HomeMy WebLinkAboutOrdinance No. 246 AN ORDINANCE OF THE CITY OF THE COLONY, TEXAS, AUTHORIZING
THE CITY MANAGER TO ENTER INTO A CONTRACT WITH THE FIRM OF
OF ~_~ ~4 ~--~ FOR AN OUTDOOR WARNING SYSTEM; 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 authorized to execute on behalf of the City a contract with the firm
~/~)/ (~.~ /~ in the amount of~,'~ J?~.~;}
of
for an outdoor ~tarning system. The approved form of such contract is attached
hereto as Exhibit "A", and made a part hereof for such purposes.
SECTION 2. This ordinance shah take effect immediately from and after
its passage by the City Council of the City of The Colony, Texas.
DULY PASSED by the City Councilor the City of The Colony, Texas,
on the ~--~ day of ~-.~Y~7~4~'./~_~ , 1983.
APPROVED:
GE~NE POLLARD, MAYOR
ATTEST:
JANICE CARROLL, CITY SECRETARY
APPROVED AS TO FORM:
ROBERT L. DILLARD III, CITY ATTORNEY
L~S'E-PURCHASE AGREEME~
TH~S ~E-PUR~E AGR[EMENT [here;r,a~er referr~ to ~S "~'~nt"~ ~ ~n~ ~eeh The Colo~
e~ City of The Colony, Texas -
Texas . a ~l~[i~ su~iHs;on
(hereinafter ~err~ ~ as 'T~.
J. T~ and ~m~ Les~r hereb~ Itases b ~swe a~ bs~ h~reby lea~s f~m Lgs~r. ~e
~ L~s~ (or a~eptan~ ~ ~ ~ delive~ of the fi~ ~em ~ ~o~ ~ this ~r~ invol~ mu~iple ~ems ~ Prope~)
a~ ~haR ~ntinue un~l. bhe e~ of ~e ~ss~'s cu~ent fi~l ~, a~ ~reaRet lor ~ add~ional fi~
available means for making the payment ~lt~ for under ~is ~r~me~ Oi~ Less~ has invok~ and d/ligen~ pu~u~fa~legal
~e P~pe~. effe~ive on ~e ~ day of U,e la~ fi~1 pe~ for ~ approbation or app~va[ w~s pm~ ob~in~.
3. Tax~ In ~dition ~ ~e ~yme~ to be made ~a~ ~g~ [ her~f, Le~ ~ to ind~ni~ and hold
~na~i~, fines or intent ~er~n im~s~ again~ or on L~sor, L~ ~ ~e Pro~ ~ any gov~en~l
~e Pm~, exce~ any F~eral or ~ in.me ~x~, ~ any, ~ ~ L~. L~ ~y ~nt~ a~ ~ ~x~ ~or ~ ~y-
~ p~id~ su~ ~nt~t d~ ~t in~e any risk of ~le, ~d~m ~ ~ ~ ~e P~ or any in~ ~e~
~a) ~s~e represS, and will provide an opinion M ~ ~un~ ~ ~e eff~ ~ R has ~ ~ and a~or~ to
Lessee enfor~able in a~ance ~ As te~s and all r~uire~ ~ ~on. ~he~ and ~o~an~ of ~is ~r~ment
~e ~n. or will ~, ~m~;~ ~h in a Ume~ manneg
(b) ~1 pa~ hero.er have ~n a~ ~ ~ du~ a~ofiz~ and ~ ~en due ~
discha~e all ~ oblige~ons ~u~r a~ L~ n~ ~og~ a~ ~d~le f~ ~e ~ne~ ~I ~
. (d) J~ ~fi~ e~ s~teme~ made ~ ~ ~ a~ fl~ndal ~e~ ~ ~
~ntem~neou~ w~ 4h~ ~m~ are t~e and
(e) ~ss~ has ~ tmm~[me n~ for, I~ ~ ~ ~ ~m~i~ u~ ~. sub~nti~
~e~ro~ or adve~ ~ ~ ebil~ or w[llingn~ ~ ~ ~nds for ~e ~e~ of ~ due hereu~eq and
~ '~.'s ~ ~ ~ln.e ~is ~r. ment ...~. ~g~ph , he~f ~ ~ ~ ,~e~nde~ ~,ln~.
