R-99-08-26-10C1 - 8/26/1999RESOLUTION NO. R- 99- 08- 26 -10C1
WHEREAS, the City of Round Rock has duly advertised for bids to
lease /purchase various equipment for use by the City, and
WHEREAS, LaSalle Bank, N.A. has submitted the lowest and best bid
to lease /purchase said equipment to the City, and
WHEREAS, the City Council wishes to accept the bid of LaSalle
Bank, N.A., Now Therefore
BE IT RESOLVED BY THE COUNCIL OF THE CITY OF ROUND ROCK, TEXAS,
That the Mayor is hereby authorized and directed to execute on
behalf of the City, subject to the City Manager's and City Attorney's
approval of the final language and terms, a financing program agreement
with LaSalle Bank, N.A., to lease /purchase various equipment, a copy of
said agreement being attached hereto and incorporated herein for all
purposes.
The City Council hereby finds and declares that written notice of
the date, hour, place and subject of the meeting at which this
Resolution was adopted was posted and that such meeting was open to the
public as required by law at all times during which this Resolution and
the subject matter hereof were discussed, considered and formally acted
upon, all as required by the Open Meetings Act, Chapter 551, Texas
Government Code, as amended, and the Act.
RESOLVED this 26th day of
A S.T: City of Round Rock, Texas
�d� City Secretary
A. /11144u µ5
K,\ WPOOCS \RESO1V7 \k90826C1.WPD /sc
. STLUKA,(`f°., Mayor
COMPANY NAME
LA SALLE
BANK
FORD MOTOR
CREDIT
CAPITAL CITY
LEASING
ABN AMRO, INC.
BANK ONE,
TEXAS, N.A.
EFFECTIVE
INTEREST RATE
4.95 %!
5.03%
5.07%
5.09%
5.11%
TOTAL COST ON
PRINCIPAL OF
$500,000
$544,195
$544,896
$545,288
$545,467
$545,652
SEMI- ANNUAL
PAYMENTS FOR 3
YEAR PERIOD
$90,699
$90,816
$90,881
$90,911
$90,942
CITY OF ROUND ROCK
ANALYSIS OF BIDS - EQUIPMENT LEASING
FISCAL YEAR 1999
SUMMARY OF BIDS -
14 REQUESTS FOR BIDS WERE MAILED.
9 SUBMITTED BIDS
5 NON - RESPONSIVE
LEASE99
EXHIBIT E
EQUIPMENT LIST
DESCRIPTION AMOUNT
1998 Ford Expedition
1999 Ford P250 Pickup
1999 Ford Crown Victoria
1999 Ford Crown Victoria
1999 Ford Explorer
1999 Ford P150 Pickup
John Deere Skid Steer Loader Model 7775
1999 Ford P450 Super Duty with 33 Foot Telescoping Aerial Device
1999 Ford F450 Super Duty with Arbor Tech Chip Box
1999 Ford Explorer
1999 Ford F150 Supercab Pickup
1999 Ford Explorer
1999 Ford Explorer
Toro 72" Inch Cut Mower, Model 3251, 3 each ® 512,430.00
Toro Groundsmaster, Model 375D
John Deere Skid Steer Model 250
Hunter Wheel Alignment Machine
1999 Ford Ranger Supercab
1999 Ford F150 Pickup
1999 Ford FI50 Pickup
529,050.00
19,984.00
20,674.00
20,674.00
23,067.00
18,055.00
29,489.00
56,040.00
36,407.00
23,065.00
22,604.00
23,250.00
23,067.00
37,290.00
11,900.00
22,495.00
35.132.00
14,836.00
18,451.00
18.216.00
TOTAL 5503,746.00
DATE: August 18, 1999
SUBJECT: City Council Meeting — August 26, 1999
ITEM: 10.C.1. Consider a resolution authorizing the Mayor to execute a
lease/purchase financing program agreement for City equipment
with La Salle Bank. Each year the City acquires a portion of its
heavy equipment and rolling stock through a tax- exempt leasing
program. The recommended financing program for the current fiscal
year totals $500,000, fmanced at an effective interest rate of 4.95 %,
has a three year payback and is outlined in the operating budget. The
first year repayment is included in the proposed operating budget.
Staff Resource Person: David Kautz, Finance Director.
LaSalle Bank N.A.
135 South LaSalle Street
Chicago, Illinois 60603
(312) 904-2000
Member of the ABN AMRO Group
September 20, 1999
Howard Baker
Purchasing Agent
City of Round Rock, TX
221 E. Main Street
Round Rock, Texas 78664
Re: Lease- Purchase Agreement dated as of September 7, 1998 between LaSalle
Bank National Association and City of Round Rock
Dear Mr. Baker:
Enclosed please find a duplicate set of fully executed documents pertaining to the
above - referenced agreement.
If you have any questions, please feel free to call me at (312) 904 -7580.
Sincerely
A ita' 'aror
M icipal Lease Analyst
Enclosures
LASALLE BANKS
Sep -13 -99 05:32pm From - LASALLE LEASING
1. TERM.
1- 312- 904 -4699 T -538 P.02 F -283
EQUIPMENT LEASE /PURCHASE AGREEMENT
THIS EQUIPMENT LEASE /PURCHASE AGREEMENT ( "Agreement ") is made
as of September 7, 1999 by and between LASALLE BANK NATIONAL ASSOCIATION
( "Lessor") and CITY OF ROUND ROCK, TEXAS ( "Lessee ").
In consideration of the mutual covenants, terms and conditions hereinafter
contained, Lessor hereby agrees to lease to Lessee, and Lessee hereby agrees to
lease from Lessor, the property (hereinafter, together with all replacements and
accessions thereto, referred to as the "Equipment ") generally described in the
Preliminary Description of Equipment attached hereto and to be more specifically
described in the Certificate of Acceptance, in the form attached, to be executed and
delivered pursuant hereto, subject to the terms and conditions set forth herein.
This Agreement is made upon the following terms and conditions:
(a) Commencement of Term. This Agreement shall be effective, and
the parties' obligations hereunder shall arise, as of the date hereof. The term of lease
under this Agreement shall commence on the date on which the Agreement is funded
by Lessor, as indicated on the Certificate of Acceptance (the "Commencement Date "),
and shall terminate on the last day of the Full Lease Term, as specified on the
Schedule of Payments executed by Lessee and attached hereto (the "Schedule ").
(b) Termination of Term. The term of lease will terminate upon the
earliest to occur of any of the following events:
(1) The purchase of the Equipment by Lessee under the
provisions of Sections 8(c) or 10 of this Agreement;
(2) A default by Lessee and Lessor's election to terminate this
Agreement under Section 13: or
(3) The payment by Lessee of all rental payments to be paid by
Lessee hereunder with respect to the Equipment.
(c) Continuation of Lease Term by Lessee. Lessee intends, subject to
the provisions of sub -part (e) of this Section, to continue the term of the lease
hereunder for the Full Lease Term and to pay the rental payments hereunder. Lessee
reasonably believes that legally available funds in an amount sufficient to make all
rental payments for the Full Lease Term can be obtained.
(d) Tax Levy. A special Interest and Sinking Fund (the "Interest and
inking Fund") is hereby created solely for the benefit of the Agreement, and the
`Interest and Sinking Fund shall be established and maintained by the City at an official
depository bank of the City. The Interest and Sinking Fund shall be kept separate and
Sep -13 -99 05:32pm From - LASALLE LEASING
apart from all other funds and accounts of the City, and shall be used only for paying
the interest on and principal of the Agreement. All ad valorem taxes levied and
collected for and on account of the Agreement shall be deposited, as collected, to the
credit of the Interest and Sinking Fund. During each year while the Agreement or
Interest thereon are outstanding and unpaid, the governing body of the City shall
compute and ascertain a rate and amount of ad valorem tax money required to pay the
interest on the Agreement as such interest comes due, and to provide and maintain a
sinking fund adequate to pay the principal of the Agreement as such principal comes
due (but never less than 2% each year), and said tax shall be based on the latest
approved tax rolls of Lessee, with full allowance being made for tax delinquencies and
the cost of tax collection.
2. RENTAL PAYMENTS.
1- 312-804 -4688 T -538 P. 03/12 F -283
(a) Rental Payments secured by Ad Valorem Taxes. Lessor and
Lessee understand and intend that the obligation of Lessee to pay rental payments
hereunder shall constitute a debt of Lessee which is secured by a pledge of Lessee's
ad valorem taxes as set forth in Section 1(d).
(b) Payment of Rental Payments. Lessee shall pay rental payments
exclusively from legally available funds, in lawful money of the United States of
America, to Lessor in the amounts and on the rental payment due dates set forth in the
Schedule without notice. In the event that any rental payment is not received by Lessor
on or before the due date therefor, Lessee agrees to pay a late charge determined on
the basis of accrued interest on the delinquent amount at the rate of one percent (1 %)
per month (or, if such rate is in excess of the maximum rate permitted by law, the
maximum rate permitted by law) from the date of delinquency to the date that the rental
payment is received by Lessor.
(c) Interest and Principal Components. As set forth in the Schedule, a
portion of each rental payment is paid as, and represents payment of, interest, and the
balance of each rental payment is paid as, and represents payment of, principal.
(d) Rental Payments to be Unconditional. The obligation of Lessee to
make rental payments hereunder, and to perform and observe the covenants and
agreements contained in this Agreement, shall be absolute and unconditional in all
events, except as expressly provided in this Agreement. Lessee shall not assert any
right of setoff, counterclaim, or abatement against its obligations hereunder, including
(without limitation) by reason of equipment failure, disputes with the vendor(s) or
manufacturer(s) of the Equipment or Lessor, accident or any unforeseen
circumstances.
3. REPRESENTATIONS AND COVENANTS OF LESSEE. Lessee
represents, covenants and warrants to Lessor as follows:
Sep -13 -99 05:34pm From — LASALLE LEASING
1- 312- 904 -4699 T -538 P.04/12 F -283
(a) Lessee is a state or political subdivision thereof within the meaning
of Section 103(c) of the Internal Revenue Code of 1986, as amended, (the "Code") and
will do or cause to be done all things necessary to preserve and keep in full force and
effect its existence as such.
