HomeMy WebLinkAboutA5925 - TEXTRON FINANCIAL MASTER LEASE AGR FOR SVC VEHICLES FOR TAHQUITZ CREEK GOLF RESORT 12/04/2008 12:S4 FAX 7003228332 PATY SPRINGS CITY CLBR6 0002
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I MASTER LEASE AGREEMENT
1. Please road the enikeldoarment carehdly before you sign. With attain exceptions,WE Master Lassa Agreement
(the"Lem")has ben)writen in"plain EngtaV When we use the words"you'or'your,"we mean the lessee in
the Lease. When we the words"We;"us"Orr'our,'we mean Textron Fkmdd Corporation sailor lessor.
You agree that the In dud who has exeeufad ew Lease on your blot has the authority to do so.OldwyAse and
upon Our request will provide us whh a centrals or resolution of authority Of On Individual authohirod to .
execute the Lease on behalf.
2. LEASE:You agree to rasa frorn us be equipment(the-EgmdpmahY)deactb W on each schedule which may 110 ONSOM
from time to tine by you end us and IdeMllfed as a schedule to the LONG (the'Sdedude(s)'). Each Schedule will
Incorporate the tame 4tt is Lease. You au0adxe us to comsd eras In the kdom1VWn oor/ained in Ode Lease and
applon"Soni dule(s) , enter aatlltlael omitted KWMU n. We W91 send You a OW Of the teal version of this Lease
and applicable S This Lease,once executed in a nuecanhxxleble complete and exclusive sta mwd of
your and our agreedent for the lease of the Equipment and may be modified in writing only. WE ARE
INDEPENDENT OFF SUPPLIER ("SUPPLhgth AND MANUFACTURER ('MANUFACTURER' AND NO
EMPLOYEE OR A OF THE SUPPLER OR MANUFACTURER IS AUTHORIZED TO MODIFY TOS LEASE OR
MAKE ANY REPRESE ATION OR WARRANTY ON OUR BEHALF.
3. TERM: We agree that cis Lease fa a'Finance Lease•as defiled by Section 2A-103(g)of to Unicorn CamnaCm Coda
rUCC7. Ycu abler(a)that you have reviewed and approved any wrhhm Supply Contract(as defined by
UCC 2A-1t13(y))Covedt tle Equipment purchandi Dom to'SupixW(as defined by UCC 2A403(x))a(b)tlet we have
Irdormnad o advised you in wring,eltherprevlously or by has Lease are tdawkg: (f)tle hderary alto Supplier:(g)set
may have under the ui*Contract. The I will bap u Cor0radt and(ill)that pon O�ir vediwD contact oen of your sooapoo nce of ttefor dewApton�Equipmany�Trio
Tern may,be extended 6derthe circumstances sped0ed in Section/4(Me'Extended Tend).
4. RENT: You w� peyy in the aniounge) and at do imp spedtiad on to applicable Sdadaa(4 willuxut
abatement for arty The &A rental peymem will be spefAed On the applicable Sdedule(s) Of this Leese.
Subsequent cola will be due an the day of the morsh spedied in the Schedule. IF ALL OR PART OF A
RENTAL PAYMENT IS WO'T PAID WHEN CIM,WE MAY CHARGE YOU THE GREATER OF i2•M OR 10%OF THE
AMOUNT PAST DUE. We well determine One order in which your peewee are appsed m your Oulelendkg.ObigedOre
robegaaons)--"to 45-
5. DELIVERY. ACCEPTANCE If requested by us. within live (t) days don deMvay Orel heaNletbn of the Egnapmxwnt
Identified an a SchwlulK you will sign and defter an acpaplammce certicale (•ACreptiffM 1 7 cwabv
#0
EgWpmad or*am wribn notice spedWg any dded in orotlsrvoid ob0c0on to your sco pmrKa orthe Equipment
In
tie event tat we recoW written notice from you that the obr*amd patq has not oonreded the doted Wmn4 V ty(30)days
from our receipt wv.wMi%Id be obligioded In lease the Equipment io you. Your ex9coom of an Acceptance CelWcate WE
conclusively estobish that the Equipment covered has been axepfed by you. _
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6. TITLE AND SECURfTYiINTEREST: t you have an option to padhaae the Equipment aides and of the Ism for b fair
market value or an 69"Is of fair market value,we have tie W the Equtpmant In all other casm you have the to to
Equlpmerd 80 took iie:arerny,from rue Supplier or MOrxdeebaer. K you have file to the EgWpa at.You graM us a
secto* Irderea t in the gapma t end itsWomasiono to secure eo of your present NO futm Ob lgstore owkp to our
of ilew or us_ You we%permit any party oter than us to have an kft*d in sea Equipment of Mquesled by M YOU Will
allow up to display our or Securitykteest on the Equipment AN
WE WILL FILE FINCNG STATEMENTS IN
YOUR NAME COVERIN TT1E EQUIPMENT AND rM ACCESSIONS.To A~seance the Obfp�Ona.YOU tTMd us e -
security interest In any collateralrAddiimed Collerorar)specified on a Schedule in this Lem, Any security
e le pledged
deposit the as%dditonal Collateral will not earn ant will will be cmrm*l led with WOW"iehde.
