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HomeMy WebLinkAboutWAGNER EQUIPMENT - CONTRACT - CONTRACT - GOVERNMENTAL LEASE AGREEMENT (3)rev. 6M5 MAIN OFFICE DENVER, CO GRAND JUNCTION, CO DURANGO, CO PUEBLO, CO HAYDEN, CO BURLINGTON, CO (Ag Sales) (303) 739-3000 (970) 242-2834 (970)259-2001 (719) 544A433 (970) 276-3781 (719) 346.7880 GOVERNMENTAL LEASE AGREEMENT THIS AGREEMENT IS SUBJECT TO THE TERMS AND CONDITIONS BELOW AND ON THE REVERSE SIDE HEREOF, WHICH ARE PART OF THIS AGREEMENT: Social Security No. Federal Tax No. CITY OF FT COLLINS NEAL JASPERS Lessee Customer Contact Customer Phone BUSINESS ADDRESS P O BOX 580 FTCOLLINS COLO 80522 PROJECT NAME & ADDRESS Hereby enter into a rental agreement to lease from WAGNER EQUIPMENT CO., hereinafter called the Company or Lessor, the following equipment: MAKE CAT MODEL 966H SERIAL NO. OA6DO1918 STOCK NO. 411716 To be used at or near City County EAST VINE STREET SHOP FT COLLINS COLO STREET Of CNTY STATE OWNER/GENERAL State ON THE FOLLOWING TERMS: (All Rental Equipment F.O.B. Wagner Equipment Co. Yard) 1) For a term of 36 commencing the day of For the rental of $ $4,300.00 Per month (plus taxes) Additional Terms: Equipment Value: $ $289,394.00 AGREED ITEMIZED CHARGES Rental 4,300.00 Wagner Customer Delivery Return Charge $0.00 Physical Damage Waiver % 0.00% $0.00 Sales Tax City County RTD State 0.00% $0.00 0.00% $0.00 0.00% $0.00 0.00% $0.00 SMM Tax % 0.00% $0.00 BALANCE DUE $4,300.00 Payment Attached LJYes No A. Lessee agrees to pay an additional rental payment of $ $43.00 for each hour in excess of 1250 hours equipment usage time in any 30 consecutive day period. In the absence of an ovedime rate, overtime will be charged at 1/176th of the monthly rate for each hours use in excess of 176 hours in any one 30 consecutive day period. B. Tire wear (it applicable)YAll be charged at the rate of $ per 1132 inch of wear per tire upon return. C. In the event of subsequent purchase of the unit, rental interest will be calculated at %of the original value of the machine for any month within which the rental payment is received within ten days of the end of the rental period. Rental interest for all other months will be charged at %of the original value of the machine. PHYSICAL DAMAGE WAIVER D. In the event that this machine is returned to Wagner Equipment Co. before the guaranteed rental period is completed, the rental rate wAI revert to $ / month plus applicable taxes. E. Purchase Option end of first year F. Purchase Option end of second year CUSTOMER HAS OPTION OF RETURNING TO WAGNER EQUIPMENT ANNUALLY CUSTOMER AGREES TO PROMPTLYADVISE THE SALESMAN IF THE UNIT IS MOVED TO ANOTHER PROJECT AND TO PROVIDE ALL NECESSARY INFORMATION REGARDING ANY CHANGE IN LOCATION. SALESMAN PHONE # 970 227 1559 LESSOR: By: ON HAG = ate: 7/1/2009 LESSEE: By: •v-1. (� Date: ^7 (i<�. P "ter must elect A or B. by signing below. Renter elects to purchase physical damage liability iver from Owner on Ste machine retail value of al a ate of applicable rental period rental rate or a minimum .W. A deductible of$500offl applies (see 'CAL DAMAGE WAIVER on reverse side.) Renter dedines physical damage waiver and volt cover machine retail value of $289,tr providing his/her ram all risks insurance coverage. See Page 2 for additional terms and conditions. Page 1