(b) Lessee is authorized under the Constitution and laws of the State
of Texas to enter into this Agreement and the transactions contemplated hereby and to
perform all of its obligations hereunder.
(c) As evidenced by an attachment hereto, the execution and delivery
of this Agreement by or on behalf of Lessee has been duly authorized by all necessary
action of the governing body of Lessee, and Lessee has obtained such other approvals
and consents as are necessary to consummate this Agreement. Lessee further
represents, covenants and warrants that all requirements have been met, and
procedures have occurred, necessary to ensure the enforceability of this Agreement
against Lessee, and that Lessee has complied with such public bidding requirements
as may be applicable to this Agreement and the acquisition of the Equipment by Lessee
hereunder.
(d) Lessee shall cause to be executed and attached hereto an
incumbency certificate and an opinion of its counsel in form and substance satisfactory
to Lessor.
(e) Lessee has determined that a present need exists for the
Equipment which need is not temporary or expected to diminish in the near future. The
Equipment is essential to and will be used by Lessee only for the purpose of performing
one or more governmental functions of Lessee consistent with the permissible scope of
Lessee's authority and will not be used in a trade or business of any person or entity.
Lessee shall cause to be executed and attached hereto an Essential Use of Equipment
Letter in form and substance satisfactory to Lessor.
(f) Within one hundred fifty (150) days of the end of each fiscal year of
Lessee during the term hereof, Lessee shall provide Lessor with a copy of its audited
financial statements for such fiscal year which shall specifically delineate the Interest
and Sinking Fund required to be mentioned by Section 1(d) of this Agreement.
Additionally, Lessee shall provide Lessor with such other financial information relating
to the ability of Lessee to continue this Agreement as may reasonably be requested by
Lessor.
(g) The Equipment is, and shall remain during the period this
Agreement is in force, personal property and when subject to use by Lessee under this
Agreement will not be or become fixtures.
(h) Lessee acknowledges that Lessor is acting only as a financing
source with respect to the Equipment, which has been selected by Lessee.
Sep -13 -99 05:35pm From - LASALLE LEASING
1- 312-804 -4688 1-538 P.05/12 F-283
(i) Lessee will promptly and duly execute and deliver to Lessor such
further documents, instruments and assurances and take such further action as Lessor
may from time to time reasonably request in order to carry out the intent and purpose of
this Agreement and to establish and protect the rights and remedies created or
intended to be created in favor of Lessor hereunder.
Q} Lessee has reviewed the areas within its business and operations
which could be adversely affected by, and has developed or is developing a program to
address on a timely basis, the "Year 2000 Problem" (that is, the risk that computer
applications used by Lessee may be unable to recognize and perform properly date -
sensitive functions involving certain dates prior to and any date on or after December
31, 1999), and has made related appropriate inquiry of material suppliers and vendors.
Based on such review and program, Lessee believes that the "Year 2000 Problem" will
not have a Material Adverse Effect. As used herein, "Material Adverse Effect" shall
mean (1) a materially adverse effect on the business, condition (financial or otherwise),
operations, performance or properties of Lessee, or (2) a material impairment of the
ability of Lessee to perform its obligations under or to remain in compliance with this
Agreement or any of the documents executed in connection therewith. From time to
time, at the request of Lessor, Lessee shall provide to Lessor such updated information
or documentation as is requested regarding the status of its efforts to address the Year
2000 problem.
4. TITLE TO EQUIPMENT; DISPOSAL OF EQUIPMENT.
(a) Title to the Equipment. During the term of this Agreement, title to
the Equipment shall vest in Lessee. In the event of a default as set forth in Section 13
hereof, title shall immediately vest in Lessor.
(b) Disposal of Equipment. Lessee may not dispose of any item of the
Equipment without the prior written consent of Lessor, notwithstanding the fact that
proceeds constitute a part of the Equipment.
5. USE. Lessee shall use the Equipment solely for the purpose of
performing one or more governmental functions of Lessee and in a careful, proper and
lawful manner consistent with the requirements of all applicable insurance policies
relating to the Equipment.
6. FEES; TAXES; OTHER GOVERNMENTAL AND UTILITY CHARGES;
LIENS.
(a) Fees. Lessee shall be liable to reimburse Lessor for, and agrees to
hold Lessor harmless from, all titling, recordation, documentary stamp and other fees
arising at any time prior to or during the Full Lease Term, or upon or relating to the
Equipment or this Agreement.
Sep -13 43 05:36pm From - LASALLE LEASING
(b) Taxes, Other Governmental Charges and Utility Charges. The
parties contemplate that the Equipment will be used for a governmental purpose of
Lessee and that the Equipment will be exempt from all taxes presently assessed and
levied with respect to personal property. In the event that the use, possession or
acquisition of the Equipment is found to be subject to taxation in any form (except for
net income taxes of Lessor), Lessee will pay, as the same come due, all taxes and
govemmental charges of any kind whatsoever that may at any time be lawfully
assessed or levied during the Full Lease Term against or with respect to the
Equipment, as well as all utility and other charges incurred in the operation and use of
the Equipment.
(c) Liens. Lessee shall keep the Equipment free and clear of all liens,
levies and encumbrances.
7. INSURANCE.
1- 312 -804 -4699 T -538 P.06/12 F -283
(a) Worker's Compensation. Lessee shall carry worker's
compensation insurance covering all employees working on, in, near or about the
Equipment, or demonstrate to the satisfaction of Lessor that adequate self - insurance is
provided, and shall require any other person or entity working on, in, near or about the
Equipment to carry such coverage throughout the Full Lease Term. Lessee shall
provide Lessor with such copies as requested.
8. RISK OF LOSS. Lessee assumes all risk of loss of or damage to the
Equipment from any cause whatsoever, and no such loss of or damage to the
Equipment, defect therein, or unfitness or obsolescence thereof, shall relieve Lessee of
its obligation to make rental payments or perform any other obligations hereunder.
9. DISCLAIMER OF WARRANTIES. LESSOR, NOT BEING A SELLER (AS
SUCH TERM IS DEFINED IN THE UNIFORM COMMERCIAL CODE), NOR A
SELLER'S AGENT, HEREBY EXPRESSLY DISCLAIMS AND MAKES TO LESSEE NO
WARRANTY OR REPRESENTATION, EXPRESS OR IMPLIED, OF
MERCHANTABILITY OR FITNESS FOR ANY PARTICULAR PURPOSE OR
OTHERWISE, INCLUDING, BUT NOT LIMITED TO: THE FITNESS FOR USE,
DESIGN OR CONDITION OF THE EQUIPMENT; THE QUALITY OR CAPACITY OF
THE EQUIPMENT; THE WORKMANSHIP IN THE EQUIPMENT; THAT THE
EQUIPMENT WILL SATISFY THE REQUIREMENTS OF ANY LAW, RULE,
SPECIFICATION OR CONTRACT PERTAINING THERETO; AND ANY GUARANTY
OR WARRANTY AGAINST PATENT INFRINGEMENT OR LATENT DEFECTS, it being
agreed that all such risks, as between Lessor and Lessee, are to be borne by Lessee.
Lessor is not responsible or liable for any direct, indirect, incidental or consequential
damage to or losses resulting from the installation, operation or use of the Equipment or
any products manufactured thereby. All assignable warranties made by the vendor(s)
or manufacturer(s) to Lessor are hereby assigned to Lessee for and during the Full
Sep-13 -99 05:37pm From - LASALLE LEASING
12. ASSIGNMENT; SUBLEASING; INDEMNIFICATION.
1- 312- 004-4688 T -538 P -07/12 F -283
Lease Term and Lessee agrees to resolve all such claims directly with the vendor(s) or
manufacturer(s). Provided that Lessee is not then in default hereunder, Lessor shall
cooperate fully with Lessee with respect to the resolution of such claims, in good faith
and by appropriate proceedings at Lessee's expense. Any such claim shall not affect in
any manner the unconditional obligation of Lessee to make rental payments hereunder.
10. PURCHASE OF EQUIPMENT BY LESSEE /PREPAYMENT. Provided
that Lessee is not then in default under this Agreement, this Agreement will terminate:
(a) at the end of the Full Lease Term, upon payment in full of all rental
payments and other amounts payable by Lessee hereunder for the Full Lease Term; or
(b) on any rental payment due date, upon payment by Lessee of the
then applicable Prepayment Amount as set forth on the Schedule plus the rental
payment due on such date and all other amounts then due by Lessee hereunder,
provided Lessee shall have given Lessor not less than thirty (30) days' prior notice of its
intent to make such payment.
11. QUIET POSSESSION. Lessor represents and covenants to Lessee that
Lessor has full authority to enter into this Agreement, and that, conditioned upon
Lessee performing all of the covenants and conditions hereof, as to claims of Lessor or
persons claiming under Lessor, Lessee shall peaceably and quietly hold, possess and
use the Equipment during the term of this Agreement subject to the terms and
provisions hereof.
(a) Assignment by Lessor. This Agreement, and the rights of Lessor
hereunder and the Schedule, may be assigned and reassigned in whole to one or more
assigness by Lessor or its assignees at any time without the necessity of obtaining the
consent of Lessee; provided, however, no such assignment or reassignment shall be
effective unless and until Lessee shall have been given written notice of assignment
disclosing the name and address of the assignee or its agent authorized to receive
payments and otherwise service this Agreement on its behalf. In the event the
assignee is not an affiliate of Lessor, the City reserves the right to approve or
disapprove any assignment (or reassignment) and such approval shall not be
unreasonably withheld. Upon receipt of notice (or consent by City when required) of
assignment, Lessee agrees to record the same in records maintained for such purpose,
and further, to make all payments as designated in the assignment, notwithstanding
any claim, defense, setoff or counterclaim whatsoever (whether arising from a breach of
this Agreement or otherwise) that Lessee may from time to time have against Lessor or
Lessor's assignees. Lessee agrees to execute all documents, including
acknowledgments of assignment, which may reasonably be requested by Lessor or its
assignees to protect their interests in the Equipment and in this Agreement.
