HomeMy WebLinkAboutOrdinance No. 248 AN ORDINANCE OF THE CITY OF THE COLONY, TEXAS, AUTHORIZING
THE CITY MAI%AGER TO ENTER INTO A CONTRACT WITH THE FIRM OF
~ IN THE AMOUNT OF
~:~'~> z~. ~y~ FOR EIGHT POLICE VEHICLES; ATTACHING THE
APPROVED FORM OF THE CONTRACT AS EXHIBIT "A"; AND PROVIDING
AN EFFECTIVE DATE.
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF THE COLONY,
TEXAS:
SECTION 1. That the City Manager of the City of The Colony, Texas,
is hereby authoriz~d to execute on behalf of the City a contract with the firm
for eight police ve~iicles. The approved form of such contract is attached
hereto as Exhibit "A", and made a part hereof for such purposes.
SECTION 2. This ordinance shall take effect immediately from and after
its passage by the City Council of the City of The Colony, Texas.
DULY PASSED by the City Council of the City of The Colony, Texas,
on the ~/~ day of ~~ , 1983.
APPROVED:
GENE MAYOR
ATTEST:
JA E CARROLL, CITY SECRETARY
APPROVED AS TO FORM:
ROBERT L. DILLARD III, CITY ATTORNEY
L~SE-~RCHAS[ AGREEME~
T~S ~SE-~UR~E AGREEMENT (hermma~er r~F~rr~ to ~ "A~en~") by ~n~ ~eetThe Colony B~nk
Texas
~ a(n)~ c~bon (here~na~ refe~ to ~ *'Les~.
Texas , I ~lili~l su~iv{sion ~ ~e S~te
by L~s~ (o~ acceptan~ ~ ~ of delive~ ~ ~e fir~ ~ of ~o~ ri this ~c~m~ invoN~ mu~ip:e items of Prope~)
~ Ren~ a~ N~~ Less~ agr~s ~ ~ ~11 ~ke all neces~ ~eps and make timely r~ue~s for t~e app~
~r[at~on ~ ~=~s ~ m~ke all ~ymen~ ca:led for und~ ~hib~ B and u~ ~ ~ afro,s an~ ta~e all ~eps ~ cau~ such
~c~s to ~ m~de. In ~e.~e~ ~at (i) ~nds for the succe~in fis~ F --
avaHa?e m?~s for ma~,ng the ~yme~ ~ for unde~ ~i ga~ ~[~::~a~n~ ~.m~e. ~i0 Less~ ~as ex~au~ all ~ a
. during the ~ment ~h~u~e ~ fo~ in ~hib~ B ~ ~.in- -~'-~-~- ~ a~e ~h~s ~ent at ~e end of any fis~l DeH~
the fi~ d~ of ~ final peri~ for ~ app~pda~ons ~nnot be made. Such failure to obtain proper
3. Ta~ In ~dit~n ~ ~e ~ymen~ to be m~e pu~ ~ Pa~gra~ [ her~f, Les~e agr~ to indemni~ and
with res~ to * -
~e Pm~. e~ze~ any F~e~l ~ s~te income ~x~, if any, pa~ b L~ L
' ' ~9~ =nte~ any such ~x~ pdor ~ pa~
~s ~'enan~ and Re~e~n~ns. Le~ ~vena~ and represents as
(a) t~s~e r~pre~ and will p~v[de an o re,on
