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HomeMy WebLinkAboutResolution - 2012-R0179 - Contract - Bee Equipment Sales Ltd.- Leeboy Asphalt Paver - 05/03/2012Resolution No. 2012—RO179 May 3, 2012 Item No. 5.12 RESOLUTION BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK: THAT the Mayor of the City of Lubbock is hereby authorized and directed to execute for and on behalf of the City of Lubbock, Contract No. 10765 for a LeeBoy 8515 asphalt paver, by and between the City of Lubbock and Bee Equipment Sales, Ltd., and related documents. Said Contract is attached hereto and incorporated in this resolution as if fully set forth herein and shall be included in the minutes of the City Council. Passed by the City Council on May 3, 2012 17 TOM ARTIN, MAYOR ATTEST: A-- Reb&,.cGarza, City Secret APPROVED AS TO CONTENT: arsha Reed, .E., Chief Operating Officer APPROVEq AS TO FORM: Chad Weaver, Assistant City Attorney vwxcdocs/RES.Contract-Bee Equipment Sales, Ltd. April 18, 2012 Resolution No, 2012—RO179 Bee Equipment Sales, Ltd. P.O. Box 3406 - 2506 Slaton Rd. Lubbock, TX 74452 Phone: 806-745-1511 Fax: 806-445-0543 EQUIPMENT LEASE AGREEMENT Subject to the approval of the Imsw at its homeoffice, Bee Equipment Sales, Ltd., Lubbock, Luhhock County, reser:, the lessor herein lass upon the terns and eomditions hereinafter set out to CRY OF LUHBOCK , the lessee. of P.O. BOX 2000 F1umc Address LLHHO('K TX 79457 City Sate Zip Tek -phone Number the fiollowing dm-rLbod personal property, ver.: i } ONE. (I 12009 LEEBOY ni 14 PAVER 2) S.N 8515-7691: 3) BuyHcmird Contract 34S -In a) Rental Price 11%00 (Nle 5) 2% Discount 6) INSURANCE VALUE- 1511,3(x100 7) CUSTOMER TO FURNISH PROOF OF INSURANCE 8) Hours Chit Hours In wRl ship as -on as poxsihle to CITY OF LUBBOCK the lessee at LUBBOCK , Joh telephone no. for the MINIMUM RENTAL PERIOD OF THREE (3) MONTHS WITH WEEK TO WEEK OPTION, NOT TO EXCEED FIVE {5) MONTHS starting 51112012 in waslderstlon of which lessee hereby agrees in pay the lessor at its office in Lubbock. Texas the following rental: Rental Rate 58.820.00 Monthly_x_ Weekly_ Daily_ Freight Charges $0.00 Additional Charge` $13,43 _ HRT TAX .001 ON Sales Tax( a.251 . SIM* Total Charges $8,835.83 THREE coexeutive MONTHLY rental payments of EIGHT THOUSAND EIGHT HUNDRED THIRTY FIVE DOLLARS AND 931100 t 4x.835.93 ), dollars hcgmning 1 -May -12 Total of thrac mumhA payments equal $28,507.79 Dollarstar Rental suhwquent to the ahwesaid minimum period shall be dolma IS )per frw a period of Should lessee elml to purchase above dncribW equipment, the Purchase price shall be N/A Dollars ($N 'A ) PLUS WA figured as conversion premium. Pus any additional chisrges as described in paragraph 2 un revere side of this agreement WA Executed in triplicate this ISth day of Agri$ 2012 CITY OF LUBBOCK IAwv I have nzd the terms and crmditions own the reverscside ofibis agreement and agretthaxio.& Exhibit A By Bee Equiprnem Sales. Ltd. L sear I N+A)% By , Mike Kuehn Sales Representative Terms and Conditions I . This lase contemplatra the continuous metal of the property at the rate of metalubnvc agreed upon, until said property is duly resumedto kssstr at its watdonse in I.uhhick, Texas. But the leasee shall be liable for the full rental for the enure period even thought the property is returned W the lessor prier to the termination of the minimum period. 2. Lessor agrees to warrens all major components for a proud of sol days other than rnisusc or abuse top to five percent (SX) of the purchase option price. All cost excoxding five percent I S%) fox the 90day wurnenty period and one hundred percent 000%) of all cost ages expiration of wamamy period will be added to the purchase option price. 3, The rental price on this eaquipmens is based an single shift operation, which is dcrinod as five (S) ten ( 10) hour working days per week not to exceed two hundred (200) hours per month. and in the event lessee put& the equipment on a dowblc shift operation. the rental rate hactnabuvc specified shaft be doubled for the period of such use. 4. 11 is apexd that tonic is the essence of this contract and that all rental shall be paid promptly at the time agreed upon. S. In Casa of lessee's failure or rcfitsal In pay on one or more installments of rent, payable hereunder or to fulfill or perform any of the other agivements or conditions imposed an the Ixsm, within seven (71 days after Lessee's receipt of written n uilice ol'such default. lessor may, at its option (which shall be exercised within seven t7) days therafter upon written notice the+mfru Lessee). until L m%m hu curvi its default prior to expiration of time limit contained in said nigice, elect to either' (a) Require Lessee to purchase said equipment at and liar a purchase price equal to the sum of ONE HUNDRED FIFTY THOUSAND THREE HUNDRED dollar, ($150,300.00 pus chArgo describedon paragraph 2, kw the sum of paean i 97. of ull rentals theretofore paid. and'or due which a.ormt will be payable to Lcssor . cash upon demand. All salvo or use taxes, if any. which are applicable W such purchase shall be tours€ and paid by Lessee:ur, (b) Take possession of said equipment, including all substitute) pans, accessories and equipment. with Or without legal pnohess (Inst: hereby authorizing toe peaceful entry for said purposes an any premises of the Lessee). R. free agrees, during the period covered by this lease, to protect, indemnify, rrimbum, and save harmless the lesux altainst any and all damage to said pnopaty. 