Res 2017-089/Approve a Vehicle Titling Addendum to add the lease-purchase of a 12-Yard Dump Truck

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ADDEM11111i (TEXAS) THIS ADDENDUM, which is entered into as of June 7, 2017 between U.S. Bank Equipment Finanma, a division of U.G. Bank National Association ("Lessor") and City of San Marcos (^Leoaae^), is intended to modify and supplement the Master Tax -Exempt Lease/Purchase Agreement, dated as of June 7, 2017, between Lessor and Lessee (the "Master Agreement"), and is intended to modify and supplement Property Schedule No. 1 (the "Property Schedule") to the Master Agreement of even date herewith. Capitalized terms not otherwise defined herein shall have the meanings set forth inthe Master Agreement. The Master Agreement isamended Uzdelete Section 0.O5. 2 Lessor and Lessee agree that lease participation certificates in any Property Schedule shall not be issued without the approval of the Texas Attorney General. 3. Lessee represents and warrants pursuant to Texas Government Code Section 2252.908 and Texas Administrative Code Chapter 46 the following (select one of the applicable): Lessee has received the required "disclosure of interested parties" from Lessor that was submitted by Lessor tothe Texas State Ethics Commission. _XThe Property Schedule isfor less than $1.00OOOUand the following applies: k$the governing body ofLessee has legal authority to delegate to its staff the authority to execute the Property Schedule; (b) the governing body of the Lessee has delegated 10its staff the authority koexecute the Property Schedu��and (c) the governing body ofthe Lessee did not participate in the selection of the business entity with which the Property Schedule is entered into. 4. The following shall beincluded inthe Opinion o/Lessee's Counsel provided toLessor for the Property Schedule: 9. Texas Government Code Section 2252.S08and Texas Administrative Code Chapter 4Ohave been complied with by either filing of the required "disclosure of interested parties" to the Texas State Ethics Commission and the Lessee mdue to the Property Schedule being less than $1,000,000 in value and the following applying: (a)the governing body nfLessee has legal authority to delegate to its staff the authority to execute the Property Schedule-, (h) the governing body ofthe Lessee has delegated toits staff the authority toexecute the Property Schedule; and (c)the governing body ofthe Lessee did not participate in the selection of the business entity with which the Property Schedule is entered into. IN WITNESS WHEREOF, Lessor and Lessee have caused this Addendum to be executed in their names bytheir duly authorized Lessor: U.S. Bank Equipment Finance, a division of U.S. Bank National Association Senior Vice Attest - By Name: Ja ie Lee Case lerk