SUBLEASE PURCHASE AGREEMENT (COUNTY GUARANTEED LEASING PROGRAM, SERIES 2014) By and Between THE MORRIS COUNTY IMPROVEMENT AUTHORITY, as Sublessor and RANDOLPH TOWNSHIP BOARD OF EDUCATION, as SublesseeSublease Purchase Agreement • September 16th, 2014 • New Jersey
LEASING PROGRAM, SERIES 2014) (the "Sublease") is made and entered into as of this 1st day of [MONTH], 201_, by and between THE MORRIS COUNTY IMPROVEMENT AUTHORITY, a public body corporate and politic of the State of New Jersey (the "State") created pursuant to and in accordance with the county improvement authorities law, constituting Chapter 183 of the Pamphlet Laws of 1960 of the State, as amended and supplemented from time to time (N.J.S.A. 40:37A-44 et seq.) (the "Act"), with its offices at Administration and Records Building, Morristown, New Jersey 07960 ("Sublessor"), and RANDOLPH TOWNSHIP BOARD OF EDUCATION a political subdivision of the State or a state or local governmental unit within the meaning of §1.103-1(a) of the Treasury Regulations promulgated under the Internal Revenue Code of 1986, as amended (the "Code"), with its principal address at [Address of Local Unit] ("Sublessee"), and is made with reference to the following facts:
