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HomeMy WebLinkAbout03356 ORD - 11/28/1952AN ORDINANCE f AUTHORIZING AND DIRECTING THE CITY MANAGER FOR AND ON BEHALF OF THE CITY OF CORPUS CHRISTI TO EXECUTE THREE LEASE PURCHASE AGREEMENTS WITH NEWMAN -WEST MOTORS, ONE COVERING FOUR LIGHT SEDANS FOR USE OF THE POLICE DEPARTMENT, ONE MEDIUM SEDAN FOR USE OF THE FIRE DEPARTMENT, ONE 1/2 TON PICK -UP TRUCK AND ONE 1 -1/2 TON FLAT BED TRUCK WITH SIDEBOARDS FOR USE OF THE GARBAGE DISPOSAL, ONE 1/2 TON PICK -UP TRUCK FOR USE OF GARBAGE COLLECTION; ONE 1/2 TON PICK -UP FOR USE OF THE GARAGE, AND ONE 1 -1/2 TON CAB AND CHASIS FOR USE OF WEED CONTROL FOR CONSIDERATION AS SET OUT IN THE SCHEDULE OF PAYMENTS SEt OUT IN SECTION 1 HEREOF, SAID PAYMENTS TO BE MADE OUT OF NO. 102 CURRENT FUND FROM THE RESPECTIVE DEPARTMENTAL APPROPRIATIONS HERETOFORE SET ASIDE FOR SUCH USE; ONE CONTRACT COVERING THREE 1 -1/2 TON DUMP TRUCKS, TWO 1 -1/2 TON FLAT BED TRUCKS, TWO 3/4 TON PICK -UP TRUCKS,'AND ONE 1/2 TON PICK -UP TRUCKS FOR USE OF THE STREET DEPARTMENT, FOR CONSIDERATION AS SET OUT IN THE SCHEDULE OF PAYMENTS APPEARING IN SECTION 2 HEREOF, SAID PAYMENTS TO BE MADE OUT OF NO. 108 STREET FUND AS HERETOFORE APPROPRIATED FOR SUCH PURPOSE; AND ONE CONTRACT COVERING ONE 1 -1/2 TON PLATFORM TRUCK FOR USE OF THE PARK DEPARTMENT, FOR CONSIDERA- TION AS SET OUT IN THE SCHEDULE OF PAYMENTS APPEARING IN SECTION 3 HEREOF, SAID PAYMENTS TO BE MADE OUT OF NO. 102 CURRENT FUND AS HERETOFORE APPROPRIATED FOR SUCH PURPOSE; ALL IN ACCORDANCE WITH THE TABULATION OF BIDS ON FILE HEREIN AND AS MORE FULLY DESCRIBED AND SET OUT AND IN ACCORDANCE WITH THE TERMS OF SAID AGREEMENTS, COPIES OF WHICH ARE ATTACHED HERETO AND MADE A PART HEREOF; AND DECLARING AN EMERGENCY. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CORPUS CHRISTI, TEXAS: ' SECTION 1. THAT THE CITY MANAGER OF THE CITY OF CORPUS CHRISTI BE, AND HE IS HEREBY, AUTHORIZED AND DIRECTED FOR AND ON BEHALF OF THE CITY TO EXECUTE A LEASE PURCHASE AGREEMENT WITH NEWMAN -WEST MOTORS COVERING FOUR LIGHT SEDANS FOR USE OF THE POLICE DEPARTMENT, ONE MEDIUM SEDAN FOR USE OF THE FIRE DEPARTMENT, ONE 1/2 TON PICK -UP TRUCK AND ONE 1 -1/2 TON FLAT -BED TRUCK WITH SIDEBOARDS FOR USE OF THE GARBAGE DISPOSAL DIVISION, ONE 1/2 TON PICK -UP TRUCK FOR USE OF GARBAGE COLLECTION, ONE 1/2 -TON PICK -UP FOR THE USE OF THE GARAGE, AND ONE 1 -1/2 TON CAB AND CHASIS FOR WEED CONTROL, FOR A TOTAL CONSIDERATION AS SET OUT IN THE SCHEDULE OF PAYMENTS AS FOLLOWS: CASH DOWN - 'NET TO TRADE INTEREST PAYMENT PLUS INTEREST LIST: $21,751.58 LESS TRADE -IN 7,0 8 3.63 $14,667.95 CASH DOWN PAYMENT 4,400.00 $ 616.07 $ 5,016.07 LEASE PURCHASE AGREEMENT $10,^67.95 SAID CONSIDERATION BEING PAYABLE OUT OF NO. 102 CURRENT FUND FROM THE RESPEC- TIVE DEPARTMENTAL APPROPRIATIONS HERETOFORE SET ASIDE FOR SUCH PURPOSE, ALL IN ACCORDANCE WITH THE TABULATION OF BIDS ON FILE HEREIN, AND AS MORE FULLY DESCRIB- ED AND SET OUT AND IN ACCORDANCE WITH THE TERMS OF SAID AGREEMENT, A COPY OF WHICH IS ATTACHED HERETO AND MADE A PART HEREOF, READING AS FOLLOWS: { t STATE OF TEXAS COUNTY,OF NUECES This LEASE AGREEMENT made and entered into between the CITY OF CORPUS CHRISTI9 a municipal corporation of Nueoes County, Texas, hereinafter called the CITY and Newman West Motors , hereinafter called LESSOR, W I T N E S S E T H s I. LESSOR has leased, demised and rented, and by these presents does lease, demise and rent to CITY for the period from the - day of , A.D. 19 , to the day of , A.D. 19 , both date inclusive, the following equipments See attached list for description of units delivered; all prices based on net amount to trade. (See Purchase Order #37208E) It is distinctly and specifically understood that the equipment herein leased and rented by CITY from LESSOR shall be used exclusively in the service of CITY. II. In consideration for the lease and rental of said equipment, CITY promises to pay LESSOR and LESSOR agrees to accept from CITY the following rentals on or be- fore the dates specified belows a Date Amount Down Payment $4,400.00 plus Int. @ 4% on Balance $10,267.95 ($616.07) , 19_2 $_ 5.o16.o7 OR when 0 of above equipment s delivered to CITY 111115153 , 19_ $ 5.733.98 ].1./15/54 s 19_ 0 5,133.97 It is agreed by LESSOR and CITY that such rentals shall be paid from the current revenues of CITY for the years in which such payments fall due. DFSMU37ION SHEff OTI One Medium 4 -door Sedan, Commander State Land Cruiser, 1194 Wbeelbasej W HP engines Displacement 232.6 cu. W; Tires and spars, 7s1Ox7S 4 -p2y/ HD AC Generators Dual Electric wiper®, Dual visors Shooks; Color - Fire Dept. Red; Undercoat. One +Ton Pickup Truck, Studebaker R51 11211 Wheelbassj 85 HP engines Dis- Moment 169.6 cu. in.j 3 speed Transmission$ Tires, 6s50x16 6-p3yj 40A Generators Front and roar Shocks Dual vacua viperaj Dual visors Undercoat. , One j Ton Pickup Truck, Studebaker R5; 11211 Wheelbase, 85 HP engines Dis- p77;oement 169.6 cu. in.; 3 speed Transmissions Tires & spare 6s5Ox16 6-p2yj 40A Generator; Shookej 2 Stage Springs; Dual Vacua wiperas Dual visors Undercoat. One l;j Ton Truck with Stake body; Studebaker 2HI6A55s 202 HP engines Displ- aaement 245.6 cu. i.n.; 4 speed