false, incomplete or misleading information to an insurance company for the purpose of defrauding the company Penalties (may)* include imprisonment, fines and denial of insurance benefits. *Applies in ME Only Applicable in NJ Any person who includes any false or misleading information on an application for an insurance policy is subject to criminal and civil penalties Applicable in OR Any person who knowingly and with intent to defraud or solicit another to defraud the insurer by submitting an application containing a false statement as to any material fact may be violating state law Applicable in PR. Any person who knowingly and with the intention of defrauding presents false information in an insurance application or presents, helps, or causes the presentation of a fraudulent claim for the payment of a loss or any other benefit or presents more than one claim for the same damage or loss, shall incur a felony and, upon conviction shall be sanctioned for each violation by a fine of not less than five thousand dollars ($5,000) and not more than ten thousand dollars ($10,000), or a fixed term of imprisonment for three (3) years or both penalties Should aggravating circumstances [be] present the penalty thus established may be increased to a maximum of five (5) years if extenuating circumstances are present it may be reduced to a minimum of two (2) years US CAT INSURANCE SELECTION FORM 433699613/012022 02-.4011 PM Ref 1231649 INSURANCE SELECTION FORM -OUTSIDE INSURANCE CARRIER CAT Financial Before funding your equipment, you must arrange physical damage Insurance on the equipment identified below The insurance may be provided through an insurance agent or insurance company of your choice, provided the insurance company satisfies minimum financial requirements. Physical Damage coverage must show that Caterpillar Financial Services Corporation has been named as loss payee for the equipment's replacement value. The deductible must be shown, Liability Coverage must be a minimum of $1,000,000 or combined coverage for bodily injury and property damage per occurrence. Caterpillar Financial Services Corporation must be named as additional insured. As an alternative to obtaining your own Physical Damage coverage, you may elect to have your equipment insured under coverage arranged by Caterpillar Financial Services Corporation designed specifically for the purchasers of Caterpillar equipment. If a quote is not included in your document package, please contact your Caterpillar Dealer call 1-800-248-4228, or a -mall PhysicalDamageecat.com. Please complete this form to provide contact information for your liability coverage, as well as your physical damage coverage if you did not elect Caterpillar Insurance for physical damage. Transaction Number^ 001-70065323 Dealer Name: QUINN COMPANY Customer's Name: CITY OF REDLANDS Address: 35 CAJON ST Suite 30 REDLANDS, CA 92373-4746 I have entered into the above agreement under which I am responsible for providing insurance against ALL RISKS of direct physical loss or damage for the actual cash value of the following equipment, subject to common exclusions such as damage caused by corrosion, rust, mechanical or electrical breakdown, etc. MAKE/MODEL DESCRIPTION OF UNITS SERIALNIN Value Including Tax 1 New Caterpillar 420.07 2021 Backhoe Loader H8T01835 $149,620.89 Insurance Agency Insurance Agent's Name Street Address City State Zip Agent's Phone Number TO CUSTOMER'S INSURANCE AGENT Fax Number E-mail Address I hereby instruct you to add Caterpillar Financial Services Corporation as a Loss Payee for physical damage and as an Additional Insured for general liability• [ j To my existing policy number(s) which now provide the coverage required, or NiTo a policy or polio w)' h you are auth to issue in the name listed above which will provide the coverage required. Signature Name(Print) Title Date O r15 13O4„a-m,a,n N51*Qn+ Cry ire( PROCESSING OF THIS TRANSACTION MAY BE HELD PENDING RECEIPT OF THIS INFORMATION PLEASE FORWARD A COPY OF THE CERTIFICATE OR BINDER EVIDENCING COVERAGE TO: CATERPILLAR FINANCIAL SERVICES CORPORATION 2120 West End Avenue Nashville, TN 37203 PLEASE ATTACH A COPY OF THIS NOTICE TO PROOF OF INSURANCE Form No. USINSUREOUTSIDE_610 Dealer Code: H430 00 Insurance Selection Form -Waldo Carder 433699613/01J202202'4601 PM Ref 1231649 CUSTOMER INFORMATION VERIFICATION Contract Number 001-70065323 CUSTOMER INFORMATION CHANGES TO CUSTOMER INFORMATION CAT Financial Customer Name CITY OF REDLANDS Physical Address 35 CAJON ST , Suite 30 REDLANDS, CA, 92373-4746 Mailing Address 35 CAJON ST , Suite 30 REDLANDS CA, 92373-4746 Equipment Location 35 CAJON ST , Suite 30 REDLANDS, CA, 92373-4746 Business Phone 404-103-`u0s5 E-mail Address The