7. Lessee agrees nut to remove any of the above property front City or Coamty into which shipped without giving immediate written notice thereof to lcwx, and hallow agrees ram to remove any pan thereof from the state into which shipped without first obtaining written permission from the lessm g. L essce agrees to pay all operation and mainumancc expense unlit all of the above described property is returned and actually received by the lessor, and upon the lamination of this lease W return said property to the lessor in as good condition as received, natural wear expected. Itssee further agrees W use said property only for the purposes recommended by the manufacturers lhcroof and further nut to lend same beyond the capacity recommended by the manufacturers. Lessee W have complete control of equipment. Equipment to due used for. W. It is agreed that the above property shall, upon no cundilion, he sub -let by the lessee, nor shall lesser mortgage same or permit arty liens or claims to be filed against said property while in less" s possession: and should, for any reason whatsoever, any lien be Most against said property or any claim be made thereto, lessee agrees imnealiarely, in writing, to ani fy the Icasox lherexhf and to nuke all naxs.ary steps to protest said property against said claim - 10 All Freight or tram irmnation charges, bothways, loading and unkWing charges an les he paid fir by knise c Rcfum umsponwicm charges to be prepaid by kssec. I I I1 is agreed that this lease shall continue in farev and effect, unless lensimicd ax above provided for, unlit all of the laesed property is resumed to te`ssor 12lissm agrees to hold hatmkss from any claim in damages. either on behalf of lessee or tiny otter person. hum cor corporation, arising during the period covered by this lease. whether said claim results from the use of pmprty hereby teased. or any defiecl in same. The lessee shall furnish and keep effective during the entire term of this lease an insurance policy insuring the described equipment with a euntraetwx all risk equipment floater with a Mas payable it, Bee Equipment Sales. Lud A CITY BANK is their interests appear. Iessee shall also furnish and keep in effect during the life of this kbsc, a policy of Gau"I Uallifity, with uritis ri insurance equal to or greater than $31)14000 Bndity Injury and $100,tum Property Damage. Such evidence of insurance shall be dehverod to the lessor poor Ins delivery of leased equipment to the Lesser. 13. The Lessen agree 14) pay all acsossunenu, taxes or public charges. which may be levied against limper ty while in possession of the Lessee 14 The Ixssce agrees It, pay all costs of oxdkctom. mdoding reasonable alwncy's ices if this agreement is placed in the hands of an alwme'y lir collection. 13 It is agreed that this writing covers all the agreeocnms between the panic, hetero and no agreement, unless e+pcc tally' prmyhded ter herein. shall be binding upon either ('Pine parties hercvu THE STATE OF TEXAS COUNTY OF BEFORE ME, the undersigned, a Notary Public in and for +aid County and State, in this day personally appeared know to me to be the pa,om whose name subscribed to the foregoing instrument. and ackmawkdged to net that ne executed the same Ws the purposes and const Cramer ere. expressed GIVEN UNDER MY HAND AND SEAL OF THE OFFICE this the day of A D, 241 unary public in and for Cinuity. Texas EXHIBIT A AMENDMENT TO LEASE AGREEMENT for LeeBoy 8515 Asphalt Paver Resolution No. 2012—ROI79 The Rental Agreement ("Agreement") entered into on the 3rd day of May, 2012, by and between the City of Lubbock (LESSEE) AND Bee Equipment Sales Ltd. (LESSOR) of Lubbock, Texas is hereby amended as follows: The INDEMNITY provided under BuyBoard Contract 345-10 and Terms and Conditions number 6 and 12 of the Equipment Lease Agreement, attached hereto, shall be effective only to the extent permitted by law. The City reserves the right to exercise any right or remedy available to it by law, contract, equity, or otherwise, including without limitation, the right to seek any and all forms of relief in a court of competent jurisdiction. Further, the City shall not be subject to any arbitration process prior to exercising its unrestricted right to seek judicial remedy. The remedies set forth herein are cumulative and not exclusive, and may be exercised concurrently. To the extent of any conflict between this provision and another provision in, or related to, this document, this provision shall control. THIS AGREEMENT IS TO BE CONSTRUED UNDER TEXAS LAW WITHOUT REGARD TO CONFLICT OF LAW RULES THAT WOULD DIRECT APPLICATION OF THE LAWS OF ANY OTHER JURISDICTION. THE OBLIGATIONS OF THE PARTIES CREATED BY THIS AGREEMENT ARE PERFORMABLE, AT LEAST IN PART, IN LUBBOCK COUNTY, TEXAS. VENUE FOR ANY ACTION BROUGHT PURSUANT TO THIS AGREEMENT, OR ACTIVITY CONTEMPLATED HEREBY, SHALL EXCLUSIVELY BE IN LUBBOCK COUNTY, TEXAS. CITY OF LUBBOCK CONTRACTOR BY Tom Martin. Mayor Authorfzed Representative ATTEST: Q'AO -d I e--- Reb •ca Garza, City Secretary APPROVED AS TO CONTENT: m6wla--L c d— TN Marsha Reed, Chief Operations Officer APPROVEQ AS T FORM: Assistant City Attorney /' , �6 xvel �/l Ad�ss f� k 3 ! a6 Tx 71Les2—