Transmissions Tires, front - 7s50x20 8 ply, Dual Rear & Spare - W x20 l0 -p3YS 45A DC Generators Front abboks; over- load springs; Dual vacua wipers$ Dual visors Undercoat. One i Ton Pickup Truck, Studebaker R51 13211 Whealbasej 85 HP anginal Dis- p7aosmant 169.6 cu. in,j 3 speed Transmissionj 6,50x16 6-ply tires; 40A DC Generators Shooks; 2 Stage springs; Dual Vacua wiparaj Dual visors Undercoat. One 1} Ton Cab & Chassisj SooAsbaker 2R16A55j 3,554 Whselbassj 102 HP enginej Displacement 245•.6 ou. in.; 4 speed Transmissions Tires, front - 7s5Ox20 8-ply, Dual Rear and Spare - 760x20 10 -ply$ 45A 0enerators Over- load Springej Dual vaoum wiperes Dual Visor; Ondercoat. Four Light 4 -door Sedan; Studebaker Commander; 115" Wheelbase; 120 HP engines Displacement 232.6 cu. in.; Tires & opera - 71110x15 4 -ply; HID AC Generators Shocks - front and rears Dual electric wipers; Dual Visors Undercoat. Ootober 30, 1952 ;14,667.95 ND MAN*WEST M( CRS DEPT. TO USE TYPE LIST TRADE -IN NET 2. -mire Mad. Sedan $2,653.82 01217- $1,184.55 $1,469.27 Garb. Diep, T� P.U. $1,795.48 # 523 -$ 565.48 $1,230.00 3 4� oarbS Co11. Ton P.U. Ols795.48 # 565-8 550.00 $1,245.48 5. Garage T( P.U. $1,795.48 #1300-S 550.48 31,245.00 Weed -Cont. 1 Ton �&ch. $2,3A0.00 # 914 -$ 450.00 $1,650.00 Garb. Diep. 1 T. F.13 /Sa $2,195.00 # 514 -$ 322.72 $1,872.28 7. 8.• Police _ Lt. Sedan $2,354.08 # 51 -$ 877.60 $1,476.48 Police Lt. Sedan $2,354.08 # 52 -$ 877.60 $1,476.48 9. police- Lt. Sedan $2,354.08 # 50 -$ 752.60 $1,601.48 10. Police- Lt. sedan $2,354.08 # .68 -$ 952.60 $4401.48 al�'1S7.si3 `63'63 ITEM SERTAL NO. HmCR NO. 1. 8278058 V- 393996 2. R5 -99202 1R -UU62 3. R5 -99203 IR ]34263 4. R5 -99201 1R- 134261 50 R16A -35562 4R -40324 6. R16A -40628 4R-51801 7. 8277494 V- 193505 8. 8277352 V- 193408 9. 8277524 V- 193666 10. 8277410 V- 193570 ;14,667.95 III. It is recognized that some of the equipment will be delivered by LESSOR to CITY upon the effective date of this lease, while some of the equip- ment may not be delivered on such date, but LESSOR agrees and binds itself that as to that portion of the equipment not immediately delivered to CITY that it will forthwith order such equipment from the manufacturer and that such will be sent to LESSOR earmarked for the CITY OF CORPUS CHRISTI and delivery will be made immediately to CITY upon receipt thereof; in this connection, it is esti- mated that total delivery hereunder can be effected within 30 days after the execution of this agreement. With reference to the above equipment that is delivered upon the effective date of this agreement, the CITY accepts such equipment in the condi- tion in which it is now in, and LESSOR shall not be obligated or required to make any improvements, replacements or repairs of any kind or character upon or to said equipment or any of it during the term of this lease. With reference to the equipment which will be delivered after the effective date of this agreement, it is agreed by and between the parties here- to that the CITY will have a reasonable time after the delivery of such equip- ment to determine whether to accept or reject same. LESSOR shall not be obli- gated to incur or pay any expense of any kind or character during the entire term of this lease by reason of or in connection with the purpose for which said equipment was designed. CITY agrees (1) to take the same care of said equipment as a reasonably careful person would take care of his own property, and (2) to keep said equipment in good repair and condition during the entire term of this lease, subject only to normal wear and tear, by reason of its use by CITY for the purpose for which said equipment was designed. CITY further agrees (3) that if any of said equipment is lost, taken or destroyed by fire, theft, windstorm, public disaster, act of God, or any casualty or cause whatsoever, there shall be no abate- ment of the rent provided for herein and (4) that CITY shall promptly and at its expense replace any of said equipment which is so taken, lost or destroyed, and (5) if a registration of license.fee is required by the State of Texas then the CITY shall be liable for the payment of such fee and in the event such a registra- tion or license fee is paid by the LESSOR; then the CITY shall reimburse the LESSOR for any and all amounts paid as such license or registration fee by the LESSCR, and (6) at the time the CITY exercises its option to purchase, as provided for herein, - 2 - CITY agrees and obligates itself to execute all necessary and proper exemption certificates on all Federal excise taxes paid by LESSOR and if within 90 days after the purchase by the CITY of the equipment herein leased and rented by CITY from LESSOR, LESSOR has not been refunded by the Federal government said Federal excise taxes, CITY binds and obligateq itself to pay to LESSOR the full amount of said Federal excise taxes, provided, however, that if after CITY has paid to the LESSOR the'amqunt of said excise taxes, such taxes be refunded to LESSOR, then LESSOR binds and obligates itself to pay to CITY the amount of said Federal excise taxes so refunded by the Federal government to LESSOR and thereto- fore paid by the CITY to LESSOR, CITY (7) still further agrees to indemnify hold and save LESSOR harmless from any civil or criminal suit or liability whatsoever, arising out of or in connection with the use or possession of said equipment by CITY under this lease and for the entire term thereof. IV. CITY shall have the right and option to purchase said equipment from LESSOR upon or before the expiration date of this lease, if CITY is not in default in any of its obligations under this lease., This option may be exercised by CITYtS giving notice in writing to LESSOR not less than thirty (30) days prior to said date of its intention to exercise said option, and by its payment to LESSOR in cash of the sum of $ 5,733.97 on or before the expiration date of this lease. There shall be deducted, however, from such purchase price the total amount of all rentals paid by CITY to LESSOR for the rent of said equipment as provided herein. The option payment for the purchase of and acquisition of title to said equipment as so computed is $ 15,284.02 and the total consideration df the rental and subsequent purchase by option of said equipment is the principal sum of $ 14,667.95 , plus interest on the deferred payments subsequent to the date of this instrument at the rate of 4 percent per annum from that date until paid. Upon exercise of the option and payment of the purchase price upon the terms and within the time aforesaid, LESSOR agrees promptly to execute and deliver to CITY such instruments or evidences of title to said equipment as may be necessary or proper to vest good title thereto in CITY. V. Default on the part of CITY in paying said rent or any installment thereof, as hereinabove provided, or default on CITY'S part in keeping or performing any of the terms, covenants, agreements or conditions contained in this lease shall authorize -3- LESSOR, at its option and at any time after such default, and after thirty (30) days' written notice to CITY, to declare this lease terminated and to repossess said leased equipment with`or without legal process, and without prejudice to any of its other legal rights, and any rentals provided for hereunder and unpaid at the time of such default shall become, at LESSOR'S option, immediately due and payable and shall bear interest from such date until paid at the rate of 4 percent per annum. In case CITY makes default in the performance of any of the terms, covenants, agreements or conditions contained in this lease, and LESSOR places the enforcement of this lease, or any part thereof, or the collection of any rent due or to become due hereunder or the recovery of possession of said equipment.or any of it in the hands of an attorney, or files suit upon same, CITY agrees to pay LESSOR, in addition to the rental payments provided for here- in, a reasonable attorney's fee. PS. It is understood and agreed by and between the parties hereto as followst 1. All payments of rentals, or any other payments hereunder shall be made by CITY to the account of LESSOR, or its order, in Bank, Corpus Christi, Texas. 2., This lease cannot be changed, varied or extended except by instru- ment in writing signed by LESSOR and CITY, and failure to exercise the option of forfeiting this lease in case of default on the part of CITY shall not waive the right of forfeiture, and any right accruing to LESSOR under this lease to forfeit same shall not be waived or defaulted except by written waiver of LESSOR, and acaQp- tance of rent shall not be construed as such waiver. 3. A holding over after the termination of this lease shall not renew or extend the same, but shall constitute CITY a tenant or possessor of said equip- ment at sufferance. PSI. LESSOR covenants and agrees (1) that CITY, on paying the said rent and performing the said covenants contained herein in the manner and within the times herein provided, shall and may peaceable and quietly have, hold and enjoy possession and sae of said leased equipment for the term aforesaid, and (2) that it will defend CITY in peaceable possession of said leased equipment for the full term of this lease; CITY covenants and agrees not to suffer, commit or permit any waste of or. damage to the leased equipment or any of it during the entire term of this lease. -4- Y s The apparatus delivered to the CITY by LESSOR is warranted and guaranteed and represented to be in fit, sound and workmanlike condition and to conform in all respects to the manufacturerts guarantee given to LESSOR. VIII. It is understood and agreed by and between the parties hereto that in the event the CITY at any time should exercise its option to purchase the equipment specified herein, the CITY shall have no right to purchase only a part of said equipment but the CITY shall be required and obligated to exercise its option rights provided in this agreement on the whole of said equipment. IX. In this agreement where Vit" is used, 'theft shall apply in the proper instance. IN TESTIMONY WHEREOF, the CITY OF CORPUS CHRISTI has caused this lease agreement to be signed by its City Manager, countersigned by its City Controller and attested by its City Secretary, with its corporate seal affixed thereto, pur- suant to the terms of an ordinance passed by the City