7. SELECTION. PURCHA* AND QUALITY OF EQUIPMENT: YOU SELECTED BOTH THE EQUIPMENT AND THE
SUPPLIER OR MANUFACTURER WE ARE LEASING THE EQUIPMENT TO YOU •AS IS' AND MAKE NO
REPRESENTATION Og WARRANTY OF ANY KIND REGARDING THE EQUIPMENT (INCLUDING IMPLIED
WARRANTIES OF MXROHANTIBILITY. FITNESS FOR A PARTICULAR PURPOSE AND ABSENCE OF
INFRINGEMENT). YOU(t OBLIGATIONS UNDER THIS LEASE ARE ABSOLUTE AND MAY NOT BE REDUCED OR
OFFSET FOR ANY ON. THOSE OBLIGATIONS WILL BE UNAFFECTED BY THE LOSS OR DESTRUCTION OF
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THE EQ HE ONi EQUIPMENT. DISPUTE DISPUTE WITH ANY PARTY ABOUT T PERFORMANCE OR SERVIC OF THE
EQUIPMENT OR *OBSOLESCENCE OR DIMINISHED UTILITY OF THE EQUIPMENT. YOU ARE THE
BENEFICIARY OF ANY PROMISES OR WARRANTIES EXTENDED TO US BY THE SUPPLIER OR MANUFACTURER
AND YOU MAY CONTAICT THE SUPPLIER OR MANUFACTURER FOR A DESCRIPTION OF THOSE RIGHTS-
8. USE, REPAIRS AND sfSERVICE: You Wit use On EpApment for wm=wfal PUP0400 may You wig not aller 0% -
Equipmeed,albw R to b i used by anyone oiler man you,your employees.Of your inflicea Or wllaW our Permission ewe I
to a bastion different 6om the equipment Walton I 'oe the applicable Sd«odle b this Laws(It*Miepnwd
Location-). You will not permanently kdegtats tie EgWpmeM with any realty and It will remain Pend proPedy- You wll
use in Eµ4Nrront ord)jin the manner for with R Vass teen I hasp It n good co ditor and err, kinaccordanDOwith
the manufa Curses inst votons. AN replacement parts end additions to the Equipment ether become our INOWly err WAS
a and to err tiwust we premise that as lag as you ale not in del" unoW the terms of the tease or
Sche0*6),you may rF ossess and urea Me Equlpmerd In accordance will Oft Leese. You warrant that Ore Equipment aril
not be used or oPerated in vidadon of any yew.&Ifhmce err gwamnanfal regulalbn-Upon pepw able notice to you,we or
our designated agent,spay during normal business hags.INIPed the EWPO at and Me meaAwas "scoffs patairing m
the Egtiiprtnari i
n
9. RISK OF loss AND RANGE:YOU BEAR THE RISK OF LOSS FOR THE EQUIPMENT FROM THE TIME THAT IT
is. SWPPED TO YOU DURING STORAGE,UNTIL R IS RETURNED TO US AT THE DESTINATION SPECIFIED
end
US- You WIN Real)the 1 quipment insured for Is replacement cost wdfor casualty bee value,agaimt al
YOU vAl name us as U68 Payee on any policy. O we state a weralty lose Value(me Teausipr Lose VeWe7 it Will be
retieaed in the applicable schedule. Each policy wR Previte(a)for no foes Ian Wrty(90)days prior when OatiGa Of
cancellation or non-renewal to us;(b)flat such policy will not be Invalidated agNat us or our assigns for any vblNion of
arty term or the Policy 4r Your application 5arekr,(c)that such Ir a cares is pdnrary aaerarre and any olla i axa nce
eavedrg us or our assigns vAu be secondary aw excess of such post:and(d)that such Policy WA be in amount
a with Insurers Otis to us. K we have tO the Erpdpmwd,you wW See,
carry pulft saw knever".Is an
amount spedW by uston me applicable S&adule(s),tan ft us as an Additional insured. it you fat to provide us wYh
evidence ofsoch .we may Purchase kwxmw covering to E"Ovent Gad boa t Use Only. You vA Pali us for
as Coat Of sash' We Will promptly discontinue any imunmea that we have puctowd prOtecttig our hi- In
the Egdpn a rt when yeu Preside us with evidence Of your own Irauratar MOV Me ragWw'ana of this Section- YOU.
GIVE US POWER OF!ATTORNEY TO ENDORSE AND NEGOTIATE CHE M PAID TO YOU AS PROCEEDS OF
INSURANCE REQUIRED BY TINS SECTION.
