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HomeMy WebLinkAbout650177.tiffSIGN LEASE OPTION PURCHASE AGREEMENT BACHMAN'S, INC.: WHEREAS, the County Commissioners of Weld County, Colorado, have carefully considered the Lease -option purchase agreement by and between Weld County, the Lessee, and Bachman's Inc. of Greeley, Colorado, the Lessor, and are fully advised in relation thereto, NOW, THEREFORE, BE IT RESOLVED, by the Board of County Commissioners of Weld County, Colorado, that said agreement be approved and signed, a copy of which is attached hereto and made a part of this resolution. The above and foregoing resolution was, on motion duly made and seconded, adopted by the following vote: AYES: Fr/ ,<..� �Fz-�.�( r 'THE BOA OF COUNTY COMMISSIONERS DATED: APRIL 7, 1965 WELD COUNTY, COLORADO APPROVED: G Tcocz 650177 LEASE - OPTION - PURCHASE AGREEMENT THIS AGREEMENT made and entered into this 3424L day of March, 1965, by and between Weld County, a political subdivision of the State of Colorado, by the Board of County Commissioners for its respective interests, the Lessee, and Bachman's, Inc. a Colorado Corporation, of Greeley, Colorado, the Lessor, WITNESSETH: WHEREAS, it has become necessary to provide metal shelving for the law books of the law library of Weld County, Colorado, and, WHEREAS, it is necessary to preserve the books which are a valuable asset to the Court System of Weld County, by placing them in metal shelves, and, WHEREAS, the present shelving and book cases have become in- adequate and do not provide the required protection needed for said books, and, WHEREAS, under Section 36-1-4 of the Colorado Revised Statutes 1963, the County Commissioners of each County are required to furnish adequate County buildings and to furnish same, and, WHEREAS, Bachman's have agreed to furnish the required metal shelving for the law library books on a lease, option and purchase arrangement. NOW THEREFORE, in consideration of mutual promises, covenants, and agreements herein contained and the payments herein provided the following is agreed between the parties hereto: (1) The Lessor shall lease to the Lessee the equipment following: 1,161 36" x 9" Shelves 148 96" H Beaded Posts 258 96!' H Angle Posts 148 96" x 9" End Panels 72 96" x 36^ Back Panels -1- (2) The Lessor shall receive rental payments as follows: $492.62 due May 1, 1965 $1,133.03 due January 15, 1966 $1,079.99 due June 15, 1966 $1,051.06 due January 15, 1967 $1,022.13 due June 15, 1967 $993.20 due January 15, 1968 (3) The Lessor shall pass title to said equipment to Lessee on January 15, 1968, provided all payments herein have been made. (4) The Lessee agrees to make all payments as herein provided under the terms of this Agreement. (5) The Lessee agrees to surrender to Lessor, upon non- payment of any installment, all items covered by this Agreement, in same condition as received, ordinary wear excepted. (6) The term of this Agreement shall be for 32 months from May 1, 1965 to January 15, 1968. (7) The equipment herein described shall be delivered to the Lessee by May 1, 1965 when first payment is made. IN WITNESS WHEREOF,, the Board of County Commissioners, by and through its Chairman, has caused this Lease, Option and Purchase Agreement to be subscribed and attested by the Clerk of said Board and said Lessor by and through its President and attested by its Secretary on the day and year above written. Weld County, a Political Subdivision of the State of Colorado, By the Board of County Commissioners for its Respective Interests By -2- gde Attest: -o unty 01e� Bachman's Inc. By Attest: A/ d. eee4 . e etary APPROVED: �/ Lisr a rr.� a County Attorney eAge Y —3— President _ REMINGTON RAND DICTAPHONE GESTETNER DITTO VERIFAX SALES AND SERVICE KARDSX VISIBLE SYSTEM• PHOTOCOPYING MACHINES DUPLICATOR SUPPLIES RIBBONS AND CARBONS SCHOOL AND OFFICE SUPPLIES 1303 8TH AVENUE - PHONE 352-7503 GREELEY. COLORADO 80631 Weld County - District Court Courthouse Greeley, Colorado J TERMS: NET - NO DISCOUNT - ALL ACCOUNTS DUE IST OF FOLLOWING MONTH. DESCRIPTION _ QUANTITY LEASE RENTAL on Steel Shelving for Library As Per Agreement 9887 cP 12-30-67 INVOICE DATE OUR ORDER NO. YOUR ORDER NO. SALESMAN atzeyr B 944 ADDING MACHINES CALCULATORS TYPEWRITERS DESKS -CHAIRS FILES -SAFES 7311 Will Williams PRICE net AMOUNT 993.20 Hello