h~e b~. or w~ii ~, mm~iH ~ in a time~ manne~ ~u reme~ ~r ~ec~on, deiive~ and ~Wo~ance of ~is ~re~ment
(b) ~l pa~en~ her~nder have ~n. a~ wi~ ~ du~ a~ofiz~ and ~aid when due out of ~nds ~en on hand
and lega!~ av~qsble for such ~s~ Less~ will ~ the ~e~ ~ by S~te law and oth~ te~s and conditions of this Agr~
m~ include in i~ budg~ f~ ~ su~s~ve fi~a~
· ~H~ during ~e ~ of this ~r~ment a su~cie~ amou~ ~ pe~it Less~
to d~scha~e ~ll ~ obgiga~ons he. under and Less~ n~ budg~ a~ available f~ ~e ~ne~ ~s~l ~ri~ su~e~ funds to
comply w~ i~ ~bHgations
a~o~a~o~c) ~ere are ~ ~ing or thre~en~ l~i~ ~ adm;n~t~
(~ fnfo~aOon suppli~ and ~atemen~ made ~ l~ In any fi~andal stat~e~ ~ ~ne~ budi~ p~or ~ a
(e) Le~ ~as ~ im~e ne~ for, and ex~ ~ ~ke i~ '
(~ ~ere ~e no ~m~nc~ p~sen~ aff~ ~e L~
n~ for ~e ~c~ or adve~ aff~ ~ ~b li~ ' f' ~ - ~ ~ ~uld r-asonably be ex~ to alter ~ forego
~s~ ~s ~t~ -- r ~., ~p~ng w~ ~e r~uwemen~ of thc I~ ~ ~e S~te i~which
5. U~ and U~ ~ ~all pay and di~ha~e aU opening expenses and s~all ~use the Prope~ to ~ o~rat~ ~
comp~tent pe~s on~. L~ shall use ~e P~ope~ only f~ ~ p~ pu~s~ and will not in~alL u~e, ~perate or maintain the
~ro~ imprc~, ~rel~s~. ~ in ~o~a[on of any appti~e I~, o~inance, rule or ~gulat~on of any g~ernmen~l aut~od~, or
m a manner ~nt~ ~ ~e nacre ~ ~e Prope~ or ~e u~ ~emplat~ by ~ manuf~urer. L~ shall keep the Prcpe~ at
~e I~n ~]t~ ~ ~e ~ ~ ~ep~ance ~ ~ ~s~ u~n deliv~ of ~e Prope~, until L~sor in wdt[n[ perm~
~ rem~aL a~ the Pro~ sha~ ~ u~ ~le~ in the condu~ ~ the L~ee',
the Prc~ ~ a~ I~ f a~, r~u~r~ ~ law for ~e m~ lation and opera.on of the Pro~. Uc~se plet~ us~ on
shall ~ issu~ in ~e name of the Lasso. If a c~fi~te ~ Erie Js issuable ~ith r~ to the ~pe~, ~ ~all ~
~s~ (') Less~ m~, ~ ~ o~ .xpen.. in~al, or pla~ in or ~. or a.a~ or a~= to. the Pre~. ~ .uT~e~ ~
(al in the event tr, a; all or any part of the Property is Io~, ¢.oten, destroyed of damaged beyond repair, Lessee shall
any such rep;acement shall become subJeCt to this Agreement. If insurance is in efied with respect to the prope~y, insurance pr~eeds
rececv~ by Lessor with r~pect ts any ~uch ~sua~ shall be paid to Lessee if such Prope~ is replaced by Lessee as required hereunder.