10.TAX: You we for all taxes and Omar fees anposed in connection m Ot tee Leone.use Or ownerdip Of the
Equipment(manners Z use end propabr fences). if we have tille to On Equipmerq;we will Pay the mom"Property
fuse& We WB either you b reimbnaae us forme&mount Oat we Pay awe wit eaminta ma annual chase ale bill you
a ratable Portion with each renal peymaa. - -you w O hava the option to Pay a mmtHy fee bated on a percentage of the IDW east or me,Eopmeat In mu of paying
actual PLOP"taxes o Equipment(a'Prop"Tax Fee Prcgrain*. The amount of Ota P"opml y Tax Fee Pm9raa
Thal bs bawd a the a property tax ty been
on ae the stele n W�das Property
ee�am an witl 0- of
aha2 SOMA On a
Ouse amount rrecesaerY I Pay ectrid property taxes on Mae Equipnai
marft bads Or in eorikesion with rant due as sp&dw in the applraba Sdiedule. If me Property Tax Fee Program is
not augiderrt to pey�taxes levied or mawwd apeNst antler Pere by us Man yanl wltl be pitied for errdu actual
pup"texas. PLEAS. CHECK THE BOX AND INITIAL W YOU WISH TO PARTICIPATE IN THE PROPERTY TAX�
PROGRAM. O Ialhis
I i.INDEMNITY. You WIN I us (using counW approved by us)against all dome, RabiNea vJIK losses wd cub
(h*ding% a of )relating to the Equine rt or INS Lease,ncludng Dow arising One Oa marafadurs,hatallation,
have
toe,use a qua u will reof the imburse Equipment for myy econo asaj you arm mic�resulting ban an edvwea&huge i n Oa mcw y
have qua to he EquipmEnt,yo
ptxlod(e)err One na000(6)avatistie for tie C-griprrnea- These hndermWn survive the termination or e>WOadoru
offers tease.
12.DEFAULT You will be la dafault under ibis Loom N wlNn tan(10)days notice from ur. (a)YOu fad lo realm ary payment
required by terms as,boan the apptimbie Sdaduls.(b)you IRV to comply wad,any oOar tam of this Lease or any attar
agreement with us or en alliab or ours,(c)you or any guarantor of Yew OblDellons dem bwware a tdgnilcari portion of
your aseeK or goes 4 uY business or(rQ you or any guarantor of your Obllgabaa becomes inwlveM Or s bjai to
bardeuPlov.rewNemMlor Welter reorga lMon or liquidation proceedings. IT We waive year performance of any term of
We Lem at one or mom times,it wTl not p vciude us from enforcing pat term at a later time.
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i Upon your us for the las of
1 S.REMEDIES AND RECt?YERY COSTS:U rlefarrl urdetthts Lease.you vr0 PromplY
our bargain(Se ' y. The amount of the Demeves lute be doWnined as of Ole time that you males Payment to us
for the Damages and be equal to tie sun Or (a)all pest due amounts oft raAW Oft Lowe,(b)an eon-As of any
property tax W"we owe for the Equipment(c)an amounts due and yet to become due under this Leese,and(d)in
the event we do not possession of the Equipment or any dase9s to tie Equipment dmtrictes our anticipated
Equipment residual the amount or any nominal price or estimated fork market value psdeee option or In the cove of
a fair market value patpaea option,Ora residual vane watcih we a peclad to reelee for to Equipment- When alcnteWg
the Damages.as amour which would oOt ewlso be payable at some future date will d be wmx*d to present vane at rife
rate of 5% per year. a may also terminate Oils Lease and Wagons you to rebkn Ore Equipment to we an the manner
specified in Section!4. If you dal b do eo,we may go b the EquipreM Location and repeasese tie EqulPmeM- We may
sit or m4=se the F.gni�fnt ,em- Uwe so or re4gesa One Equipment,we will as&you for LM present value of the 88te orre-
lesse proceede. We; provide you with ten (10) days advance notice of any sets of to Equipment. vtbdh you
ac#rewledge Is You Will be responsbb for all recovery costs that we Inver after a ddaub,indwtkq: (A)W8h
respect b any defaul frta Lease,you will reimburse es for 8100511 and arGpareea Moored by attormeys,wing
both our kftwuse 'and outside aftYW and paralegOW wh0Vw or not8 IsAMA or c0er oast action(a actually,
tiled In connection wM Ins event of ddaWt. In One evert VW a a^action,arbitration,or~proceeding of any nature.
ktckrSug.Without l ,any Woosedng urder The Bantaupicy Code,any action seeking a dedeaillen of dghte or an
action for m6clasluO Is to imerPMt or enlace rids Leeee.Including,txtnot Imled b such fees and coat associated
with UW and appals„ agree to pay the reasonable suonteys'fees keared In connection with such pmosedi g as
smWed by the court(f s250.00to cover our ktsroal cdteLtion,owmismad repossession end remarketing overhead.
14.PURCHASE OP710H Aim RETURN OF EQUIPMENT: If you hero performed eft of ymr ObYWXQM contained in this
Lease,you may keep 49 Equipment at de expiration of Ore Term,or any,Etddded Term,for One purdme option Price
oped8ed on Oe aWkWO Sdwduia. U to prrchase option pia is fair mental value.we will specify the Tore ratan venue
that you mutt pay to pun*ase the Equipment from us. UNLESS YOU NOTIFY US OTHERWISE. OPTIONS FOR
NOMIR AL EXCEEDING THE AMOUNT OF THE HIGHEST PERIODIC RENTAL PAYMENT WILL BE
DEEMED EXEROSED;AND SUCH PRICE WILL BE ADDED TO YOUR FAIN_RENT PAYMENT. In al cosy cans,you
must notify us 0f your, tD luep or return the Equgxront no room than one hundred twenb(120)days and no less
than site(�)toys tie evha6on or Ole Term or any Ecdandad Trim lf you have Ole to the Equilmnert you will
transfer title to us free �or Lease
oadd ark I�tyve(12not ��at#a� or
own
m Equipment,we miry
the applatte Schedule'Your pnrdreae of tle Equipment from us will be.
