HomeMy WebLinkAboutC2014-331 - 9/30/2014 - Approved ptember 10,2014
Corpus Christi
P.O.Box 9277
Corpus Christi,TX 78469
RE: End of lease options for Schedule Nos.1 and 2 to Appendix D to DIR Contract No. DIR-SDD-1032 between Austin
Ribbon&Computer Supplies,Inc as Lessor and the City of Corpus Christi as Lessee,as assigned to ePlus Group,inc.as
Assignee.
Pursuant to your company's desire to investigate their end of term options for the above referenced lease Schedules,
ePlus Group inc.is pleased to provide the following proposal:
Equipment- Equipment Description.
All Equipment on Schedules 1 and 2
Option 1 for Schedules 1 and 2:Pricing does not include warranty:
X Six month extension: $31,643.43 (plus applicable taxes) per month for six months commencing
October 1,2014($31,177.36 for Schedule 1 and$466.07 for Schedule 2)
Option 2 for Schedules 1 and 2: Extension pricing includes warranty provided by Austin Ribbon & Computer
Supplies(Quote x Q-124010):
Six month extension: $44,902.50 (plus applicable taxes) per month for six months commencing
October 1,2014
The effective date of the above options would be October 1,2014. All rent,taxes and other obligations due prior to the
effective date are not included in the prices provided above. All rent payments and other receivables due under the
Schedules must be current. All terms and conditions of the Schedules remain in full effect.
Please indicate which option is acceptable above by initialing in the applicable space above and by signing below where
provided. Please return this letter via fax to my attention at 703-984-8695 or email at jmarshereplus.com. If the extension
options are accepted, ePlus may require extension agreements or lease schedules to be executed between Lessee and
ePlus. In order to prevent further obligations, this proposal must be executed and returned by the expiration date and
the payments must be received by their due dates. If either of these conditions is not met additional payments may
apply. Should you have any questions or concerns, please contact me at(703)984-8095. This proposal is valid through
September 30,2014.
QU4A
ly, AGREED TO AND ACCEPTED BY:
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