Council, and LESSOR has caused this agreement to be executed this day of , A -.D. 19_ CITY OF CORPUS CHRISTI, TEXAS - a Attests By i y Manager City Secretary Approveds Assistant City Attorney Countersigneess City Controller LESSOR a- SECTION 2. THAT THE CITY MANAGER BE, AND HE IS HEREBY,AUTHORIZED AND DIRECTED FOR AND ON BEHALF OF THE CITY OF CORPUS CHRISTI TO EXECUTE A LEASE PURCHASE AGREEMENT WITH NEWMAN -WEST MOTORS COVERING THREE 1 -1/2 TON DUMP TRUCKS, TWO 1 -1/2 TON FLAT -BED TRUCKS, TWO 3/4 TON PICK -UP TRUCKS, AND ONE 1/2 TON PICK -UP TRUCKS FOR USE OF THE STREET DEPARTMENT, FOR CONSIDERA- TION AS SET OUT IN THE SCHEDULE OF PAYMENTS AS FOLLOWS: TOTAL DOWN - NET TO TRADE INTEREST PAYMENT PLUS INTEREST , LIST: $17,3$7.04 LESS TRADE -IN 3,542.48 $13,844.56 LESS CASH DOWN 4,500.00 $56o.67 $5,o6o.67 AMOUNT OF LEASE PURCHASE AGREEMENT $ 9,344-56 SAID CONSIDERATION BEING PAYABLE OUT OF NO. 108 STREET FUND AS HERETOFORE APPROPRIATED FOR SUCH PURPOSES, ALL IN ACCORDANCE WITH THE TABULATION OF BIDS ON FILE HEREIN, AND AS MORE FULLY DESCRIBED AND SET OUT AND IN ACCORDANCE WITH THE TERMS OF SAID AGREEMENT, A COPY OF WHICH 15 ATTACHED HERETO AND MADE A PART HEREOF, READING AS FOLLOWS: STATE OF TEXAS COUNTY OF NUECES This LEASE ,AGREEMENT made and entered into between the CITY OF CORPUS CHRISTI, a municipal corporation of Nueces County, Texas, hereinafter called the CITY and hereinafter called LESSOR, W I T N E S S E T H: I. LESSOR has leased, demised and rented, and by these presents does lease, demise and rent to CITY for the period from the _ day of , A.D. 19,_, to the day of , A.D. 19_, both date inclusive, the following equipments 3M azt ohad 2b& ublab in wary a pare A esrof for dwasr'Sptiaa at alto daltvard; all. View and we wt to trade. (8N ~ OMM) It is distinctly and specifically understood that the equipment herein leased and rented by CITY from LESSOR shall be used exclusively in the service of CITY. " II. In consideration for the lease and rental of said equipment, CITY promises to pay LESSOR and LESSOR agrees to accept from CITY the following rentals on or be- fore the dates specified below: Date Amount Dora Paywaat ea+500.00 pine Tat. 0 4% 9 19�, 5-0 �.. en o ve eq Amen 1s delivered to CITY 12/25 r 19ya $ 6M.28 192L 4.572.28 It is agreed by LESSOR and CITY that such rentals shall be paid from the current revenues of CITY,for the years in which such payments fall due. DwcRnFTIOY SHEET NS M -MMST MOTORS Three 1j Ton Dump Trucks, Studebaker 2R16A55, 755" Wheelbase, 102 HP engine; its placement 245.6 cu. in.; 4 speed Tranudosion; Tires, front - ?s5Os20 8-ply, Dual rear and spare - 7s50a20 10 -p;,y; 45A Generator; Front shocks; Overload springs; Dual vacua wipers; Dual visor®; Galion steel hydraulic control Dump body - 3-4 cu. yd.; Undercoat. Two 1} Ton Flat Bed trucks, Mechanical speciiioatione as above except Body, 'FTattorm Body, Undercoat. Two 3/4 Ton Pickup Trucks, Studebaker R10, 122" Wheelbase; Displacement 169.6 cu. in; 4 speed Transmdesion; Tires and spare 6:50x16 6-p3v; 40A Generator(DO); Shooks; 2 Stage Springs; Dual vacum wipara; Dual visor; Undercoat. One i Ton Pickup Trucks Studebaker R5, 7.1211 Wheelbase, 85 HP engine; Displace- ment 269.6 cu. in.; 3 speed Traamdasion; Tires 6:50x16,6 -ply; 40A Generator; Shocks; Dual vaoum wipers; Dual visor; Undercoat. ITEM sEP= NO. MOTOR NO. 1. October 10, 1952 Na*%N -yEsr MOTORS 2. RIG -35051 2R- 334313 DM. TO R10 -35052 1R- 734315 4. R16A-40651 US8 TYPE LIST TRADE -IN NEC R16A -40639 4R -51720 Mks ���az 4R -53822 1• Street } Ton P.U. 51,795.48 #490 - 8550.48 342U.00 2• Street 3/4 Ton 87.,945.78 ,#423 - $620.78 $10325.00 3• Street 4+ 3 Tau $1,945.78 #481- $620.78 $19325.00 Street 5. 1 Ton F.B. $2,100.00 8437- 5272.72 $1,627.28 Street 6: 1 Ton F.B. $2,700.00 #479 - $222.72 $10877.28 Street 1 Ton Duap $2,500.00 x'435- $345.00 $2,155.00 7' street 8• 1 Ton Duap $2,5.00 #449- 8435.00 $2,065.00 street 1 Ton DuV $2,500.00 #454- $475.00 $2,025.00 AN ITEM sEP= NO. MOTOR NO. 1. R5 -98014 7R- 3,32930 2. RIG -35051 2R- 334313 3. R10 -35052 1R- 734315 4. R16A-40651 663 5. R16s -40663 4R -5 6. R16A -40639 4R -51720 T. R16A -40640 4R -53822 8. RIU-40650 4R -51840 54;844.56 i III. It is recognized that some of the equipment will be delivered by LESSOR to CITY upon the effective date of this lease, while some of the equip- ment may not be delivered on such date, but LESSOR agrees and binds itself that as to that portion of the equipment not immediately delivered to CITY that it will forthwith order such equipment from the manufacturer and that such will be sent to LESSOR earmarked for the CITY OF CORPUS CHRISTI and delivery will be made immediately to CITY upon receipt thereof; in this connection, it is esti- mated that total delivery hereunder can be effected within 30 days after the execution of this agreement. With reference to the above equipment that is delivered upon the effective date of this agreement, the CITY accepts such equipment in the condi- tion in which it is now in, and LESSOR shall not be obligated or required to make any improvements, replacements or repairs of any kind or character upon or to said equipment or any of it during the term of this lease. With reference