(b) If Levee fa~s t~ replace such Pro~ es required. Les~r may at ~s option terminate this ~reement as to that
pad of the Pro~ io~ ~oien. de~roy~ or damaged beyond repair, and recover from Lessee tbe amount of th~ unpaid
be:anco applicable ~ Pro~' lost, ~olen, de~roy~ or damaged beyond repair as of the la~ date on which a payment was made
pursuant to Paragraph i her~f, toge~er w~h interest ~ereon at the rate specih~ in ~hibit B from such payment date to the date
of such termin~ion, and less insurance proceeds, if any, received and r~ined. If Lessee exercises its option hereunder, the princm-
~f con of ~ ~ymen~ r~uJr~ to ~ made ~er~ffer by ~ ~rsca~ ~ ~r~ra¢ 1 a~ the subsequent Option ~
Valu~ ~ fo~h in ~hib~ B $hal~ ~ ~u~ in the pro~on ~'hich the original cash ~)e price of the pad ~ the Pro~ ~
stol~n, d~troyed o~ dama[~ ~yond ~pair ~re to the a~re~ate ori~ina~ cash ~le puce of the Prope~y d~cri~d in ~hibit ~
10. Insu~nce. Lessee shall either be seff-insur~ wi~ regard to PFO~ or shall purchase and maintain insu~nce ~
re~a~ to Prope~. If Lessee e)~ to be serf-insured with fe~ard to this Agreement, E may do so only w~h ~e prior con~nt
~ssor. Lessee shall indi~te on each Ce~ifi~te of Acceptance executed in relation ~ this ~reement ~s ejection to be self-in~ured
or ~mpany i~sur~ with re~gFd to the Prope~ hsted on that ~difmcate of ~e~tance. Whether Lessee is self-insured or compa~
insure, L~see shall for ~e term of this ~reement, et ~ own ex.rise, pF~ide ~mprehensive l[abi[i~ insurance wi~ res~
to Prepe~y, insuring a[ain~ such dsks, and such amoun~ as are customa~ for I~sees of prope~ of a char8~er
~ the Prope~. In addition, Lessee shall. (or the term of this ~reemen~ ~ ~ own expense, provide cesual~ insuFan~ ~
res~ to ~e PFo~, [nsurinE ~[ainst Cu~oma~ risks, ~vera[e at all times not Jess than the amount of the unpaid principal
~diDn cf the paymen~ requir~ to ~ ~ade pursuant to Paragraph I as of the Jest precedin[ payment date s~cif*~ in ~ib~
on which a ~yment was mad~. If insurance policies are provided with res~ to the Prope~y, all insurance ~licies shall ~ wi~
insurers a~hoFJzed ~ do bus,ness in the state where the Pro~Hy is leafed and shall name both Les~r and Lessee as )ns~r~s
their respe~ive intere~s may 8p~egr. Insurance process from c8sua)~ Josses shall be payable solely to the Lessor, subje~ to
p~visiops of Paragraph 9. Lessee shall, u~n toqueS, deliver to Les~r evidence of the required coverages together w~h premium
rece)~ and ~ch insurer sha~! a[~ee to Live Les~F wrf~en notice of nonpayment of any ~emium due and ten (]0) days'
prior to cancellation or aEeratior, of any such ~)icy. Lessee shall a)~ car~ and f~u)re any other person or enti~ workin~ on, in
ebo~ ~e Prope~ to ~r~ wo¢¢~,en's compensation insu~nce coverin~ employees on, in or abo~ the Prope~. In the event Le%ee
~ils, for any rea~n, to ~mply ~h ~e requirements of this Para[~ph, Lessee shall indemni~ and ~ve harmles% and, at
~le ex~nse, defend Les~r and PJ a[en~, employees, officers and diFe~Or5 and ~e Pro~y a[ain~ ali risk of le~ n~ ~VeF~ by
11. Indemn~n. L~ss~ ~ali indemni~ and ~ve harmless Les~r and ~ a~ents, employees, office~ and
from and, at ~see's ex~ns~ defend L~sor and its agent, employees, office~ and dir~om aSain~ all tiabimi~, obliBations, ~sse~
dama~, penalties, claims, adions, c~J a~d expenses (mciudinE b~ not IJmit~ to ~sonable a~orne~' fees) of whatsoever Mhd
nature which in any way ~late to or arise out of ~is ~reement or the owne~hip, rental, possession, operation, condition, ~Ie
r~um of the Pro~. All amoun~ ~ich become due from Lessee under ~is Para~ph ]1 shall be credit~ with any amounts
r~eiv~ by the Lessor from insu;ance provided by ~e Less~ and shall be payable by L~s~ within ~i~y (30) d~
demand therefor by Lessor and sh~ll su~ive the termination or ~piration of this ~r~ment.
