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Fort Walton Beach Resolution — 2021-04--Lease Purchase Agreement — reading text
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$ 27, 611. 40 843. 99 28, 455. 39 N/ A
9/ 26/ 2022 $ 27, 649. 20 806. 19 28, 455. 39 N/ A
10/ 26/ 2022 $ 27, 711. 85 743. 54 28, 455. 39 N/ A
11/ 26/ 2022 $ 27, 725. 00 730. 39 28,455. 39 505, 728. 56
12/ 26/ 2022 $ 27, 785. 30 670. 09 28,455. 39 477, 943. 26
1/ 26/ 2023 $ 27, 801. 01 654. 38 28, 455. 39 450, 142. 25
2/ 26/ 2023 $ 27, 839. 07 616. 32 28, 455. 39 422, 303. 18
3/ 26/ 2023 $ 27, 933. 14 522. 25 28, 455. 39 394, 370. 04
4/ 26/ 2023 $ 27, 915. 43 539. 96 28, 455. 39 366, 454. 61
5/ 26/ 2023 $ 27, 969. 84 485. 55 28, 455. 39 338, 484. 77
6/ 26/ 2023 $ 27, 991. 95 463. 44 28, 455. 39 310, 492. 82
7/ 26/ 2023 $ 28, 043. 98 411. 41 28, 455. 39 282, 448. 84
8/ 26/ 2023 $ 28, 068. 67 386. 72 28, 455. 39 254, 380. 17
9/ 26/ 2023 $ 28, 107. 11 348. 28 28, 455. 39 226, 273. 06
10/ 26/ 2023 $ 28, 155. 57 299. 82 28, 455. 39 198, 117. 49
11/ 26/ 2023 $ 28, 184. 14 271. 25 28, 455. 39 169, 933. 35
12/ 26/ 2023 $ 28, 230. 23 225. 16 28, 455. 39 141, 703. 12
1/ 26/ 2024 $ 28, 261. 37 194. 02 28, 455. 39 113, 441. 75
2/ 26/ 2024 $ 28, 300.07 155. 32 28, 455. 39 85, 141. 68
3/ 26/ 2024 $ 28, 346. 34 109. 05 28, 455. 39 56, 795. 34
4/ 26/ 2024 $ 28, 377. 63 77. 76 28, 455. 39 28, 417. 71
5/ 26/ 2024 $ 28, 417. 71 37. 68 28,455. 39 0. 00
Assumes that all Rental Payments and other amounts due on and prior to that date have been paid in
accordance with the Lease.
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Section 4. Location of Equipment. The location of the Equipment is_ 107 Miracle Strip
Parkway Fort Walton Beach, FL 32548_.
Section 5. Description of Equipment. For purposes of the Lease created hereby, the
Equipment consists of the following: One ( 1) Pierce - Enforcer 107' Quint Fire Apparatus,
together with all present and future attachments, accessories, additions, accessions, parts and
supplies, and any replacements thereof, installed in, affixed to or used in connection with said
property and all proceeds of said property.
Section 6. Representations and Warranties of Lessee. Lessee hereby represents and
warrants that its representations and warranties set forth in the Master Agreement ( particularly
Section 7 thereof) are true and correct as though made on the Commencement Date. Lessee further
represents and warrants that( a) no material adverse change has occurred in the financial condition
or operations of Lessee since the dated date of the Master Agreement; (b) no Event of Default has
occurred and is continuing under any Lease currently in effect; and ( c) no Non-Appropriation
Event under any Lease currently in effect is threatened.
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DATED the date first above written.
HANCOCK WHITNEY BANK, CITY OF FORT WALTON BEACH, FLORIDA,
as Lessor as Lessee
By:
Aj- 441°( 4' 4̀_
4
By:
Mark Stanley Name: Richard Rynearson
Senior Vice President Title: Mayor
Signature Page to Equipment Schedule No. 2021- 01