5. U~ and U~n~ ~ss~ Call ~yand di~ha~e Iii o~ enses m~ i~ff ~u~ ~1 ~ to
core.tent ~ons on~. ~ shall use ~e ~o~ on~ f~ ~ ~ ~s~ and wi~ ~ In~all. ~ O~rate
P~ Jmp~r~. ~s~, ~ in ~o~on of any appl~bie ~, ~i~ ale or ~l~ion ~ a~ ~ernme~l
a manner ~ntm~ ~ ~e n~re ~ ~e Pm~ or ~e u~ ~mp~ ~ ~ ~n~mr. L~
~L~,_~uO~ ~ ~s~ ff any, r~u,r~ ~ ~ for ~ I~on a~ o~5~ ~ ~e ~.
;-~na~ar~ ~r ~ ~ ~ a~ ex~, a~ sh~a ~ ~ a~ all ~ ~er~ ~
~ ~ich ~p~e~ ~ ~ a~ cl~r ~ ill lie~. ~mbm~ and claims ~ ~he~. a~ shall
(a) Less~ mey, ~ ~ ~ ex~n~, in.eH ot pla~ in ~ ~ ~ ~ach ot ~ ~. the ~.
~om~ affix~ or a~ch~ ~ teal pro~ or ~rmane~ r~ u~ any real pro~ Or any impr~me~
(b) If Lessee fails to replace such Prop.:.rty as required. Ler~or may et its option terminate this A~reement e~ ~ ~t
~en, ~troyed or damaged ~y~ re~i~ ~re ~ ~e e~regate ~[nal cash ~le ~e of the P~o~ d~cd~ m ~hi~t ~
rega~ ~ Pro~. If Lessee e~ to ~ serf*insured with rega~ ~ ~is ~reeme~ A may do ~ on~ w~ ~e ~rio~ ~n~
~ssor. ~ee ~hall indicate on ~ch ~dif~t~ ~f. Acc~an? ~c~ed in relation ~ ~is ~reement As el~on to ~ ~- n~ _~.
~ the Pro~. In eddrtion, Levee shall, for the term of ~is ~r~men~ at ~ o~ ex.nsc, provide ~a~ ~suran~ ~ '
their restive intere~s may ap~r. Insurance proceeds from ~sua~ losses ~all ~ payable sole~ to the Laser, subje~ ~ ~e
re~ and ~ch insurer shall ~ree ~ give Laser wri~en notice of non~yme~ ~ a~y wemium due and ten (10) ~a~'
.~ ~e ~ro~ ~ ~r~ ~en's ~mpen~on insu~nm ~veHng empi~ees ~, in or abo~ ~e Pro~n the ~ee
~il~ ~r any reach, to ~mply ~ ~e ~quiremen~ of ~is Parsg~ph, Les~ ~all i~emni~ and ~ ha~ and. M
~le ~nse, defend ~s~r and ~ ~en~, em~oy~s, offi~ and dire~ors end ~e ~o~ ~ain~ all ~sk ~ ~ ~ ~
f~m ~' .l~6em~fion. L~ ~11 Indemni~ and ~ve ha~l~ l~r a~ ~ age~, ~ploy~...~m ~ ~r~
dam --' ~ L~S~. ~ns~.oem~ ~so~ and ~ ag~, ?mpl~y~, ~m end dlr~om ~aln~ al ka~l~, ~g~o~ ~k
r~um of the Pmpe~. ~1 amou~ ~i~ ~ome due ~mm ~s~ u~er ~is Pa~ II ~ll ~ ~A~ ~ e~ ~u~s
r~iv~ ~ ~e ~ssor from insum~e pr~id~ ~ ~e ~ a~ ~11 ~ payab~ ~ L~s~ ~in ~ ~) .~a~
~mand ~erefor by Lessor end shall su~ive the te~ination or ~Uon ~ ~is ~ * - ~- .
12. No Wa~n~. ~CE~ FOR REPRESENTATIONS, W~iES AND S/R~CE AGREEM/~S R~TING ~0 ~E~.
ER~ M~[ OR ENTERED INTO BY THE MANUFA~URERS OR SU~LIERS OF THE PROPERS. ALL OF ~l~ ~E ~Y
ASSIGNED TO LESSEE, ~S~R H~ MA~ ~D ~KES NO REPRESENTATION OR WAR~N~. ~ ~MPU~ ;~
~SUMES NO OBLI~TION WITH RESPE~ TO THE T~ ME~H~T~IL~, ~NDI~ON. ~U~ OR F~~ ~
ER~ DESCRIBED IN ~HIB~ A FOR ~Y P~TICU~ ~R~E OR THE ~NF~ OF ~E PRO~~~
OR ~RC~E. ORDE~ ~S DES~N, ~LIVERY, INSTAL~TION ~ OPE~TION. NI ~ ds~ shall ~ ~ ~'~ ~
~unt of such ns~. All cla~ ~ ~ns on any warran~ ~ a~i~ shall ~ ~ ~ ~ ~ ~.