Sep-13 -99 05:38pm From - LASALLE LEASING
(b) No Sale, Assignment or Subleasing by Lessee. This Agreement
and the interest of Lessee in the Equipment may not be sold, assigned, sublet or
encumbered by Lessee without the prior written consent of Lessor.
(c) Release and Indemnification Covenants. To the extent permitted
by the laws and Constitution of the State of Texas, Lessee hereby assumes and agrees
to indemnify, protect, save and keep harmless Lessor, its agents and employees, from
and against any and all losses, damages, injuries, claims, demands and expenses,
including legal expenses, of whatsoever kind and nature, arising on account of (1) the
ordering, acquisition, delivery, installation or rejection of the Equipment; (2) the
possession, maintenance, use, condition (including without limitation, latent and other
defects whether or not discoverable by Lessor or Lessee, any claim in tort, including
actions for strict liability, and any claim for patent, trademark or copyright infringement)
or operation of any item of the Equipment (by whomsoever used or operated); or (3) the
loss, damage, destruction, removal, return, surrender, sale or other disposition of the
Equipment, or any item thereof. It is understood and agreed, however, that Lessor
shall give Lessee prompt notice of any claim or liability hereby indemnified against and
that Lessee shall be entitled to control the defense thereof, so long as Lessee is not in
default hereunder.
13. EVENTS OF DEFAULT AND REMEDIES.
1- 312- 904 -4699 T-538 P 08/12 F -283
(a) Events of Default. The following shall be "events of default" under
this Agreement and the terms "event of default" and "default" shall mean, whenever
they are used in this Agreement, any one or more of the following events:
(1) failure by Lessee to pay any rental payment or other
payment required to be paid hereunder within fifteen (15) days of the due date
therefor; or
(2) failure by Lessee to observe and perform any other
covenant, condition or agreement on its part to be observed or performed
hereunder and such failure shall continue unremedied for a period of thirty (30)
days after written notice specifying such failure and requesting that it be
remedied, unless Lessor shall agree in writing to an extension of such time prior
to its expiration; or
(3) any certificate, statement, representation, warranty or audit
contained herein or heretofore or hereafter furnished with respect hereto by or
on behalf of Lessee proving to have been false in any material respect at the
time as of which the facts therein set forth were stated or certified, or having
omitted any substantial contingent or unliquidated liability or claim against
Lessee; or
Sep -13 -99 05:39pm From-LASALLE LEASING 1- 312-804 -4699 T-538 P.09/12 F -2B3
(4) Commencement by Lessee of a case or proceeding under
the Federal bankruptcy laws or filing by Lessee of any petition or answer seeking
relief under any existing or future bankruptcy, insolvency or other similar laws or
an answer admitting or not contesting the material allegations of a petition filed
against Lessee in any such proceeding; or
(5) A petition against Lessee in a proceeding under any existing
or future bankruptcy, insolvency or other similar laws shall be filed and not
withdrawn or dismissed within sixty (60) days thereafter.
(b) Remedies on Default. Whenever any event of default shall have
occurred and be continuing, Lessor shall have the right, at its sole option without any
further demand or notice, to exercise any one or more of the following remedies:
(1) declare all unpaid rental payments,
together with any
accrued interest thereon to be immediately due and payable,
whereupon the same shall become due and payable; and
(2)
(3)
In addition, Lessee will remain liable for all legal fees and other costs and
expenses, including court costs, incurred by Lessor with respect to the enforcement of
any of the remedies listed above or any other remedy available to Lessor.
(c) No Remedy Exclusive. No remedy herein conferred upon or
reserved to Lessor is intended to be exclusive and every such remedy shall be
cumulative and shall be in addition to every other remedy given under this Agreement
or now or hereafter existing at law or in equity. Lessor's remedies hereunder may be
exercised separately with respect to items of the Equipment. No delay or omission to
exercise any right or power accruing upon any default shall impair any such right or
power or shall be construed to be a waiver thereof, but any such right and power may
be exercised from time to time and as often as may be deemed expedient.
14. TAX COVENANTS.
apply to and obtain from any court of
competent jurisdiction such decree or order as may be
necessary to require officials of the City to charge and
collect ad valorem taxes sufficient to meet all requirements
of this Agreement; and
exercise any other right, remedy or privilege which may be
available to it under applicable laws of the State of Texas or
any other applicable law or proceed by appropriate court
action to enforce the terms of this Agreement, to recover
damages for the breach of this Agreement, or to rescind this
Agreement as to the Equipment.
Sep -13 -88 05:40om From -LASALLE LEASING
1-312-9D4 -4699 T-538 P.10/12 F -283
(a) The parties assume that Lessor can exclude the interest
component of the rental payments from federal gross income. Lessee covenants and
agrees that it will (i) use a book entry system to register the owner of this Agreement so
as to meet the applicable requirements of Section 149(a)(3) of the Code; (ii) timely file
an IRS Form 8038 -G (or, if the invoice price of the Equipment is less than $100,000, a
Form 8038 -GC) with the Internal Revenue Service ( "IRS ") in accordance with Section
149(e) of the Code; (iii) not permit the Equipment to be directly or indirectly used for a
private business use within the meaning of Section 141 of the Code including, without
limitation, use by private persons or entities pursuant to contractual arrangements
which do not satisfy the IRS' guidelines for permitted management contracts, as the
same may be amended from time to time; (iv) comply with all provisions and regulations
applicable to excluding the interest component of the rental payments from federal
gross income pursuant to Section 103 of the Code; and (v) cause to be completed,
executed and delivered to Lessor a Tax Compliance Agreement and No Arbitrage
Certificate substantially in the form provided by Lessor.
(b) If Lessor either (i) receives notice, in any form, from the Internal
Revenue Service; or (ii) reasonably determines, based on an opinion of independent
tax counsel selected by Lessor and approved by Lessee, which approval Lessee shall
not unreasonably withhold, that Lessor may not exclude the interest component of any
rental payment from federal gross income because Lessee breached a covenant
contained herein, then Lessee shall pay to Lessor, within thirty (30) days after Lessor
notifies Lessee of such determination, the amount which, with respect to rental
payments previously paid and taking into account all penalties, fines, interest and
additions to tax (including all federal, state and local taxes imposed on the interest
component of all rental payments due through the date of such event) that are imposed
on Lessor as a result of the loss of the exclusion, will restore to Lessor the same after -
tax yield on the transaction evidenced by this Agreement (assuming tax at the highest
marginal corporate tax rate) that it would have realized had the exclusion not been lost.
Additionally, Lessee agrees that upon the occurrence of such an event, it shall pay
additional rent to Lessor on each succeeding rental payment due date in such amount
as will maintain such after -tax yield to Lessor.
(c) Lessee has not issued, and reasonably anticipates that it and its
subordinate entities will not issue, tax - exempt obligations (including this Agreement) in
the amount of more than $10,000,000 during the current calendar year; hereby
designates this Agreement as a "qualified tax - exempt obligation" within the meaning of
Section 265(b)(3) of the Internal Revenue Code of 1986, as amended (the "Code "); and
agrees that it and its subordinate entities will not designate more than $10,000,000 of
their obligations as "qualified tax - exempt obligations" during the current calendar year.
15. LESSOR'S RIGHT TO PERFORM FOR LESSEE. If Lessee fails to
perform or comply with any of its agreements contained herein, Lessor shall have the
right, but shall not be obligated, to effect such performance or compliance, and the
amount of any out of pocket expenses and other reasonable expenses of Lessor
Sep -13 -99 05:41pm From - LASALLE LEASING
1- 312 - 904 -4699 T -538 P. 11/12 F -283
incurred in connection with the performance of or compliance with such agreement,
together with interest thereon at the rate of twelve percent (12 %) per annum (or, if such
rate is in excess of the maximum rate permitted by law, the maximum rate permitted by
law), shall be payable by Lessee upon demand.
16. MISCELLANEOUS.
(a) Notices. All notices (excluding billings and communications in the
ordinary course of business) hereunder shall be in writing, and shall be sufficiently
given and served upon the other party if delivered (i) personally, (ii) by United States
registered or certified mail, return receipt requested, postage prepaid, (iii) by an
ovemight delivery by a service such as Federal Express or Express Mail from which
written confirmation of overnight delivery is available; or (iv) by facsimile with a
confirmation copy by regular United States mail, postage prepaid, addressed to the
other party at its respective address stated below the signature of such party or at such
other address as such party shall from time to time designate in writing to the other
party, and shall be effective from the date of mailing.
(b) Binding Effect. This Agreement shall inure to the benefit of and
shall be binding upon Lessor and Lessee and their respective successors and assigns.
(c) Severability; Survival. Any provision of this Agreement which is
prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction, be
ineffective to the extent of such prohibition or unenforceability without invalidating the
remaining provisions hereof, and any such prohibition or unenforceability in any
jurisdiction shall not invalidate or render unenforceable such provision in any other
jurisdiction. To the extent permitted by applicable law, Lessee hereby waives any
provision of law which renders any provision hereof prohibited or unenforceable in any
respect.
The representations, warranties and covenants of Lessee herein shall be
deemed to be continuing and to survive the closing hereunder. Each execution by
Lessee of a Certificate of Acceptance shall be deemed a reaffirmation and warranty
that there have been no material adverse change in the financial condition of Lessee
from the date of execution hereof. The obligations of Lessee under Sections 6, 12(c)
and 14, which accrue during the term of this Agreement, shall survive the termination of
this Agreement.
(d) Execution in Counterparts. This Agreement may be executed in
several counterparts, each of which shall be an original and all of which shall constitute
but one and the same instrument.
(e) Applicable Law. This Agreement shall be governed by and
construed in accordance with the laws of the State of Texas.
(f) Captions. The captions in this Agreement are for convenience of
reference only and shall not define or limit any of the terms or provisions hereof.