to the equipment which will be delivered after the effective date of this agreement, it is agreed by and between the parties here- to that the CITY will have a reasonable time after the delivery of such equip- ment to determine whether to accept or reject same. LESSOR shall not be obli- gated to incur or pay any expense of any kind or character during the entire term of this lease by reason of or in connection with the purpose for which said equipment was designed. CITY agrees (1) to take the same care of said equipment as a reasonably careful person would take care of his own property, and (2) to keep said equipment in good repair and condition during the entire term of this lease, subject only to normal wear and tear, by reason of its use by CITY for the purpose for which said equipment was designed. CITY further agrees (3) that if any of said equipment is lost, taken or destroyed by fire, theft, windstorm, public disaster, act of God, or any casualty or cause whatsoever, there shall be no abate- ment of the rent provided for herein and (4) that CITY shall promptly and at its expense replace any of said equipment which is so taken, lost or destroyed, and (5) if a registration of license fee is required by the State of Texas then the CITY anall be liable for the payment of such fee and in the event such a registra- tion or license fee is paid by the LESSOR, then the CITY shall reimburse the LESSOR for any and all amounts paid as such license or registration fee by the LESSOR, and (6) at the time the CITY exercises its option to purchase, as provided for herein, - 2 - CITY agrees and obligates itself to execute all necessary and proper exemption certificates on all Federal excise taxes paid by LESSOR and if within 90 days after the purchase by the CITY of the equipment herein leased and rented by CITY from LESSOR. LESSOR has not been refunded by the Federal government said Federal excise taxes, CITY binds and obligates itself to pay to LESSOR the full amount of said Federal excise taxes, provided., however, that if after CITY has paid to the LESSOR the amount of said excise taxes, such taxes be refunded to LESSOR, then LESSOR binds and obligates itself to pay to CITY the amount of said Federal excise takes so refunded by the Federal government to LESSOR and thereto- fore paid by the CITY to LESSOR, CITY (7) still further agrees to indemnify, hold and save LESSOR harmless from any civil or criminal suit or liability whatsoever, arising out of or in connection with the use or possession of said equipment by CITY under this lease and for the entire term thereof. IV. CITY shall have the right and option to purchase said equipment from LESSOR upon or before the expiration date of this lease, if CITY is not in default in any of its obligations under this lease. This option may be exercised by CITY'S giving notice in writing to LESSOR not less than thirty (30) days prior to said date of its intention to exercise said option, and by its payment to LESSOR in cash of the sum of $_L=b72.� on or before the expiration date of this lease. There shall be deducted, however, from such purchase price the total amount of all rentals paid by CITY to LESSOR for the rent of said equipment as provided herein. The, option payment for the purchase of and acquisition of title to said equipment as so computed is $�j(,� and the total consideration of the rental and subsequent purchase by option of said equipment is the principal sum of $ 19-844 -56 , plus interest on the deferred payments subsequent to the date of this instrument at the rate of #y percent per annum from that date until paid. Upon exercise of the option and payment of the purchase price upon the terms and within the time aforesaid, LESSOR agrees promptly to execute and deliver to CITY such instruments or evidences of title to said equipment as may be necessary or proper to vest good title thereto in CITY. V. Default on the part of CITY in paying said rent or any installment thereof, as hereinabove provided, or default on CITY'S part in keeping or performing any of the terms, covenants, agreements or conditions contained in this lease shall authorize - 3 - LESSOR, at its option and at any time after such default, and after thirty (30) days' written notice to CITY, to declare this lease terminated and to repossess said leased equipment with or without legal process, and without prejudice to any of its other legal rights, and any rentals provided for hereunder.and unpaid at the time of such default shall become, at LESSORIS option, immediately due and payable and shall bear interest from such date until paid at the rate of is percent per annum. In case CITY makes default in the performance of any of the terms, covenants, agreements or conditions contained in this lease, and LESSOR places the enforcement of this lease, or any part thereof, or the collection of any rent due or to become due hereunder or the recovery of possession of said equipment or any of it in the hands of an attorney, or files suit upon same, CITY agrees to pay LESSOR, in addition to the rental payments provided for here- in, a reasonable attorney's fee, VI. It is understood and agreed by and between the parties hereto as follower 1. All payments of rentals, or any other payments hereunder shall be made by CITY to the account of LESSOR, or its order, in Hank, Corpus Christi, Texas, 2., This lease cannot be changed, varied or extended except by instru- ment in writing signed by LESSOR and CITY, and failure to exercise the option of forfeiting this lease in case of default on the part of CITY shall not waive the right of forfeiture, and any right accruing to LESSOR under this lease to forfeit same shall not be waived or defaulted except by written waiver of LESSOR, and accep- tance of rent shall not be construed as such waiver. 