WHE2E48.` If you deckle Webs, in
Eq 4 you lull ship the Equipment b a drethhalton sp dW by a et your expense. The Equipment Return
Standards for golf and equbmant we as blows:(a)Equipment must start.stop and ban PrsPeriy:(b)medaremlY andcoomedolOy,aI component Parts.and ebedanartls(if any)will be returned complete end In operable condition
according to the ory setae, reasonable leer ex
le wear and apled: (o) all EgWproerd otnl lava sarvbeabb
dradrollerarbladim wlh. remaining treed,retaining Proper air promm,end wlhmA repat patches:(d)all Equipment
will be Dee of any abuse damage:(e)ebddc goircars moat:(0 be ru vah capable or being dd we a transporter,(a)able b
transport two(2)POG& their golf dubs and:(rd)Pall bbatteries
batte and
chargers;�nkfale must be dean,free of condor sal
shiest m�j eseeal ON orttery loosir.and )bodyftdamage not to exceed one Nmdred tlM lawn�olore($1 or 00��boos r must ust be
removed from ELM leavkg tie body Reim without any aaalctlee:(IN)an gaugeswill be opera".�baftarrn able to
take a drape, any W4 alarm systems must be Wily operative.al di and Quid levete b rmnufecarnarE apediwOonse.
power train,to hx*rde and hWwnbolW4 and wdn must operate WKtdR maofaWaers spedOaftm;(M ail oAft
Lens[Uapplkeble)meal able to lower,turn am ten"and shut oft as heY are Lledgned to d0;lh all r1BI^tena^0a resets
to be gMen to us at erfd}nf Lena Tenn: (9)ony missing Equpuat and Parts or dermap to to Equipment lull andt in a
separate bldkhg b you al eaemert Cost or fear market value:pq upon inspection by us or our designee,you will lave the
opprttmriy b Parform repairs raaeaery, at your expanse. to oompty with dese Egaipnot Realm Standards. If
applicable,for each of Equipment which has an hour motor attach (1fe`tAstn')you will pay the amount as
reflected on pa Schad as supplemental rent(`Supplemental Rent')for each hour of use vddch is in excess of the
maximtrn allowable per year as reguhated by he Hater far such Equipment Its nu*n rm allowable hours will
ddaays klordiliedwrite der0and. F 4"of Equipment orhere@en golf Or�bearfryou v�payt wile foor"damage t within tano Me
Eghbp nwg in axis dgdkmry weuard tsar
15.T ASSIGN YOUR ROM OR DELEGATE YOUR OBLIGATIONS UNDER
HI LLEAASSE OR SELL BLEf THE EMAY QUIPMENT IPMENT wMiOUT OUR PRIOR WRITTEN CONSENT. We mry tender
our interest In Oils LwWpr the Equipment at any time. If that happens,tie rights of tie new owner of this Lease to receive
rents and otter smorntspnder We Lease lull not be subject to any d9irm or defarese that you ray tore against us or arty -
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12/04/2008 12:55 FAX 7604226332 PALI SPRINGS CITY CLERK Woes
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16.LOUISIANA PROVIS44.-If you have tills to EwOnant Ural is located in Lv dma,You ardaw ludlmerRU ON favor in
tlm amount of the IMInages and other racovarabm mats speciliad In Section 13. In the ace Of cwardl, We may
tmm ftW adze that)_Wipmmt Pwsuent to moearmry MOOM eat set it m to Wad bidder. You Wain an am"
prof oWs a6utlad toj you in Connection with such sett" and sale, ividN dghfs to IIOtDe, demand, delay and
apprelewwd contained In articles 2203,2331,2332,Mk 29M 2721 ituotgh 2724,and 2733 of the LOI/slena Cade of
Chi Procedure. I
17.M0T0R VEHICLE TITS:ForthosesIMMOW107MM9 of Urn EVAYNK you hrabY aPPOM ua w dldne}in-W
to appy far and obtain y'x6 ocean or doasneMs of 50e on your te1Wf and to retsin poamim of such ODCUnWOMm unfit
oblegatoas have been sstallad. .
I IL FAXED DOCUMENTS. t you transmit to us by fax Oft Leave,any add&,&=or Schedule to We Lease or any other
docuAWK witt tnrtetan,tha oraa epptCe6on,any guemly or the Cerd&ate of ACaPIUMC9 OTths Equtgrssld,
theversiontie La aM addaMun,Schedule or~document.as reodved by us,WE co node to WOW or such
docur ent trod vAl be I kAV on you as R r M%*ape& we may beat and rely upon ably 16x MOM Of any such
docwnent es Ore sign9a original.However,no tax version of any rich eocur ent will become epean;and hindtg upon w
anti rreratety steed ce in our ollfae.If you dad to sign and banandi any document to us by Tax,You waive notos of
our aaeptenm Of such.IO=n9nt 00 weWe receipt of a ropy of90 aced downed.
