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Schedule No. 000 of Lease Agreement <br />EXHIBIT C 1 <br />FINAL ACCEPTANCE <br />Re: Master Lease Purchase Agreement dated as of 03/05/2013, between Sovereign Bank, N.A. <br />(Lessor) and City of San Marcos (Lessee) and Schedule No. 000 thereto. <br />I, the undersigned, hereby certify that I am a duly qualified representative of Lessee and that I have been <br />given the authority by the Governing Body of Lessee to sign this Final Acceptance Certificate with respect <br />to the above referenced Master Lease Purchase Agreement and Schedule No. 000 (the "Lease "). I <br />hereby certify that: <br />1. All Equipment described on Exhibit A has been delivered and installed in accordance with <br />Lessee's specifications and Lessee hereby requests and authorizes Lessor to disburse, or direct <br />the escrow agent to disburse, to the vendor the remaining net proceeds of the Lease by wire <br />transfer or by check. <br />2. Lessee has conducted such inspection and /or testing of the Equipment as it deems necessary <br />and appropriate and hereby acknowledges that it accepts the Equipment for all purposes. <br />3. Rental Payments with respect to such Equipment are due and owing as set forth in Exhibit B to <br />the Lease. <br />4. Lessee has obtained insurance coverage as required under the Lease. <br />5. Lessee is exempt from all personal property taxes and is also exempt from sales and /or use <br />taxes with respect to the Equipment and the Rental Payments. <br />6. No event or condition that constitutes or would constitute an Event of Default exists as of the date <br />hereof. <br />Lessee: City of San Mar os <br />BY: Ut.. G'�A�'�- <br />TITLE: Assistant City Manager <br />3 <br />DATE: <br />Cl <br />