changes above apply to ❑ Current Request for financing ❑ All active contracts TAX INFORMATION Tax Exempt** Non Exempt Asset outside the City limits Yes No DIRECT PAY INFORMATION (Checking Account Information) * *A Tax Exemption Certificate is required for all tax exempt customer If you are tax exempt — please enclose a current tax exemption certificate to be returned with your documents I am currently on Direct Pay and authorize Direct Pay for this transaction Please use my ACH information on file I decline Direct Pay authorization at this time ❑ I request and authorize Caterpillar Financial Services Corporation ("Cat Financial") to begin debiting my account for the amounts due under the contract(s) indicated below with debits made to my account and withdrawn by Cat Financial, provided my account has sufficient collected funds to pay the debit when presented If my financial institution dishonors any debit for any reason Cat Financial may issue another debit in substitution for the dishonored debit and will have no liability on account of a dishonored debit I agree that Cat Financial's rights relating to each debit will be the same as if I had personally signed a check I agree that I will be liable to make payment promptly including any applicable late fees, if any debit is not paid, unless Cat Financial or its agents or affiliates are directly responsible for the nonpayment I acknowledge that I may cancel this authorization at any time by written notice to Cat Financial, which notice will be effective 10 days after receipt however my cancellation of this authorization does not terminate, cancel or reduce my obligations under the contract(s) 1 understand that Cat Financial will not notify me in advance of any withdrawal and I agree to waive all pre notification requirements in respect of all debits drawn under this authorization Please use the information below to set up Direct Pay on Bank Name Routing Number Account Number Re -Enter Account Number 1` 9 digits iv 3-17 digits no 3 17 digits Account Name (exactly as it appears on Check) ACCOEJL1 MAll!! MA UPPER C.14..,6 ii LAT MYIURN M rs n. Order gai or* YOUR FlI:ANCIAL INST TUTION ANWNERE 1,5 for 11123456780v 123 1 45679' 030 D301 owls, 0 :z'a Routing Number Account Number ❑ Current Request for financing ❑ All active contracts (Does not apply to future transactions) US Customer Information Verification Form 4336995 13/012022 02.40'01 PM Ref 1231649 CUSTOMER SIGNATURE The information above has been reviewed and is accurate to the best of my knowledge. For a joint account, all account holders must sign if more than one signature is required on checks 'ssued against the account. Name Title Cho 5 6aA inntut A1.5kay.+ 614y Ma 56( For questions or assistance with Direct Pay or for information about your account, please contact Customer Service, 1-800-651-0567 US Customer Information Vefiticatfon Form 433699613/0112022 02.40.01 PM Ref 1231849 • Explanation of Content Contract Number 001-70065323 CAT® Financial Thank you for selecting Caterpillar products and for allowing Caterpillar Financial Services Corporation to serve your financing needs. Included in this document package are all of the forms that will be needed for standard tax exempt lease purchase transactions. The forms have been designed to I be clear concise and user friendly We have also provided a brief explanation of the purpose of each form. If you wish to discuss any of the forms or have any questions about any aspect of this transaction, we encourage you to contact your Caterpillar Dealer or Caterpillar Financial Services Corporation at 1- 866-263-3781 Option # 5. A. Governmental Equipment Lease -Purchase Agreement. The Governmental Lease -Purchase Agreement contains the terms that govern each transaction between us. It is the standard Caterpillar Financial Services Corporation tax exempt lease -purchase agreement, and provides that we will lease to you the equipment described therein pursuant to a full payout amortization schedule, A new Governmental Equipment Lease -Purchase Agreement will have to be signed in connection with each transaction. B. Lessee's Authorizing Resolution. The Authorizing Resolution is evidence you have taken the necessary governing body actions to approve the Governmental Equipment Lease -Purchase Agreement. Although the authorizing Instrument is often a resolution, it may also take other forms such as an ordinance. We are agreeable to using your customary or standard form provided it contains specific approval for the lease -purchase agreement, designates persons who are authorized to sign on your behalf and either approves the document forms or delegates this authority to a named official C. Verification of Insurance. The Certificate