Sep-13 -89 05:42pm From - LASALLE LEASING
(g) Entire Agreement. This Agreement constitutes the entire
agreement between Lessor and Lessee. No waiver, consent, modification or change of
terms of this Agreement shall bind either party unless in writing signed by both parties,
and then such waiver, consent, modification or change shall be effective only in the
specific instance and for the specific purpose given. There are no understandings,
agreements, representations or warranties, express or implied, not specified herein
regarding this Agreement or the Equipment leased hereunder. Any terms and
conditions of any purchase order or other document (with the exception of
supplements) submitted by Lessee 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 Lessor and will not apply to this Agreement. Lessee by the signature below
of its authorized representative acknowledges that it has read this Agreement,
understands it, and agrees to be bound by its terms and conditions.
IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be duly
executed as of the day and year first above set forth.
ATTEST/WITNESS:
(iwyoui 6/rLd..
LASALLE BANK NATIONAL ASSOCIATION
Lessor
By:
Address:
1-312-904-4699 T -538 P.12/12 F -283
135 S. LaSalle Street
Suite 545
Chicago, Illinois 60603
Fax: (312) 904 -8408
ATTEST: CITY OF ROUND ROCK, TEXAS
Lessee
Address: 221 E. Main Street
Round Rock, Texas 78664
Fax: (512) 218 -5442
DESCRIPTION OF EQUIPMENT
Attached to and made a part of that certain
Equipment Lease/Purchase Agreement dated as of
September 7, 1999
By and between LaSalle Bank National Association, as Lessor,
And City of Round Rock, Texas, as Lessee
The items of Equipment to become subject to the Agreement can be generally
described as follows:
DEPARTMENT DESCRIPTION COST
Police Ford Crown Victoria $ 27, 564
Police Interceptor
Police Ford Crown Victoria 27,564
Police Interceptor
Police Ford Crown Victoria 27,564
Police Interceptor
Fire Ford Expedition 27,910
Ford Truck, F250 19,984
Police Ford Crown Victoria 4 Dr 20,674
Police Ford Truck F150 18,451
Fire Ford Explorer 4X2 23,067
PARD Ford Truck F150 18,276
Street John Deere 7775 Skid 29,489
Steer Loader
Street Ford Super Duty F450 26,835
Street Ford Super Duty F450 36,407
With Chip Box
Police Ford Explorer 4X2 23,067
PARD Ford Truck F150 Supercab 18,216
Code Enforcement Ford Ranger Supercab 14,969
Vehicle Maint Shop Hunter Wheel Alignment 35,132
Machine
PARD 3 ea @ $12,430 Toro 37,290
Mower Model 325D/72RDD
Street Toro Groundsmaster 11,900
325D
PARD Ford Truck F150 Supercab 18,276
Street Ford Explorer 4X2 23,065
Street Ford Truck F150 Supercab 22,605
TOTAL $508,305
INCUMBENCY CERTIFICATE
I do hereby certify that 1 am the duly elected or appointed and acting
Secretary/Clerk of City of Round Rock, Texas, a body corporate and politic duly
organized and existing under the laws of the State of Texas, that I have custody of the
records of such entity, and that, as of the date hereof, the individuals named below are
the duly elected or appointed officers of such entity holding the offices set forth opposite
their respective names. I further certify that (i) the signatures set opposite their
respective names and titles are their true and authentic signatures, and (ii) such officers
have the authority on behalf of such entity to enter into that certain Equipment
Lease /Purchase Agreement dated as of September 7, 1999 (the "Agreement ") between
such entity and LaSalle Bank National Association.
NAME TITLE
�be rf- 1nhynr
I hereby further certify that the individual named below holds the office set forth
opposite his name and is duly authorized to execute Certificates of Acceptance,
Requisition Requests, and other documents relating to the Agreement.
NAME TITLE
/ry (ar, , O - ..
�la;A/S. W.
[SEAL]
q 1#i /I'
cretary/Clerk)
SIGNATURE
IN WITNESS WHEREOF, I have duly executed th Certificate and affixed the
seal of City of Round Rock, Texas hereto this 4 /day o, 1999.
(other than the person signing the documents)
LaSalle National Bank
135 S. LaSalle Street
Suite 520
Chicago, Illinois 60603
Gentlemen:
BROWN McCARROLL SHEETS & CROSSFIELD, LLP.
Attorneys
309E Main Street
Round Rock, Texan 786645246
(512) 255.8877
FAX (512) 255-8986
E -MAIL bmscleaol.com
FORM OF OPINION OF LESSEE'S COUNSEL
September 10, 1999
As counsel for City of Round Rock, Texas ( "Lessee "), we have
examined a duly executed original of the Equipment Lease /Purchase
Agreement dated as of September 7, 1999 (the "Agreement "), between
Lessee and LaSalle National Bank ( "Lessor "), and the proceedings taken
by Lessee to authorize and execute the Agreement, evidence of which is
attached to the Agreement (the "Approval "). Based upon such examination
of law and fact as we have deemed necessary or appropriate for purposes
of the opinions set forth below, we are of the opinion that:
1. Lessee is a state of political subdivision thereof within the
meaning of Section 103(c) of the Internal Revenue Code of 1986, as
amended.
2. The Agreement has been duly authorized, executed and delivered
by Lessee pursuant to Constitutional, statutory and /or home rule
provision and the Approval.
3. The Agreement is a legal, valid and binding obligation of
Lessee, enforceable against Lessee in accordance with its terms. In the
event Lessor obtains a judgment against Lessee in money damages as a
result of an event of default under the Agreement, Lessee will be
obligated to pay such judgment.
4. Any applicable public bidding requirements have been met.
5. There are no pending actions or proceedings to which Lessee is
a party, and there are no other pending or threatened actions or
proceedings of which Lessee has knowledge, before any public body,
court, arbitrator or administrative agency, which, either individually
C: NPDOSokommcC \LA:PI.L6 \LTLASA99. NPD/k
AUSTIN OFFICE 1400 Franklin P1m. 111 Congress Avenue, Austin Texas 7031-44243 (512) 4725456 Fax (512) 4794011
DALLAS OFFICE 300 Croomr Court. Site 1400. Dallas, Taus 7520/6929 814) 9946100 Fax 814) 9994170
HOUSTON OFFICE LIM Worsham Tow. 2717 Allen Parkway, Houston, Texas 770142100 (713) 529.3110 Fax (43) 456295
LONGVIEW OFFICE 220 Energy Centre. 1127 Ind®. Road P.O. Sox 3999. Longview, Tex.. 756063999 (903) 2369010 Fax (903) 2368787
LaSalle National Bank
September 10, 1999
Page 2
or in the aggregate, would materially adversely affect the transaction
contemplated by the Agreement or the Ability of Lessee to perform its
obligations, under the Agreement, or question the validity of the
Approval. Further, Lessee is not in default under any material
obligation for the payment of borrowed money, for the deferred purchase
price of property or for the payment of any rent under any lease
agreement which, either individually or in the aggregate, would have the
same such effect.
6. The signatures of the officers of Lessee which appear on the
Agreement are true and genuine, we know said officers and know them to
hold the offices set forth below their names, and they have been duly
authorized by the Approval to execute and deliver the Agreement.
7. The Equipment leased pursuant to the Agreement constitutes
personal property and when subjected to use by Lessee will not be or
become fixtures under applicable law.
8. The Uniform Commercial Code, as adopted in the State of Texas,
will govern the method of perfecting Lessor's security interest in the
Equipment.
This opinion is for the sole benefit of, and may be relied upon by,
you and any permitted assignee or subassignee of Lessor under the
Agreement, provided that we understand and agree that this opinion may
be relied upon by special tax counsel if one is retained to render an
opinion as to the exemption from federal income taxation of the interest
component of payments to be made by Lessee pursuant to the Agreement.
CDC /kg
SCHEDULE OF PAYMENTS
Attached to and made a part of that certain Equipment Lease /Purchase
Agreement dated as of September 7, 1999 by and between LaSalle Bank National
Association, as lessor, and City of Round Rock, Texas, as lessee.
Commencement Date: Date of funding, as confirmed by notice
from Lessor to Lessee.
Full Lease Term: Three (3) years beginning with Commencement Date.
Rental payments are payable semi - annually in arrears of the period to which they
relate. Rental payment due dates will be based on the Commencement Date,
and established in Lessor's notification to Lessee of the Commencement Date.
Payment Payment Principal Interest Prepayment
Number Amount Component Component Amount
(see attached)
City of Round Rock, Texas
Lessee
B
Date: /4 /9�
CITY OF ROUND ROCK, TEXAS - Schedule of Payments
Nominal Annual Rate 4.950
Purchase
Date Payment Interest Principal Option Price
1 17- Mar -00 90,699.00 12,374.83 78,324.17 430,109.35
2 17- Sep -00 90,699.00 10,436.33 80,262.67 348,241.42
3 17- Mar -01 90,699.00 8,449.86 82,249.14 264,347.30
4 17- Sep -01 90,699.00 6,414.22 84,284.78 178,376.82
5 17- Mar -02 90,699.00 4,328.20 86,370.80 90,278.61
6 17- Sep -02 90,699.00 2,190.56 88,508.44 0.00
Grand Totals 544,194.00 44,194.00 500,000.00 0.00
LaSalle Bank National Association
135 S. LaSalle Street
Suite 545
Chicago, Illinois 60603
Gentlemen:
TO BE TYPED ON LESSEE'S LETTERHEAD
September 7, 1999
Re: Equipment Lease /Purchase Agreement dated as of September 7,
1999 between LaSalle Bank National Association, as lessor, and
City of Round Rock, Texas, as lessee - Essential Use of
Equipment.
This letter is to confirm and affirm that the personal property (the "Equipment ")
subject to the above - referenced Agreement is essential to the governmental functions
of Lessee.
The Equipment will be used by Lessee for the purpose of performing one or
more of Lessee's governmental functions consistent with the permissible scope of
Lessee's authority and not in any trade or business carried on by any person other than
Lessee.
Very truly yours,
Roun. Rock, Texas
Mayor
Robert A. Stluka Jr.
Mayor Pro-tem
Martha A. Chavez
Connell Members
Tom Nielson
Bar[ M. Hairston
Rick Stewart
Earl Palmer
Jimmy Joseph
City Manager
Robert L Bennett. Jr.