12. NO ~a~n~. ~OEFF FOR REPRESENTATIONS, WAR~NTIES AND SERVICE AGREEMENTS RE~TING TO ~E PR~-
ER~ MADE OR ENTERED INTO BY THE EANUFAOTURERS OR SUPPLIERS OF THE PROPERTY, ALL OF WHICH ARE HEREBY
ASSIGNED TO LESSEE, LES~R HAS MADE AND MAKES ND REPRESENTATION OR WARRANt, BPRESS OR IMPLIED, ~O
ASSUMES NO OBLI~TIO~ WiTH RESPE~ TO THE TIT~, MERCHANTABILITY, CONDITION, QUALI~ OR FITNESS OF THE
ER~ DESCRIBED IN BHIB~ A FOR ANY PARTIOU~R PURPOSE OR THE ~NFORMI~ OF THE PROPER~ TO
OR PURCHASE O~[R, ITS DESIGN, DELIVERY, INSTAL~IION OR OPE~TION. All such risks shami ~ ~rne ~ Lessee ~
any way ~cusinE L~see from ~ obligations under ~is ~reement and Lessor shall not ~ liable to Lessee for any dam~
a~ount of such ris~. All claims or a~ions on any warran~ ~ a~i~n¢ shall ~ made or pros~ut~ by Lessee. at i~ sole
u~n prior wrMen notice to L~sor. L~sor may. b~ shah have no obligation wha~oever to. pa~icipate in such claim or a~on ~
such war~n~, ~ Lessees ~pe~se, ~y r~ove~ under such a wa~an~ shall be made p~yable jointly to Less~ and '~
13. Option ~ ~se. Provided Lessee has complied w~h ~e terms and ~nditions of this ~reement, Lesse~ ~ h~
the option to purchase not I~s than ami of the Prope~ which is then subje~ to ~is ~r~ment "as is" at the payme~ ~e a~
~r ~e Option to Purchase Va)ues set fo~h in ~hibit B or such edjust¢ Option to Purchase Value as may have been ~-mi~ m
ac~rdance with Paragraph 9 her~f by ~)vin8 wri~en notice to Le~or not less than ~ (~) days prior to the date ~c~
~hibit B for the ~ercise of such option; provided that upon Lasso's ~me~ payment of alt paymen~ specifi~ In ~i~ B
~e ~l Purchase Op~on Price, L~see shall ~ deem~ to have pro~riy exercise ~ option to purchase the Pro~ ~
be d~med to have acquir~ el) of L~Us d¢~ title end inter~t in and to the Pro~, fr~ of any lien. enc~mb~
i~ter~ ~ce¢ such liens, encumbranc~ or securi~ [nter~ as ~ay ~ cr~t~, or ~i~ed and not d[scha,~, ~-[~
~ho~ other war.ntis. Pa~ent of ~e applicable Option to Purchase Value shall ~cur on the applicabie purcha~ da~
in ~hibit B her~o at which time L~SOF shall, unless not r~uir¢ hereunder, deliver to Lessee e quitclaim bitl of
~s intere~ in the Pro~y to ~ee free from any IJen, encumbrance or ~ud~ interests except such as may ~ crated, or
~i~¢ and not discharged. ~ L~s~ but without other warranti~. Upon Lasso's a~ual or constructive payment of ~e Option
~ Purchase Value end L~soKs actual or constru~[w delive~ of a qu~claim bill of sale covedn~ the Prope~, this ~r~ment shall
terminate except as to obh~ations or liabilities accruin~ hereunder prior to such te~in~on.
14. ~bu~ a~ ~f~
fa} ~e ~u~ence of ~e or more of the following ~en~ shall constitute an Event of ~fau~ wh~her ~u~n~ volu~
~dly or Involun~dly. by operation ¢ bw or pu~uant to any o~er of any coud or Sovemmental a~en~
(1) L~'s ~ilure ~ make any ~yme~ hereunder when due or wi~in ten (10) da~ thereaffeq
(2) L~s~'s ~ilure ~ comply with any ~her ~enant ~ndition or a~r~ment of Less~ hereunder for a
¢ ten (]0) days abet noti~
~ ~y repr~en~on or warran~ ~de ~ L~s~ her~nder shaIJ ~ untrue in any material r~p~ es ~
date made; .