3. A holding over after the termination of this lease shall not renew or extend the same, but shall constitute CITY a tenant or possessor of said equip- ment at sufferance, VII. LESSOR covenants and agrees (1) that CITY, on paying the said rent and performing the said covenants contained herein in the manner and within the times herein provided, shall and may peaceable and quietly have, hold and enjoy possession andae- of said leased equipment for the term aforesaid, and (2) that it will defend CITY in peaceable possession of said leased equipment for the full term of this lease,, CITY covenants and agrees not to suffer, commit or permit any waste of or damage to the leased equipment or any of .it during the entire term of this lease, -4- The apparatus delivered to the CITY by LESSOR is warranted and guaranteed and represented to be in fit, sound and workmanlike condition and to conform in all respects to the manufacturer's guarantee given to LESSOR. VIII. It is understood and agreed by and between the parties hereto that in the event the CITY at any time should exercise its option to purchase the equipment specified herein, the CITY shall have no right to purchase only a part of said equipment but the CITY shall be required and obligated to exercise its option rights provided in this agreement on the whole of said equipment. s IX. In this agreement where nit'l is used, 'thee shall apply in the proper instance. IN TESTIMONY WHEREOF, the CITY OF CORPUS CHRISTI has caused this lease agreement to be signed by its City Manager, countersigned by its City Controller and attested by its City Secretary, with its corporate seal affixed thereto, pur- suant to the terms of an ordinance passed by the City Council, and LESSOR has caused this agreement to be executed this day of , A0. 19 Attests City Secretary Approveds Assistant City Attorney CITY OF CORPUS CHRISTI, TEXAS By City Manager Countersigneess City Controller LESSOR r SECTION 3. THAT THE CITY MANAGER BE, AND HE IS HEREBY, AUTHORIZED AND DIRECTED FOR AND ON BEHALF OF THE CITY OF CORPUS CHRISTI, TO EXECUTE A LEASE PURCHASE AGREEMENT WITH NEWMAN -WEST MOTORS COVERING ONE 1 1/2 TON STUDEBAKER PLATFORM TRUCK FOR USE OF THE PARK DEPARTMENT, FOR CONSIDERATION AS SET OUT IN THE SCHEDULE OF PAYMENTS AS FOLLOWS: NET TO TRADE INTEREST TOTAL DOWN PAYMENT PLUS INTEREST LIST: s-1,980-00 LESS CASH DOWN PAYMENT 600.00 $ 82.80 $682.80 LEASE PURCHASE CONTRACT $1,390 SAID CONSIDERATION BEING PAYABLE OUT OF N0. 102 CURRENT FUND AS HERETOFORE APPROPRIATED FOR SUCH PURPOSES, ALL IN ACCORDANCE WITH THE TABULATION OF BIDS ON FILE HEREIN, AND AS MORE FULLY DESCRIBED AND SET OUT AND IN ACCORDANCE'WITH THE TERMS OF SAID AGREEMENT, A COPY OF WHICH IS ATTACHED HERETO AND MADE A PART HEREOF, READING AS FOLLOWS: ' STATE OF TEXAS COUNTY OF NUECES This LEASE AGREEMENT made and entered into between the CITY OF CORPUS CHRISTI, a municipal corporation of Nueces County, Texas, hereinafter called the CITY and Newman -Jest Motors , hereinafter called LESSOR, W I T N E S S E T H s I. LESSOR has leased, demised and rented, and by these presents does lease, demise and rent to CITY for the period from the day of , A.D. 19, , to the day of , A.D. 19 , both date inclusive, the following equipments One(only) 12 Ton Studebaker platform truck with stake pockets, 155" Wheelbase, 102 HP, Displacement 245.6 ou in., tires 7s5Ox20 8 -ply front, daal rear & spare, 45 Amp. Generator, overload springs, front shocks, dual visors, undercoated. Motor No. 4R- 51862, Serial No. R16A- 40662. (See Purchase Order #37211E) It is distinctly and specifically understood that the equipment herein - leased and rented by CITY from LESSOR shall be used exclusively -in the "service of CITY. II. In consideration for the lease and rental of said equipment, CITY promises to pay LESSOR and LESSOR agrees to accept from CITY the following rentals on or be- fore the dates specified below: Date Amount Down Payment x$600.00, plus interest @4 � on Balance - x$1,380.00 , 192 682.80 w en 0 o a ove equipment is ' delivered to CITY ll 115 . 