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' <br />1 <br />1 <br />RESOLUTION 1 THE MASTER <br />F SAN <br />MARCOS, TEXAS �, .. 1 1 1 <br />1 <br />., <br />GOVERNMENTLEASE-PURCHASE FINANCING AGREEMENT WITH US <br />ANCORP <br />LEASING AND FINANCE <br />FREIGHTLINER.: i'1 <br />EQUIPMENTR THE PUBLIC WORKS <br />DEPARTMENT AS 1 BE 1 UNDER THE <br />AGREEMENT IN THE AMOUNT 1 $602,300-11, 1 <br />AUTHORIZINGINTEREST FOR A SEVEN-YEAR TERM; <br />MANAGER 1! HER DESIGNEE <br />DOCUMENTS <br />ASSOCIATED WITH THIS TRANSACTION;1 <br />DECLARING AN EFFECTIVE DATE. <br />BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SAN MARCOS, <br />TEXAS: <br />PART L The Addendum to the Master Lease Purchase Financing Agreement (the <br />"Addendum") with US Bancorp Government Leasing and Finance, Inc. adding a Freightliner Vac <br />Truck for the Public Works Department to be financed under the Agreement in the amount of <br />$602,300.11, inclusive of interest, for a seven-year term is approved. <br />PART 2. The City Manager or her designee is authorized to execute the appropriate <br />documents associated with this transaction on behalf of the City. <br />PART 3. This resolution shall be in full force and effect immediately from and after <br />its passage. <br />ADOPTED on March 21, 2023. <br />J ne Hughson <br />Mayor <br />Attest: <br />Eliza eth Trevino <br />City Cleric <br />