u~ prior w?Uen~ofice.to ~s~. I~r may, b~ shall h~e ~ obIigaUon ~a~ ~, paAici~te ~ ~ ~m:~
~ucn wa~nW, ~ ~sors ~n~. ~y r~e~ under such a wa~ ~ha~ ~ ~de ~ble ~i~y ~ ~s~
13. Og~n ~ ~mha~. ~ Less~ has ~mpli~ ~ ~e te~s and ~E~ns of ~is ~~ ~
~*e o~ion ~ purcha~ not ~s ~n all of the Prope~ ~ich ~ ~n subj~ to ~ ~r~nt ~ ~"~ ~ ~_~
~ ~e O~ion ~ Purchase Val~ ~ f~h In ~hibit B or $u~ ~ju~ O~ion to ~ase Value ~ m~ ~e ~ ~
~n~ ~or ina ~er?se o]. su~ o~on; provided ~at u~n L~ s ~me~ ~ ~ ell ~en~ ~.~
~e?na~u~ch~se Opbo~ Pn~, ~ shall ~ deem~ to ~e ~ ~emi~ ~ o~ion ~
~o~e~wa~an~e~ ~t ~e apph~ble Opbon ~ Pu~ Value shall ~r on ~e apph~b~ ~ d~;
[~s ~ ~n~e_Pro~ ~ [~ fr~ from a~ aen, ~m~ance ~ ~u~ Imer~ts ~ce~. s~ ~ ~'~ ~
~r~ a~ not orscna~, ~ ~ ~ without ~her warra~*~. U~n ~s~ s ~ual or ~m~e ~ ~ ~e~ion
]4. ~u~ and ~s ~ -- ~-~--~*'~
(a) ~e ~u~en~ ~ ~ ~ more of the fo~l~ng ~ shaE ~ an EveM of ~au~ ~~
~d~ ~ ~olunb~ly, ~ ops~ion ~ ~ or pu~ua~ to any o~ ~ any ~u~ or ~mme~ age~ .~- ;-~:~'~:¥:
~{ ~s.;S ~lum ~ make any ~y~M hemun~r ~n due ~ ~ln ~n (]0) da~ ~ ~.~A~:~;~
(5) Le~ ~ I~olvent or edm~ In .~ng ~ Inabll~ ~ ~ ~ de~ ~ ~ ~um or a~ ~.'
~al pa~ ~ ~s prolix and is ~t di~harg~ w~hin st~ (~) ~ or any ~n~, r~ani~tion, de~ a~an~men~ ~tor-
~ or.any preening u~der any ~nkruptcy or Insolven~ ~, Dr any dissol~ion ~ liquidation pr~din~ ~ in~it~ ~
aga=~ ~see a~. If In~K~ against ~see, Is consente~ to or ecqui~c~ In ~ ~s~ or ~ n~ dismiss~ ~in si~ (~)
(b) Upon ~e ~u~e~ of any Event of ~fauE s~,~ herein L~r ~y at Es ~ discr~ion exemlse any ~
(3) E~or~ ~ls ~r~ment ~ appropfi~e I~ion to cofle~ amou~ due or to ~ome due ~reunder, ~ ~e~e*
and ~ns~ Incu~ by
a neb agreement made for the periods prior ~O t~e expiration of t~his A~reement are less than the ~um of ~) ~e ~
(ii~ th..~n~id nrincinal balance de'i~d from ~hlbit ~ as of the ~st pr~eding ~yment date s~ifi~ ~ ~l~
Paragraph 14. ~hati mean to the e~ent aUow~ by ta~ ti) r~nabie ~om~' f~S H ~is ~ b ~f~
~es incurr~ in conne~;cn with any ~poss~sion o~ f?r~losu~, including c~ ~ ~ ~ondRioning and ~i~
(6) Un~e[ no ci~um~nce shall Lessee ~ llabte under ~ph ]4 ~) ~r any a~ In ~
epp~pr~ated pu~uant ~ ~ragraph ] her~f for ~e prev;ous end current fis~l ~m, ~ss all a~un~ ~i~