of Insurance is intended to supply information regarding the insurance coverage for the equipment being lease -purchased. You will need to supply the requested information to us so we can verify coverage. D. Opinion of Counsel. An opinion of counsel is required in connection with each Governmental Equipment Lease -Purchase Agreement. The opinion is intended to confirm that you have complied with all open meeting laws, publication and notice requirements, procedural rules for governing body meetings, and any other relevant state or local government statutes, ordinances, rules or regulations, We would be unable to confirm compliance with these laws and regulations ourselves absent long delays and higher costs so we rely upon the opinion of your attorney since he/she may have been Involved in the process to approve our transaction and is an expert In the laws and regulations to which you are subject. The opinion also confirms that you are an entity eligible to issue tax-exempt obligations and that the Governmental Equipment Lease -Purchase Agreement will be treated as tax-exempt as it is your obligation to ensure that you have complied with relevant tax law. E. Form of 8038G or GC. Form 8038 Is required by the Internal Revenue Service in order to monitor the amount of tax-exempt obligations issued, You have to execute a Form 8038 for each Governmental Equipment Lease -Purchase Agreement. Whether a Form 8038 G or GCis required depends on the original principal amount of the Governmental Equipment Lease -Purchase Agreement. If the original principal amount is less than $100,000 Form 8038GC is filed with the IRS. If the original principal amount is $100,000 or more Form 8038G is filed with the IRS. Choose the appropriate 8038 form and complete according to IRS guidelines. Contact your TM or Sales Support Representative for assistance. IRS Form 8038G http://www,irs. ciov/pull/irs-pdf/f8038q.pdf IRS Form 8038GC http:f/www.Irs.gov/pub/irs- p.df/f8038nc.pdf This Explanation of Contents Is prepared as an accommodation to the parties named herein, It is Intended as an example of some of the documents that Caterpillar Financial Services Corporation, in Its reasonable judgment, may require and is not Intended to constitute legal advice, Please engage and use your own legal counsel, We understand that the laws of the various states are different so nothing herein shall be construed as a warranty or representation that the documents listed herein are the only documents that may be required in any particular transaction or that any particular transaction, if documented in accordance with this Explanation of Contents, will be a valid, binding and enforceable obligation enforceable against the parties named herein in accordance with the terms of the documents named herein. US Cxplanatlon of Content (GOV Lease 80380 / 8038GC) 4336996 13/01/2022 02 40 01 PM Ret 1231649 Meeting Minutes QUINN COMPANY 10006 ROSE HILLS RD CITY OF INDUSTRY, CA 90601 1702 CAT° Financial ; Reference: CITY OF REDLANDS We are requesting a copy of the minutes of the appropriation meeting during which the funds for this deal were allocated. A copy of this information is necessary to complete the documentation package and to fund the deal. Your ability to return a complete package will ensure timely payment to you Thank you for your assistance CATERPILLAR FINANCIAL SERVICES CORPORATION DOCUMENTATION DEPARTMENT US Meeting Minutes Request (GOV Lease Purchase Deals) 4396998 13/U12022 U2 4OE01 PM Ref 1231649 Caterpillar Financial Services Corporation INVOICE CITY OF REDLANDS 35 CAJON ST Suite 30 REDLANDS CA 92373-4746 Page Date I 01/13/2022 Invoice No. 001-70065323 Description Serial VIN Due Date Pmt. No. Amount i (1) 2021 CATERPILLAR 420-07 BACKHOE LOADER H8T01835 ITHOUT THE APPROPRIATE TAX EXEMPTION CERTIFICATE, APPLICABLE SALES AND/OR USE AX WILL BE CHARGED Upon Receipt. 1 $32,000.92 I , CITY OF REDLANDS 35 CAJON ST., Suite 30 REDLANDS, CA 92373-4746 Remit To: Caterpillar Financial Services Corporation 5th Floor Document Services Doc Specialist: QUINN COMPANY 2120 West End Ave. Nashville, TN 37203 PLEASE PAY THIS AMOUNT $ $32,000.9 Invoice No. 001-70065323 1 Total Enclosed RETURN INVOICE AND CHECK FOR SPECIFIED PAYMENT(S) WITH SIGNED DOCUMENTS. Your check will be cashed by Caterpillar Financial Services Corporation (CFSC) upon receipt, but that act will not constitute acceptance by CFSC of the Loan, Lease or Schedule, If CFSC accepts and executes the Loan, Lease or Schedule, the proceeds of this check will be applied to the specified payments, If CFSC does not accept the Loan, Lease or Schedule, CFSC will return an amount equal to this check. US INVOICE (ADVANCE PAYMENT) 43369961301/2022 02.39'41 PM Ref 12316e 9