City Attorney
Stephan L Sheets
CITY OF ROUND ROCK
Gentlemen:
Fax: 512.218 - 7097
September 7, 1999
LaSalle Bank National Association
135 S LaSalle Street
Suite 545
Chicago, Illinois 60603
Re: Equipment Lease/Purchase Agreement dated as of September 7,
1999 between LaSalle Bank National Association, as lessor, and
City of Round Rock, Texas, as lessee - Essential Use of Equipment.
This letter is to confirm and affirm that the personal property (the "Equipment ")
Subject to the above - referenced Agreement is essential to the governmental functions of
Lessee.
The Equipment will be used by Lessee for the purpose of performing one or more
of Lessee's governmental functions consistent with the permissible scope of Lessee's
authority and not m any trade or business carried on by any person other than
Lessee.
yours,
e
Ro.ert A. Stluka, Jr.
Mayor
City of Round Rock, Texas
221 East Main Street
Round Rock. Texas 78664
512 -218 -5400
1 -800- 735 -2989 TDD 1 -800- 735 -2988 Voice
www.ci.round- rock.tx.us
CERTIFICATE OF ACCEPTANCE
The undersigned, as Lessee under the Equipment Lease /Purchase Agreement
dated as of September 7, 1999 (the "Agreement ") with LaSalle Bank National
Association ( "Lessor"), hereby certifies:
1. The items of the Equipment, as such term is defined in the Agreement,
fully and accurately described on the Equipment List attached hereto have been
delivered and installed at the location(s) set forth therein.
2. A present need exists for the Equipment which need is not temporary or
expected to diminish in the near future. The Equipment is essential to and will be used
by the Lessee only for the purpose of performing one or more govemmental functions
of Lessee consistent with the permissible scope of Lessee's authority.
3. The estimated useful life of the Equipment based upon the manufacturer's
representations and Lessee's projected needs is not less than the term of lease with
respect to the Equipment.
4. Lessee has conducted such inspection and /or testing of the Equipment as
it deems necessary and appropriate and hereby acknowledges that it accepts the
Equipment for all purposes as of the date of this Certificate.
5. The Equipment is covered by insurance in the types and amounts
required by the Agreement.
6. No event of default, as such term is defined in the Agreement, and no
event which with the giving of notice or lapse of time, or both, would become an event
of default, has occurred and is continuing on the date hereof.
7. Based on the foregoing, Lessor is hereby authorized and directed to fund
the acquisition of the Equipment set forth on the Equipment List by paying, or causing
to be paid, the manufacturer(s) /vendor(s) the amounts set forth on the attached
invoices.
8. The following documents are attached hereto and made a part hereof:
(a) Copies of Invoice(s)
If Lessee paid an invoice prior to the commencement date of the Agreement and is
requesting reimbursement for such payment, also attach a copy of evidence of such
payment together with a copy of Lessee's Declaration of Official Intent and other
evidence that Lessee has satisfied the requirements for reimbursement set forth in
Treas. Reg. §1.150 -2.
City of Round Rock, Texas
Lessee
TAX COMPLIANCE AGREEMENT AND NO ARBITRAGE CERTIFICATE
This Tax Compliance Agreement and No Arbitrage Certificate is issued in
connection with that certain Equipment Lease /Purchase Agreement dated as of
September 7, 1999, by and between LASALLE BANK NATIONAL ASSOCIATION, as
lessor, ("Lessor) and CITY OF ROUND ROCK, TEXAS, as lessee ( "Lessee ").
1. In General.
1.1. This Certificate is executed for the purpose of establishing the reasonable
expectations of Lessee as to future events regarding the financing of certain equipment
by Lessee as described in the Equipment Lease /Purchase Agreement dated as of
September 7, 1999 (the "Lease ") between Lessor and Lessee and all related
documents executed pursuant thereto (the Lease and such other documents are
hereinafter collectively referred to as the "Financing Documents ").
1.2. The individual executing this Certificate on behalf of Lessee is an officer of
Lessee delegated with the responsibility of reviewing and executing the Financing
Documents.
1.3. To the best of the undersigned's knowledge, information and belief, the
expectations contained in this Certificate are reasonable.
1.4. Lessee has never been notified of any listing or proposed listing of it by
the Internal Revenue Service as an issuer whose certifications as to arbitrage may not
be relied upon.
1.5. The rental payments due under the Financing Documents will be made
with monies retained in Lessee's general operating fund (or an account or subaccount
therein). No sinking, debt service, reserve or similar fund or account will be maintained
for the payment of the rental payments due under the Financing Documents or pledged
as security therefor.
1.6. If any other governmental obligations were or are being issued by or on
behalf of Lessee within fifteen (15) days of the date of issuance of the Financing
Documents, such obligations either (i) were not or are not being issued or sold pursuant
to a common plan of financing with, or (ii) will not be paid out of substantially the same
source of funds as, the financing pursuant to the Financing Documents.
2. Purpose of the Financing Documents.
2.1. The Financing Documents are being entered into for the purpose of
providing funds for financing the cost of acquiring, equipping and installing certain
equipment which is essential to the govemmental functions of Lessee (the
"Equipment "), which Equipment is described in the Description of Equipment attached
to the Lease and is to be more specifically described in one or more Equipment Lists to
be attached to Certificate(s) of Acceptance executed and delivered by Lessee pursuant
to the Lease. The principal amount represented by the Financing Documents will be
disbursed by Lessor, on or promptly after the date of issuance of the Financing
Documents, to pay the purchase price of the Equipment.
2.2. No portion of the principal amount represented by the Financing
Documents will be used as a substitute for other funds which were otherwise to be
used as a source of financing for the Equipment, or will be used, directly or indirectly, to
replace funds used by Lessee to acquire investments which produce a yield materially
higher than the yield to Lessor under the Financing Documents.
2.3. Lessee does not expect to sell or otherwise dispose of the Equipment, in
whole or in part, at a date which is earlier than the final rental payment due under the
Financing Documents.
3. Source and Disbursement of Funds.
3.1. The principal amount represented by the Financing Documents does not
exceed the amount necessary for the govemmental purpose for which the Financing
Documents were entered into. Such funds are expected to be needed and fully
expended for payment of the costs of acquiring, equipping and installing the items of
Equipment.
3.2. The entire principal amount represented by the Financing Documents will
be used to pay the acquisition cost of the Equipment to the vendors or manufacturers
thereof on or promptly after the date of issuance of the Financing Documents, provided
that a portion of the such amount may be paid to Lessee as reimbursement for
acquisition cost payments already made by it so long as the conditions set forth in
Section 3.3 below are satisfied.
3.3. Lessee shall not request that it be reimbursed for Equipment acquisition
cost payments already made by it unless the following conditions have been satisfied:
(a) Lessee made a declaration of its reasonable intention to reimburse
the acquisition cost payment sought to be reimbursed with the proceeds of a borrowing
not later than sixty (60) days after the date on which it made the payment, which
declaration satisfies the "Official Intent Requirement" set forth in Treas. Reg. § 1.150 -2;
(b) The reimbursement being requested will be made by a written
allocation before the later of eighteen (18) months after the acquisition cost payment
was made or eighteen (18) months after the items of Equipment to which such payment
relates were placed in service;
(c) The entire payment with respect to which reimbursement is being
sought is a capital expenditure, being a cost of a type properly chargeable to a capital
account under general federal income tax principles; and
2
(d) Lessee will use any reimbursement payment for general operating
expenses and not in a manner which could be construed as an artifice or device under
Treas. Reg. § 1.148 -10 by, virtue of, among other things, use to refund, or to create or
increase a reserve or replacement fund with respect to, any other obligations issued by
it.
4. Exempt Use.
4.1. No part of the proceeds of the Financing Documents or the Equipment will
be used in any "private business use" within the meaning of Section 141(b)(6) of the
Code.
4.2. No part of the proceeds of the Financing Documents will be used, directly
or indirectly, to make or finance any loans to non - governmental entities or to any
governmental agencies other than Lessee.
5. No Federal Guarantee.
5.1. Payment of the principal or interest due under the Financing Documents is
not directly or indirectly guaranteed, in whole or in part, by the United States or an
agency or instrumentality thereof.
5.2. No portion of the proceeds under the Financing Documents shall be (i)
used in making loans the payment of principal or interest of which are to be guaranteed,
in whole or in part, by the United States or any agency or instrumentality thereof, or (ii)
invested, directly or indirectly, in federally insured deposits or accounts if such
investment would cause the financing under the Financing Documents to be "federally
guaranteed" within the meaning of Section 149(b) of the Code.
6. Miscellaneous.
6.1. Lessee agrees to comply with the rebate requirement set forth in Section
148(f) of the Code in the event that for any reason Section 148(f)(4)(B) of the Code is
not applicable to the financing pursuant to Financing Documents,
6.2. Lessee shall keep a complete and accurate record of all owners or
assignees of the Financing Documents in form and substance satisfactory to comply
with Section 149(a) of the Code unless Lessor or its assignee agrees to act as Lessee's
agent for such purpose.
6.3. Lessee shall maintain complete and accurate records establishing the
expenditure of the proceeds of the Financing Documents and interest earnings thereon
for a period of six years after payment in full under the Financing Documents.
3
IN WITNESS WHEREOF, this Tax Compliance Agreement and No Arbitrage
Certificate has been executed on behalf of Lessee as of the date set forth below.
City of Round Rock, Texas
Lessee
0.41*. / 4 /
.1�. .
Name: / 7 4't A, S✓U,��, J�.
Title: qv/*" /
Date: 1/ ll rte/ i4 -
Fun„ 8038 -G
(Rev. May 1995)
•anal M+.u. Some
MI Reporting Authority
Part V
Part VI
Information Return for Tax - Exempt Govemmentai Obligations
- Under Internal Revenue Code section 149(e)
1- See separate Instructions.
(Note: Use Form 8038.GC A the issue prim is under $100.000.)