35. T~ination. Un~ess Le~e h~s properly exercis~ Es o~ion ~ put.se ~a~ ~ ~gra~ 33 he~, ~ssse ~11.
~. If Les~e fails to deliver the Pro~ to Lessor, as pmv~ in ~is Par~raph 35, ~ or ~fore ~e ~ate
~is ~r~menL Les~e shaU pay th Les~r u~n demand, fo~ ~ holdover ~, a ~on of ~e t~ ~ f~ ~e app~e
~ as s~ fo~h In ~hib~ B pm~e~ from the ~ate ~ te~i~ion of ~is ~r~ment ~ ~e d~e ~ ~ ~em ~e
~ ~ Lessor or L~sor re~ss~s~ ~e Pro~. Lmsee hereby walv~ an~ d~t whi~ ~ ~ has ~ ~i~ ~ ~ a~u1~
~under, ~cept tn e~ance w~ ~e ~pr~ pr~islons he~.
(a) ~tho~ ~e prior ~n ~nsent of L~r, L~ ~all n~ ~ a~, ~r, p~e ~ ~
~ dis~e ~ ~is ~r~me~ ~e Pro~, or any ~ ~er~f or any Inte~ ~emin, 01) ~bl~ ~e ~ ~ ~ ~ ~--
or (iii) ~E ~e P~ ~ ~ u~ ~r any pu~se ~ ~ by Pa~ra~ 5 ~f. · .... ~- -
(b) L~sor shall ~ e~tl~ wRh or w)tho~ noti~ to, or ~e ~n~ ~, ~s~ ~ ~H, ~ ~f~ ~-~;~-~-
~ of ~ HghL ~tle and Inter~ In, ~ and under ~is ~reem~ (includin~ wRho~ ~m~ti~ ~b ~ ~e ~
~ ~ any kind due or which are ~ ~ome due to L~ot ~eunder) end any ~ ~r(s), n~}
· ~11 ~ereaHer 0ointly. U more than one) ~ dee~ed th ~ t~ t~r hereunder. ~ ~at [~r and ~ ~ ar~ ~- -~ ·
~ge ~ any *~h pur~a~Cs), ms~gn~(s) or tran~er~(s) ~11 .~ve ma~e ~ ~p~Uon or ~n~, ~
~su~ no obligation, wRh r~ ~ the ~le, merchen~bil~, c~d~on, quah~ or ~ ~ ~e ~o~ ~m ~
~ or for ~e enfo~ement ~ any war~nUes er se~ice ag~ ~de or ~ign~ ~ L~ ~ be I~al [~ ~_~_~
U~n ~see s ~eipt of ~e~ n~ce of L~so?s ~le. n~ign~nt ~ ~n~er ~ all or ~ny ~ ~ ~ ~e~ ~~.~
n~ ~ e~om to e~ r~ogntze a~ such purchaser(s), asstgn~s) or ~nsfer~{s) ~, ~ m~ ~n ~) ~e ~ '
e~r ~is ~reement. U~n wri~en ~u~t L~see agr~s ~ ~e and delNer ~ ~ ~ ~ ~.~
~b~ ~ ~qu~t~ I~ludin~ b~ ~ lim~t~ to, ~ serrate ~?ment ~ ~si~m~ a~ ~ ~
~ma~ fo~ as ~ a~ push.se?s, a~ign~'s or tcan~er~'s n~L ~tle and Inte~ m, ~ a~ u~er ~ts ~~
a~ ~e pa~en~ ~e~afler due end pa~ble pursuant ~ ~is ~me~ .
38. ~ds R~ ~ ~o~ ~ L~. ~ Les~ ~it$ ~ ~ke any ~me~ or ~ or ~ ~
na~ or obligations hereunder, ~s~r ~y, but shall ~ ~ ~uir~ ~, make su~ ~nt ~ ~ ~.~
~ena~ and obligations on ~ha~ ~ ~s~ and the smou~ ~ any ~uch ~e~ ~ ~e ~ ~
~ ~onable ~orne~' f~) incu~ ~ ~sor in ~dormi~ ~ ~mp~ing ~h *u~ ~enan~ and ~_~~-
~, ~e~er ~h I~er~t ~er~n ~ ~e h~gh~t I~ul ~ ~ll ~ ~ble ~ L~ u~ ~ma~ · -7 :~
$~. I~m~ on ~au~ U ~s~e fails ~ pa~ a~ ~ym~nb s~c~ In ~g~ph 2 ~ ~ ~ ~
due date ~er~f, ~s~ shall paX ~ ~sor inter~ on ~ch de~i~ue~ ~yment from ~e d~ ~e u~l ~d
~ and may ~ aiven ~ ~i~ or register~ mall, and ~11 ~ d~m~ ~ ~ ~n ~ a~ ~ ~3~ (~)
~um after a r~ster~ or mffifi~ ~er ~n~ming ~uch ~i~ ~ge prepaid, k ~ ~ ~e OnE~
~n ~he~t~ shall ~ ~m~ ~ have ~n ~iven ~en de~w~ ~ and ~ ~ ~ ~ ~ ~ R ~ ~d~.