19.GOVERNING LAW , PLACE FOR Sum This Leese and all SaedWa(s)it— w0 to awned to be a ennead under
the laws or the Sam/F Wand and for all purposes wo be g by and COMMIld In amrdmce with Me laws Of
Rhode Wand. You epee that any Iagat etl, or pmoeadig bough by or agatret you wMb reaped to the
Lease and 80 Stlred )dweto vat be brought in the courts ct the State Of Rhode Wand or in the U.S.DisMd Cart for
1te District or Rhode 1 You conserato tie Wullcilon of such courts and that the venue for any such action vabe the -
his Provision will not M*the
� Is assbM in Wing SUCh
actictic or proaeairge s�atrSt you In to cart of rich odw sW s OrluisdWOrlr what may be r+bied b Jud oa
loan
rnow
20.beuse you hm a� a option lore ominal pica.we do not intend 10 clerge you inhleneet exaesth O a
a lu
Mw d ram. Any Miami.Atecled in 0=96 oftfat*a vM be eppted 10 reduce your tom balerwv,or refunded to you.
1 LESSEE
TEXIRON FINANCIAL 1PRPORATXIN. CRY of Palm Sp*Mll CA
BY: Y: a
PRINT NAME BtuhlYA,b1t_ _ __ PRNYNAME: David
PRNTTIH.E AVPMMM PROMYril.9: or
9BB000757
i LLMSMS TA)t�MUTICIN NO-
r ATE 11-17-tWe
GATE: D
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add ws. a06aas:
Vendor Finance Division rt �'� 1695 Golf Club D&s
1451 Marvin Gffn Road4�GA 309M- Palm Sprig;CA R2282
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12/04/2008 12:57 FAX 7603228332. E PAIY SPRINGS CITY CLOR Q006
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AMENDMENT TO MASTER LEASE AGREEMENT
The Maser Lase Al1reemem dated 11-17-2008 by and between Textron Financial Corporation,as Lessor,
and City of Patin Springs,CA,as Lessee(the"Lease"),is amended as follows:
Section 4 of the Lossp is amended by doleting it in its eamety and replacing it with the following:
"RENT; You wil15ml
y us rent in the amount(s) and at the frequency specified on the applicable
Sehedule(s), withoudemem for arty ra am The first rental payment will be specified on&a applicable
Schedule(s)of this Subsequent rental payments will be due on the day of the month specified in the
Schedule.The rental¢ayments will continue for the number of months specified in the Schedule unless an
"Event of Nonapprop has owArod with respect to the Schedule,or we have terminated the Schedt le
pursuant to Paragra h 13. An °Event of Nonappropriedoa"means a non rasawal of the terra of a
Schedule by you, incd by the failure or refusal of your governing body to appropriate monies
sdaciant to pay Payments and other amounts payable under the Schedule for'your nett succeeding
fiscal period.You w notify us immediately of the occurrence of an Evtxu of Nonsppropriation under any
Schedule. IF ALL(IR PART OF A RPNTAL PAYMENT IS NOT PAID WFIRK DUE, WE MAY
CHARGE; YOU 'f* GREATER OF S25.00 OR 10% OF THE AMOUNT' PAST DUE. We will
determine the order ilr which your paymtnts are applied to your outstanding obligations("Obligations")
owing to US."
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Section 11 is deleted tp its datiraty and replaced with&a following•,
"INDEMNITY; To extent anthori2ed by law, you will defend ns (using counsel approved by us)
against all claims,liars,suits losses and costs(including Lees of counsel)relating to the Equipment or
this L.ease, including arising from the mamrfadme, instnu�^^, maintenance, use or ownership of the
Equipment and you frill promptly pay all such claims and costs as they arise. If we have title to the
Equipment,you will bum us for any econemie ions re midng from on adverse change in the recovery
pariod(s) or the d lotion method(s) available for the Equipment. These indemnities survive the
teirmmmallu n or expire of this Lease,
Section 13 is deleted if its entirety and replaced with the*following:
"RIi MDIES:IMMOiately upon the occurrence of a default under a Schedule or immediately after the Inst
day of the fiscal during which an Event of Nonappeopriatioo occurs,we may terminate the affected
Schedule or your righ thereunder and in such event repossess the Equipment under the Schedule,which
you hereby agree,at ypur ecpease,to surrender promptly to us at the location as we will direct You will
permit as or our agelits to enter the premises where the Equipment is located. In the event of any
mpoaresyi0n, you will execute and deliver all documents required to transfer title (if applicable) to and
possession of the Eqopmant under the affected Schedule to us, Bee and clear of all liens and security
inw e*.Upon reposa4ssim if any Equipment is damaged or otherwise made leas suitable for the purposes
for which it was manifictured than when delivered to you,you agree, at your option, lo= (a)repair and
restore the Equipment to the same condition in which it was received by you,and as set forth in Section 14
of the Lease,and at year cxpew%promptly return the Equipment to us to a location specified by as or(b)
pay to us the actual c"Its of the repair,restoration and return.
