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Agenda - 06-18-2013 - 5l
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Agenda - 06-18-2013 - 5l
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Last modified
6/9/2015 4:49:39 PM
Creation date
6/17/2013 9:25:19 AM
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BOCC
Date
6/18/2013
Meeting Type
Regular Meeting
Document Type
Agenda
Agenda Item
5l
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Finance agreement -Approval of Orange Grove Station #3 Finance Agreement from 6-18-2013 BOCC meeting - Agenda Item 5L
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\Board of County Commissioners\Various Documents\2010 - 2019\2013
Minutes 06-18-2013
(Linked From)
Path:
\Board of County Commissioners\Minutes - Approved\2010's\2013
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14 <br />EXHIBIT A <br />EQUIPMENT SCHEDULE NO. 01 <br />TO LEASE NO. 09065 <br />The following Equipment comprises an Equipment Group which is the subject of the Master Lease Agreement dated as June 3, <br />2013 (the "Agreement ") between the undersigned Lessor and Lessee. The Agreement is incorporated herein in its entirety, and Lessee <br />hereby reaffirms each of its representations, warranties and covenants contained in the Agreement. Lessee warrants that no Event of <br />Default, or event which, with the passage of time or the giving of notice or both, would constitute an Event of Default, has occurred under <br />the Agreement. An Acceptance Certificate and Payment Schedule are attached to this Equipment Schedule and by reference are made a <br />part hereof. The terms capitalized in this Equipment Schedule but not defined herein shall have the meanings assigned to them in the <br />Agreement. <br />EQUIPMENT GROUP <br />The cost of the Equipment Group to be funded by Lessee under this Lease is $300,000.00(the "Acquisition Cost "). The <br />Equipment Group consists of the following Equipment which has been or shall be purchased from the Vendor(s) named below for the <br />prices set forth below: <br />Collateral of the Following Fire Apparatuses to Finance the Construction of its Third Substation: <br />Engine 531, 2004 Spartan, VIN #4S7HT2D994CO47206 with Accessories <br />Engine 532, 2001 International 4900, VIN #1HTSDADR71H354230 with Accessories <br />The Equipment Group is essential to the governmental functions of Lessee. The Equipment Group is or will be located at the <br />following address(es). Prior to relocation of the Equipment Group or any portion thereof during the Lease Term, Lessee will provide <br />written notice to Lessor: <br />Nick's Road, Mebane, NC 27302 <br />ORANGE GROVE VOLUNTEER FIRE COMPANY, INC., <br />Lessee <br />By: <br />Name: Bill Waddell <br />Title: President <br />Date: <br />Address: 6800 Orange Grove Road <br />Hillsborough, NC 27278 <br />Telephone: 919- 454 -8089 <br />Facsimile: 919-942-5888 <br />13 <br />5/16/ 2013: BQ- ESCfamtem.D0C /rev.01 /04.st1 <br />SUNTRUST EQUIPMENT FINANCE & <br />LEASING CORP., <br />Lessor <br />By:_ <br />Name: <br />Title: <br />Date: <br />Address: 300 East Joppa Road, Suite 700 <br />Towson, MD 21286 <br />Telephone: <br />Facsimile: <br />
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