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Home My WebLink About20012146.tiff RESOLUTION RE: APPROVE LEASE AGREEMENT AND AUTHORIZE CHAIR TO SIGN - CITICORP VENDOR FINANCE, INC. WHEREAS, the Board of County Commissioners of Weld County, Colorado, pursuant to Colorado statute and the Weld County Home Rule Charter, is vested with the authority of administering the affairs of Weld County, Colorado, and WHEREAS, the Board has been presented with a Lease Agreement between the County of Weld, State of Colorado, by and through the Board of County Commissioners of Weld County, on behalf of the Department of Purchasing, and Citicorp Vendor Finance, Inc., with All Copy Products, Inc., with terms and conditions being as stated in said lease agreement, and WHEREAS, after review, the Board deems it advisable to approve said lease agreement, a copy of which is attached hereto and incorporated herein by reference. NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of Weld County, Colorado, that the Lease Agreement between the County of Weld, State of Colorado, by and through the Board of County Commissioners of Weld County, on behalf of the Department of Purchasing, and Citicorp Vendor Finance, Inc., with All Copy Products, Inc., be, and hereby is, approved. BE IT FURTHER RESOLVED by the Board that the Chair be, and hereby is, authorized to sign said lease agreement. The above and foregoing Resolution was, on motion duly made and seconded, adopted by the following vote on the 6th day of August, A.D., 2001. BOARD OF COUNTY COMMISSIONERS WELD CO , COLORADO ATTEST: Jbb"ed `` s ; M. J. eile, Chair Weld County Clerk to th _' =�7 'ei" ;EXCUSED DATE OF SIGNING (AYE) / �fPe Glenn Vaad, Pro-Tem BY: mt. . • _ Deputy Clerk to the Boar'��►' Wil H. Jerke OV DAS • D vid Lon oun Atforney Robert D. Masden Date of signature: rn�iy-267el 2001-2146 P00010 AGREEMENT Regarding Lease Agreement Number ("Agreement")between Weld County("Lease") and Citicorp Vendor Finance, Inc. ("Lessor") with All Copy Products, Inc. as the equipment ("Equipment") supplier("All Copy"). All capitalized terms shall have the same meanings ascribed to them in the Agreement unless otherwise herein defined. The parties hereby agree as follows: In the event that All Copy becomes insolvent or ceases to do business as a going concern, Lessor, in its sole discretion will allow Lessee to reduce the monthly payment by an amount not to exceed $3,800.00 (representing cost per copy amounts included in the Agreement). In the event that Lessee requests such reduction in payment and Lessor grants such reduction, Lessee acknowledges that it is solely Lessee's responsibility to keep the Equipment in good working order, ordinary wear and tear excepted (pursuant to the Agreement). Lessor shall bear no responsibility to provide a servicer for such Equipment. Lessee further acknowledges that, upon reduction of the monthly payment as indicated above, it shall be required to execute a new lease that is not inclusive of any cost