Common Contracts

1 similar Municipal Lease-Purchase Agreement contracts

Contract
Municipal Lease-Purchase Agreement • February 5th, 2021

Date: February 8, 2021 Financing proposal for: City of Coalinga, CA Motorola Customer Financing recognizes that each opportunity presents unique issues and characteristics. Therefore, our approach involves understanding our customer’s operational goals and financial objectives. Should you feel another financing structure is required, Motorola Customer Financing would welcome the opportunity to work with you. Transaction Type: Municipal Lease-Purchase Agreement / Tax Exempt Financing Lessor: Motorola Solutions, Inc. (or its Assignee) Lessee: City of Coalinga, CA Amount: $398,135.00 Down Payment: $0.00 Balance to Finance: $398,135.00 Equipment: As per the Motorola Solutions equipment proposal. Title, Insurance, & Title to the equipment will vest with the Lessee, and the Lessee will be Maintenance responsible to insure & maintain the equipment as outlined in the lease contract. Taxes: Personal property, sales, leasing, use, stamp, or other taxes are for the account of the Lessee

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