1 Issuer's name
CITY OF ROUND POCK, TEXAS
3 Number and sheet (or P.O. box if mail is not delivereo to Street address)
221 EAST MAIN STREET
5 City. town. or post office. state. and ZIP code
ROUND ROCK, TX 78664
7 Named issue
EQUIPMENT LEASE /PURCHASE AGREEMENT
17® Type of Issue (check applicable box(es) and enter the issue price)
9 ❑ Education (attach schedule -see instructions(
10 ❑ Health and hospital (attach schedule -see instructions)
11 ❑ Transportation
12 ❑ Public safety
13 ❑ Environment (Including sewage bonds)
14 ❑ Housing
15 ❑ Utilities
16 LX Other. Describe (see instructions) . ta:t pledge
17 If obligations are tax or other revenue anticipation bonds. check box I►
16 ations are in the form of a lease or installment sale. check box -
. ' ■� Description of Obligations
ima s dw In o rove
SSW ones
Stated nidensprisn
era at maturity
If Amended Return, check here 0-
74 p se . et
Rlomisute
Weighted
avenge murky
6 Date of ima
N /A N/a % N/A N/A
19 Final maturity.
20 Entre issue °~ $500, 000.00 N/A three years 4.95 %.4.95
mali Uses of Proceeds of Bond Issue (including underwriters' discount)
21
21 Proceeds used for accrued Interest
22 Issue price of entire issue (enter amount from one 20. column (c))
23 Proceeds used for bond issuance costs Including unde vntef5' discount) 23
24 Proceeds used for credit enhancement 24
25 Proceeds allocated to reasonably required reserve or replacement fund 2
26 Proceeds used to currently refund prior issues 26
27 Proceeds used to advance refund poor issues 2 7
28 Total (add lines 23 through 27)
29 Nonrefundinq proceeds of the issue (subtract tine 28 from line 22 and enter amount here) . . 29
Description of Refunded Bonds (Complete this part only for refunding bonds.)
28
OMB No. 1545-0720
4 Report number
01999
a CUSIP umber
none
9 f
10
11
12
13
14
15
16 ' 500 0
YYd
Net mMem
eat
N/A
N/A
30 Enter the remaining weighted average matunry of the bonds to be Currently refunded . . . ► years
31 Enter the remaining weighted average maturity of the bonds to be advance refunded . . . 0- Years
32 Enter the last data on which the refunded bonds will be called
33 Enter the date(s) the refunded bonds were issued P-
Miscellaneous
34 Enter the amount of the state volume cap allocated to the issue under section 141(b)(5) 34
35 Etter the amount d the bonds designated by the issuer under swim 265b1(3031110111 (small issuer exception) 35 $500,000.00
36* Flta the mart el gra pmQeds'wasted a to be invested h a gummed Fwattnett connect I. immrsorts) 36a
b Enter the final maturity date of the guaranteed investment contract
37 Pooled finanangs: a Proceeds d this awe that are to be used to make loans to other governmental units 37a
b If this issue is a loan made from the proceeds of another tax - exempt issue. check box It- ❑ and enter the name of the
Issuer ► and the date of the awe P-
311 If the issuer has elected to pay a penalty in lieu of arbitrage rebate. check box . . . ► ❑
39 If the issuer has identified a hedge. check box - ❑
Under peness al seamy. I declare w 1 new .nmma this return and aemnpanying schedules and statemera. and te the bas el my rme4edge
and teed. . OUR Cann. and eomprt..
Please , / 4 4 4,./ 1 , -A/A19 r,
Sign , rn !i 44 r _ -
. ' 7
Here ' ,. : d maser. ushcrasei ' ow
k Type dr s (• 9 . name and title .
For Paperwork Reduction Act Notice, se. page 1 of the InatruWona.
® Nir•I.e sldlYr
Cat. No. 9.37135 Fees 8038 - (mini. 4 -9.51
RESOLUTION NO. R- 98- 11- 12 -10D1
WHEREAS, the City of Round Rock, Texas (the "Issuer ") is a
home -rule City of the State of Texas; and
WHEREAS, the Issuer expects to pay expenditures in connection
with acquiring certain vehicles and equipment (the "Property "), as
listed in the attached Exhibit "A ", prior to the issuance of
obligations to finance the Property; and
WHEREAS, the Issuer finds, considers, and declares that the
reimbursement of the Issuer for the payment of such expenditures
will be appropriate and consistent with the lawful objectives of
the Issuer and, as such, chooses to declare its intention, in
accordance with the provisions of Section 1.150 -2 of the Treasury
Regulations, to reimburse itself for such payments at such time as
it issues obligations to finance the Property; Now Therefore
BE IT RESOLVED BY THE COUNCIL OF THE CITY OF ROUND ROCK,
TEXAS,
That the Issuer reasonably expects to incur debt, as one or
more separate series of various types of obligations, with an
aggregate maximum principal amount equal to $500,000 for the
purpose of paying the costs of the Property.
II.
That all costs to be reimbursed pursuant hereto will be
capital expenditures. No tax - exempt obligations will be issued by
the Issuer in furtherance of this Resolution after a date which is
later than 18 months after the later of (1) the date the
R:\ wPOOOS \RBSOLVII \R8111201.RP0 /SCg
I.
expenditures are paid or (2) the date on which the property, with
respect to which such expenditures were made, is placed in service.
III.
The foregoing notwithstanding, no tax - exempt obligation will
be issued pursuant to this Resolution more than three years after
the date any expenditure which is to be reimbursed is paid.
The City Council hereby finds and declares that written notice
of the date, hour, place and subject of the meeting at which this
Resolution was. adopted was posted and that such meeting was open to
the public as required by law at all times during which this
Resolution and the subject matter hereof were discussed, considered
and formally acted upon, all as required by the Open Meetings Act,
Chapter 551, Texas Government Code, as amended, and the Act.
RESOLVED this 12th day of November, 1998.
ATTEST:
Certified True Copy
ANNE LAND, City Secretary
yJ1athou,
Christine Martinez, Asst. Ci
Sadrctary
2.
IV.
I(J /��►
CHARLES CUEPHaPER, Mayor
City of Round Rock, Texas
Schedule of budgeted equipment (Operating Budget, fy99) subject to reimbursement
from the lease financing program:
DEPARTMENT
Planning & Community Develop.
Building Inspection
Police
Police
Police
Fire
PARD
PARD
Public Works
Street
Street
Street
Street
Street
Vehicle Maintenance Shop
Exhibit A
EQUIPMENT LIST
DESCRIPTION
Compact Pickup
%z Ton Pickup
Unmarked Vehicle
14 - Marked Vehicles
Unmarked Vehicle
2 - Utility Vehicles
Stake Bed Truck
2 - %z Ton Pickups
%x Ton Pickup
Skid Loader
Water Truck
Dump Truck
2 —' /< Ton Pickups
Bucket Truck
Service Truck
ESTIMATE) COST
$ 14,000
21,000
23,000
378,000
23,000
46,000
27,000
38,000
19,000
29,000
55,000
72,000
40,000
60,000
62,000
WHEREAS, the City of Round Rock has duly advertised for bids'to
lease /purchase various equipment for use by the City, and
WHEREAS, LaSalle Bank, N.A. has submitted the lowest and best bid
to lease /purchase said equipment to the City, and
WHEREAS, the City Council wishes to accept the bid of LaSalle
Bank, N.A., Now Therefore
BE IT RESOLVED BY THE COUNCIL OF THE CITY OF ROUND ROCK, TEXAS,
That the Mayor is hereby authorized and directed to execute on
behalf of the City, subject to the City Manager's and City Attorney's
approval of the final language and terms, a financing program agreement
with LaSalle Bank, N.A., to lease /purchase various equipment, a copy of
said agreement being attached hereto and incorporated herein for all
purposes.
The City Council hereby finds and declares that written notice of
the date, hour, place and subject of the meeting at which this
Resolution was adopted was posted and that such meeting was open to the
public as required by law at all times during which this Resolution and
the subject matter hereof were discussed, considered and formally acted
upon, all as required by the Open Meetings Act, Chapter 551, Texas
Government Code, as amended, and the Act.
RESOLVED this 26th day of
A,� J, E ST r �
(;, City Secrhtary
K:\ HPOOCS \RSSOLUTI \R906]6CI.WPO /ac
RESOLUTION NO. R- 99- 08- 26 -10C1
RT A. STLUKA, ., Mayor
City of Round Rock, Texas
C -i ified True Copy
nne Land, City Secretary
Invoice Numbers ACCOunt: ILA90 -074
Dat
TO: ROUND ROCK, CITY OP
ATTN ACCTS PAYABLE
221 EAST MAIN STREET
Terms: NET 10
Project No.: C0OP.001.99.22
Project Name: CARS,LI TRUCKLMULTI P VEH
Item Number
ROUND ROCK, TX 78664
VIN 4
2FAFP71W01m170571.
2FAFP71W2WX170572
2FAFP7114411X170573,
2FAFP71W6WX170574,
2FAFP71W611X170575
2FAFP7I4XNX170576,
2FAFP711410X170577,
2FAFP71M3NX170578
2FAFP7INSWX170579.