~ shall ~ ~ven ~ ~e pa~ ~ ~ir r~p~ive eddr~ ~1~n~ on ~ ~u~ ~e of ~ts ~
~d~ es e~er ~ may her~r d~l~te. ~:.~
~mm, and, In eddRion to ~s Hgh~ hereunder, aH ~ ~ ~ a~ ~ ~ a ~ ~ ~~~'
~al ~e ~ in ~ ~m fi~ ~ ~me hereafter In ~e ~te ~ which h ~ b ~ ~ ~ ~_~
fl~n~ ~atemen~ or anx ~her i~me~ w~h r~ ~ ~ ~ er ~ls ~ ~e~ ~
(a) ~ssee shall, ~en~ ~u~t~, advise ~ ~ ~e ~ ~tion a~ ~on ~ ~e Pm~ and
~r Imm~iate notice of any e~ch~ or other judicial p~ ~in~ ~ ~o~. a~ [~emn~ a~ ~ ~r
fiom any ~s or damaae ~u~ ~ere~. ~sor may, for the ~ of tns~ion, at all ~ble ~m~ ~ u~n
~ilding o[ p~ace where the P~ope~ a~ ~e ~ok~ end r~o~s cf ~e ~s~ ~ ms~ the~o ~e ~.
(b) Time Is ~ the ~nce. No ~venant or o~iga~o~ hereunder ~ ~ ~o~ ~ Lm~ ~
~ ~e ~ ~n~e~ ~ ~ssor end a ~er ~ any ~ch ~nv~a~ ~ obl~a~on o~ a ~amn~ ~ ~ke ~
B~ H~e ~ such m~y. ~s ~ hereunder Ire ~mul~i~ and ~ a~e~va.
(0 ~l L~r h~u~ ~a~ ha~ ~e ~t mt any time or fim~. ~ ~e
~) ~e ~p~ons ~ f~ h~n ~ for ~en~ence of re~e~ence on~ and s~a~
The Colony Bank ~
of The Col~,
.
(Name) President ( _/ 'City Manager
~t$e) 5200 Paige Road ; ~e) 5576 N. Co.ny Boulev~d
(~d~s 9t Les~oO (Addr~h~f
Colony, ~nton,
~U~ OF ~nton
B~re m~ ~o un~e~ m~, ~ ~[s ~ ~naI~ ap~a~ Jo~ny Sartain
City M~ager .~_~ City of The Colony{ ~ ~ ~ ~ ~ ~
~e forego;n~ in~enL ~ .ckno~ to ~ ~at ~ ex~ the ~me ~r ~e pur~
in ~e ca~c~ ~emm ~at~ a~ ms ~ ~ and d~ ~ ~id ~r~ra~n.
OFven und~ ~ hand I~ s~l ~ ~ ~I~ ~, ,'~/,~ day ~ /~ ///~'~' ~o ~
~E ~ATE OF ) _
~U~ OF ~nton )
~re me, ~e unde~gn~ a~, On ~iS ~ ~nally ip~a~ Mark A. Rush
President ~ The Colony B~'.
~om~ In~m~ and .c~i~ ~ ~ ~at ~ ~ the ~me ~r ~e pu~ a~
~en under ~ hm~ m~ ~ ~ ~ ~1, ~7~ day ~ ~/:6~-'~ ~_
OHNION OF ~UNSEL
__ _ ~e ~nde~lgn~ ~om~ has ~ ~ ~al ~n~l ~ the ~ss~ ~eM~. ~ ~e
~:~:7--.~ ~ ~ ~t~_~.~ ~.~ ~r and ~ ~ ~ter ~ ~ ~ea~ ~ree~ ~:~'
~-~, .~,~emzauon eno ~r mm~ ~ ~ ~u~ble ~m~]e~ aene~] appliCOn lifting
(Name)
F-5OSO (Rev. 5-81) Attorney for Lessee
EXHIBIT A
DESCRIPTION OF PROPERTY
Description:
A.C.A. P-50 Outdoor Early Warning Siren System including all
equipment, installation and warranty.