(4) ~s~ shall ~ke. ~r~it or suffer any una~horiz~ assi~nme~ transfer or other disp~ion ~ ~r~
merit or any intere~ herein, or any pa~ of the Pro~ or any inter~t therein; or :-~
(5) ~ssee ~mes insolvent or admits in w~ing ~s inabili~ to pay ~s de~ as they mature or ~pp~,
tla) pa~ of its pr~ and is not discherg~ within s)~ (~) days; or any bankruptcy, reorpanization, debt arrangemenL morator-
ium. or any pr~e~m[ under any ~nkruptcy or insolven~ law. or any dissolution or liquidation procezd)ng, is )nstitut~ by or
ega~n~ L~see end. if Inst~ aga~n~ L~see, is consented to or acquiesced in by Lessee or is not dismissed w~hin si~y (~) da~.
(bi Upon the ~currence of any Eve~ of ~fau~ s~ified herein L~sor may et its sole discretion exercise any or
of the following rem~;~:
(I) Enfo~ this ~reement by appropriate e~ion to coll~ amounts due or to ~come due hereunder. ~ ecoala.
~ticn or othe~ise, or to ~u~ L~s~ to ~dorm I~ other oblig~tions hereunder in which ~e~ L~see shall ~ liable for ali ~
and ~enses in~n~ by
(6) Under no circumstance shall Lessee be liable under paraJ[raph ]4 (bi for an)' amount in excess of the sum
Property to Lessor or Lessor repossesses the Property. Lessee hereby waives any right which it now has or which ma)' be a~oJred
16. A. ss~gnrn~rit and SubJe~se.
(al Without the prior v, Titten consent of Lessor. Lessee shall not (ii aSSlo~n, transfer, pledge or hypothecate or other-
wise dispose of this A~reen-,ent, the Property, or any pa~ thereof or any interest therein, (ii) sublet the ProperS, or any pa~t thereof,
or (iii) permit the Property to be used for any purpose not permitted by Paragraph 5 hereof.
ments of any kind due or which are to become due to Lessor hereunder) and any such purchaser(s), ass;ghee(s) m'
ledge that any such purchaser{s), as~Jgnee(s) or transferee{s) will have mede no representation or warranty, and 'ther~ol'e will
assume no obligation, with respect t~ the title merchantability, condition, quality or fitness of the P~oporty ~or any ~al~culaf
Upon Lessee's receipt of written notice of Lessor's sale, assignment or transfer of all or any part of its, interest here,Jr~er;~t.eSsee
.. ~es to attorn to and reco£n~ze any such purchaser(s), assignee(s) or transferee(s) (jointly, if more than one) as the :~-essol~s)
customary form as to an)' purchaser's, assignee's or transferee's right, title and interest in to and under *.his A~reeme¢l[, ~_.~_~'
17. Pe,-~onal properbj. The Property is and shall at all times be and remain personal property. ~-7.~-~'._~.-+~:;~.~.
18. tessor's Right to Perform for Lessee. If Lessee fails to make any payment or perform or comply with
covenants and obligations on behalf of Lessee and the amount of any such payment and the expenses (inc!udJng lx~t~ Lt~?ite~
to reasonable attorneys' fees) incurred by Lessor in performing or complying with such covenants and obligabons, as ~
]9. Interest on Default. If Lessee fails to pay any payments specified In Paragraph ] hereof within t. en (:10) ~.~_T~'~
due date thereof, Lessee shall pay to Lessor interest on such delinciuent payment from the due date until pe~d at the ~h~s~
rate. ~:~':~ 2::_
20. Notices. ~y nofices to be given or to be served upon any party hereto In connection with this ~reeme~
address es either party may harasser designate,
~1. ~¢urff3, Intc~-~sf. As security ~or Lessee's eovenants and obligations hereunder Lessee hereby ~rents to Lessor, and
have jurisdiction over the Prope~. I_P~see agrees to execute, acknowledge and deliver to L~or !n recordable turin ~ecs~
firmncin8 statements or any other Ir~-~ruments with respect to the Property or this ~qs-Teement considareJ ne?~ssry ~ d~es~-trabl~
lessor to parfent and c~nt~nue the ~-curity interest lranted herein in accordance with the laws of the applicable
(19 The L~ss~r he~eunde~ ~.~.~1~ h~ ~e ~ ~ n~ brae ~ ~m~ ~ ~ ~ L~ ~ d~;gnste
(~ ~l ~nspo~tion ~ shall ~ ~me by L~see. L~s~ will imm~iate~ noti~ L~s~ of any change
~ ~ or ~ the ~o~, of a change in ~'s ~dr~ or in n~ f~ ~ ci~ums:ance wa~n~ ~ ~nt~
~ss~, or if any Eve~ of ~fauR ~u~
ih) Use of ~e n~er ~ hewn ~ ~r pu~ of ~ience only a~ sha~ ~ ~m~ to mean and
(il ~e ~ons s~ f~ h~in a~ for ~enience of ~fe~e on~ and sha~ ~ defi~ ~ limit n~ Of tha
~ p~s~ h~.