2FAFP71W1WX170590
RECD RUCK 1 6 To: 9
Due Date: 08/20/99
P.O. Box 200127
Houston, TX 77216 -0127
Item Unit Discount Total
Description Rev Quantity Price Amount Price
10E98- 01- 742310CF Ford Crown Vic 40a V8 10.0000 27,564.0000 0.00 275,640.00
Police Interceptor
VE9B- 01- X2510CF Trade is 1.0000 - 14,800.0000 0.00 - 14,900.00
0.0000 0.0000 0.00 0.00
0.0000 0.0000 0.00 0.00
0.0000 0.0000 0.00 0.00
0.0000 0.0000 0.00 0.00
Price of Itms
Less Total Discount Amount
Plus Total Sales Tax
yPlus BOAC ADMIX PER
Invoice Total
Customer PO: 0929
Invoice Total: $263,312.32
Rill Number: 0999 - 0211
2�DrBSO: 00
0.00
0.00
. 1
.$263- ;3r2:72—
To:
ROUND ROCK, CITY OF
ATTN ACCTS PAYABLE
221 EAST MAIN STREET
ROUND ROCK, TX 78664
Terms: NEC 10
Project No.: COOP. 001.98.22
Project Name: CARS, LI TRUCKSMULTI P VEH
Item Number
VE97- 79- W5501CP
ammailMIN
ADMIN -822 H -GAC Adman Pee
Remit To: H -GAC
P.O. Box 200127
Due Date: 12/25/98
Item
Description Ray Quantity
Houston, TX 77216 -0127
Account: ILA90 -074
Customer PO: 0392
Invoice Total: $ ,910.54
Hill Number:
Unit Discount Total
Price Amount Price
1 27,471.00 0.00 27,471.00
1 439.54 0.00 439.54
Price of Items
Less Total Discount Amount
Plus Total Sales Tax
27,910.54
0.00
0.00
Invoice Total $27.,910.54
RECD DEC 2 1 1998
Invoice Number: INV- 0000003078
Date: 04/23/99
To:
Terms:
Project No.:
Project Name:
Item Number
VE98- 01- X4536CF
ADMIN -822
THIS IS AN EMAIL DUPLICATE
ROUND ROCK, CITY OF
ATTN ACCTS PAYABLE
221 EAST MAIN STREET
ROUND ROCK, TX 78664
NET 10
COOP.001.99.22
CARS,LI TRUCK&MULTI P VEH
Item
Description
Ford 3/4 Ton F250 V8
H -GAC Admin Fee
1FTRX27W2XKB54748
Please pay from this
INVOICF
Due Date: 05/03/99
Rev
Remit To: H -GAC
P.O. Box 200127
Quantity
Houston, TX 77216 -0127
0.0000
0.00
Price of Items
Less Total Discount Amount
Plus Total Sales Tax
Invoice Total
Account: ILA90 -074
Customer P0: 0914
Invoice Total: 19,984.66
Bill Number: CP99 -0216
Unit Discount Total
Price Amount Price
1.0000 19,807.00 0.00 19,807.00
1.0000 177.66 0.00 177.66
0.00
0.0
19,984.66
0.00
0.00
519,984.66
To:
Terms:
Project No.:
Project Name:
Item Number
VE98- 01- X2030CF
ADMIN -822
HIS IS AN EMAIL DUPLICATE
Invoice Number:
Date: RECD APR 0 9 1999
ROUND ROCK, CITY OF Remit To: H -GAC
ATTN ACCTS PAYABLE P.O. Box 200127
221 EAST MAIN STREET
ROUND ROCK, TX 78664
COOP.001.99.22
CARS,LI TRUCK &MULTI P VEH
Due Date: 04/05/99
Item Unit Discount Total
Description Rev Quantity Price Amount Price
Ford Crown Vic 4DR V8
H -GAC Admin Fee
2FAFP73WXXX195492
Price of Items
Less Total Discount Amount
Plus Total Sales Tax
Please pay from thLLoice Total
INVOICE
Houston, TX 77216 -0127
0.0000
Account: ILA90 -074
Customer P0: �D91'�
Invoice Total: °6,674.79
Bill Number: CP99 -0222
1.0000 20,491.00 0.00
1.0000 183.79 0.00 183.79
0.00 0.00 0.00
20,674.79
0.00
0.00
$20,674.79
Invoice Number:
Date: 05/03/99
To:
Terms:
Project No.:
Project Name:
Item Number
VE98- 01- X4016BF
ADMIN -822
AN EMAIL DUPLICATE
3 $
ROUND ROCK, CITY OF
ATTN ACCTS PAYABLE
221 EAST MAIN STREET
ROUND ROCK, TX 78664
NET 10
CO0P.001.99.22
CARS,LI TRUCK&MULTI P VEH
Due Date: 05/13/99
Remit To: H -GAC
P.O. Box 200127
Item
Description Rev Quantity
Ford Explorer 4DR 4x2 1.0000
H -GAC Admin Fee 1.0000
1FMZU32X5X1B34382 0.0000
Please pay from this
INVOICE
Price of Items
Less Total Discount Amount
Plus Total Sales Tax
Invoice Total
Houston, TX 77216 -0127
Account: ILA90 -074
Customer PO: 0913
Invoice Total: 23,067.06
Bill Number: CP99 -0217
Unit Discount Total
Price Amount Price
22,862.00 0.00 a
205.06 0.00 205.06
0.00 0.00
0.00
23,067.06
0.00
0.00
$23,067.06
To: ROUND ROCK, CITY OP
ATTN ACCTS PAYABLE
221 EAST MAIN STREET
Terms: NET 10
Project NO.: COOP.001.99.22
Project Name: CARS, LI TRUCK&MULTI P VEH
Its Number
VIM $
1PaEX17M0XNC 86'
TA9
r c
Due Date: 08/00/99
6It�CD AuG 0 2 1999
Invoice - 1u ber: INV- 0000003689 Account: ILA90 -074
Dater 07/29799
Remit To: H - GAC
P.O. Box 200127
ROUND ROCK, TX 78664 Houston, TX 77216 -0127
Customer PO: 0920
Invoice Tota1: $18;276.48
Bill Number: CP99 - 0223
Item Unit 'Discount Total
Description Rev Quantity Price Amount Price
VE98- 01- 14531CP - -' - Yard 1/2 Tan 7150 1.0000 10,055.0000 0.00 18,055.00
Supere.D Ve 185 - -
0 -0000 0.0
Price of Items
Less Total Discount Amount
Plus Total Sales Tax
Plus BOAC ADMIN FRB
Invoice Total
0.00 0.00
.is;055.00
,
0.00
Vk
Yavoic� Nembe
Date
To: ROUND ROCK, CITY OP
ATTN ACCTS PAYABLE
221 EAST MAIN STREET
Terms: NET 10
Project No.: COOP.001.99.15
Project Name: EARTH - MOVING EQUIP
Item Number
ROUND ROCK, TX 78664
RECD MAY 0 7 1999
Due Date: 05/13/99
Item
Description Rev
Remit To: H - GAC
P.O. Box 200127
flaaatity
HE98- 89X -11 John Deere 7775 Skid 1.0000 29,010.5800
Steer Loader .
ADMIN -815 8 -GAC /dodo Pee 1.0000 478.6700
0.0000
0/11 KV0250A150321
0.
Price of Items
Less Total Discount Amount
Plus Total Sales Tax
Invoice Total
Houston, TX 77216 - 0127
Customer PO: 953
Invoice Total: 029,489.25
Bill Number: CP99 - 0230
Obit
Price
Account: ILA90 - 074
Discount
Amount
0. 00
4q
Total
Price
0. 00
29,469.25
0.00
0.00
'-; }7M89.25
To:
Invoice Number:
Date: 04/28/99
Terms:
Project No.:
Project Name:
Item Number
VE98- 01- X3531CG
ADMIN -822
INV- 0000003116
ROUND ROCK, CITY OF
ATTN ACCTS PAYABLE
221 EAST MAIN STREET
ROUND ROCK, TX 78664
NET 10
COOP.001.99.22
CARS,LI TRUCK&MULTI P VEH
Item
Description
Ford Super Duty
15,000 GVW Utility
Body Diesel
H -GAC Admin Fee
1FDXF46F4XED92280,
1FDXF46FBXED92279
Please pay from this
INVOICE
Remit To: H -GAC
P.O. Box 200127
Due Date: 05/08/99
Rev
Invoice Total
Houston, TX 77216 -0127
0.0000
Account: ILA90 -074
Customer P0: 0915 & 0915 -1
Invoice Total: 53,671.12
Bill Number: CP99 -0218
Unit Discount Total
Quantity Price Amount Price
2.0000 26,597.00 0.00 53,194.00
1.0000 477.12 0.00 477.12
Price of Items
Less Total Discount Amount
Plus Total Sales Tax
0.00 0.00 0.00
53,671.12
0.00
0.00
$53,671.12
i'
DEALERS TRUCK EQUIPMENT CO., INC.
66I0I0 EAST BEN WHITE
V,1151
NUSTIN, TEXAS _78741
0`,12) 385 - 7755
FINANCE CHARGE OF 1 1/2% MONTH: IB% APR
CREDIT TERMS: 1% 10 NET 30 DAYS
* * * * * * * * ** PAYMENT OF BAILMENT VEHICLES IS DUE UPON RECEIPT * * * * * ** **
FEDERfL I.D. # 72 0365631 PLEASE MAKE PAYMENT FROM INVOICE
-- - - -- REMIT TO: P.O. BOX 83133, BATON ROUGE, LOUISIANA 70884 - 3133
mimP TO
ROUND I ROC r ,
P.O. #0000001659
ARCl29 CITY OF ROUND ROCK
221 E. MAIN STREET_
ROUND ROCK TX 78662
By:
am #1 '74=
T D Qty Description•
'Price
Amount
PAY THIS
AMOUNT
IS AM EMAIL DUPLICATE Please pay from this
Invoice Number:
Date: .'
To:
Terms:
Project No.:
Project Name:
Item Number
VE98- 01- X40168F
ADMIN -822
ROUND ROCK, CITY OF
ATTN ACCTS PAYABLE
221 EAST MAIN STREET
ROUND ROCK, TX 78664
NET 10
COOP.001.99.22
CARS,LI TRUCK &MULTI P VEH
Ford Explorer 4DR 4x2
H -GAC Admin Fee
1FMZU32X7XZ334383
I
Due Date: 05/13/99
Remit To: H -GAC
P.O. Box 200127
Item
Description Rev Quantity
Price of Items
Less Total Discount Amount
Plus Total Sales Tax
Houston, TX 77216 -0127
0.0000 0.00 0.00
Invoice Total
Account: ILA90 -074
Customer P0: 0919
Invoice Total: 23,067.06
Bill Number: CP99 -0222
Unit Discount Total
Price Amount Price
1.0000 22,862.00 0.00 afealla
1.0000 205.06 0.00 205.06
0.00
23,067.06
0.00
0.00
$23,067.06
Invoice Number:
Date: 06/23/99
To:
Terms:
Project No.:
Project Name:
Item Number
ROUND ROCK, CITY OF
ATTN ACCTS PAYABLE
221 EAST MAIN STREET
ROUND ROCK, TX 78664
VE98- 01- X4531CF Ford 1/2 Ton F150
Supercab V8 LWB
1111111
N EMAIL DUPLICATE
NET 10
COOP.001.99.22
CARS,LI TRUCK6MULTI P VEH
Item
Description
VIN #
1FTRX17W6XKC0469
Due Date: 07/03/99
Rev
INVOICE
Remit To: H -GAC
P.O. Box 200127
Price of Items
Less Total Discount Amount
Plus Total Sales Tax
Plus HGAC ADMIN FEE
Please pay from t hi s —. Total
Houston, TX 77216 -0127
0.00 0.00
Account: ILA90 -074
Customer PO: 0920
Invoice Total: $18,216.94
Bill Number: CP99 -0223
Unit Discount Total
Quantity Price Amount Price
1.0000 18,055.00 0.00 18,055.00
0.00 0.00
0.