If we terminate a Scbeidula as described herein or an Event of Nonappropriation occurs under a Schedule
and you continue to osl the Equipment or if you otherwise whit to pay rem d payments due during a fiscal
period for which yourj$pveming body bas appropriated sufficient legally available funds to pay the uemal
payments,we will be t�ntitled to bring the action at law or in equity to recover damages attributable to the
holdover period for tNE Equipment that you continue to use or to the remainder of the fiscal period for
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which the appropriaAmis have been made.We will also be entitled to exercise any or all remedies available
to a secured party under the applicable Uniform Commercial Code and at ether rights and remedies that we
may have at law or equity.
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No right or remedy ' fared up or reserved to us as provided in each Schedule is exehrsive of any right
or remedy in any§don ude or at law or in equity or otherwise provided or pamiurd.No waiver of or delay
or omission in the elormse of any right or remedy as provided in each Schedule or otherwise available to us
will impair,affect or Iiic
as a waiver of its rights thereafter to exercise the sane."
Section 15 is dcletedlin its entirety and replaced with the following:
TRANSFER AND 4UBLLASE:YOU MAY NOT ASSIGN YOUR RIGHTS OR DELEGATE YOUR
OBLLGATIONS UISPER THIS LEASE OR SELL OR SUBLET THE EQUIPMENT WITIIOUT OUR
PRIOR WRITTEN QONSENT, WHICH WE WILL NOT UNREASONABLY WITHHOLD. We may
transfer our intem=i4 this Lease or the Equipment at any time. If that hsppens,the rights of the new owner
Of this Lease toroodive tents and other amounts under this Lease will not be subject to any claims or
defences that you mti, have against is or any other party.
I
Section 19 is deleted in its entirety and replaced with the Wriwing:
"GOVERNING LA. AND PLACE FOR SUIT:This Leese and each Schedule will be governed by and
construed in a M with Me Jaws,of the State of California, under whose laws you exist or are
organized_If say ptQF ision of this Lease or any Schedule is or becomes invalid,illegal or tmenfoeeable,
the invalidity, I] or u arifooceability will not affect the other provisions of this Lease or any
Sc hedul%which will) a valid and enforceable to the fullest extent permitted by law.The provisions of this
Lease and each will be binding upon,and will intuc to die beacfit of, our respoerve assigaces and
successors.The ipdcafnities and obligations provided for by you in each Schedule will continue in full force
and effect notwithsoluding the expiration or termination of the term of this Lease or any applicable
Schedule."
The Lease is amissidel to include as Section 21 the following:
"REPRESMAT I&S AND WARRANTIES: You repress and warrant that(a) you are a state or a
political subdivision. iddu the meaning of Section 103(c) of the Internal Revenue Code of 1986, as
amended (the "Code' (b) you have the power and authority under applicable law to enter into the
transactions corucmpl�ted by this Lease and each Schedule and have been duly authorized to execute and
deliver this Lease at each Schedule and to carry out its Obligations under each Schedule; (c) all
requirements have beta met and procedures have occurred in order to ensure the enforceability of this
Lease and each Sdhcklc,and you have complied with the public bring requireman%if any,as may be
applicable to the one contemplated by this Lease and each Schedule;(d)the use and operation of
the Equipment is ess that to your Proper, efficient and economic governmental operation:and(c) we are
acting only as a fuw:u= source with respect to the Equipment."
,
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ReriniooDow OSAn2 'i
12/04/2008 12:37 FAX 7603228332 PALM SPRINGS CITY CUM ®008
I .
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F
Fxcept as apecifirslly adtfied in this amendment,all other teems sod conditions of0u MasFvLm9e
Agreement shall r the same-
LESSOR: S (E SS m
TEXT'1�ON FINANCIAL CITY Of PALM SPRINGS,CA
CO RATION
By:
✓ � -
PritaName: Brest illin By: David Ready
Print Tide: AVP Pa City Manager
Date: g' S—,OP Print Title:
Address: Vend r Fiinan0e Division Data 1985 GoXClub Drive
1451 Iforvin Griffin Road Adds: Palm Springs CA MM
AuV*a,GA 30906 ,, v i.7f f 'r 7 t'I Q^•
t
e
i
y
i
311a�6pb102Sa1? �"" Lh41/f
' Ao�m�>Dt+MfjrMuoioprmctcN ��`L/J V
aearononcosw3 4 Y
TEXTRO
Lending help beyond expe=iolls.
SCHEDULE NO I PINTO TO THE MASTER EWWM NT LEASE AUNT
LGamp Nwo and Addraw Suotliar Name and Addles
CRY of Palm Sp tmas,CA EZ-Go Sou3um CNIKOMa
d6e_Taou32 Meek Gol[Club 14751Senpwn Aw*mw
1605 Got Ck6 Ddvo Caton CA 92679
Pain Sp,vW CAZM64
ifs So mUs mums ft Mowing EatlRMa 42010 E-2-00 RXV E
wth mP.told down whmWeld.wheel oovem and OFF,
�a�17.27, 509��aa, 5�94��,5094�30
Eqummud L�Snn: 1866 C»IFl2ufo Odve PaM$prilga CA 022t4
�gffig TERM:4a►laths
RENT PAYMENTS:Rat pay.... vdt ba due nnrthly n 49 paYmentsommwwft on / Oq ,and on th tams day of
each momh Hereafter and as epm xTmd below.