19 53 S6 690.00 11115 , 1954 690.00 It is agreed by LESSOR and CITY that such rentr-ls shall be paid from the current revenues of CITY for the years in which such payments fall due. - 4 III. It is recogniz6d that some of the equipment will be delivered by LESSOR to CITY upon the effective date of this lease, while some of the equip- ment may not be delivered on such date, but LESSOR agrees and binds itself that as to that portion of the equipment not immediately delivered to CITY that it will forthwith order such equipment from the manufacturer and that such will be sent to.LESSOR earmarked for the CITY OF CORPUS CHRISTI and delivery will be made immediately to CITY upon receipt thereof; in this connection, it is esti- mated that total delivery hereunder can be effected within -0 - days after the execution of this agreement. With reference to the above equipment that is delivered upon the effective date of this agreement, the CITY accepts such equipment in the condi- tion in which it is now in, and LESSOR shall not be obligated or required to make any improvements, replacements or repairs of any kind or character upon or to said equipment or any of it during the term of this lease. With reference to the equipment which will be delivered after the effective date of this agreement, it is agreed by and between the parties here- to that the CITY will have a reasonable time after the delivery of such equip- ment to determine whether to accept or reject same. LESSOR shall not be obli- gated to incur or pay any expense of any kind or character during the entire term of this lease by reason of or in connection with the purpose for which said equipment was designed. CITY agrees (1) to take the same care of said equipment as a reasonably careful person would take care of his own property, and (2) to keep said equipment in good repair and condition during the entire term of this lease, subject only to normal wear and tear, by reason of its use by CITY for the purpose for which said equipment was designed. CITY further agrees (3) that if any of said equipment is lost, taken or destroyed;by fire, theft, windstorm, public disaster, act of God, or any casualty or cause whatsoever, there shall be no abate- ment of the rent provided for herein and (4) that CITY shall promptly and at its expense replace any of said equipment which is so taken, lost or destroyed, and (5) if a registration of license fee is required by the State of Texas then the CITY shall be liable for the payment of such fee and in the event such a registra- tion or license fee is paid by the LESSOR, then the CITY shall reimburse the LESSOR for any and all amounts paid as such license or registration fee by the LESSOR, and (6) at the time the CITY exercises its option to purchase, as provided for herein, 2 - CITY agrees and obligates itself to execute all necessary and proper exemption certificates on all Federal excise taxes paid by LESSOR and if within 90 days after the purchase by the CITY of the equipment herein leased and rented by CITY from LESSOR, LESSOR has not been refunded by the Federal government said Federal excise taxes, CITY binds and obligates itself to pay to LESSOR the full amount of said Federal excise taxes; provided, however, that if after CITY has paid to the LESSOR the amount of said excise taxes, such taxes be refunded to LESSOR, then LESSOR binds and obligates itself to pay to CITY the amount of said Federal excise taxes so refunded by the Federal government to LESSOR and thereto- fore paid by the CITY to LESSOR, CITY (7) still further agrees to indemnify, hold and save LESSOR harmless from any civil or criminal suit or liability whatsoever, arising out of or in connection with the use or possession of said equipment by CITY under this lease and for the entire term thereof. IV. CITY shall have the right and option to purchase said equipment from LESSOR upon or before the expiration date of this lease, if CITY is not in default in any of its obligations under this lease. This option may be exercised by CITY'S giving notice in writing to LESSOR not less than thirty (30) days prior to said date of its intention to exercise said option, and by its payment to LESSOR in cash of the sum of 690.00 on or before the expiration date of this lease. There shall be deducted, however, from such purchase price the total amount of all rentals paid by CITY to LESSOR for the rent of said equipment as provided herein. The option payment for the purchase of and acquisition of title to said equipment as so computed is $ 2,062.80 and the total consideration of the rental and subsequent purchase by option of said equipment is the principal sum of $ 1,980,00 , plus interest on the deferred payments subsequent to the date of this instrument at the rate of 4 percent per annum from that date until paid. Upon exercise of the option and payment of the purchase price upon the terms and within the time aforesaid, LESSOR agrees promptly to execute and deliver to CITY such instruments or evidences of title to said equipment as may be necessary or proper to vest good title thereto in CITY. V. Default on the part of CITY in paying said rent or any installment thereof, as hereinabove provided, or default on CITY'S part in keeping or performing any of the terms, covenants, agreements or conditions contained in this lease shall authorize -3- LESSOR, at its option and at any time after such default, and after thirty (30) dayst written notice to CITY, to declare this lease terminated and to repossess said leased equipment with or without legal process, and without prejudice to any of its other legal rights, and any rentals provided for hereunder and unpaid ti at the time of such default