Motorola Encoder, serial no. E08ENC0036-C MOPEN36
Original Cash Sale Price: $21,303.00
F-.5050-!
EXHIBIT B
THE OOLONY BANK
Date: 03/18/83
Interest Rate: 11.25
First Payment in Advance
PYMT. BALANCE OF
NO. DUE DATE PAYMENT INTEREST PRINCIPAL PRINCIPAL
21,303.00
1 03/18/83 693.45 693.45 20,609.55
2 04/18/83 693.45 193.21 500.24 20,109.31
3 05/18/83 693.45 188.52 504.93 19,604.38
4 06/18/83 693.45 183.79 509.66 19,094.72
5 07/18/83 693.45 179.01 514.44 18,580.28
6 08/18/83 693.45 174.19 519.26 18,061.02
7 09/18/83 693.45 169.32 524.13 17,536.89'
YEAR ENDING 1983 4,854.15 1~088.04 3,766.11
8 10/18/83 693.45 164.41 529.04 17,007.85
9 11/18/83 693.45 159.45 534.00 16,473.85
10 12J18/83 693.45 154.44 539.01 15,934.84
11 01/18/84 693.45 149.39 544.66 15,390.78
12 02/18/84 693.45 144.29 549.16 14,841.62
13 03/18/84 693.45 139.14 554.31 14,287.31
14 04/18/84 693.45 133.94 559.51 13,727.80
15 05/18/84 693.45 128.70 564.75 13,163.05
16 06/18/84 693.45 123.40 570.05 12,593.00
17 07/18/84 693.45 118.06 575.39 12,017.61
18 08/18/84 693.45 112.67 580.78 11,436.83
19 09/18/84 693.45 107.22 586.23 10,850.60'
YEAR ENDING 1984 8,321.40 1,635.11 6,686.29
20 10/18/84 693.45 101.72 591.73 10,258.87
21 11/18/84 693.45 96.18 597.27 9,661.60
22 12/18/84 693.45 90.58 602.87 9,058.73
23 01/18/85 693.45 84.93 608.52 8,450.21
24 02/18/85 693.45 79.22 614.23 7,835.98
25 03/18/85 693.45 73.46 619.99 7,215.99
26 04/18/85 693.45 67.65 625.80 6,590.19
27 05/18/85 693.45 61.78 631.67 5,958.52
28 06/18/85 693.45 55.86 637.59 5,320.93
29 07/18/85 693.45 49.88 643.57 4,677.36
30 08/18/85 693.45 43.85 649.60 4,027.76
31 09/18/85 693.45 37.76 655.69 3,372.07*
YEAR ENDING 1985 8,321.40 842.87 7,478.53
32 10/18/85 693.45 31.61 661.84 2,710.23
33 11/18/85 693.45 25.41 668.04 2,042.19
34 12/18/85 693.45 19.15 674.30 1,367.89
35 01/18/86 693.45 12.82 680.63 687.26
36 02/18/86 693.45 6.19 687.26 -0-
YEAR ENDING 1986 3,467.25 95.18 3,372.07
TOTALS 24,964.20 3,661.20 21,303.00
* Option-to-purchase price after payment of amount otherwise due on date indicated.
CERTIFICATE OF ACCEPTANC~
The Colony Bank
City of The Colony, Texas
March 18, 1983
Daf ed
1. ACCEPTANCE: In accordance with the Agreement, Les-'.ee hereby certifies that ell of the prope~'/dl~'~bed ther~n [1~
been received by L essex. (i~ has been th o~oughly e xlmlned and i~s petted to the complete ~&tisfl~ion o~ L e s.s e~, (iii) his
fou nd by Lessee to be In good ope r&ting order, rap&Ir Ind cond d. lon, (Iv) has be · n fou nd to be of the siz ~, de~ig~, qu&lity. ~ &nd
manufacture spe¢~ed by Lessee. {v) hes bean found to b~ ind Is wholF/ suitable .~or Lessee's Purl~ee, and {vt) ii here~/
ur, condition&fly ~ccepted by Lessee. In the condition reeetve~ for all puq:>cses of the Agreemerfl[.
