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Preserved among the March 3, 2015 Okaloosa County Board of County Commissioners meeting materials (IQM2 meeting 1250). The date shown is the verified meeting context, not an independently established creation date for every attachment. The download catalog used January 20, 2015; the meeting date was corrected using the agenda/minutes heading and matching source filename.
- Original publication
- L10-0372-PW-LeaseDocs
- Date
- March 3, 2015
- Publisher
- Okaloosa County Board of County Commissioners
- Where to find it
- 8
- Reference collection
- Okaloosa County Board of County Commissioners (IQM2 public portal)
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L10-0372-PW-LeaseDocs — extracted reading text
Machine-extracted OCR text · Review label: Known limitations
StateBank
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1680CHARLESPLACE I r::
4 54
MANHATTAN, KS 66502 SJ7-::iS?- 0
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June 24, 2013
Okaloosa County Board of Commissioners
Attn: Public Works Supervisor
1759 S. Ferdon Blvd.
Crestview, FL 32536
Re: Lease With Option To Purchase Agreement dated as of June 10, 2010
Contract No. 3342272
Dear Sir or Madam:
Please find enclosed a copy of the Exhibit B - Payment Schedule to the contract(s) marked paid for your
information and files. Also enclosed are four (4) original certificates of origin for four (4) 2010 Volvo
motor graders, an original Affidavit of Correction by ASC Construction Equipment, and four (4) Release
of Lien forms releasing the bank's liens.
Thank you for allowing Kansas State Bank to assist you with your financial needs.
Yours truly,
Schela Carlton
Government Finance Assistant
Enclosure(s)
.
MEMBERFD1c 1 ~QUALHous1NGLENDER© MANHATTAN I JUNCTION CITY I WICHITA I PHOENIX I ksstatebank.com
Schedule (01)
EXHIBIT B
PAYMENT SCHEDULE
RE: Lease With Option to Purchase Agreement dated as of June 10, 2010, between Kansas State Bank of
Manhattan (Lessor) and Okaloosa Countv Board of Commissioners (Lessee)
Date of First Payment:
Original Balance:
Total Number of Payments:
Number of Payments Per Year:
rn 3 ~Thirty-Seven (37)
607-0/3
.0J"l.S
At Closing
$651,623.00
Twelve (12)
Pmt Due Rental Applied to Applied to *Purchase
No. Date Pa)'.ment Interest Princi~al O~tion Price
1 At Closing $6,790.31 $0.00 $6,790.31 Not Available
2 15-Jul-10 $6,790.31 $2,316.03 $4,474.28 $647,751.10
3 15-Aug-10 $6,790.31 $2,299.96 $4,490.35 $643,029.81
4 15-Sep-10 $6,790.31 $2,283.83 $4,506.48 $638,293.44
5 15-0ct-10 $6,790.31 $2,267.64 $4,522.67 $633,541.95
6 15-Nov-10 $6,790.31 $2,251.40 $4,538.91 $628,775.28
7 15-Dec-10 $6,790.31 $2,235.10 $4,555.21 $623,993.38
8 15-Jan-11 $6,790.31 $2,218.74 $4,571.57 $619, 196.21
9 15-Feb-11 $6,790.31 $2,202.32 $4,587.99 $614,383.72
10 15-Mar-11 $6,790.31
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