HomeMy WebLinkAbout08924RESOLUTION NO. 8924
A RESOLUTION APPROVING A LEASE AGREEMENT
BETWEEN THE CITY OF PUEBLO, A MUNICIPAL
CORPORATION, AND ELLEN EQUIPMENT
CORPORATION AND AUTHORIZING THE PRESIDENT
OF CITY COUNCIL TO EXECUTE SAME
BE IT RESOLVED BY THE CITY COUNCIL OF PUEBLO COLORADO, that:
SIRCTION 1 _
A lease agreement, a copy of which is attached hereto and made part hereof
by reference, after having been approved as to form by the City Attorney, by and
between Pueblo, a Municipal Corporation, and Ellen Equipment Corporation,
relating to the lease of a front end loader and miscellaneous equipment, be and the
same is hereby approved, subject to the conditions as set forth in the said Lease
Agreement.
SECTION 2.
The President of the City Council is hereby authorized to execute said Lease
Agreement on behalf of Pueblo, a Municipal Corporation and the City Clerk shall
affix the seal of the City thereto and attest the same.
INTRODUCED: February 14 —9 2999
By: Robert Schilling
Couneilperson
A APR. ED:
esident of City Council
ATTEST:
Cit lerk
Background Council Agenda
y
i s
aotl
TITLE: A RESOLUTION APPROVING A LEASE AGREEMENT
BETWEEN THE CITY OF PUEBLO, A MUNICIPAL
CORPORATION, AND ELLEN EQUIPMENT CORPORATION,
AUTHORIZING THE PRESIDENT OF CITY COUNCIL TO
EXECUTE SAME
DEPARTMENT: Transportation
DATE: February 8, 2000
ISSUE: To authorize the Department of Transportation to enter
into a Lease Agreement with Ellen Equipment
Corporation.
BACKGROUND: This lease agreement will allow city forces to utilize the
front -end loader for more efficient installation of street
name signs for Project M086 -026 — Street Sign
Replacement.
FINANCIAL: The agreement is for an initial payment of $9000.00 due
by February 2000, followed by nine (9) monthly
payments of $3,050.56. The lease payments are eligible
costs and part of Project M086 -026 (Street Name Sign
Replacements). There is no financial impact to the City.
RECOMMENDATION: The Department recommends approval of this
resolution.
ELLEN EQUIPMENT
1 Yo � a rol CORPORATION ❑ RENTAL CONTRACT 11491
VJe'ro got No 18000 East 22nd Avenue
Aurora, Colorado 80011
(303) 364 -1888 RENTAL PURCHASE CONTRACT
❑
ORDER DATE CUSTOMER PURCHASE ORDER NO. SALES REPRESENTATIVE
12- -10 -99 NOWELS
LESSEE'S FULL NAME
CITY OF PUEBLO dwa DEPARTMENT OF TRANSPORTATION
LESSEE'S ADDRESS CITY STATE 21P
STREET 350 SO GRAND AVE PUEBLO I CO 81003
RESIDENCE PHONE 7 67u�S PHONE COUNTY
543 -1257 PUEBLO
DELIVERY TO BE MADE ON OR BEFORE OR AS SOON THEREAFTER AS POSSIBLE DELIVERY TO BE MADE TO THE
FOLLOWING ADDRESS IF DIFFERENT FROM LESSEE'S ADDRESS.
STREET I CITY STATE I ZIP
DESCRIPTION OF EQUIPMENT
au. MFR. MODEL SERIAL NO. DESCRIPTION. INCLUDING ATTACHMENTS PRICE .
AND/OR EXTRA EQUIPMENT
1 CASE' 1840 JAF0287719 UNILOADER 21,400
1 CASE D -100 JA 02 9544 B'HOE 9 000
1 1 BUTLER 10 -14 99 -1182. TRAILER 4,045
11 CTI FORKS 4SF10210* PALLET FORKS 875
OTHER CONDmONS: SEE ATTACHED T-Q +RAE 7,828
EXEMP SA6C- &TAX -%
CITY RESPONSIBLE FOR ALL
MAINTENANCE TOTAL PRICE 43 148
WARRANTY ON EQUIPMENT: Warranty coverage on the equipment covered by this contract, if any, commences with the contract
period and has been explained to the lessee. The warranty coverage is outlined below and dictated by the box checked hereon.
IX NEW 12 Month 2.000 HPF actory Warranty
❑ USED - Seller's own warranty applies as described in "Other Conditions" above.
❑ AS IS - Equipment is without any warranty of any kind, and lessee is aware of same.
MAINTENANCE OF EQUIPMENT: Lessee shall be responsible for and pay the cost of all necessary repairs, maintenance and replace-
ments; Lessor shall not be obligated to make, nor called upon by Lessee to furnish, or pay for any repairs to or upon the Equipment,
except under the provisions of any warranty described immediately above. If this is a RENTAL PURCHASE CONTRACT, Lessee will be
responsible for travel time and mileage on owed service work.
TERMS OF RENTAL OR RENTAL PURCHASE: Payments are due in advance of each rental period or upon receipt of invoice. ON
RENTAL PURCHASES % of paid rentals will apply towards the selling price less RENTAL PURCHASE CHARGES AS
-FOLLOWS: RENTAL PAYMENT OF S9000 DUE 2-15-2000, FOLLOWED BY 9 RENTAL PAYMENTS OF
$3, 050.56 .
RATE: $ PER DAY $ PER WEEK $ PER MONTH
PERIOD: DAYS WEEKS MONTHS CONVERSION DATE
PHYSICAL DAMAGE WAIVER: (on above units only) $ PER MONTH IF PROVIDED.
BY ELLEN EQUIPMENT CORPORATION CITY OF PUEBLO RESPONSIBLE FOR PROVIDING FULL
NAME OF AGENT & PHONE # IF PROVIDED BY LESSEE C OVEREAGE INSURANCE
+ (If coverage is provided by lessee, a loss payable binder must be provided to ELLEN EQUIPMENT CORPORATION within 10 days after the commencement of the contract period.)
LIABILITY INSURANCE: LESSEE, at its own expense, shall carry adequate public liability insurance as approved by LESSOR against
bodily injury, including death; and against property damage.
TRANSPORTATION: $ EACH WAY IF PROVIDED BY ELLEN EQUIPMENT CORPORATION: ALL equipment is
FOB our yard.
LOCATION OF MACHINERY:
PREPAYMENT CHECK #
DATE TIME HOUR METER READING AMOUNT $
TIME IN
LESSOR AND LE EE AGREE THAT jTERMS AND CONDITIONS ,
TIME our ON THE REVE E IDE HEREO AR PART OF THIS AGREEMENT
AND ARE TH O HLY UNDE S . ALL PAYMENTS ARE DUE
TOTAL ' A D PAYAB N RECEIP IN
'HOURS /"";
LESSOR LESSE
BY
�-' ( , DO BY President of City UOunci l
DATE TITLE DATE
Form 91003 (Rev. 09(95)