2. EOUiPMENT:
One (1) A.C.A. P-50 outdoor Early Wa~ninq $±ren $vste~
One (1) Motorola Enco~er, se~ial no. E08gNC0036-C
3. USE: The primary use of the property Il as followl:
PROPERTY LOCATION:
Bridges park, The Colony, Texas
5. PAYMENT~ Invoicing shill be to the following iddre~
5. INSURANCE: Les. see certifies thlt properb/end lilblllty I~surence have been &&cured In accordance with the Agreement
Ind such coverage will be maintained In Nil force for the term O~ the AgreemenL will bi
designated IosI payee until Lessee is notified. In writing, to substitute i new loss payee.
Company Insured, copy of policy endorsement attached
EN~t to self-insure in accordance with Peragrlph 10 of the Lesse-Purch&se Agreement
Z. MAINTENANCE: In acco,dance with $~ctio~ 5 of the Agreement. Lessee agrees to, it Its own expense, service, rep&ir and
maintain the p~operty for the term of the Agreement aa followI:
Maintenance contrac% copy itl&chad
FNK:~ to self-m&i~tail~
ACCEPTED AS OF THIS
18th March 83 ~7~.~nny ~ar rain
thl dl¥ of . 1~ . {name typed or printe~)
City Manager
~-50~? ~.. 1 I-II (title)
The equipment T. esse°?urcbase ~ree~e~t )~ss certain
should ~ revtevet ~ your alent*
~0~ ~ INS~ AgEh~
Yo~ Ins~ed has si~e~ an eq~pment ~ase-P~chase
Agreement with ~e Colony Ba ~hich has t~ following 9to-
visions relating to ins~ace on the property.
~on ~ ~ ~s ~fl s~u~ ~ ~e ~n~l ~e~ ~ ~m any ~her obh~abon u~er ~ ~e~
(a) ~ ~e ~tnt ~ III or ~y ~ of ~ ~H~ ~ ~ ~ltn, de~ or da~g~ ~ond ~palr, ~e shall
repute the ~me ~ llke pro~ In B~ ~? of like ~1~ at L~ss~'s ~le ~t ind.~se ~ ~n ~erea~? as ~.slb~e
any such replacement S~3fl ~me sub~ to ~ ~r~me~ .~ Insu~n~.~ In eff~ w~.~ ~ ~e p~. tnsu~nce
~e~v~ ~ Les~r ~ r~. lo any such ~sua~ shall ~ ~ ~ Le~en if such ~.~ ~ ~lac~ ~ Le~s~ as r~u, ~ hereunder.
~A of ~ ~o~ ~ ~len, de~y~ or dsm~ ~ re. ir, and ~er from ~ ~e a~unt of ~e unpaid pr~nc;p~l
l~nct appi~bte ~ ~ ~ ~len~ de~ ~ da~ag~ ~ond ~r a~ o~ ~e.~ ~e ~ ~ch ~ ~ment was
pu~ua~ ~ Parag~ 3 he~, ~er ~ ~ter~A ~e~ ~ the ~e &~f,~ m ~bK B from ~ ~yment d~e to the date
of ~ch teaming,on, and ~ Jn~nce ~ ~ any. ~ed ~ ~ined. If ~e ~e~ ~ o~ hereunder, ~e
~I ~ion of ~t ~yme~ ~u~r~ ~ ~ ~de ther~a~r ~ ~s~e pu~ua~ ~ ~r~ra~ 1 a~ ~e ~b~uem O~on to Pu~ha~
lues ~ ~ In ~ibA B shall ~ ~uced ~ ~e ~ wh+~h. ~e or,gtnal o~h ~l~ p~ ~ ~e ~ of ~ P~
~o;e~ d~rey~ ~ da~E~ ~nd ~pair ~ ~ ~e a~regata orJg~l ~sh ~ pn~e ~ ~e ~ de~ m ~h~bR ~
10. In~m~ ~ ~a~l e~er ~ ~-Insur~ w~ t~a~ ~ ~o~ ~ ~ll ~ and ma;~3ifl In~3n~
~i~ ~ ~. ~ L~ ei~ to ~ ~If~r~ ~h ~a~ ~ ~is ~me~ ~ ~ ~ ~ ~ ~ ~e prior ~n~nt of
~ ~m~ny intur~ w~ r~a~ to ~e Pro~ I~ ~ ~ ~fl~te of ~ep~nce. Whether )~&H ? ~If*~ur~ o~ ~m~ny
~ ~0~Q, }~6~ Ig~i~ $u~ gsh. l~ S~ I~a a Irl ~oma~ for Im~ ~ ~ ~ I chir~er similar
~ to ~ ~, ~fi~ again~ ~ma~ H~ ~r~e ~ all ~mes ~ Im ~an ~ ~u~ of ~e un~id pdnci~l
