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<br /> 32 <br /> I <br /> Office of the: CITY ATTORi\JEY <br /> September 13, 1990 <br /> Rose Barnett <br /> Xerox corporation <br /> 7718 Wood Hollow Drive <br /> suite 200 <br /> Austin, TX 78731 <br /> Re: Purchase of Model 1075 Xerox Copier <br /> To Xerox Corporation: <br /> On October 15, 1985, the city of San Marcos, entered into a term <br /> lease agreement with the Xerox Corporation for the lease and <br /> purchase of a Model 1075 Xerox copier, Serial No.C55-118216, <br /> together with the following: 1. Xerox Sorter, Serial No. C93- <br /> 120316; 2. Xerox Sorter, Serial No. C93-12496 (collectively <br /> referred to as the "Equipment"). <br /> This letter shall serve as your official notification of the City's <br /> intent to exercise the purchase option contained in paragraph three <br /> of the agreement. <br /> Upon countersignature below by an authorized official of Xerox <br /> Corporation, the city of San Marcos and the Xerox Corporation agree <br /> as follows: <br /> 1. The City shall purchase the Equipment for the sum of <br /> $5,155.00. <br /> 2. The City has met all of its obligations as specified in <br /> that agreement of October 15, 1985. <br /> 3. Upon receipt by Xerox of the herein referenced purchase <br /> amount, title to the Equipment shall immediately pass to <br /> the City of San Marcos. <br /> 4. Xerox shall provide maintenance for the Equipment until <br /> such time as the transfer of title is final. The City <br /> intends to provide for maintenance of the Equipment <br /> subsequent to that time in accordance with City bidding <br /> policy. <br /> city hall . 630 e. hopkins . san marcos, texas' 78666 . 512/35 <br />