Agenda - 06-18-2013 - 5l - Laserfiche WebLink

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37 EXHIBIT G -1 Lease No.: 09065 Equipment Schedule: 01 TO: Business Insurers of the Carolinas Attn: Peggy Curasi 919- 968 -4611 Insert Insurance Agent Name & Address Phone Number and Fax Number Gentlemen: ORANGE GROVE VOLUNTEER FIRE COMPANY, INC. has entered into a Master Lease Agreement dated as of June 3, 2013 with SUNTRUST EQUIPMENT FINANCE & LEASING CORP.. In accordance with the Agreement, Lessee certifies that it has instructed the insurance agent named above to issue: a. All Risk Physical Damage Insurance on the leased Equipment evidenced by a Certificate of Insurance and Long Form Loss Payable Clause naming SunTrust Equipment Finance & Leasing Corp. and /or its assigns as Loss Payee. The Coverage Required is $300,000.00. b. Public Liability Insurance evidenced by a Certificate of Insurance naming SunTrust Equipment Finance & Leasing Corp. and /or its assigns as Additional Insured. The following minimum coverage is required: Liability: $ 500,000.00 per person Liability - Bodily Injury: $1,000,000.00 aggregate Liability - Property Damage: $1,000,000.00 property damage liability PROPERTY: Collateral of the Following Fire Apparatuses to Finance the Construction of its Third Substation: Engine 531, 2004 Spartan, VIN #4S7HT2D994CO47206 with Accessories Engine 532, 2001 International 4900, VIN #1HTSDADR71I1354230 with Accessories LOCATION: Nick's Road, Mebane, NC 27302 Upon issuance of the coverage outlined above, please mail a certificate of insurance to SunTrust Equipment Finance & Leasing Corp., Hampton Plaza, 300 East Joppa Road, Towson, MD 21286. Your courtesy in issuing and forwarding the requested certificate at your earliest convenience will be appreciated. Very truly yours, ORANGE GROVE VOLUNTEER FIRE COMPANY, INC., Bv: Name: Bill Waddell Title: President Date: 3E 5/16/ 2013: BQ- ESCfamtem.D0C /rev.01 /04.st1