/
day ~ ~ ,
LES~
The Colony B~k
e~ ~ ~. Rush
(Name)President ~ity F~nager
~fle) 5200 Paige Road ~e~576 N. Colony Boulevard
(~d~ of tessgr) (~dr~of~, ~nton, Texas 75056
The CoLony, ~nton, Texas 75056
~E STA~ OF Texas
~UN~ OF Benton )
Be~re M~ag~m~ ~e u~e~i~Citya~,ol The~ ~$ 6~ ~nal~ ,p~a~ ~d~/ ~/~
city
~_ Colony , ~o~ ~ me to be ~e ~n ~0~ name is
the foregoing inclen% an4 ackno~g~ t0 me th~ he ex~ the ~me ~r the pur~ and ~nsider~io~ ~erei~
in ~e c~paci~ ~e~n ~ and as ~e ~ and d~ of ~id cor~o~.
~U~ OF ~nton ) ;~: =
De. re me, ~. u~e~lzn~ a~, on ~is d~ ~r~nal~ ap~ar~ M~k A. Rush :
President ~_ The Colony ~nk _. ~n ~ me to ~ ~ne ~ wh~ name B ~b~
goin& ln~men~ and ac~now{~g~ ~ ~ ~ he ex~ the ~me ~r ~e pu~os~ and consider~on ~er~n~e~
~pac~ ~,er~n s~t~ and ~ ~e ~ a~ d~ of ~id co~ra~ ~
My ~mm?sslon ~pi~ No~U ~bl%~ In nad for
~ - ~ O~NION OF ~UNSEL
~e u~de~ig~ ~om~ has ~ ~ I~al ~n~l ~r the ~ss~ id~iR~ in ~e ~oin~ lea~p~r~a~
a~ has ~i~ such ~asepurcha~ a~me~, aB oth~ reliant d~umen~ app1*ca~ ~stit~ional
nantes, and regulations: and ~ ~ ~e ~n~ ~ ~e u~e~gn~ th~ the Les~e is a ~ate. an a8en~ ~ a ~t~ ~
d~sion ~ a ~t~ ~ ~s~ ~ ~ ~ ar~ ~ ~ enter ~ the Lea~-~rc~ ~re~ ~
~ h~ ~ ~ a~h~, ~ ~ ~ ~ [~, and f~ a vaF~ and binding o~;g~n of [~
~(Name) ~ / -
F-50~ (~. S.81) AHorney for Le~s~
EXHIBIT A
DESCRIPTION OF PROPERTY
D~sc riplign:
One (1) 1983 Dodge Diplomat, serial no. 2B3BG26S9DR172694
One (1) 1983 Dodge Diplomat, serial no. 2B3BG26S7DR172693
One (1) 1983 Dodge Diplomat, serial no. 2B3BG26SODR172695
One (1) 1983 Dodge Diplomat, serial no. 2B3BG26S1DR173516
One (1) 1983 Dodge Diplomat, serial no. 2B3BG26S4DR172697
One (1) 1983 Dodge Diplomat, serial no. 2B3BG26S3DRt72691
One (1) 1983 Dodge Diplomat, serial no. 2B3BG26S5DR172692
One (1) 1983 Dodge Diplomat, serial no. 2B3BG26S2DR172696
Original Cash Sale Price: $73,154.92
TH~ OOLONY BANK
Date: 02/23/83
Interest Rate: 11.25
First Pa~nent in Advance
PYMT.