shall become, at LESSOR'S option, immediately due and payable and shall bear interest from such date until paid at the rate of 4 percent per annum. In case CITY makes default in the performance of any of the terms, covenants, agreements or conditions contained in this lease, and LESSOR places the enforcement of this lease, or any part theteof, or the collection of any rent due or to become due hereunder or the recovery of possession of said equipment or any of it in the hands of an attorney, or files suit upon same, CITY agrees to pay LESSOR, in addition to the rental payments provided for here -_ in, a reasonable attorney's fee. VI. It is understood and agreed by and between the parties hereto as followsz 1. All payments of rentals, or any other payments hereunder shall be made by CITY to the account of LESSOR, or its order, in Bank, Corpus Christi, Texas. 2., This lease cannot be changed, varied or extended except by instru- ment in writing signed by LESSOR and CITY, and failure to exercise the option of forfeiting this lease in case of default on the part of CITY shall not waive the right of forfeiture, and any right accruing to LESSOR under this lease to forfeit same shall not be waived or defaulted except by written waiver of LESSOR, and accep- tance of rent shall not be construed as such waiver. 3.. A holding over after the termination of this lease shall not renew or extend the same, but shall constitute CITY a tenant or possessor of said equip- ment at sufferance. VII. LESSOR covenants and agrees (1) that CITY, on paying the said rent and performing the said covenants contained herein in the manner and within the times herein provided, shall and may peaceable and quietly have, hold and enjoy possession and; e of said leased equipment for the term aforesaid, and (2) that it will defend CITY in peaceable possession of said leased equipment for the full term of this lease; CITY covenants and agrees not to suffer, commit or permit any waste of or damage to the leased equipment or any of it during the entire term of this lease, _4_ The apparatus delivered to the CITY by LESSOR is warranted and guaranteed and represented to be in fit, sound and workmanlike condition and to conform in all respects to the manufacturerts guarantee given to LESSOR. VIII. It is understood and agreed by and between the parties hereto that in the event the CITY at any time should exercise its option to purchase the equipment specified herein, the CITY shall have no right to purchase only a part of said equipment but the CITY shall be required and obligated to exercise its option rights provided in this agreement on the whole of said equipment. IS. In this agreement where #it" is used, 11he" shall apply in the proper instance. IN TESTIMONY WHEREOF, the CITY OF CORPUS CHRISTI has caused this lease agreement to be signed by its City Manager, countersigned by its City Controller and attested by its City Secretary, with its corporate seal affixed thereto, pur- suant to the terms of an ordinance passed by the City Council, and LESSOR has caused this agreement to be executed this day of , A•.D. 19 CITY OF CORPUS CHRISTI, TEXAS Attests By City Manager City Secretary Countersi.gneess City Controller LESSOR Approveds Assistant City Attorney SECTION 4. THAT THE .NECESSI TY FOR PROVIDING THE ABOVE PIECES OF EQUIPMENT FOR USE OF THE VARIOUS CITY DEPARTMENTS IMMEDIATELY CREATES A PUBLIC EMERGENCY AND AN IMPERATIVE PUBLIC NECESSITY REQUIRING THE SUSPEN- SION OF THE CHARTER RULE THAT NO ORDINANCE OR RESOLUTION SHALL BE PASSED FINALLY ON THE DATE IT IS INTRODUCED, AND THAT SUCH ORDINANCE OR RE$OLU- TION SHALL BE READ AT THREE SEVERAL MEETINGS OF THE CITY COUNCIL, AND THE MAYOR, HAVING DECLARED SUCH EMERGENCY AND NECESSITY TO EXIST, HAVING RE- QUESTED THE SUSPENSION OF SAID CHARTER RULE AND THAT THIS ORDINANCE BE PASS- ED FINALLY ON THE DATE OF ITS INTRODUCTIONS AND TAKE EFFECT AND BE IN FULL ` FORCE AND EFFECT FROM A,NTDD AFTER ITS PASSAGES IT IS ACCORDINGLY PASSED AND APPROVED, THIS THEDAY OF NOVEMBER, A.D. 1952• MAYOR CITY OF CORPUS CHRISTI EST: ITY S I TA APPROVED AS TO LEGAL FORM: A22Z CITY A TO NE r Corpus Christi, Texas � 19-! TO TGE MEMBERS OF THE CITY COUNCIL Corpus Christi, Texas Gentlemen: For the reasons set forth in the emergency clause of the foregoing ordinance, a public emergency and imperative necessity exist for the suspen- sion of the Charter rule or requirement that no ordinance or resolution shall be passed finally on the date it is introduced, and that such ordinance or resolution shall be read at three meetings of the City Council; I, therefore, hereby request that you suspend said Charter rule or requirement and pass this ordinance finally on the date it is introduced, or at the present meeting of the City Council, The above ordinance was passed by the following vote: Leslie Wasserman I —Ren1{ r- JAI, IImxsny _Cl-ACFS_ � fln.l George L. Lowman y i Respectfully, MAYOR City of Corpus Christi, Texas The Charter rule was suspended by the following vote: Leslie Wasserman l "George L. Lowman 1%J,Ka iq. S. Willi The above ordinance was passed by the following vote: Leslie Wasserman I —Ren1{ r- JAI, IImxsny _Cl-ACFS_ � fln.l George L. Lowman y i