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RESOLUTION L;
WHEREAS, it is the desire of the Commissioner in District No. 3
to lease from the McCoy Company of 6000 Dahlia Street, Denver, Colorado,
a used caterpillar #12F motor grader DD ES with all attachments as per
invoice #2273, and Government Lease Agreement, all attached and made
a part hereof by reference for a lease price of $1, 000. 00 per month,
excluding insurance, and
WHEREAS, it is in the best interest o\.Weld County to lease
said piece of equipment in accordance with the rental agreement attached
herewith.
NOW, THEREFORE, BE IT RESOLVED, that the County of
Weld, agrees to lease from McCoy Company, 6000 Dahlia Street, Denver,
Colorado, one used caterpillar #12F motor grader DD ES with all of the
attachments thereon as hereinabove recited.
The above and foregoing Resolution was, on motion duly made
and seconded, adopted by the following vote on the 7th day of January,
1970.
BOARD OF COUNTY COMMISSIONERS
WELD COUNTY, COLORADO
BY: ,
:
ATTEST: ��ti'' ✓ � .I`r'`" ''%'��'L,/f
CLERK OF.. O RD
. -
AP. OV D AS tO FORM:
S
C UNTY ATTO NEY
E 66)016
700300
SMMCCOY COMPANY
GOVERNMENT AGENCY LEASE AGREEMENT
This Agreement, made the 8th, day of De.aemb.er in the year of Nineteen
Hundred and 6.9...., by and between MLeLd..C.aunty
hereinafter called the Lessee, and McCOY COMPANY, hereinafter called the Lessor, WITNESSETH,
that the Lessee and the Lessor for the consideration hereinafter named agree as follows:
1. Under the General Conditions of Lease printed on the reverse side of this sheet, the Lessor
hereby leases to the Lessee the following described equipment in good operating condition, to be
used at or near Weld County,
State of Colorado for approximate rental period of Montha
starting November 13., 1969. The rental payment for the first 30 consecutive day
period shall be $1, 000. 00, The ' ntal a ment for each adds tonal 30 con ecu ive day
at a rental of$...Z..QO.Q.04payable period shall be $1, 000, 00
a)m. xxxxxxitogxf
ITEM STOCK SERIAL ENGINE
NUMBER NUMBER NUMBER
1-Caterpillar No, 12F Motor •
Grader DD ES an. 6D4150 26949 13K1940
2. It is understood and agreed that Lessee shall have the option to extend the within lease at
the same monthly rental and upon the same terms and conditions as provided for in this lease for
an additional period of --- months. Said option to extend to be exercised by Lessee in the
manner prescribed in Paragraph 4 hereof on or before the 15th day of the month following the date
of termination of the within lease or renewal thereof.
3. It is understood and agreed that Lessee shall have the option at any time during the term
of this lease, or any extension or extensions thereof,to purchase said equipment for$ 25,..OO.0...00
and Lessee shall be allowed credit against said purchase price of an amount equal to 100
per cent of the rentals paid by Lessee during the term hereof or any extension or extensions thereof;
and if this lease is in effect an extension of an original lease then the term "rentals paid" shall
include rentals paid under the original lease as well as this extension. Said option to be exercised
by Lessee in the maner prescribed in Paragraph 4 hereof.
4. Lessee shall exercise the options provided for herein in Paragraphs 2 and 3 by action of the
County Commissioners , in regular meeting assembled, adopting a Resolution exer-
cising said options and having a notice thereof delivered to Lessor by a written document contain-
ing a copy of said Resolution certified to by the County Clerk
of said Cauraty certifying that the above-mentioned Resolution was duly
adopted by a majority of said CAunty.IT.aaxd and further certifying that the
budget adopted by the County Board for the current fiscal year contained
an appropriation for the payment of such monthly rentals or purchase price, as the case may be,
and:that a certified copyytsaid Resolution was filed with him and duly recorded in the Official
Records ' Weld Cpunty ,as provided by Law.
4g.C.0X L sor YY IaI? GODINIX Lessee
i
•
Members of Board el Cgmmiskioners of Weld
County
(Must be signed by a majority of....coualty
Commissioner s
RESOLUTION AND CERTIFICATION
T Clerk of hereby
certify that on the day of 195_, a Resolution was
adopted by the of , in regular
meeting assembled approving the within Lease Agreement.
I hereby further certify that the budget adopted by the for
the current year contains an appropriation for payment of the rentals due under and pursuant to
the within Lease Agreement.
(Seal) Clerk
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