~d~NCE OF
NO. DUE DATE ~AYMENT INTEREST PRINCIPAL PRINCIPAL
73,154.92 --
1 02/23/83 2,381.34 - 2,381.34 70,773.58
2 03/23/83 2,381.34 663.50 1,717.84 69,055.74
3 04/23/83 2,381.34 647.40 1,733.94 67,321.80
4 05/23/83 2,381.34 631.14 1,750.20 65,571.60
5 06/23/83 2,381.34 614.73 1,766.61 63,804.99
6 07/23/83 2,381.34 598.71 1,782.63 62,022.36
7 08/23/83 2,381.34 581.46 1,799.88 60,222.48
8 09/23/83 2,381.34 564.59 1,816.75 58,405.73*
YEAR ENDING 9/83 19,050.72 4,301.53 14,749.19
9 10/23/83 2,381.34 547.55 1,833.79 56,571.94
10 11/23/83 2,381.34 530.36 1,850.98 54,720.96
11 12/23/83 2,381.34 513.01 1,868.33 52,852.63
12 01/23/84 2,381.34 495.49 1,885.85 50,966.78
13 02/23/84 2,381.34 477.81 1,903.53 49,063.25
14 03/23/84 2,381.34 459.97 1,921.37 47,141.88
15 04/23/84 2,381.34 441.96 1,939.38 45,202.50
16 . ~. ~5/23/84 2,381.34 423.77 1,957.57 43,244.93
17 · ~3~>~6/23/84 2,381.34 405.42 1,975.92 41,269.0t
]8 ~7/23/84 2,381.34 386.90 ~ 1,994.44 39,274.57
19 08/23/84 2,381.34 368.20 2,013.14 37,261.43
20 09/23/84 2,381.34 349.33 2,032.01 35,229.42*
YEAR ENDING 9/84 28,576.08 5,399.77 23,176.31
21 10/23/84 2,381.34 330.28 2,051.06 33,178.36
22 tl/23/84 2,381.34 311.05 2,070.29 31,108.07
23 12/23/84 2,381.34 291.64 2,089.70 29,018.37
24 O1/23/85 2,381.34 272.05 2,109.29 26,909.08
25 02/23/85 2,381.34 252.27 2,129.07 24,780.01
26 03/23/85 2,381.34 232.31 2,149.03 22,630.98
27 04/23/85 2,381.34 212.17 2,169.17 20,461.81
28 05/23/85 2,381.34 191.83 2,189.51 18,272.30
29 06/23/85 2,381.34 171.30 2,210.04 36,062.26
30 07/23/85 2,381.34 150.58 2,230.76 13,83!.50
31 08/23/85 2,381.34 129.67 2,251.67 11,579.83
32 ~9/23/85 2,381.34 108.56 2,272.78 9,307.05*
YEAR ENDING 9/85 28,576.08 2,653.71 25,922.37
33 10/23/85 2,381.34 87.25 2,294.09 7,012.96
34 11/23/85 2,381.34 65.75 2,315.59 4,697.37
35 12/23/85 2,381.34 44.04 2,337.30 2,360.07
36 01/23/86 2,381.34 21.27 2,360.07 0
YEAR m-%flDING 1/86 9,525.36 218.31 9,307.05
*Option-to-purchase price after payment of a~ount otherwise due on date indicate~.