0. ERGh frond below do" -uckedo monbcable,lax
Yes Jr Fab mar I Am I am I dun I Jul oet Nov I Dee
2"
2mo S1S24 313.2 31324 M3.24 Mu 313.24 513 313.24 31124 Si 31324
2011 31324 _ t 3732a 3 91424 313.24 31 31S2a- 11324 315.24 313�4 913
2D12 313.24� 3t324 31324 313.24 3 324 313.24 IS1124 131324 1 M324 1 31324 131&24 1 M324
W13 31124 3 324 31A24 3144M I 31OLU 131324 1 31 24 131324 324 131324
do/
5. Paymettadwat Cl"rig (ircaWip any Lxeatappsrable)
Cauieang at.
C. SupplenamW Raft i /Y .'7" iom - lo
D. AddbonYColkltnL•
CASUALTYLOSEVALLPEfdanoiableyi elf-- MINIMM LLAMTY NS R ure-i t.OW.ODO.OD
END OF LEAK TERfd OPTION: Fai Mmbit Vdue
PRCMSIDNS:
Exaoutad and ogmadm on,
a 20L,as a Sciledtlb m and Parlof fie Mestxr Loaeo A9leement -
bahwan Latt snd Losaee d as oL 11 7,�DS.
LESSOR: LESSEE:
TEXTRO N V1L CORPORATION dlyof Pako S 'ngs.CA
PRINTMAYAM Pam MaEaeham PRINT NAME:
PRINTTI : A@mW*SwmAwv - PRINT TRLE:
DA7
DATE
i IN
APPROVED BY CITY Col p4ml
PB°'��+e WPaox ATTEST:
1aa..:msuo6
o11WlIC1e texwfG
. y Jerk '�r�
q �
Lending help beyond=pecanion6.
scHenULE NO 103MM T¢THE 1MASM KO PMCNT LEASE Ah'R MUNT
Lava Nana No Addrosw Snnstw Name and AddasC
City of Palm Splines,CA E Z.Gc sm,ftem CoMamis
dba:Teghut Creek GcaClub 1476 rasul aorl Almase
f ae5 Oalf Cinb Drive Cor"CA awe
Pain Spines CA 92264
ThiaSd"k*cwraonf ilowinaEm"ned:220t0Ed-CO REFRESHER 1200
Willi wheslaovra,hour motor,aq dispenser.and airpass.
SM,f&90.1/91 OA-z
End L4NUM IBM Goo Ckzb Dks Palen speroa CA 92204
�Fa_ec rcrlu 46 itootlls
REbj PAYMENTS-Rent pay jeOssvm be dv moeady to 48 pnymarac ompreancing an44g4S-20W,and on 6a same day of
"oh month thereafter and as spmTW babes,
0. a asbdbabwdoa a *tax.
rob 1 Mor I Aor I law I Jun 'Jul I AMM I San I Oct Oss
am
'�� 012M 012M i 012M 6129 612.69 01204 SIMS 1612A0 612.60 612.611 2. 012.0E
2p11 012" _i
672Ba s12.sa a12.ai H2d6 at2aa a1296 at2.si 61 Hzae $1 612.62
2012 01220' Bt2A8 612A0 61i a72J$ 2.00 a12A0 Aa 2.06 012.55 61 . 612M
3 2A0 2 612A6 e12A0 01 612M 61 612A6 51745 G!
AI b/
S. Paprou duoatclosig: (►during any IMM ifappicable)
Consisting of.
C. . %W wnenml Rent $ from to
D. Acki tanel Cowwral:
CASUALTY LOSS VALUE(if eoNicablak S ,^ MifoUM UABiLrrY INSURANCE:;1A00.000.00
N OF,�FASE TERM OPTION: Fair MerketValm
ADOMONAL 1
Executed and agreed to an, 20 me Schsddo bred partofEre Mashor Base Agreement
basween Lases and Lnas* d d 11 of,11- •2006.
LESSOR: LESSEE:
iE1tTRON M ORPORATIONPRI EW am PRINT NAME:
PRI Asad+- MSacn�-_ PRINT LE: r
DAT � x.cA n..d 2
APPROVED BY CITY COUNCIL
�11. h aM
ATTEST:
IaMRaiir,OUIIi
a11ro]ael-1dVA
Afl/'�Ya
k
,s
TEXTRON
Lm&ng help Beyond expecradom.