161.94
$18,216.94
Terms:
Project No.:
Project Name:
Item Number
VE98- 01- X4511BF
S AN EMAIL DUPLICATE
NET 10
COOP.001.99.22
CARS,LI TRUCK6MULTI P VEH
Ford Ranger Supercab
V6
VIN *
1FTYR14V9XPB72484
Due Date: 07/03/99
Invoice Number: andillallIM
Date:
To: ROUND ROCK, CITY OF Remit To: H-GAC
ATTN ACCTS PAYABLE P.O. Box 200127
221 EAST MAIN STREET
ROUND ROCK, TX 78664 Houston, TX 77216 -0127
Account: ILA90 -074
Customer P0: 0924
Invoice Total: $14,969.07
Bill Number: CP99 -0209
Item Unit Discount Total
Description Rev Quantity Price Amount Price
1.0000 14,836.00 0.00 .41 "iA
0.0000 0.00
0.00 0.00
Price of Items 14,836.00
s Total Discount Amount 0.00
Please pay from thin Total Sales Tax 0.00
Plus HGAC ADMIN FEE 133.07
INA710111110[Epice Total $14,969.07
ESTENDEI:
AMOUNT
ARNOLD OIL EQUIPMENT COMPANY
P.O. BOX 6337
AUSTIN' TX 4 78762'
**x INVOICE * x 3 ** INVOICE;, #xx
CITY OF ROUND ROCK
t 221 E MAIN
ROUND ROCKY TX 78664
ORDER # —'82- 08437
RECEIVED 13
•
INVOICE
XXX
CITY SHOP ADMINISTRATION
901' LLf1MER PETERSON PL.
.ROUND ROCK TX 726
112218-5565
ORIGINAL
Terms are net 10'^ prox. A finance charge ,011% per month will be
assessed on peat due balances. All ctalme,¢nd shorlppea.must be
reported on the next business day after receipt of Merchandise. An
returns subject to provisions of our return policy.
STATEMENT
McCOY'S LAWN EQUIPMENT SUPERSTORE
8540 RESEARCH BLVD.
AUSTIN, TX 78758
M SALES 453 -7540 SERVICE 453 -8062
,73 ° \°S RECD APR 2 3 1999
CITY OF ROUND ROCK PARKS
T P.O. 9556
0 22EAST MAIN ST
ROUND ROCK TX 78664
THIS STATEMENT REFLECTS CREDITS AND CHARGES MADE THRU THE STATEMENT DATE
=RMS: Due in our office b
5% per month (18% annual
/voices not paid by 10th
TOTAL DUE LAST STA
)4512 PURCHASE 1160
TOTAL ACCOUNT BALANCE
10th of t
y) will be
f month fo
EMENT
4/20/99
F BALANCE DUE ** *PAY THIS AMOUNT - )
E* 30 DAYS PAST DUE •79.98
* ** ITEMS NOT CLEARED ROM PREVIO
/9772 PURCHASE 1071 2/25/99
• BALANCE DUE ** *PAY THIS AMOUNT-)
3
DEP
** *
he month.
charged for
flowing stmt.
471 fo ►
37, 769.98 ' +�
37,769.98 *(
*P.*9 PS. MAI io xmuN song err*, Sand .1 mum*
CUSTOMER COPY
JS TATEMENT * * *OPEN ITEMS PRIOR STMT **
i
r479.98 PURCHA 479.98
.37,769.98 *- AMOUNT DUE ->
w .N
S
37789.98
INVOICE
STATEMENT
F McCOY'S LAWN EQUIIML:NT SUPERSTORE
8540 RESEARCH BLVD.
O AUSTIN, TX 78758
M SALES 453 -7540 SERVICE 453 -8062
3005?
R
CITY OF ROUND ROCK PARKS
T P.O. 9556
0 22EAST MAIN ST
ROUND ROCK TX 78664
THIS STATEMENT REFLECTS CREDITS AND CHARGES MADE THRU THE STATEMENT DATE
- '•e .�^ _..k`...,:
TERMS: u.=in our office by . hTof t
1.5% pemanth (18% annually)'a11 be
invoices not paid by 10th of month fo
TOTAL DUE LAST STATEMENT
30638
- TOTAL U 5/ 12/99
* ** BALANCE DUE ** *PAY THIS AMOUNT -)
* ** 30 J DAYS PAST DUE 37,c190.00
* ** 60 DAYS PAST DUE
* *+Ei ITEMS NOT CLEARED FRUM PREVIOUS STATEMENT;
299772 PURCHASE 1071 2/25/99 479.
304512 PURCHASE 1160 4/20/99 3 0.00
1 u
BALA NCE DUE ** *PAY THIS AMOUNT -) 49.669.90
See n. „5. ,rde re m,.nare A017.11114 regardng p., noll ott „W.. III, errors Sena
Y CUSTOMER COPY
• ruc nR • Sea w° me... Toe moony. nlgnrdag.n regarding your VII u disc. halo ea. Sena W •w..s ro
REASON FOR PURCHAae. •+'. • -- - CrUSTTOME RO PY
9.98
5/20/99
5/20/99
*IN*
*a *
e month.
charged for
lowing stmt.
37 769.98
49,669.' ' *
1 49,669.98
AlD
McCOY'S LAWN EQUIPMENT SUP
8540 RESEARCH BLVD
AUSTIN, rx 78758
AMOUNT ENCLOSED
CITY OF ROUND ROCK PARKS
P.O. 9556
22EAST MAIN ST
PLEASE DETACH AND F ENRN TNS STUB WITH REIaRANCE
PLEASE INDICATE BEING PAID /
BAL LAST STMT
306381 PURCHA
BALANCE
* AMOUNT DUE ->
AMOUNT DUC -->
Mae coin-Finance Yslkre coPY'Pnrch
Green Copy-Receiving Pink copy-Department
37769. 98
- 12900.00•.
49669.98
49669.98
* *OPEN ITEMS PRIOR STMT **
299772 PURCHA 479.98
304512 PURCHA 37290.00
49669.98
- 1rV`r_C-e.rk
- � co - - 3 o03
p 2,199
er: INV- 0000003689
/29/99
ROUND ROCK, CITY OF
ATIN ACCTS PAYABLE
221 EAST MAIN STREET
ROUND ROCK, TX 78664
Terms: NET 10
Project No.: COOP.001.99.22
projeCt Name: CARS,LI TRUCK&NULTI P VEN
VIN 8
1FTRX1780XNC
¶,45 °- °! °I l la l (#
a E MIan_e
Due Date: 08/08/99
Remit To: H - GAC
P.O. Sox 200127
Houston, TX 77216 -012
Customer PO:
Invoice Total:
Sill Number:
On Discount Total
Item quantity Price Amount Price
Item Number Description Rev
1.0000 18,O55.000O
0.00 18,055.00
Paid 1)2 Son 3100
V698- 01 X Supereab VS L13
0.0000 0.0000
0.00 0.00
Price of Items
Less Total Discount Amount
Plus Total Sales Tax
Plus SGAC ADNIN PS3
Invoice Total
Account: ILA90-074
0920
$18,276.48
CP99 -02
8, ass .00
— 0:60
0.00
Invoice Number: INV- 0000003077 Account: ILA90 -074
Date: 04/23/99
To
Terms:
Project No.:
Project Name:
Item Number
VE98- 01- X4016BF
VE98- 01- X4526CF
ADMIN -822
THIS IS AN EMAIL DUPLICATE
ROUND ROCK, CITY OF
ATTN ACCTS PAYABLE
221 EAST MAIN STREET
ROUND ROCK, TX 78664 Houston, TX 77216 -0127
NET 10
COOP.001.99.22
CARS,LI TRUCK&MULTI P VEH
Item
Description
Ford Explorer 4DR 4x2
Ford 1/2 Ton F150
Supercab V8
H -GAC Admin Fee
VIN #
1FMZU32X0XZB34385,
1FTRX18L4XKB45760
Due Date: 05/03/99
Rev
Please pay from this
INVOICE
Remit To: H - GAG
P.O. Box 200127
Customer PO:
Invoice Total:
Bill Number:
1.0000 405.99
0.0000 0.00
Price of Items
Less Total Discount Amount
Plus Total Sales Tax
0925
45,669.99
CP99 -0210
Unit Discount Total
Quantity Price - Amount Price
1.0000 22,862.00 0.00 22,862.00
1.0000 22,402.00 0.00 22,402.00
0.00 405.99
0.00 0.00
45,669.99
0.00
0.00
Invoice Total $45,669.99
6 li j
sat Mb.: CCOP.001.99.22 Due Dots: 07/10/99
se! Manna CARO.LI TRDps&MDLTI D VsR
Iesm /amber
vsOe- 01 - x4s26as
Ot
STRUT
secs. TX 7 4664
Xt.=
D escription
lord er.b c4 x170
i
VON 4
19 TOX 171 :9II004644
Rev Quantity
HGAC FINANCE FAX
Retie To: 8 -OAC
R.O. BOX 200127
0.0000
touston, TX 77216 -0127
Customer POI
Invoice Total;
Sill Nt2 be .
1.0000 19.217.0000
Price of Ie®s
Lees Total Discount Amount
Plus R n A P
Invoice Total
Apeman!: ILA90 -074
0019
5
CD99.0222
Unit Discount
Price t Total
'rite
0 .0000
0.00 11.207.00
0.00
0 .00
1 0.207.00
0.00
0.00
104.02
$
- "ra g it `lgiteo,
- `//.8y
e002