per copy amounts. Acknowledged and Agreed: WELD COUNTY CITICORP VENDOR FINANCE, INC By: M. J. eil , Chair (8/6/01) Boar of County Commissioners Name/Title: Date: Attest: Weld C `to the Board Imo`= EL ifl h= =oard COPY_PRODUCTS CGaT PER-COPY AGREEMENT ' Sinn 1975 USER INFORMATION Full Legal Name 1-1316.Ci Cot,L/4y Billing Address '2115 t O4l INFORMATION SCHEDULE MUST BE COMPLETED IF UNIT LOCATION IS NOT THE SAME. city Greeley County Ciao. State Co Zip $063( Fed.Tax ID 2' — (,/,008'13 Phone 9'Ib- 3SG - C1000 tot y° ax 910- 35a - 9019 { Send Invoice to Attention of J Plth1 LU0.14-e,?S hir2.tit A-SiA4 DBA Name(if any) Lessee Purchase Order Number J ETER OPTION Make/Model/Accessories - Serial# Cost-Per-Copy Guaranteed Minimum Cost-Per-Copy Meter Reading Frequency (FOR ADDITIONAL UNITS,ATTACH SCHEDULE A) Monthly Copy Excess Copies Allowance 1, See S check)e A .o3(1.ay yo0,000 .Oo45 Qco-c-er\y 2. 3. 4. BILLING PREFERENCE: 0 Each unit invoiced separately(Include all Billing Locations on Information Schedule). 2cAll units one invoice(with individual unit reports). 0 Each unit invoiced separately to one billing location. 0 Consolidate units separate from individual meter option. ALL UNITS LISTED ABOVE ARE CONSOLIDATED UNDER THIS PLAN—BILLING PREFERENCE: OConsolidate units with individual meter option above on one invoice. TE•M. •YMENTINF••MATI•N ( AYMENT ENCL•SE• T•INCLU•ESALESAN• • USETAX) Term in Months First MMR Payment Security Deposit Other Sales and/or use Tax Total Payment Enclosed 63 21299.DO a9099.ao SALES TAX OPTIONS 0 Each payment is subject to sales tax of %or amounts or percentages that may be in effect by location. Exempt—Exemption Certificate is Attached. TE•MS AN•C•N•ITI•NS The words YOU and YOUR mean the User.The words WE,US,and OUR refer to the Lessor of the Equipment 1.RENTAL("AGREEMENT):We agree to rent to you and you agree to rent from us the equipment listed above("Equipment•).You promise to pay us the Minimum Monthly Rental Payment('MMR')equal to the Cost Per Copy X the Guaranteed Minimum Monthly Copy Allowance("MMCA`)in accordance with the terns below,plus the Excess Copy Charge("ECC`).On copies in excess of the MMCA.If in any month you make fewer than the MMCA,you cannot carry over a crednto any other month and are obligated to pay the MMR.You authorize us to insert serial numbers of Equipment when we so determine them.The parties intend this Agreement to be a finance agreement under Article 2A of the Uniform Commercial Code. 2.TERM AND RENT:The Agreement shall commence on the day that any of the Equipment is delivered to you(`the Commencement Date').The MMR shall be payable in advance,in the amounts and for the initial term printed above,commencing on the Commencement Date.ECC shag be payable monthly in arrears as billed.You agree to provide accurate and timely meter readings at the end of each applicable billing period on the forms or other alternative means supplied by us.If meter readings are not received in a timely manner,charges may be