SCHEDULE NO 103M2 TO THE MASTER EMEWM LEASE AGREEM NT
qOWmm Ad Naa: 1 Nm and Add'ess:
pg ,CA E-2-Go Soutwn Cafomta
Ma:Taglritz Creak Golf Club WS/69mpaon Avarua
Ian Golf Club Once Col CA92M
Palm Springs CA 0264
Thks Sawdule cores d,a 1{,"ju Fa9omant 13BBp F-Z-GO TXT SHUTTLE 2
with Ad wb dahtdd.head1ba law and hour rmw
REEK j L ISM C,olf Club Orm Pakn Springs CA 92254
LEASE TERM:48 Muntw
2-/5-d�✓e
RENT PA 39NM RarRpapnenla wB be dun 1mlahty in 48 payn entaco mxainp m44-tbeW aM on the emre day of
end,monp,lhsFud r and as speodrad bebw-
A. sl Imb d Jd i ■.
Ya Jan Fab I Mar . I Jul gap w Now
7 170.18 1'la10 1 -19 1 W 17a1e t7ata-_ 1 .1p i 7p 1 �99" 170_t9
2011 ip 17p.1p 17p.19 i70A9 170.19 1701 170./p - 70.1a 170.7a 170.1p 170.1p 1 79
2011 170.1s Mug 17a19 179.12 MIS 170-18 17a19 170.18 17a16 1 1p 170.19 170.19
201s 17a s 1 1719 170.19 1 1 17a19 170. 1 .1p 1701tp t70.tp O./ / o.i
ao, , o,
B. PaymerRldlaetcladw / f, + Ora91da,p arty latooc Ifq*1mbs)
consiwnp of.
C SuppMmarbl Rant j tom—to
ikm D. Addal C 1atKat —�—
CASUALTY LOSS VALUE f9 spoka`laY j![�_'_ MINIMUM LIABILITY INSURANCE:S 1-OD0,0OB_00
END OF LEASE TERM OPTION: Fae MarkatIl"
AMMONAL PROM
FxacWd and agreed t,41,114
17 20M,as a Sd,aduls to and part of Ora MssW L"m Agreementbalaver,Lessor and Le11- -
OR - LESSEE
N RNANC CORPORA Wt1 laity ofP BP 17sr'OA
BY:
PR : Pam am PRINT NAME: /
P TLF: AwJsbnt PRINT TR4E: T
GATE GATE: p l.7
APPROVED BYCITYCOUNCIL
sa-I oh h�
ATTEST: '
1a,u a.laawt 1u,.ew,1-„�11e-,11oMT -
ity JerkJ
0
Lending belp beyond expectations
8CHEn Y F NQ 10306E+{TO THE WISTE[t EQIHPMENT LEASEAGREEIIIENT
Looeae IV, =mead Addeas Sumisr Name arhd Addlaplr
City of Patin Springs,CA E•Z-Ga SwAhwn Caibmfa
dba:ToOtitt Creek Golf Club 1475ISanwom AYattde
1 MIS Golf Club Ddw Caren CA owl
Palm byriros CA M M
0
This Sahsdulr.ttwem fha Soanwinn Ea llWMIl t 122M E-Z-00 MPT 1 W0
vrlMwhad sour;aMy bp,told dam*4nMIM.hxg molar,head
and tell lights,fuel end of guaga,mar reaivw,ball ploker nags,
1-MV Odd and adaptor
sm,24,9&o45
E9i+E^1r4 mcMiQ*' 185 GWCkb Anw Pjdm Spiga CA e2M4
LEASE TERM:46 Mordha
2—i51ao
UW PAYMENTS:Rwd pay i w VAN be due uwnddy in 4S paymrnb wmmancrp m41•154BSC and an the cams day of
each 104 7mr0411te1 and esapadfied below.
A Each paynMV1911slad below does naclr%tLxb ble tax
veer Jan I Feb I far I AW I May I Jtw I Jal I Am ISO I Oct M241
20M
241A7 241 241 241A7 44tAT 241.1A 241A7 P4 Ar 2NA7
2011 241.E7 241AY 241 241 A 2MA7 241.5/ 41 241Ar 241A7
a .at = 24 A7 A7 M i. 1 241.0 PaA 441. 1A7 247A7 447JTT 2sf N1Af 241A
7 241 341
ozd t,e
S. Payments dm aL Ching: (locki ap any taxes ifappkabk)
Conisdtg
C. Suppementul Rent f �Y fmm m
D. AdMonal Coca".
CASUALTY LOSSYALUE alaodiabl&$ MINIMUM LiASIMINSURANCE:j 1A 003110
ENO OF LEASE TERM OPTION, Fair Yarket Yaaas
ADQ910NAL MMM
t
between
and r wW bon, �y AN ass Sctedule b entl Part at1M Wa1sr Laaae ApmmhaM
betaaen Isaac add lasaem, ed as d,11-1T N7B.
OR: LESSEE: '
�! NFltt�\NCI CORPORATION Ciryof P��m7�S�J�a.CA
8Y: r+VV�,(, lil�BY—isl��
P AYE: Pam NkEzchom PRINT NAW-
PRINT AWslant5apeta PRINT TfTLE: Tr
DATE: bacA DATE s a
y rib P�A.
APPROVED BY CITY COUNCIL
'mosmaeaa exAnzahr
sio®fe° . ATTEST:
a
ty er c