~ni~ of ~e pmyme~ r~ulr~ ~ ~ ~de ~nt ~ ~r~ra~ I ~ ~ ~e ~ prying ~ ~te s~f~ ~ ~hibA
on ~i~ s ~ was ~de. If In~mn~ ~li~es ~e p~ ~ ~s~ ~ the ~, mil ~n~ ~l~c~es ~all ~
their ms~ ~ may ap~r. In~n~ ~s ~m ~ ~s .~lll ~ ~able ~le~ to ~ ~r. ~bj~ ~
p~islons of ~ra~ 9. ~ ~alL u~n ~ d~iv~ ~ ~r ~ence of ~e ~u;~ ~e~g~ ~ether wi~ ~emium
~i~ and ~ ~r~ ~al~ ~r~ ~ ~e ~r ~n ~ of ~n~yment ~ ~y wemium due ~nd ten (10) days'
~or to ~n~liati~ or ~Re~n ~f ~ny ~ ~ti~. ~ ~all al~.~r~ and ~uire ~ ~ ~n ~ en~ ~in~ on. In
~}[~ for I~ ~a~ ~ ~ ~ ~e ~uireme~ of ~is ~r~raph, ~s~e ~al) tn~mni~ mhd ~e hl~les~ ~nd, at Les~e's
~um ~ ~ ~. ~1 I~un~ ~ ~ d~ lmm ~ und~ ~S ~reg~ 11 ~mfl ~ c~ w~ lny
BILL OF SALE
For value received in the amount of $ 20,835. O0 , the receipt of which is acknowledged,
Ken' s Colt~munications, Inc, (hereinafter"SELLER")
hereby sells end transfers its right(s), title(s), and interest(s) in the items of Property described below to
The Colony Bank
(hereinafter referral to as =BUYE'R~
NO. OF ITEMS DESCRIPTION MODEL SERIAL NUMBER
One (1) A.C.A. P-50 Outdoor
Early Warning Siren
System
SELLER hereby represents and warrants to BUYER that SELLER is the absolute owner of said Property, that said
Property is free and clear of all liens, charges, end encumbrances and that SELLER has full right, power and authority
to sell said Property, end to execute this Bill of Bale.
0e,ed as o,' , t9
SELLER: / /
(Name)
~ritle)
STATE OF ./~ J~,~..,--~.~ )
Countyof ~T~ )
On
this
notar~ public, personally appeared/~~ ~-/"/~/ ~ ,-~- ~'~/'~ ~.-
, known tO me to be the perso~l/whose ~ame is subscribed to the within instrument and
acknowledged that he executed the same for the purpesea therein contained.
IN WITNESS WHEREOF,, hereunto set my hand.~offic~eaL
My commission expires:
BILL OF SALE
For value received in the amount of $ 468. O0 , the receipt of which is acknowledged,
Motorola (hereinafter "SELLER")
hereby sells and transfers its right(s), title{s), and interest(s) in the items of Property described below to
The Colony Bank
(hereinafter referred to as "E~UYE'R").
NO. OF ITEMS DESCRIPTION MODEL SERIAL NUMBER
One (1) Motorola Encoder MOPEN36 E08ENC0036-C
SELLER hereby represents and warrants to BUYER that SELLER is the absolute owner of said Property, that said
Property is free and clear of ali liens, charges, end encumbrances and that SELLER has full right, power and authority
to sell said Property, and to execute this Bill of Sale.
Dat asof ,,9 ?J
~ - (N~me)
STATE OF ~~ )
_ / ) SS
O nthis ~~~ dayof_~~~ ~ ,beforeme,'theundemigned
nota~ ~ublic, personally appeared ~19
, known to me to be the pemon whose name is subscribed to the within instrument and
acknowledged that he executed the same for the pu~oses therein contained.
IN WITNESS WHEREOF, I hereunto set my hand and~ial
sea~
My~_. ~ ~/~c°mmissi°n expires: ~ No~ Public