estimated by us.YOUR OBLIGATION TO PAY THE MONTHLY MINIMUM RENTAL PAYMENT AND OTHER SUMS AND ALL OTHER OBLIGATIONS HEREUNDER SHALL BE ABSOLUTE AND UNCONDITIONAL AND ARE NOT SUBJECT TO ANY ABATEMENT, SET-OFF,DEFENSE OR COUNTERCLAIM FOR ANY REASON WHATSOEVER,INCLUDING WITHOUT LIMITATION ANY CLAIM THAT YOU HAVE OR ASSERT AGAINST THE SUPPLIER OR EQUIPMENT MANUFACTURER.This Agreement is Non-Cancelable.We reserve the right to increase the MMR and ECC by up to ten percent(10%)per each twelve month period during this Agreement 3.USE AND MAINTENANCE;NO WARRANTIES:You have selected the Equipment supplier and we are renting the Equipment to you`AS IS`.We are not the supplier or Equipment manufacturer.You have entered into a separate Agreement with the dealer or Equipment manufacturer for supplies and maintenance of the Equipment,which is not a part of this Rental Agreement.WE EXPRESSLY DISCLAIM ALL WARRANTIES,EXPRESS OR IMPLIED,AS TO ANY MATTER WHATSOEVER,INCLUDING WITHOUT LIMITATION THE CONDITION,MERCHANTABILITY OR FITNESS FOR ANY PARTICULAR PURPOSE OF THE EQUIPMENT OR INFRINGEMENT OR THE LIKE.YOU HEREBY ACKNOWLEDGE AND AGREE THAT ALL OF THE EQUIPMENT IS OF FUNCTION,DESIGN AND CAPACITY AND OTHER SPECIFICATIONS SELECTED SOLELY BY YOU AND THAT WE HAVE NO RESPONSIBILITY IN CONNECTION THEREWITH.WE SHALL HAVE NO LIABILITY WHATSOEVER FOR ANY DAMAGES.INCLUDING WITHOUT LIMITATION ANY PERSONAL INJURY PROPERTY DAMAGES.LOSS OF BUSINESS,OR INCIDENTAL OR CONSEQUENTIAL DAMAGES CAUSED BY OR RELATED TO THE EQUIPMENT,ITS MANUFACTURE, INSTALLATION,FUNCTIONING OR OPERATION OR CAUSED BY ANY DELAYS IN MAKING DELIVERIES OR REPAIRS OR BY THE MANUFACTURER'S OR SUPPLIER'S PERFORMANCE OF MAINTENANCE ON THE EQUIPMENT YOU ACKNOWLEDGE THAT THE FURNISHING OF MAINTENANCE SERVICES FOR THE EQUIPMENT BY THE MANUFACTURER OR.SUPPLIER DOES NOT IN ANY WAY AFFECT THE DISCLAIMER SET FORTH HEREIN AND DOES NOT ASSURE IN ANY MANNER WHATSOEVER UNINTERRUPTED OPERATION AND USE OF THE EQUIPMENT. THE TERMS AND CONDITIONS PRINTED ON THE REVERSE SIDE ARE MADE A PART HEREOF. YOU AGREE TO ALL OF THE TER AND CONDITIONS ON THE REVERSE SIDE OF THIS AGREEMENT,AND IN ANY ATTACHMENTS TO SAME(ALL OF WHICH ARE INCLUDED BY REFERENCE)AND BECOME PART OF THIS ACRE ENT.YOU ACKNOWLEDGE TO HAVE READ AND AGREE TO ALL OF THE TERMS AND CONDITIONS AND UNDERSTAND THAT THIS IS A NON-CANCELABLE AGREE- MENT FOR THE FULL TERM OWN ABOVE. ��"" 1 , I I/( /� Signature 11 Q,NABO �l /1 Title Chili? 3� Lt �Fi Cu/uwrf�ate .c/4/0I Print Name i r e �. L Z P.1 i e For ('E .i-yy op Le h l A Legal Name of Corporation or Partnership TO INDUCE LESSOR TO ENTER INTO THE WITHIN LEASE AGREEMENT,THE UNDERSIGNED UNCONDITIONALLY GUARANTEES TO LESSOR THE PROMPT PAYMENT WHEN DUE,OF ALL OF LESSEE'S OBLIGATIONS TO LESSOR UNDER THE LEASE.LESSOR SHALL NOT BE REQUIRED TO PROCEED AGNNST LEASE OR THE EQUIPMENT OR ENFORCE ANY OTHER REMEDY BEFORE PROCEEDING AGAINST THE UNDERSIGNED.THE UNDERSIGNED WANES NOTICE OF ACCEPTANCE HEREOF AND ALL OTHER NOTICES 0 DEMAND OF ANY KIND TO