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Res 1997-094
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Res 1997-094
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Last modified
6/11/2007 3:43:42 PM
Creation date
6/11/2007 3:43:42 PM
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City Clerk
City Clerk - Document
Resolutions
City Clerk - Type
Agreement
Number
1997-94
Date
6/9/1997
Volume Book
129
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<br /> LIS"" <br /> SCHEDULE B <br /> TER.J.\1 OF LEASE <br /> AND <br /> RENTAL PAYMENTS <br /> Attached to and made a part ofthat certain Lease Agreement, dated as of June 11 , 1922., between <br /> AMERICAN BANK, as Lessor, and the CITY OF SAN MARCOS, as Lessee. <br /> :-- The tenn of the lease of the Equipment described in Schedule A to the Lease Agreement shall be for a period <br /> of 3 Years, beginning on the commencement date set forth in Schedule A. <br /> <br /> Rental payments for the Equipment described in Schedule A to the Lease Agreement shall be due and payable <br /> on the following dates and in the following amounts: <br /> .' RENTAL PAYMENT SCHEDULE <br /> Stipulated <br /> Loss <br /> Percentages <br /> Amount of Amount of For Periods <br /> Due Date Period Covered Rental Payment Interest Principal Covered <br /> . <br /> SEE ATTACHED AMORTIZATION SCHEDULE <br /> The foregoing rental payments are based on a total principal amount of $ 56,069.33 at an interest rate of <br /> percent (6.05%) per annum calculated on the basis of the remairúng principal amount outstanding on each Due <br /> Date. <br /> DATED this ---.lL day of June , 1997. <br /> ; <br /> ; AMERICAN BANK. THE CITY OF SAN N1ARCOS, <br /> -" <br /> Lessor OO£n n ¿~ Lessee <br /> By: --- ~.J By: M.. ~!J- <br /> 'vv Cit~Man~~r ~ <br /> Title: Senjor Vi~e Presiden~ Title: <br /> <br /> Countersign and Attest: . <br /> By ~ 'h;~ d/ /)/lOA)J <br /> <br /> Title: i tv Secretarv <br /> 6 <br />
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