BILL OF SALE
Fo~ value received in the amount of $ 73,154.92 . the receipt of which is acknowledged,
Lo~e Sta~ Do~ge (hereinafter"SELLER")
hereby sells and transfers its right(s), title(s), and interest(s) in the items of Property described be}ow to
The Colony Bank
(hereinafter referred to as "BUY'~:~
NO. OF ITEMS DESCRIPTION MODEL SERIAL NUMBER
One (1) 1983 Dodge Diplomat 2B3BG26S9DR172694
One (1) 1983 Dodge Diplomat 2B3BG26S7DR172693
One (1) 1983 Dodge Diplomat 2B3BG26SODR172695
One (1) 1983 Dodge Diplomat 2B3BG26S1DR173516
One (1) ~983 Dodge Diplomat 2B3BG26S4DR172697
One (1) 1983 Dodge Diplomat 2B3BG26S3DR172691
One (1) 1983 Dodge Diplomat 2B3BG26S5DR172692
One (1) 1983 Dodge Diplomat 2B3BG26S2DR172696
SELLER hereby represents and warrants 1o BUYER that SELLER is the absolute owner of said Property, that said
Property is free and clear of all lie ns, char~es, and encumbrances and that SELLER has full right power and authority
to sell said Property, and to execute this Bill of Sale.
Daled as of February 23, , 19 83
SELLER: Lone Star Dodge
~ {Name)
(Tit e)
STATE OF ~'~..&~C?.~ ) _ ~:.
)ss
County of ~..~cl.,/ )
Onthis c~ dayof_'~~J 19 ~ ~beforeme,'theunders~ned
notary public, personally appeared ~,/. ,._.'AJ ~'~ ~D~L.,~/.~.'/-' _ ....
, known to me to be the person whose name is sub~/cribed to the within in~strument an~'-~-~
acknowledged that he executed the Same for the purposes therein contained.
IN WITNESS WHEREOF, I hereunto set my hand and.official s?aL
My commission expires: Notary Public
The Colony Bank (Le~0~
City of The Colony, Texas
Dat~ February 23, 1983
manufa~ure s~ed by Le~ {~ has ~en found to ~ and is whoi~ suitable for La,see's ~s~ and [~
EOU~E~:
Eight (8) ~ge Diplomat automobiles
US~' 'i'he primary use of the p?ope=?/~ &e follo~l;
patrol cars for City of The Colony Police Department
PROPERTY LOCA~ON:
City of The Colony
5576 N. Colony Blvd.
The Colony, TX 75056
PAYMENT~ InvoicingshaHbetotke~)owir)gaddre~l:
6. INSURANCE: Lessee ce~ifies thl/property and liabt]~1~ Insurance have been secured in accordance with the AGreement
end such coverage will be maintained In fol~ force for the term of the Agreement
designated Ic~s payee until Levee is not;fled, In writing, to substitute · new loss payee.
x Company insured, copy of JX)liC'~ endorsement attached
Elect to self-insure in accordance with ParagrsDh 10 of the Le~se-Purchase Agreement
?. M~JNTENANCEc In accordance w~',h Section 5 of the Agreement, Lessee agrees tO, at its own expense; sez-,k:e, rspai~
L£SS"~itv of The
the 3r--day c~ . 1 g (name typed or printed)
City Manager
NOTICE OF 7, NSL'P-~-~C~ II~LiIIa, Z. KE~1~"TS
The eq~Xl~e~ %ease-l~rc~*lse A~,ree~en~ l~as cer~a~u
cnntractural obl~ga~iona for ~nsursnce requirenen~s ~ch
~hould ~ revieved ~ your agent.
visions ~e~a~n~ ~o ins~c~ on ~he ~ope~k~.
.... ~
~v~ ~ Lessor w~ r~ to any su~
~a,ince apph~bte ~ ~ ~ ....... ~n ~ the ~e ~f~ ~ ~h~b~ B f~m such ~ment d~e to ~e gate
pursuant ~ parag~ph ~ her~. ~er
of ~ch termm~on, and ~ Jn~ce p~.~ -,~L~ '~ ou~ua~'~ Para~ I a~ ~e ~b~ue~ O~on to Pu~ha~
~ ~on of ~e ~yme~ ~u~[~ ~