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Res 2003-027
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Res 2003-027
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Last modified
11/7/2003 1:05:59 PM
Creation date
9/9/2003 4:41:13 PM
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City Clerk
City Clerk - Document
Resolutions
City Clerk - Type
Lease
Number
2003-27
Date
2/10/2003
Volume Book
151
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Wells Fargo Brokerage Services, LLC <br />1740 Broadway, MAC C7300-011 <br />Denver, Colorado 80274 <br /> <br />SUPPLEMENT TO MASTER LEASE <br /> <br />Name and address of Lessee: <br /> <br />City of San Marcos <br />630 E. Hopkins <br />San Marcos, Texas 78666 <br /> <br />Supplement #1626-001 <br /> <br />This is a Supplement to the Governmental Lease-Purchase Master Agreement dated February 28, 2003 and between <br />Lessor and Lessee (the "Master Lease"). Upon the execution and delivery by Lessor and Lessee of this Supplement, <br />Lessor hereby agrees to lease to Lessee, and Lessee hereby agrees to lease from Lessor, the Property described <br />below upon the terms and conditions of this Supplement and the Master Lease. <br /> <br /> PROPERTY DESCRIPTION <br /> Quantity Serial Number <br /> <br />Self Contained breathing apparatus & breathing air station <br /> <br />Location of Property (if different from Lessee's address) <br /> <br />Rent commencement date: February 28, 2003 <br /> <br />Term in months from rent commencement <br /> <br /> 60 <br /> (May not exceed 299 months) <br /> <br />Rental payment period (check one) <br /> <br />[] Monthly <br />[] Quarterly <br />[] Semi-annually <br /> <br />[] Annually <br />[] Other - see additional <br /> provisions <br /> <br />SCHEDULE OF RENT PAYMENTS <br /> <br />Basic Rental Number of <br />Payments Payments <br /> <br /> $13,931.21 10 <br /> <br />Interest Rate First Payment <br /> Date <br /> <br /> 3.430% April 1, 2003 <br /> <br />FINANCE AMOUNT $128,823.00 <br /> <br />Advance <br />Payments <br /> <br />-0- <br /> <br />Final Purchase <br />Option Price <br /> <br />$i.00 <br /> <br />TOTAL RENT $139,312.11 <br /> <br />Additional Provisions: <br /> <br />Lessor: Wells Fargo Brokerage Services, LLC <br /> <br />Its Vice President <br /> <br />Lessee: City of San Marcos, Texas <br /> <br />By .~ ~ )~/ <br />Its City Manager <br /> <br />Date: February28,2003 Date: February28,2003 <br /> <br /> <br />
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