WHICH THE UNDERSIGNED MAY BE ENTITLED.THE UNDERSIGNED CONSENTS TO ANY EXTENSIONS OR MODIFICATIONS THAT MAY BE GRANTED TO LESSEE AND THE RELEASE AND/OR COMPROMISE OBLIGATIONS OF LESSEE OR ANY OTHER OBUGORS AND GUARANTORS WITHOUT IN ANY WAY RELEASING THE UNDERSIGNED FROM HIS OR HER OBLIGATIONS HEREUNDER.This IB A CONTINUING GUARANTEE AND NOT BE-DISCHARGED OR AFFECTED BY DEATH Of THE UNDERSIGNED.SHALL BIND THE HEIRS,ADMINISTRATORS.REPRESENTATIVES.SUCCESSORS AND ASSIGNS OF UNDERSIGNED AND MAY BE ENFORCED BY DR FOR TTTHE BE OF ANY ASSIGNEE OR SUCCESSOR OF LESSOR. Signature /`,/? nib/ Date O/ Signature • Date Prim Name fit Ike V . C2 e l l e Prim Name • Home Address 9/ c JokliYl 5 ) Home Address cm � Pe ley state Co Zip 8'll6,1Z cm state zip Soc.Sec.No. 8)'— 4660 Ll/3 Phone Q70 -3S A'goo° Soc.Sec.No. Phone Form#AC-CPC Schedule A Annexed and made a part of a Lease Agreement No. (" Lease") entered into between WELD COUNTY, ("Lessee") and Citicorp Vendor Finance, Inc. (fka Copelco Capital, Inc.), as ("Lessor") dated (4) Konica 7065 (2) Konica 7060 (4) FS 106 (2)FS 103 (1) Konica 7055 (3) Konica 7150 (1)FS 106 (3) FS 103 (3) Konica 7040 (10) Konica 7050 (3)FS105 (10) FS103 (3)DB608 (1) IP402 (3) Konica 2330 (1) KN Card (1) Postscript (2) Konica 1212 (1) IP Upgrade (2)H.P. 4500N Color Printers • Includes all service and supply for 400,000 copies per month. • 63 month lease$14, 649.60 per month Weld C ty Autho zed Signer/Title C h A, Z /� �1 oY172c1 t Weld cdwnrr ( n n ss'Unei25 /Y1 ke ,\ . lei . Print Name Approved by Citicapital COPY PRODUCTS All Copy Guarantees • Includes payoff of lease for Konica 3015 • All Copy will fulfill all remaining obligations on current lease with MBIA Capital. • If Konica 7065's are not operational to Print Shop's satisfaction, we will return the Konica 7050's. The Konica 7050's would be rebuilt every 12 months. • The Konica 7050 on Citicorp lease# 1831670 is also covered under the umbrella service contract. II Weld County Mr All Copy Products LLC / h e d. (zelle , Chn , 73d_ W Ld do. Otyllmtssicne.- s A\\- COPY PRODUCTS it Wald Count.Colorado ruPART NUMBER 3113404 TAX INVOICE trotora DATit AS4OO1JN ODEWOICITON5 WITDIWSD ADDITIONAL OUNrAMOUNT OR RMJ$5615& - 1ST MONTH 08/07/01 14,649.60 .00 .00 14,649.60 2ND MONTH08/07/01 14,649.60 .00 .00 .00 14,649.60 iiiipe Weld County 3113404 O Order Of The Board Of County Commissioners CHARGEABLE UT of MONIES W THE TREASURYAND P.O.Box 758 APPROPRIATED THEREFOR AND O COLORADO GREELEY,COLORADO CH ROE BLETOTHE (970)356-4000 FAX:(970)352-0242 raX=MC17+Y TREASURER 29,299.20 V OF SAID COUNTY DATE 08/08/01 V©F NOT CA91ED IN 91 WPAY TO THE ORDER OF copy F— Q CITICORP VENDOR FINANCE INC CHAIRMAN BOARD OF COUNTY COW ISBIOXERS F.. ONE INTERNATIONAL BLVD '(JJ \w/7J Ij�(7�j�}��J N 10TH FLOOR MAIIWAH NJ 07430-0631 C�O� ` - " O`-"-"' CLERK OF THE BOARD 3113404 102100918 8012700848 Weld County,Colorado 915 10th Street P.O.Box 758 Greeley,CO 80632 CITICORP E INTERNATIONAL BLVD INC 10TH FLOOR MAHWAH NJ 07430-0631 Hello